texaspackerbacker
11 years ago
What, no thread yet? WTG, Ted. This is indeed good news. 5 or 6 years would have maybe been better news - making the cap number even less, but as was said, there's plenty of money.

Don't go to sleep yet, Ted. You still have a lot to do before Tuesday afternoon - a couple more of our own, and maybe that Safety we need so badly.
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Zero2Cool
11 years ago

The Packers made CB Sam Shields a priority in free agency and they did not mess around, agreeing on a four-year deal with the veteran before he was able to sign with another team.

JSOnline  wrote:


3/8/2014: Signed a four-year, $39 million contract. The deal included a $12.5 million signing bonus.


2014: $2.5 million,
2015: $3.1 million,
2016: $2.5 million,
2017: $3.1 million,
2018: Free Agent
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DarkaneRules
11 years ago
This makes sense. He's fast enough to run with this freaking beasts they got for WRs these days
Circular Arguments: They are a heck of an annoyance
dfosterf
11 years ago
He had us over a barrel. We got butt-fucked on this deal. We will lose players because of it. I'm a Sam Shields fan, but this was very expensive.

steveishere
11 years ago

He had us over a barrel. We got butt-fucked on this deal. We will lose players because of it. I'm a Sam Shields fan, but this was very expensive.

Originally Posted by: dfosterf 



It's not that bad with the way it's structured. He'll cost like 5m against the cap this year and 9 the next year. Years 3 and 4 it goes up to 12 but if he's not playing up to standards then he can be cut/restructured with minimal cap consequences.

Essentially it's an investment on him continuing to improve to become a top CB and if he doesn't we can just dump him after paying 12m over 2 years.
wpr
  • wpr
  • Preferred Member
11 years ago
glad the deal is done. Sure wish it was a little less expensive.
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buckeyepackfan
11 years ago
4 yrs 39 mil 12.5mil signing bonus
12.5 / 4 = 3.125

15 mil after 2014

20 mil after 2015

2014 cap hit 5.625mil - base salary 2.5 mil (pro-rated bonus 3.125)

2015 cap hit 8.125mil - base salary 5mil (pro-rated bonus 3.125)

2016 cap hit 13.125mil - base salary 10 mil (pro rated bonus 3.125)

2017 cap hit 12.125mil - base salary 9mil(pro rated bonus 3.125)

This is a 2 year deal PERIOD.

2016 and 2017 is just agent "window dressing"






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

4 yrs 39 mil 12.5mil signing bonus
12.5 / 4 = 3.125

15 mil after 2014

20 mil after 2015

2014 cap hit 5.625mil - base salary 2.5 mil (pro-rated bonus 3.125)

2015 cap hit 8.125mil - base salary 5mil (pro-rated bonus 3.125)

2016 cap hit 13.125mil - base salary 10 mil (pro rated bonus 3.125)

2017 cap hit 12.125mil - base salary 9mil(pro rated bonus 3.125)

This is a 2 year deal PERIOD.

2016 and 2017 is just agent "window dressing"





Originally Posted by: buckeyepackfan 



better be because.. thats a lot o $$$ in our CBs


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

better be because.. thats a lot o $$$ in our CBs

Originally Posted by: Laser Gunns 



Will be interesting when the final details come out just how the Packers pro-rate the 12.5 mil signing bonus.

I don't think there is anything that says they have to spread it out equally over the length of the contract.

With the cap space available this year The Packers could apply all of the bonus to the 1st 2 years.

The only thing that has been announced it that Sam will be paid 15mil this year, jumps to 20 mil through 2015 and 30 mil after 2016.

The contract could look something like this.

2014 cap hit 10.5 mil 2.5mil base salary(8mil pro rated bonus)
2015 cap hit 9.5 mil 5mil base salary(4.5mil pro rated bonus)
2016 cap hit 10mil base salary 10mil
2017 cap hit 9mil base salary 9mil

What that would do is eliminate any "dead money" the last 2 years of the contract enabling The Packers to either cut ties with Sam after the 1st 2 years or hopefully he continues to improve and earn his money and The Packers could easily extend him after 2015 converting his base salary into "bonus signing money" and then spreading that money out over 4 or 5 years.

