play2win
11 years ago
Good to see. I hope he has a super successful finish to his career in a Packers uniform.
porky88
11 years ago
Good deal! It sends a message to anyone drafted next weekend by Green Bay, too. If you play well, they will reward you.
buckeyepackfan
11 years ago
Finally!!!!

Curious to see the details, It is all about the signing bonus and guaranteed money when it comes to how it effects The Packers "cap".

With this being an extension it gives The Packers many different options on how to spread out the guaranteed money.

Looks like Aaron is next, hopefully soon, not to sure if there is going to be enough money left for Raji, this could be his last year in Green Bay.



I was addicted to The Hokey Pokey, but I turned myself around!
steveishere
11 years ago

Did I expect anything else? For sure no. However, with #12's extension upcoming I would have loved to see the Claymaker inked at around 10 to 11 millions. But very glad to see him in green and gold for the foreseeable future.

Originally Posted by: GermanGilbert 



Well it's an extension so the actual average pay comes out to 11.6m/year
buckeyepackfan
11 years ago

Well this helps a little.

$31 mil guaranteed, that money can be spread out over 6 years(1yr current + 5yr ext.) when counting against the cap, now the only thing to be revealed is how much Clays base salary is for each year of the contract, put those numbers together and you have how much he is going to count against the cap each year.




Linebacker Clay Matthews signed an extension with the Green Bay Packers on Wednesday, the team announced.

Terms of the extension weren't disclosed by the team, but a source confirmed to ESPN that the extension is for five years and worth about $65 million in new money, including $31 million guaranteed. Fox Sports had earlier reported terms of the deal.


A source close to the deal told ESPN.com's Darren Rovell that Matthews will receive $22 million by the end of 2013 and $27 million in the next 12 months.

http://espn.go.com/nfl/story/_/id/9183033/clay-matthews-signs-extension-green-bay-packers 
I was addicted to The Hokey Pokey, but I turned myself around!
Laser Gunns
11 years ago
5-year extension?

So it would actually be 6-years including this one?

At 66 mil, that's actually 11 per year?

MintBaconDrivel
Dec, 11, 2012 - FOREVER!
buckeyepackfan
11 years ago

5-year extension?

So it would actually be 6-years including this one?

At 66 mil, that's actually 11 per year?

Originally Posted by: RajiRoar 



The extension is for 5 years, He is still under contract for this year(2013), but because it is an extension, The Packers can spread the guaranteed money over 6 years.

I know I am mostly confused how they do things, that is why it is probably better to just wait for the full details to be posted on Packers.com

I am betting Clays base salary for next year will be around 1 mil(2014), 2mil(2015), 3 mil(2016), then will explode the final 2 years, that is when he and The Packers restructure or say goodbye.

This will enable The Packers to keep the cap somewhat inline for the next 4 years.

It's all about "the guaranteed money" the rest is just window dressing for the agents.
I was addicted to The Hokey Pokey, but I turned myself around!
Yerko
11 years ago
Glad this deal got done and he is very deserving of it all...

Finally, some Packers news I can sit down and smile at in the off-season.

Feels incredible...😮
UserPostedImage
MintBaconDrivel
11 years ago

In recent weeks, as the Packers and linebacker Clay Matthews closed in on a new contract, some reported that Matthews will become the highest-paid linebacker in the game. And now that he has signed a five-year, $66 million extension, many are proclaiming that Matthews, with an average of $13.2 million, has exceeded the prior high-water

ProFootballTalk  wrote:


buckeyepackfan
11 years ago

Originally Posted by: MintBaconDrivel 



Reading that and it seems Clay's 2013 salary has been absorbed into the "guaranteed" money, 11mil + a year looks to be the average.

31mil/6=5.17 mil + base salary will prob be what Clays cap # will be.
I was addicted to The Hokey Pokey, but I turned myself around!
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