Aaron Rodgers’ contract should increase Packers’ cap hit by less than $1M in 2018

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Aaron Rodgers’ contract should increase Packers’ cap hit by less than $1M in 2018

Postby linchao » Fri Oct 19, 2018 9:52 pm

As we now know Color Rush Antonio Morrison Jersey , the Green Bay Packers have reportedly agreed to a four-year contract extension with quarterback Aaron Rodgers. The deal makes him the highest-paid player in NFL history in terms of both total guaranteed money, average annual value, and total value.However, as is always the case, the devil is in the details. Rodgers already carried a cap hit of just over $20.56 million for the 2018 season. With the structure of the contract, the Packers are able to free up some cap space by doing so. Spotrac estimated that the Packers could free up a maximum of $15.4 million with a Rodgers deal, but the real cap savings for this year will certainly fall well short of that. In fact, it appears that his cap hit will increase for this year, but only slightly.Let’s recap what has been reported so far:The deal is for four additional years. Since Rodgers had two years remaining, this makes his current contract effectively a six-year deal, running through 2023.The contract includes $33.5 million per year in new money and a reported $103 million in “effective guarantees.” (source: James Jones)Here’s a look at Rodgers’ cash flow: his signing bonus is reported at $57.5 million, he is projected to receive $66.9 million by the end of the 2018 NFL season, and he’ll get a total of $80 million by March. (sources: @RapSheet, @AdamSchefter)Now, here’s a closer look at what that means for the cap, at least for 2018.According to the NFL’s collective bargaining agreement, the $57.5 million signing bonus is spread out over the first five years of the contract. That comes to $11.5 million on the cap per year. The difference between the $66.9 million number and the signing bonus will be Rodgers’ in-season compensation, consisting of his base salary and any per-game active roster bonuses that are present. That comes to $9.4 million, which is added to the $11.5 million for a total of $20.9 million. Add in a $500,000 workout bonus already paid out this offseason and we get to a total of $21.4 million. UPDATE: There is conflicting information regarding Rodgers’ workout bonus, which has already been paid out. One way of reading the reports is as stated above Color Rush Tramon Williams Jersey , that the workout bonus is separate from the rest of the compensation package. However, some sources, including former NFL agent Joel Corry, have reported that the half-million is included in $9.4 million number. If the latter is the case, then Rodgers’ base salary is actually $8.9 million and his cap hit drops to $20.9 million.If Rodgers’ contract had kept per-game active roster bonuses in, they would be counted against the cap only based on how many games the player played the previous year; since Rodgers only suited up for seven games, the Packers have to count just 7/16 of his total roster bonus amount for 2018. For simplicity’s sake, let’s say the Packers had kept his total roster bonus amount at $600,000, which was the total value that it held on his old deal. In this case, subtracting 9/16 of that amount gets us to $20.64 million for a cap hit in 2018. However, former Corry is reporting that there are no per-game active roster bonuses in Rodgers’ new deal. In this case, the math in this paragraph is irrelevant and his cap hit would be the $20.9 million mentioned above.The remainder of the $80 million that Rodgers will see by March should come in a roster bonus paid out around the start of next year’s free agency. That would go on the Packers’ cap in 2019 instead.Thus, compared to Rodgers’ previous cap number on his old contract, this new deal — again, based on the numbers that have been reported — should actually increase Rodgers’ cap hit for 2018. However, that increase is quite small, at $337,500. Meanwhile, the trade of Brett Hundley took a $705,000 cap hit off the books.Here’s the breakdown in table form http://www.authenticsgreenbaypackers.com/cheap-mason-crosby-jersey , with the revised assumption that the workout bonus is technically part of the new deal:Rodgers’ Projected Contract for 2018CompensationNew Contract - 2018 CashNew Contract - 2018 CapPrevious Contract - 2018 CapCompensationNew Contract - 2018 CashNew Contract - 2018 CapPrevious Contract - 2018 CapNFC North Roundup: Final cut fever comes to a close as opening week awaits It’s finally here. Week one of the NFL regular season.As the Green Bay Packers finalize their roster ahead of a much anticipated first game matchup with the Chicago Bears, the franchise will officially kick off its 100th season. While there were some mild surprises during cutdown week, including the release of Vince Biegel, Ahmad Thomas, and Aaron Ripkowski, the Packers’ key players remain mostly healthy and intact. A new-look defense, debut of Jimmy Graham, and return of Aaron Rodgers point to another exciting season in Green Bay.Around the NFC North, a black Saturday came and went for many roster hopefuls and established veterans. In Minnesota, the tenure of a career Viking defensive end came to a close while another former defensive player will join the team in another role. The Bears also will have a new potential Monster of the Midway with the arrival of Khalil Mack via trade, while the Lions released one of their bigger free agent acquisitions.Here’s a look at final cuts around the division and a couple newcomers in today’s roundup.Detroit Lions Week 1: vs. New York JetsLions establish 53-man rosterHere is a full recap of the Lions’ moves on cutdown day to get to 53 players.DeShawn Shead is Lions’ most surprising cut, Zach Zenner to IRThe Lions’ free agent signing at cornerback was released after training camp despite a $1.5 million signing bonus.Detroit Lions signing ex-Eagles RB Donnel Pumphrey to practice squadEven after adding LeGarrette Blount and Kerryon Johnson, the Lions are bringing in another running back in the form of the the NCAA Division I’s all-time leading rusher*.*(Editor’s note: this is only because the NCAA record book doesn’t count bowl game stats from before 2002. If it did, Ron Dayne would still hold the record.)Chicago BearsWeek 1: at Green BayBears announce 53-man rosterSaturday’s final cuts in Chicago are detailed here. The Bears will go into the season with just two quarterbacks on the roster.Bears trade safety Deiondre’ Hall to EaglesAs the Packers cut ties with a former fourth-round pick in Biegel, so did the Bears with 2016 pick Deiondre’ Hall after just eight games with the squad.Bears trade for DE Khalil Mack, sign record extensionOf course, this roundup would not be complete without a rundown on the Mack acquisition by Chicago. A brief recap of trade and contract details here.Minnesota Vikings Week 1: vs. San FranciscoCuts Are In: The Minnesota Vikings Have a Final 53-Man RosterThis breakdown of the Vikings’ roster provides a look at how the final cut day shook out in Minnesota, especially at a competitive wide receiver position.Vikings releasing 12-year veteran Brian RobisonThe most surprising and sentimental move of the day was Minnesota’s decision to part ways with the long-time veteran defensive end Robison, a Viking mainstay.Vikings Terence Newman starts new NFL career as Nickel/Defensive Backs CoachIn a little bit different kind of roster move, the 40-year old Newman retired from the NFL after 15 seasons and will immediately join the Vikings’ coaching staff as a wily veteran of Mike Zimmer’s defensive system.
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