stillgotgame wrote:ReasonablySober wrote:stillgotgame wrote:
"Do you believe in 9/11?" Wow.
We need a reporter to jump on him. It's going to take a lot to get us out of paying him $59M next year, but he's nutso angle might be our best approach. No way someone's taking that contract though. Not as it's structured.
It's a good thing there's no chance his cap hit will be near $59 million next year. A team acquiring him will only likely have a cap hit of $15 million and $24 million in 2024.
Finding a trade partner is the least of the problems.
You don't get the math man. Pretty amazing you don't, maybe you went to Whitewater?
He's guaranteed $59M next year, and gets $110 M total over the next 2 years if he plays both. Isaiah Thomas isn't a GM in the NFL. Besides him, only Gute would be dumb enough to pay him this much money, regardless of how much the cap hit is deferred.
My god, man. This again? What don't you understand about guaranteed money
vs CAP HIT. Why do you think there were multiple dead years added onto the end of the deal? That this was a contract through 2024 at the latest?
From ESPN, today, which is literally exactly what I've tried to explain to you for a month now:
Rodgers is scheduled to make about $59.5 million fully guaranteed in 2023. Of that, $58.3 million is in the form of a team option bonus. If the team declines the option, that $58.3 million becomes salary and the team gets hit with a roughly $75 million salary-cap charge for Rodgers in 2023. The Packers are not going to do that. If he's going to be on their 2023 team, they'll exercise the option and spread the cap hit out over several years. Their cap hit for Rodgers in 2023 would then be "just" $31.6 million.
Now here's where it gets really interesting. The deadline for picking up the option isn't until Week 1 of the 2023 regular season, which means the Packers can delay the formal exercising of the option all throughout the summer if they feel they might end up trading him or that he might retire.
If Rodgers retires, the Packers would take on a roughly $40 million cap hit in 2023, unless they waited until after June 1 to formally process the retirement, in which case the cap hit would be about $15.8 million in 2023 and about $24.5 million in 2024.
If the Packers decide to trade Rodgers, the acquiring team would take on the 2023 salary and option decision and a cap charge of $15.8 million if they picked up the option. Their dead-money cap hit would depend on when the trade took place. If the Packers trade him before June 1, they'd take on that roughly $40 million cap hit for 2023. If they trade him after June 1, the cap hits would be $15.8 million in 2023 and $24.5 million in 2024. That's why it makes sense to have the option deadline be so late -- to give everyone time to decide what to do. If you see the Packers pick up his option early in the offseason, that'll tell you they plan to have him on their 2023 roster. If not, they're leaving open the possibility that he won't be.