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Thread: Gary Extended

  1. #1
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    Gary Extended

    Rashan Gary signs a 4 year deal for $107,000,000.
    But Rodgers leads the league in frumpy expressions and negative body language on the sideline, which makes him, like Josh Allen, a unique double threat.

    -Tim Harmston

  2. #2
    34.6M is guaranteed.

    Here's a few other contracts:

    Maxx Crosby 4yr/94M
    Bradley Chubb 5/110M
    TJ Watt 4/110M
    Myles Garrett 5/125M
    Trey Hendrickson signed a 1yr, 21M extension with CIN

    Provides some context into Gary's deal. A bit on the pricey side IMO, but not resetting the market or anything. Is he worth it?
    He was basically the EDGE3 his first two years, missed half of last year and has been on a pitch count. When he rushes the passer he's very good but he's not a great run defender.

    I think this is a slight overpay but it helps the pass rush.

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    I am just a dumb burger flipper. Someone, please explain to me, in layman’s terms, how a team that’s drowning in a cap hell with more dead money than Enron’s revenue accounts combined is able to afford Gary Lightbody for $107M.

    I mean, smart Pack fans were telling me, the Packers went “all-in” and lost the gamble. Consequently, cap hell is the price the Packers are currently paying. Ain’t no way in hell a team in a cap hell can afford to pay Gary $107M.

    Are the Packers cooking the cap? I am so confused.
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  4. #4
    They aren't in future cap hell. Other than possibly Bakh, there isn't a lot of potential dead cap money coming up. And Gary is the only player consistently playing at a high level on defense.
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    Quote Originally Posted by MadScientist View Post
    They aren't in future cap hell. Other than possibly Bakh, there isn't a lot of potential dead cap money coming up. And Gary is the only player consistently playing at a high level on defense.
    But, according many smart Pack fans, the Packers are presently in a cap hell. In the 90’s, the 69ers went all-in once. Won a Super Bowl then fell into a cap hell. Consequently, they lost Neon Deion to the Cowfuckers.

    If the Packers are in a cap hell, it should be illogical for the Packers to retain Gary for $107M. Either the Packers are NOT in a cap hell or they’re cooking the cap. Some burger flipper once said that cap hell doesn’t exist anymore and any team can always cook the cap.
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    Quote Originally Posted by Anti-Polar Bear View Post
    But, according many smart Pack fans, the Packers are presently in a cap hell. In the 90’s, the 69ers went all-in once. Won a Super Bowl then fell into a cap hell. Consequently, they lost Neon Deion to the Cowfuckers.

    If the Packers are in a cap hell, it should be illogical for the Packers to retain Gary for $107M. Either the Packers are NOT in a cap hell or they’re cooking the cap. Some burger flipper once said that cap hell doesn’t exist anymore and any team can always cook the cap.
    Don't be intentionally difficult. Even a burger flipper understands that our cap hell is in this current year, with most of it being the balance of AR's bonus hitting. That will all be gone next year. Also, next year we'll free up another $21MM in cap when Bakh is released. This Gary contract is for the future caps, which those 2 big cap hits will be gone. yes, we'll still have $19MM of Bakh money next year, but that other $21MM is freed. IIRC, the AR cap hit that will free up next year is $50MM.

  7. #7
    Big time money but that's the going rate I guess. TJ signed two years aog and still higher so not surprising I suppose.

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    Quote Originally Posted by SudsMcBucky View Post
    Don't be intentionally difficult. Even a burger flipper understands that our cap hell is in this current year, with most of it being the balance of AR's bonus hitting. That will all be gone next year. Also, next year we'll free up another $21MM in cap when Bakh is released. This Gary contract is for the future caps, which those 2 big cap hits will be gone. yes, we'll still have $19MM of Bakh money next year, but that other $21MM is freed. IIRC, the AR cap hit that will free up next year is $50MM.
    So you’re saying the Packers are presently in a cap hell? And you’re saying that cap hell is nothing but a short term nothing burger?

    Maybe Gary gave the Packers a hometown discount. But he’s now averaging $24M/yr. Ain’t no way a team in a cap hell has the cap space to sign Gary for that much…unless it was never in a cap hell, or it’s cooking the cap.

