Off-season 2023 Banjo

[Joemailman]

Somewhere on this site someone found a link to a guy who actually had a really good breakdown of his deal and it was nowhere near as bad as we all thought it was by looking at OTC and sporran

We take a big hit, but it’s not 98 million (I don’t think). And could be spread over 2 years

Ken Ingalls.

Ken Ingalls - Packers Cap 💰
@KenIngalls

Replying to
@KenIngalls
There is zero way to reduce this $40.31M of dead cap. There is no magic Drew Brees or Bobby Bonilla method to make this disappear as the money has already been paid.

Best case is to spread $15.83M to 2023 & $24.48M to 2024 if the retirement is processed after June 1, 2023.

Ken Ingalls - Packers Cap 💰
@KenIngalls

These numbers are exactly the same if Aaron Rodgers is traded instead of retires. The $40.31M does not transfer to the new team even if they would be willing to take some/all of it on.

A new team would have Rodgers at a $15.79M cap hit in 2023 after exercising his $58.3M option.

[red]

Ken Ingalls.

There is a giant roster bonus do on the first day of the new year. If the team picks that up, then the dead cap jumps up to like 100 million

I think I read somewhere that if they pick up the first option it locks in all the other years options