ESPN.com's John Clayton reports Green Bay Packers QB Brett Favre's retirement could be a financial disaster, but in a different kind of way for the team. With his $3 million roster bonus and $7 million in salary, Favre would make $10 million this year if he plays. The Packers would save $10 million of cash if he doesn't, but that's not necessarily a good thing. The Packers have a payroll of around $76 million, but that doesn't include draft choices or any other free agent signings. Not having Favre would take the payroll down to $66 million. With the new collective bargaining agreement, teams must have a minimum cash payroll of $85.5 million, meaning the Packers would have to spend $19.5 million just to make the minimum. With the players remaining as free agents, the Packers would be hard pressed to spend the money they would need to.
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BLOG FROM JOHN CLAYTON--FUNNY--$$ Does NOT CARRY OVER TT
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Can the Dragons play the Packers every week ?Originally posted by MJZiggyMan are we going to have a big team...Cutdowns will be a beast! Maybe Driver will finally get his payday. I think I'll draft a letter...TERD Buckley over Troy Vincent, Robert Ferguson over Chris Chambers, Kevn King instead of TJ Watt, and now, RICH GANNON, over JIMMY JIMMY JIMMY LEONARD. Thank you FLOWER
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If this is true, how can the Packers not make a big frontloaded offer to Woodson and Arrington? NFL Channel just reported that the Packers did indeed offer Woodson a contract, but they said it wasn't even in the ballpark of what he is seeking."There's a lot of interest in the draft. It's great. But quite frankly, most of the people that are commenting on it don't know anything about what they are talking about."--Ted Thompson
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NO surprise there on the lowball offer; I truly think TT is assuming Favre returns. Does he truly want him back ? That's another debate. But how is TT going to get to 85MIL if Favre leaves ? Probably by siging multiple cheap players to short term deals......I'd guess.Originally posted by HarveyWallbangersIf this is true, how can the Packers not make a big frontloaded offer to Woodson and Arrington? NFL Channel just reported that the Packers did indeed offer Woodson a contract, but they said it wasn't even in the ballpark of what he is seeking.TERD Buckley over Troy Vincent, Robert Ferguson over Chris Chambers, Kevn King instead of TJ Watt, and now, RICH GANNON, over JIMMY JIMMY JIMMY LEONARD. Thank you FLOWER
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Re: BLOG FROM JOHN CLAYTON--FUNNY--$$ Does NOT CARRY OVER TT
OKOriginally posted by BretskyESPN.com's John Clayton reports Green Bay Packers QB Brett Favre's retirement could be a financial disaster, but in a different kind of way for the team. With his $3 million roster bonus and $7 million in salary, Favre would make $10 million this year if he plays. The Packers would save $10 million of cash if he doesn't, but that's not necessarily a good thing. The Packers have a payroll of around $76 million, but that doesn't include draft choices or any other free agent signings. Not having Favre would take the payroll down to $66 million. With the new collective bargaining agreement, teams must have a minimum cash payroll of $85.5 million, meaning the Packers would have to spend $19.5 million just to make the minimum. With the players remaining as free agents, the Packers would be hard pressed to spend the money they would need to.
This is a great example of how screwed up ESPN is.
We would not save $10 mil vs the cap if Brett retires.
We'd save 10 mil in cash outlay if Brett quits. but we would take a cap hit of 4,833,333 in the rest of Brett's pro-rated signing bonus. So our cap shortfall would only be 5.2 million. That means the total payroll would be around 71 mil. I don't think the league minny of 82 mil is a problem in any way, shape, or form.
Another non-existant ESPN SCOOP!
The only time I like Clayton is when Sean Salsbury makes fun of the little geek.
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I don't think that would help because only the 45 (or so) highest paid players count against your cap.Originally posted by BretskyNO surprise there on the lowball offer; I truly think TT is assuming Favre returns. Does he truly want him back ? That's another debate. But how is TT going to get to 85MIL if Favre leaves ? Probably by siging multiple cheap players to short term deals......I'd guess.Originally posted by HarveyWallbangersIf this is true, how can the Packers not make a big frontloaded offer to Woodson and Arrington? NFL Channel just reported that the Packers did indeed offer Woodson a contract, but they said it wasn't even in the ballpark of what he is seeking."There's a lot of interest in the draft. It's great. But quite frankly, most of the people that are commenting on it don't know anything about what they are talking about."--Ted Thompson
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KY,
Clayton indicated teams have to have a "minimal cash payroll". Could that be different from the salary cap figure and be exclusive of the dead cap hits ? Just wondering.TERD Buckley over Troy Vincent, Robert Ferguson over Chris Chambers, Kevn King instead of TJ Watt, and now, RICH GANNON, over JIMMY JIMMY JIMMY LEONARD. Thank you FLOWER
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Re: BLOG FROM JOHN CLAYTON--FUNNY--$$ Does NOT CARRY OVER TT
Wasn't there also an article on JSonline a few weeks back that indicated Rodgers gets a big increase if he becomes the starter? That article implied there was only a small difference if Favre plays or if he doesn't , because of Rodgers increase and the fact the Packers would have to pay a few million or so to an experienced veteran and a third QB.Originally posted by KYPackOKOriginally posted by BretskyESPN.com's John Clayton reports Green Bay Packers QB Brett Favre's retirement could be a financial disaster, but in a different kind of way for the team. With his $3 million roster bonus and $7 million in salary, Favre would make $10 million this year if he plays. The Packers would save $10 million of cash if he doesn't, but that's not necessarily a good thing. The Packers have a payroll of around $76 million, but that doesn't include draft choices or any other free agent signings. Not having Favre would take the payroll down to $66 million. With the new collective bargaining agreement, teams must have a minimum cash payroll of $85.5 million, meaning the Packers would have to spend $19.5 million just to make the minimum. With the players remaining as free agents, the Packers would be hard pressed to spend the money they would need to.
This is a great example of how screwed up ESPN is.
We would not save $10 mil vs the cap if Brett retires.
We'd save 10 mil in cash outlay if Brett quits. but we would take a cap hit of 4,833,333 in the rest of Brett's pro-rated signing bonus. So our cap shortfall would only be 5.2 million. That means the total payroll would be around 71 mil. I don't think the league minny of 82 mil is a problem in any way, shape, or form.
Another non-existant ESPN SCOOP!
The only time I like Clayton is when Sean Salsbury makes fun of the little geek.
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If I were TT and I had 19 million left, i'd try and sign those two guys to extremely front loaded contracts for 3 years, then keep them for 3 years for practically nothing. That way, you can add more players when you're closer to the championship.
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If they stay at #5, their 1st round picck will have a lot of guaranteed money. Instead of a signing bonus over 4 or 5 years, give him a roster bonus so it all counts this year.
There will be lots of ways to get to the minimum. In season renegotiations for players like Green, Davenport, Cole, Peterson, Lee, Wells, Jenkins, etc, etc. could also happen.
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Problem I see with front loading contracts is in the back part, if a player is a pro bowler, you setting yourself up for a hold out situation.
Say we pay Arrington what he wants, but we take the bulk in this year. What's to stop him from holding out in year 3 of his contract?
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