    With titanic TV contracts and soaring revenues, there’s no such fuck as a cap hell in the NFL anymore. If there ain’t a cap hell, there sure as fuck ain’t no reason not to cook the cap, especially for a team whose owners are a punch of faceless “stockholders” who won’t get a penny of the Packers net profit.
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  9. #9
    Would it help if we explained it's a 4 year extension, so given he makes a guaranteed 10.8M this year on the 5th year option, by extending him he's essentially making 118M over this year and the next 4? A lot of times teams actually get cap relief by extending players on their 5th year, because that year is fully guaranteed, whereas only a small portion of Gary's extension is. They could pay him the full $34M guarantee next year with a 1M salary. That 34M is spread over the remainder of this year and the 4 following years. It's funny games with the money, but it's normal for NFL contracts.

    One other thing: they are definitely in bad cap shape this year with dead money (they have cap charges still for Adrian Amos, Dean Lowry, Jarren Reed, Randall Cobb, and of course Rodgers among others). The Rodgers deal is the one hurting them most this year. Next year they will still have some cap unwinding to do but it won't be as severe. They will be able to more easily nibble along the fringes of FA; this year it was pure dumpster diving. 2025 is when -- assuming they don't do foolish things with any contracts -- they can truly be players in FA again. I'm going to assume that they learned a lesson with the all-in/run-it-back Rodgers years. This year is the loan on that future cap space they signed up for in 2021-22, and now the credit card bill is being paid.

    Cap hell is usually short-term, if you aren't the New Orleans Saints. It's not a nothing burger though. There's been plenty of digital ink spilled about how much the Ravens are spending on offense this year vs. Green Bay (something like 5 times). GB has a very cheap offense (esp. without Bakhtiari) and it shows.

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    Quote Originally Posted by Anti-Polar Bear View Post
    I am just a dumb burger flipper. Someone, please explain to me, in layman’s terms, how a team that’s drowning in a cap hell with more dead money than Enron’s revenue accounts combined is able to afford Gary Lightbody for $107M.

    I mean, smart Pack fans were telling me, the Packers went “all-in” and lost the gamble. Consequently, cap hell is the price the Packers are currently paying. Ain’t no way in hell a team in a cap hell can afford to pay Gary $107M.

    Are the Packers cooking the cap? I am so confused.
    This deal has no impact on our 2023 salary cap.

    Right now we are $33,000,000 under the 2024 salary cap.
    But Rodgers leads the league in frumpy expressions and negative body language on the sideline, which makes him, like Josh Allen, a unique double threat.

    -Tim Harmston

  11. #11
    Quote Originally Posted by Anti-Polar Bear View Post
    But, according many smart Pack fans, the Packers are presently in a cap hell. In the 90’s, the 69ers went all-in once. Won a Super Bowl then fell into a cap hell. Consequently, they lost Neon Deion to the Cowfuckers.

    If the Packers are in a cap hell, it should be illogical for the Packers to retain Gary for $107M. Either the Packers are NOT in a cap hell or they’re cooking the cap. Some burger flipper once said that cap hell doesn’t exist anymore and any team can always cook the cap.
    I thought I was the one who said that hahahaha and you intelligently echoed me. Don’t sell yourself short. You generally exhibit a helluva lot more smarts (on this end of the forum anyway) this than the supposed real CPA in here.

    Of course the cap is cooked, depending on how you define cooking, specifically, the use of bonuses. I would assume that $34m+ of guaranteed money is the rest of this year’s salary plus the bonus. It’s eminently logical to pay him that much based on the way he plays and the importance of his position.

    And of course pretty much everybody does that perfectly legal and highly intelligent kind of cap cooking.
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    Quote Originally Posted by ThunderDan View Post
    This deal has no impact on our 2023 salary cap.

    Right now we are $33,000,000 under the 2024 salary cap.
    So the Packers were never in a cap hell. Gotcha.

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    Quote Originally Posted by texaspackerbacker View Post
    I thought I was the one who said that hahahaha and you intelligently echoed me. Don’t sell yourself short. You generally exhibit a helluva lot more smarts (on this end of the forum anyway) this than the supposed real CPA in here.

    Of course the cap is cooked, depending on how you define cooking, specifically, the use of bonuses. I would assume that $34m+ of guaranteed money is the rest of this year’s salary plus the bonus. It’s eminently logical to pay him that much based on the way he plays and the importance of his position.

    And of course pretty much everybody does that perfectly legal and highly intelligent kind of cap cooking.
    Not to brag or anything, but I am actually quite smart when my head ain’t clouded by porn.
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  14. #14
    This isn’t a bad deal, but it isn’ta great deal either. Means it is probably fair market value for a guy who can get 15+ sacks a year of healthy but is a liability in run defense.
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    Quote Originally Posted by Anti-Polar Bear View Post
    So the Packers were never in a cap hell. Gotcha.
    If you consider that 27.2% of our cap hit this year plays for other teams or not at all, than I guess we were never in cap hell.

