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Thread: Jordy Nelson signs extension.

  1. #21
    Anti Homer Rat HOFer Bretsky's Avatar
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    good solid signing.
    LIFE IS ABOUT CHAMPIONSHIPS; I JUST REALIZED THIS. The MILWAUKEE BUCKS have won the same number of championships over the past 50 years as the Green Bay Packers. Ten years from now, who will have more championships, and who will be the fart in the wind ?

  2. #22
    Oracle Rat HOFer Cheesehead Craig's Avatar
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    You just don't mess with one of the most prolific QB/WR combos in the league when they are in their prime. Good to see the Pack saw that.
    All hail the Ruler of the Meadow!

  3. #23
    Nice story about how word filtered out to the team during practice.

    http://www.espnwisconsin.com/common/...4681&is_corp=1
    Bud Adams told me the franchise he admired the most was the Kansas City Chiefs. Then he asked for more hookers and blow.

  4. #24
    Red Devil Rat HOFer gbgary's Avatar
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    great move for probably the most underrated wr in the league (by media types).

  5. #25
    Stout Rat HOFer Guiness's Avatar
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    Well, just like Nelson, this topic didn't garner a lot of attention, and was slipping down the front page in short order.

    I think the Packers dealing with Nelson first was a tip of the cap to the veteran, and now it's time to move on to Cobb. Interesting article at nfl.com, pretty hard to take at face value
    http://www.nfl.com/news/story/0ap200...h-for-new-deal
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  6. #26
    I think I nailed this one earlier this month.

    Tom Silverstein ‏@TomSilverstein 1h
    New from JS: Nelson climbs to 9th on WR pay scale http://bit.ly/1tXomIj #packers
    Bud Adams told me the franchise he admired the most was the Kansas City Chiefs. Then he asked for more hookers and blow.

  7. #27
    In exchange for a large first-year payout of $14.25 million, the Green Bay Packers will get Jordy Nelson for a palatable $7.68 million over the next three years as part of the contract extension the receiver signed over the weekend.

    There's no best way to determine the value of an NFL player's contract, but among the most valuable are the amount of money totally guaranteed, as well as the amount the deal pays in the first two and three years. The later-year salaries are less important because players often don't get to them -- teams either cut them or ask them to take a pay reduction because the player has aged and isn't performing at the level he did when he signed the deal.

    By those measures, Nelson will be well paid as far as money that's guaranteed explicitly or de facto, and for the first three years he'll make good but not top-end money. Nelson agreed to the deal presumably as a hedge against the risk of getting injured or seeing his performance diminish, and at age 29 he was willing to sacrifice some money over three years to get as much as he could this year.

    According to a source with access to NFL salary information, Nelson's official guaranteed pay is his $11.5 million signing bonus. But he'd already made a $250,000 workout bonus and essentially is guaranteed his $2 million base salary because the Packers aren't going to cut him this year. So his real guarantee is $13.75 million. He can make another $500,000 this season in roster bonuses -- $31,250 for each game he's on the 46-man game-day roster.

    So this year Nelson will make anywhere from $13.75 million to $14.25 million, which is the third-highest total of any receiver this season, behind only Miami's Mike Wallace ($15.05 million) and Chicago's Brandon Marshall ($15 million).

    However, Nelson's base salary next season is only $1.3 million with the same weekly roster bonuses that will pay up to $500,000 plus a $500,000 workout bonus. So in the first two years Nelson will make $16.55 million. And in '16, his base salary is $5.5 million with the $500,000 workout bonus and up to $500,000 in weekly roster bonuses.

    So he'll make $23.05 million in the first three years, or an average of $7.68 million.

    By comparison, Marshall like Nelson had one year left on his contract when he signed an extension earlier this offseason. Marshall, who is 30, received a $7.5 million bonus and will make $15 million this year in salary and bonuses, or only slightly more than Nelson.

    However, Marshall will make $7.7 million in salary and bonuses in '15, so in his first two years he'll make $22.7 million to Nelson's $16.55 million. And Marshall is scheduled to make $8.1 million in '16, so in his first three years, if he's still playing well enough at age 32 that the Bears don't cut him, he'll average $10.27 million.

    Nelson's former teammate Greg Jennings last year had the leverage of free agency when he signed with Minnesota. Jennings received a $10 million bonus, $13 million in the first year and will make $18 million in the first two seasons. He's scheduled to make $9 million in '15, which makes for $27 million over the first three years, though by the start of the '16 season he'll be 33 and in danger of being released because of age and cost.

    Nelson's contract in total is worth $42.55 million for five years, or an average of $8.51 million a year. The NFL Players Association only considers new money when calculating the worth of contract extensions, so it counts Nelson's deal as worth about $39 million in new money for four new years, or an average of $9.7 million a year. But Nelson received the bonus now, so his new contract in reality starts this year.

    Nelson will be 32 in 2017, when his pay takes a major leap for the final two years of his deal. He's due to make $9.25 million ($8.25 million base salary, $500,000 workout bonus and up to $500,000 in per game roster bonuses). In 2018 he's due to make $10.25 million ($9.25 million base, $500,000 workout and up to $500,000 in per game roster bonuses).

    Nelson will count $5.925 million on the Packers salary cap this season. His cap numbers the final four years are $4.6million in '15; $8.8 million in '16; $11.55 million in '17 and $12.55 million in '18.
    Numbers look good.

  8. #28
    Stout Rat HOFer Guiness's Avatar
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    Quote Originally Posted by Striker View Post
    Numbers look good.
    I'm a little surprised by the structure of the contract, it's not blatant, but there is some 'funny money' in the last 2 years. He might get them, but they are by no means guaranteed and it's entirely possible he does not. His '16 base is quite low, which I also find odd because it's a 'new' year. The line So he'll make $23.05 million in the first three years, or an average of $7.68 million. tells you he gave the Packers a heck of a discount.
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  9. #29
    El Jardinero Rat HOFer MadtownPacker's Avatar
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    Very happy to hear the White man finally got the respect he deserved!!

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