Packers may have offer on the table for jennings

[Pugger]

i'll puke if he goes to minnie

I heard earlier on the NFLN on Sirius radio MN is no longer interested in Jennings.

[Pugger]

Why the lack of interest in Jennings? There were other WRs available, but I would have thought he'd get some interest. If his phone has rung at all, it hasn't been much.

Maybe teams are worried about his injury history the past couple of years? They both lingered, but neither were that bad.

Teams might have been turned off by what Greg was asking plus the fact he will be 30 this fall and he had some injury issues the past couple of seasons.

[packrulz]

It sounds like Finley will be cut if they sign Jennings.

[Smeefers]

Huh. It sounds like what several rats have been saying all along. He's on the wrong side of 30 and has had injury issues. He's not worth 10 mil, more in the 7-9 range and he's not going to garner any interest until he drops his asking price. I'd also like to point out that it's only been 3 freaking days of free agency. The dude has some time to negotiate. Also, who's to say he hasn't gotten offers and now he's just playing highest bidder between the teams and we're just none the wiser?

[pbmax]

Jason Wilde @jasonjwilde
Presso! RT @TomPelissero: Reiterating point in column: #Vikings aren't interested in Jennings at the current asking price of $11M-$12M/year.

[HarveyWallbangers]

No way has Thompson offered $10M/year. Not a chance. I could see around $8M/year. I think Thompson is in a good position of either keeping Finley or Jennings. Not both. I wonder if Thompson prefers Jennings and is willing to offer a good contract, but is not desperate to move off his price because keeping Finley is a good alternative.

[sharpe1027]

No way has Thompson offered $10M/year. Not a chance. I could see around $8M/year. I think Thompson is in a good position of either keeping Finley or Jennings. Not both. I wonder if Thompson prefers Jennings and is willing to offer a good contract, but is not desperate to move off his price because keeping Finley is a good alternative.

I have a feeling that you are right. It is possible that one year of the contract has the potential to reach $10M because TT has been known to be creative in when the money is paid (e.g., by front loading or with crazy incentives that will never be met), but I doubt that would be $10M average per year. Then again, maybe it is true.

[Bossman641]

If we sign Jennings at $10M a year I'd be disappointed. Most I'd be willing to go is $32M over 4 years.

[red]

latest from rotoworld

The Milwaukee Journal-Sentinel hears that the Vikings' interest in free agent Greg Jennings "really cooled" on Tuesday because the veteran receiver "asked for too much money."
The Packers are rumored to have offered Jennings $10 million annually, presumably on a four- or five-year deal. The Vikings apparently aren't willing to match or exceed that number. Our current feeling is Jennings will return to Green Bay, though these things are subject to sudden change. If Minnesota misses out on Jennings, it's worth wondering if GM Rick Spielman would consider using both of his first-round picks (Nos. 23 and 25) on wide receivers.
Related: Vikings
Source: Ty Dunne on Twitter
Mar 13 - 11:50 AM

[red]

If we sign Jennings at $10M a year I'd be disappointed. Most I'd be willing to go is $32M over 4 years.

and that could easily be done by giving him a 5 year 50 million dollar deal (10 a year for the non-math folks), with 18 million coming in the last year.

basically making it a 4 year 32 million dollar deal for the team, but letting the player keep his pride

fyi, he would be cut or restructured before that last year hit

also, now would be a good time to address something. 20 or 30 million in guaranteed money doesn't mean the same thing these days as it did a few years back. when most of us thing of guaranteed we think of a signing bonus that the guy gets up front and is prorated over many years, preventing the player from being released. these days, a lot of the guaranteed money is in the form of roster bonuses and really not guaranteed at all.

a guy could get a 5 year 50 million dollar deal with 20 million "guaranteed". this could include, lets say a 5 million dollar signing bonus with the rest of the money coming in the form of a 1 million dollar roster bonus in the first year, and a 3.5 million dollar roster bonus in each of the next 4 years. then like alot of guys, he gets the minimum salary the first year, and then it goes way up each year from there.

5 year, 50 million, 20 million guaranteed looks like a huge deal

well the team would have a cap number that first year of less then 3 million. the team could decide to cut the player the very next offseason and only take a 4 million dollar cap hit. not bad

and in the meantime the player would have gotten about 6.5-7 million dollars over that one year, not bad for him either

so, to sum up. big contracts don't have to be as horrible for the teams as they use to be

patler can correct me where i'm wrong

[King Friday]

Jennings asking for big money from the Vikings is a sign he really isn't that interested in going there...he'll only go there if they way overspend. I don't think Jennings was ever interested in leaving Green Bay unless he could hit it big elsewhere. He was hoping to find a suitor, but if the only team even interested in him is Minnesota then I have a high degree of confidence that he'll be back in Green Bay.

If he comes back to Green Bay, I would expect to see no more than a 4 year deal. I think one of the reasons Jennings wanted to go into free agency was the hope he could get a longer deal with more guaranteed money. That now seems to be a pipe dream with the "flat" cap situation over the past few years and greater proliferation of "cap-intelligent" teams. There are fewer and fewer teams willing to overspend enthusiastically these days.

If I was Thompson, I would be targeting a 4 year, $40M deal to help Jennings save face...which in essense would be crafted as a 3 year deal worth between $20M and $25M.

[Guiness]

patler can correct me where i'm wrong

As my kids are fond of chanting - You're wrong, you're wrong, even if you're right, you're WRONG!!!

Ok, maybe you are right, I just wanted to say that. Good description of a possible 'contract averaging $10M/year'. The NFL has a very liberal interpretation of the word 'guaranteed'.

[pbmax]

and that could easily be done by giving him a 5 year 50 million dollar deal (10 a year for the non-math folks), with 18 million coming in the last year.

basically making it a 4 year 32 million dollar deal for the team, but letting the player keep his pride

fyi, he would be cut or restructured before that last year hit

This.

Listen to the drunk, angry man. He is really dialed in on this one. The only caveat is that this kind of deal seems to likely cost Finley his roster spot or force a negotiation. And he will be late to the FA party when the money is spent. That's pretty hardball for T2: funny money contract and a player released late.

And while Jennings is a more reliable player (when healthy), his position is better stocked than TE. I think Harv has it right here. No way Thompson gets moved off his number for Greg.

[Guiness]

Huh. It sounds like what several rats have been saying all along. He's on the wrong side of 30 and has had injury issues. He's not worth 10 mil, more in the 7-9 range and he's not going to garner any interest until he drops his asking price. I'd also like to point out that it's only been 3 freaking days of free agency. The dude has some time to negotiate. Also, who's to say he hasn't gotten offers and now he's just playing highest bidder between the teams and we're just none the wiser?

I'd be awfully surprised if this was the case. He's pretty high profile, and there's been no news of him visiting teams, no buzz at all really. I don't think this is what he and his agent were expecting at all.

[Guiness]

And while Jennings is a more reliable player (when healthy), his position is better stocked than TE. I think Harv has it right here. No way Thompson gets moved off his number for Greg.

I was thinking that as well wrt the TE position. With the players we have at each spot, I have to say I'd rather see Finley stay than Jennings. There's a much more significant drop off to the next guy at TE.