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#276 | |
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Banned
Join Date: Jan 2019
Location: Wisc
Posts: 11,373
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#277 | ||
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Join Date: May 2013
Posts: 8,808
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https://packerswire.usatoday.com/202...s-restructure/ Now since you know it all....explain to the world how he is owed $46.1m this year without the signing bonus....
Last edited by twisty571; 01-27-2022 at 02:45 PM. |
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#278 |
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Not to interrupt the $26MIL VS $46MIl circle jerk, but why does it matter what Rodgers will physically put in his bank account from the Packers next season?
$46MIL is the cap hit. It doesn't matter if that is $1MIL in cash, and a prorated bonus of $45MIL. He counts $46MIL against the cap next year. $46MIL is the only thing anyone cares about, expect Aaron Rodgers who is actually getting the cash. $46MIL is what the team will have to work around. $46MIL is what comes off the $208MIL projected 2022 Cap number. The Packers will have $162MIL to pay for an entire team, if they keep Rodgers and that $46MIL cap hit. Did I say $46MIL enough? Because that is all that matters. |
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#279 | |
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Banned
Join Date: Jan 2019
Location: Wisc
Posts: 11,373
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#280 | |
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Banned
Join Date: Jan 2019
Location: Wisc
Posts: 11,373
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#281 |
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I think the 49ers will trade their super bowl winning Qb and some future drafts for him.....Yes I said Super Bowl winning because we are winning the super bowl this year and you can count on it.
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#282 |
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Member
Join Date: May 2013
Posts: 8,808
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ok so the cap hit is $46m no matter how you slice it.....tell me how that is without the signing bonus being counted in that money that he is owed this year? If he isn't on the roster they save $19m....so what is the rest of it for? Hmmm signing bonus would be a big part of that hit they have to take THIS YEAR (2022) NO MATTER WHAT!
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#283 | |
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I 100% am a fan that has high hopes and positive outlook for the team. My high hopes and positive outlook are based on looking forward to a future that can create the best outcomes based on a strong belief we can't make the impossible happen... and the best case for that involves seeing Rodgers leave and getting valuable assets in return. Your high hopes and positive outlook are a sham of denial and unrealistic hopes that almost everyone, except you, accepts as impossible! I guess I'll just have to live with being a boring fan... but I guess it beats being a delusional one
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#284 | |
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Yes, for sure, in an NFL contract they pay the player his signing bonus, or break the bonus up for easy things, like Work Out Bonus or roster bonus or whatever. By and large, the Player gets the bonus upfront. But the team gets to prorate that bonus over the length of the contract. If I gave you a $100MIL 4 year deal, I'd ask you to take that as $50MIL in Salary and $50MIL upfront. You walk out, with $50MIL now, and start drawing the salary when the season starts. I log the above as $12.5MIL per year in salary & 12.5MIL per year in prorated bonus. That way, in season one, you count $25MIL against my cap, even though I would have paid you $62.5MIL in cash by the end of the 1st season. The term Dead Cap comes in, from the Prorated portion of the bonus. I paid you that money in the bonus, or in guaranteed fashion. You aren't on the team, but the money is still on the books because I stretched it out. For Rodgers, $46MIL IS the actual cap number. $26,470,588 in Base Salary + $16,321,569 in Prorated Signing Bonus + $500,000 in Workout Bonus + $2,852,000 in restructured money, which is the team pushing money owed around to cook the books to get under the cap prior. Add them all up, and in 2022 Rodgers will count $46,144,157.00 against the cap. You are silly if you think that is not his cap number. Or that any of this works a different way. Again, makes no difference how they showed they paid him. They did/will pay him. It matters how they posted that money to the league, for cap reasons. |
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#285 | |
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Banned
Join Date: Jan 2019
Location: Wisc
Posts: 11,373
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I'll try and break this down in terms of cap hit. Signing bonuses are down to push dead money into the future. Roster bonuses are usually the guaranteed portion of contracts, meaning if you're on the team on a certain day of the league year, you're guaranteed that money. In 2018, he signed a 4 year $134 million extension that included a $57.5 million dollar signing bonus. That was all paid to him that year. The remaining $76.5 was spread out in base salary over those next 4 years. The signing bonus does not all count towards the cap at the time it's paid out, it's spread out over the length of the contract, roughly $14.5 per year. In 2019, they converted $11.5m of his base salary into a signing bonus. That's prorated over the remaining 3 years of his contract, making the dead cap hit up to around $18m per year. In 2020, same thing, converted to signing bonus. In 2021, same thing. That's why converting $14.5 million to signing bonus only cleared up $8 million in cap space. And that leads us to 2022, where the road has currently hit a dead end. There's no more contract left, meaning there's no more road to keep kicking that cap hit down. That is why his cap is as large as it is. It doesn't mean that they actually owe him $46 million dollars this year. |
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#286 | |
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Either way, though, there is a 0% chance Rodgers plays in Green Bay with a $46 million cap hit this year.
