Official Jordan Love Bandwagon Thread:

[HarveyWallbangers]

The 5th year was more guaranteed than this deal and nearly identical max value if you add the 5th year plus what he was scheduled to make this year. This is absolutely not as good as the 5th year option for Love and it’s all but certain the Packers informed them they were not going to exercise the 5th year option.

If Love declined it and had a great year, he’d make double in 2024. But injuries happen. Hard to say he’s not confident in himself by signing this deal because even if he is confident, injury is a risk and that’s a reason to sign this deal.

In the end, Love gives up the chance to make 20 extra million in 2024 by signing this deal, but he gets a lot of money up front so he’s secure even if the worst happens.

It makes sense for both sides, but if Love was really betting on himself in the biggest way, he woulda said nope, and got a lot more next year.

I've seen varying reports on what the total money would be for each deal? Initially, they were saying he would make $2M more with this deal.

[RashanGary]

He was scheduled for 2.5 base. So they added a max of 20 for the second year. Best case it’s 5th year option money. But the 5th year would have been fully guaranteed. This is definitely not better than the 5th year option for him and I’m certain they informed him they were not exercising that because there is absolutely no benefit to this deal over the 5th for him.

[run pMc]

Seems like a good deal for both sides -- gives team that extra year to figure out their QB situation, and gives Love a some more upfront money while betting on himself.

There are currently zero quarterbacks in the NFL other than Love who have a contract that pays between $10 million and $24 million on average per year.

per APC

Haven't seen anything re: Savage yet, that would be interesting. They are clearing cap space for something.

[Fritz]

If he plays well, he'll make $2.5m more with this deal--with more upfront. If he plays poorly and the Packers go a different direction, I think he loses about $6-7M in this deal. Essentially, he's betting on himself to do well.

And if he does play well, he knows he's going to have the Packers either re-negotiate next offseason or risk losing him. Not a bad deal for either side.

[red]

why in the fuck would we do this?

we didn't have to pick up his 5th year option until after next season

we just threw away the last advantage to having a rookie QB

just dumb IMO

gutey is way in over his head

[Joemailman]

why in the fuck would we do this?

we didn't have to pick up his 5th year option until after next season

we just threw away the last advantage to having a rookie QB

just dumb IMO

gutey is way in over his head

No. They had to pick up his 5th year option today.

[red]

No. They had to pick up his 5th year option today.

oh, the story did say that in the next line after saying they gave him a new deal

its my right as an american to vent without knowing any facts

[Joemailman]

oh, the story did say that in the next line after saying they gave him a new deal

its my right as an american to vent without knowing any facts

[HarveyWallbangers]

He was scheduled for 2.5 base. So they added a max of 20 for the second year. Best case it’s 5th year option money. But the 5th year would have been fully guaranteed. This is definitely not better than the 5th year option for him and I’m certain they informed him they were not exercising that because there is absolutely no benefit to this deal over the 5th for him.

I may be misreading the terms. The extension was $22.5m, but that doesn't include what he gets this year in a restructure, so that would be $22.5m + 2023 salary. Plus, he would get more upfront money--which has value. His base for this year is $2.3m and the 5th year option would be $20.2m, so total of $22.5m max on the old deal.

[Sparkey]

I may be misreading the terms. The extension was $22.5m, but that doesn't include what he gets this year in a restructure, so that would be $22.5m + 2023 salary. Plus, he would get more upfront money--which has value. His base for this year is $2.3m and the 5th year option would be $20.2m, so total of $22.5m max on the old deal.

Last I heard, the new contract contained a 13.5 million signing bonus. 6.5 million base in 24 and 2.5 million xtra in earnable incentives.

[Joemailman]

Last I heard, the new contract contained a 13.5 million signing bonus. 6.5 million base in 24 and 2.5 million xtra in earnable incentives.

Which means his cap hit is more in 2023 than it would have been. It's offset, more or less, by the restructure they did with Darnell Savage.

[texaspackerbacker]

It sounds like they're not giving up on Savage - planning on a bigger role for him next year. As for Love, obviously they aren't gonna just let go of him. It sounds, though, like they aren't confident enough to lock him up beyond next season and the season after. If he doesn't show enough, he'll be gone after that, but if he does come through, he'll probably be damn expensive to keep after that. I suppose, this way is the middle ground.

For those who don't believe the cap can be handled, that's what this is - the Savage thing and the Love thing. It actually woulda been cheaper cap-wise to long term Love now, but then they'd be commited long term.

[MadScientist]

Besides giving the Packers dome protection, it's good that Love signed this because it shows he is confident enough to bet on himself.

[Joemailman]

Besides giving the Packers dome protection, it's good that Love signed this because it shows he is confident enough to bet on himself.

Packers will never build a dome.

[sharpe1027]

For those who don't believe the cap can be handled

Narrator: nobody believes that cap can't be manipulated