    If you live in the real work, having $61,500,000 of potential improvements to the team not even suiting up for the team is causing a real shitty season.
    But Rodgers leads the league in frumpy expressions and negative body language on the sideline, which makes him, like Josh Allen, a unique double threat.

    -Tim Harmston

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    Quote Originally Posted by ThunderDan View Post
    If you consider that 27.2% of our cap hit this year plays for other teams or not at all, than I guess we were never in cap hell.

    If you live in the real work, having $61,500,000 of potential improvements to the team not even suiting up for the team is causing a real shitty season.
    At the start of the league year, the Bears had more “dead money” than the Packers. Were they in a cap hell?

    Exactly.

    There’s no such fuck as a cap hell anymore. Dead money is just an excuse the owners use to limit labor expenses. The Bears had more dead money than the Packers, yet they had more cap space than the Packers.

    The Packers coulda created 61.5M (your dead money figure, I suppose) in cap space if they wanted to. How? Cook. The. Cap. Future cap hits/dead money will be offset by expiring contracts/soaring revenues/future cooking.
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    Quote Originally Posted by Anti-Polar Bear View Post
    I am just a dumb burger flipper. Someone, please explain to me, in layman’s terms, how a team that’s drowning in a cap hell with more dead money than Enron’s revenue accounts combined is able to afford Gary Lightbody for $107M.

    I mean, smart Pack fans were telling me, the Packers went “all-in” and lost the gamble. Consequently, cap hell is the price the Packers are currently paying. Ain’t no way in hell a team in a cap hell can afford to pay Gary $107M.

    Are the Packers cooking the cap? I am so confused.
    Because its backloaded. It will probably count about 10 and 20 million against the cap the first 2 years. And we are out of cap hell for the most part after next season. But you know that and are just desperately trying to pretend you were right all along and what we are currently experiencing isn't related at all to desperately going all in the previous several years. You want to pretend that we don't currently have 10 of 12 preferred starters on offense on rookie deals because of previous years decisions.
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    Quote Originally Posted by Anti-Polar Bear View Post
    At the start of the league year, the Bears had more “dead money” than the Packers. Were they in a cap hell?

    Exactly.

    There’s no such fuck as a cap hell anymore. Dead money is just an excuse the owners use to limit labor expenses. The Bears had more dead money than the Packers, yet they had more cap space than the Packers.

    The Packers coulda created 61.5M (your dead money figure, I suppose) in cap space if they wanted to. How? Cook. The. Cap. Future cap hits/dead money will be offset by expiring contracts/soaring revenues/future cooking.
    What you're not grasping is, that although caps can definitely be cooked, we had pretty much cooked all the contracts we could kick down the road. There really isn't much more left to kick on this year's team.

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    Quote Originally Posted by King Friday View Post
    This isn’t a bad deal, but it isn’ta great deal either. Means it is probably fair market value for a guy who can get 15+ sacks a year of healthy but is a liability in run defense.
    That's where I'm at. That seems like elite money, but Gary is elite at only one part of the job description. That'd be like paying a QB elite money because he can make one type of throw really well, but not another.

    But I suppose that's the league, and they could hardly afford to lose him. IF he's as hard a worker as they say, can he please work on his run defense, though?
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    Quote Originally Posted by bobblehead View Post
    Because it’s backloaded. It will probably count about 10 and 20 million against the cap the first 2 years. And we are out of cap hell for the most part after next season. But you know that and are just desperately trying to pretend you were right all along and what we are currently experiencing isn't related at all to desperately going all in the previous several years. You want to pretend that we don't currently have 10 of 12 preferred starters on offense on rookie deals because of previous years decisions.
    Let me this straight, Bobble logic:

    The Packers are in a cap hell.

    Cap hell is short term.

    Backloaded contracts create cap hell.

    Using your logic, why extend Gary at all? His backloaded contract is just gonna create future cap hell!

    In today’s NFL, cash flow, not the salary cap, is what handicaps players expenditures. And profit is still the name of the game, even for the so-called nonprofit corporation. The Packers are supposedly in a cap hell, yet the just handed out sumptuous contracts to the likes of 12, 69, 52, 23, 29, 59, 91, and whatever number the Fucking Center wears, among others.

    So why won’t the Packers hand out more sumptuous contracts? Cash flow. Not only do the Packers not want to have to dig into their “reserve” fund, thunderdan jotting down a net loss when he does his annual audit of the Packers won’t look good for the team - and the league, a league full of greedy pigs.
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