__________________
I collect Packers, former Ohio State Buckeyes, Blue Jackets, and Cleveland Indians/Guardians. |
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#287 | |
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Banned
Join Date: Jan 2019
Location: Wisc
Posts: 11,373
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That is why I'm saying that number doesn't mean anything. Yes, that is the number today. That is not going to be the number when it truly means something. You tell me I'm wrong and then lay out exactly what I'm saying. Last edited by whitmm; 01-27-2022 at 03:28 PM. |
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#288 |
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Banned
Join Date: Dec 2018
Location: TN
Posts: 15,843
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I look forward to seeing Aaron in a Green Bay uniform next season.
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#289 |
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Banned
Join Date: Jan 2019
Location: Wisc
Posts: 11,373
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Exactly. $46 million is a big scary number that won't actually be on the books when the time comes. That's why I'm saying it doesn't matter. The $26 million is all of that rolled over signing bonuses. The $19 million is still unpaid salary, and that number can be taken off the books, or spread out over more years.
Last edited by whitmm; 01-27-2022 at 03:27 PM. |
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#290 | |
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PC Green Bay Packers |
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#291 | |
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PC Green Bay Packers |
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#292 | |
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The Packers cap is only an issue as they can't keep everybody. Some guys will be gone, of course, but simply whatever they do with Rodgers ($20MM), cutting the Smiths ($27.5MM), and pushing money out on Bakhtiari/Clark ($17.5MM) puts them well clear of wherever they need to be immediately with a number of other money-saving moves giving them flexibility (Cobb, Lowry, Crosby, Turner, Lewis cuts - or extending Jaire Alexander could save them up to $9MM against the cap). Cap isn't nearly the issue it seems.
__________________
I collect Packers, former Ohio State Buckeyes, Blue Jackets, and Cleveland Indians/Guardians. |
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#293 | |
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That is all I wanted to hear you say. Everything else is hyperbole. There is no what if he gets cut, he hasn't. There is no what if he gets traded, he hasn't. There is no, do they extend him, to prorate even more money, because they haven't done that. What we do know, is the team has to take those into consideration, because his cap number IS $46.14MIL Yes, I 100% agree, should any of those NEW things happen, his Cap hit would not be $46.14MIL. But until they do, it is $46.14MIL. And everything the Packers will have to do, is because they have to work around that $46.14MIL. And that is why that number means everything. |
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#294 | |
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The most important takeaway from my post, that you quoted, is that all of these players do NOT count against the already -$40MIL cap hole they are in. You are not clearing $60MIL with these players being gone. Them not being under contract is why the cap is -$40MIL. Adding them back to the team, or replacing them with different players, just makes that cap even more negative. |
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#295 | |
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Banned
Join Date: Jan 2019
Location: Wisc
Posts: 11,373
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Bojoquez is a punter, and an average one at that. Tonyan didn't do himself any favors before the injury this year. Another thing to factor in is the 2023 cap is expected to get a sizeable increase. It's surviving 2022, and I believe that the front office can figure out a way to get people paid long term and keep key parts. |
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#296 | |
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Join Date: May 2013
Posts: 8,808
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#297 |
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Going back to the original point, though, Rodgers isn't due $46MM this year. Financially, an extension would give Rodgers more money this year (he's only set to earn about $27MM) while also lowering the cap hit because of how those bonuses can be prorated. He wouldn't have to "take less" to give the Packers more cap room.
__________________
I collect Packers, former Ohio State Buckeyes, Blue Jackets, and Cleveland Indians/Guardians. |
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#298 | |
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Banned
Join Date: Jan 2019
Location: Wisc
Posts: 11,373
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Quote:
So you agree that his actual cap hit will not be $46.14 million in 2022? Because you guys are acting like that number is set in stone. It's hyperbole to believe that the team will not do anything with him. That is the most exaggerated statement that could be made. You know it, I know it, Aaron knows, the team knows it. Standing pat is simply not an option. That is why $46.14 mill means nothing. It's more about what they can reduce that number down to. |
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#299 |
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Banned
Join Date: Jan 2019
Location: Wisc
Posts: 11,373
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#300 | |
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Member
Join Date: May 2013
Posts: 8,808
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