Are you confused on what bonus/bonuses he'll end up receiving versus what his cap hit will be for whatever team trades for him?stillgotgame wrote:ReasonablySober wrote:stillgotgame wrote:He's almost as clueless as this board.
Let's be clear I want Rodgers gone. I didn't think we should resign him. I want us to see what we have in Love and rebuild.
But his contract is very clever. He's guaranteed $59M next year. How the team we trade him to splits it up is up to them. But keep in mind this is not a signing bonus that can be clawed back if he retires. So the team is on the hook for $59M no matter how long he plays.
If he stays another year he gets another $45M. It's also treated like a roster bonus so no getting any of it back if he retires. So after2 years Rodgers gets $104M plus min salary, about $108M for 2 years.
Who would pay $59M for 1 year of Rodgers or $108M for 2 years? No one. This isn'ta 33 year old QB where you can spread that money out over 5 years. It will come due in a hurry.
I'm glad that we alone have such a valuable cap guy around here, as opposed to this agent:The Packers will have significant dead money if Rodgers decides to retire after the 2022 season because of the roster bonus proration. The option bonus proration would come off Green Bay's books so there wouldn't be any cap charges associated with the option bonuses. Green Bay would have $40,313,570 of dead money consisting of $32.64 million of roster bonus proration and the $7,673,570 of 2023 bonus proration that already existed before the new deal. The dead money would be the same with a trade before exercising the option for the 2025 contract year, except the option bonuses would become the financial and cap responsibilities of the acquiring team.
Trading Rodgers in 2024 wouldn't be feasible. There would be $68.205 million of dead money by dealing Rodgers before the second option is exercised. In this case, the bonus proration from the first option in 2023 would be part of Green Bay's dead money. With a trade occurring before the option for 2026 is exercised, the acquiring team would have financial and cap responsibilities for the second option bonus.
7. There's a wide window to exercise the options. It starts on the first day of that respective league year and closes on the day before the first game of that regular season. Ordinarily, the window to pick up options is anywhere from five to 10 days at the beginning of a league year. For example, Buffalo has a five-day window beginning on the first day of the 2022 league year to exercise an option for Allen's 2028 contract year, which requires a $42.4 million payment. The extended window provides Green Bay with more flexibility in case Rodgers retires or a trade is explored. Rodgers doesn't have a no-trade clause in his contract.
or the guy here:When the Packers gave Rodgers a 3-year, $150 million extension in the offseason, the contract promised security for both sides. The quarterback had a lot of guaranteed money, and Green Bay had the flexibility to keep Rodgers or even trade him in the future.
Rodgers’ cap hit in 2023 is projected to be $31.6 million. If he is traded before June, the dead money would be $40.3 million, which is not a big difference. It’s undoubtedly one the Packers would be willing to swallow if they rebuild. The move would free up $40.7 million of cap space in 2024, $59.3 million in 2025, and $53.4 million in 2026.
Rodgers will have value on the trade market. Even if it’s not as high as it would have been last offseason, he is still a good quarterback with an absurd ceiling. He can be great again with the proper surroundings.
Rodgers’ cap hit for an acquiring team in 2023 would be just $15.8 million. It may be even less if the team opts to restructure his deal and move some money to the future. That would allow the Packers to get a good value in return, maybe first- and fourth-round picks, or even more if the competition gets hot.
Or the guy on Over the Cap, or the guy whose single Twitter identity is being an expert on the Packers cap.
Thanks.
Key statement in bold. The team that takes him owes him $59M for 1 year or $108M for 2.
The second guy is dreaming. Unless someone like Irsay wants to give him the money over multiple years I don't see any team dumb enough to pay him this money. Hopefully I'm wrong, but for now this board appears delusional.
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