Tricky business, can you imagine having to do this for 53 guys, while always looking 2 to 3 years in the future.

I still say that The Packers and Tramon Williams will announce some kind of extension lowering his 9.5mil cap hit this year and doing just what I described above.

Tramon expressed the need for veteran players at the end of the year, he is one guy who could really help out The Packers as an organization to free up more money to either bring back their own vet FA's or sign a couple UFA's who hit the market Tuesday.
I was addicted to The Hokey Pokey, but I turned myself around!
sschind
11 years ago

Will be interesting when the final details come out just how the Packers pro-rate the 12.5 mil signing bonus.

I don't think there is anything that says they have to spread it out equally over the length of the contract.

With the cap space available this year The Packers could apply all of the bonus to the 1st 2 years.

The only thing that has been announced it that Sam will be paid 15mil this year, jumps to 20 mil through 2015 and 30 mil after 2016.

The contract could look something like this.

2014 cap hit 10.5 mil 2.5mil base salary(8mil pro rated bonus)
2015 cap hit 9.5 mil 5mil base salary(4.5mil pro rated bonus)
2016 cap hit 10mil base salary 10mil
2017 cap hit 9mil base salary 9mil

What that would do is eliminate any "dead money" the last 2 years of the contract enabling The Packers to either cut ties with Sam after the 1st 2 years or hopefully he continues to improve and earn his money and The Packers could easily extend him after 2015 converting his base salary into "bonus signing money" and then spreading that money out over 4 or 5 years.

Tricky business, can you imagine having to do this for 53 guys, while always looking 2 to 3 years in the future.

I still say that The Packers and Tramon Williams will announce some kind of extension lowering his 9.5mil cap hit this year and doing just what I described above.

Tramon expressed the need for veteran players at the end of the year, he is one guy who could really help out The Packers as an organization to free up more money to either bring back their own vet FA's or sign a couple UFA's who hit the market Tuesday.

Originally Posted by: buckeyepackfan 



I am not sure but I don't think a signing bonus can be pro rated any other way than equally over the length of the deal (or 5 year.) They could have made part of it a guaranteed roster bonus for this season or something like that to take some of the dead money out but it was listed as a SB so I think it has to be spread out equally.

I agree with you Williams. I think he restructures to lessen his cap impact.

I also agree with your earlier post about this being essentially a 2 year deal. We will be looking to restructure then just like we will with Williams this year. Convert some or all of the salary the SB and spread it out. I'm guessing the 2017 salary will become totally irrelevant.
Fan Shout
beast (12h) : 6 days
wpr (17-Apr) : 7 days
Zero2Cool (16-Apr) : sounds like Packers don't get good compensation, Jaire staying
dfosterf (16-Apr) : Nobody coming up with a keep, but at x amount
dfosterf (16-Apr) : Trade, cut or keep
dfosterf (16-Apr) : that from Jaire
dfosterf (16-Apr) : My guess is the Packers floated the concept of a reworked contract via his agent and agent got a f'
Zero2Cool (16-Apr) : Yes, and that is why I think Rob worded it how he did. Rather than say "agent"
dfosterf (16-Apr) : Same laws apply. Agent must present such an offer to Jaire. Cannot accept or reject without presenting it
Zero2Cool (16-Apr) : I'm thinking that is why Rob worded it how he did.
dfosterf (16-Apr) : The Packers can certainly still make the offer to the agent
dfosterf (16-Apr) : Laws of agency and definition of fiduciary responsibility
dfosterf (16-Apr) : Jaire is open to a reduced contract without Jaire's permission
dfosterf (16-Apr) : The agent would arguably violate the law if he were to tell the Packers
Zero2Cool (16-Apr) : That someone ... likely the agent.
Zero2Cool (16-Apr) : So, Jaire has not been offered nor rejected a pay reduction, but someone says he'd decline.
Zero2Cool (16-Apr) : Demovksy says t was direct communication with someone familiar with Jaire’s line of thinking at that moment.
Zero2Cool (16-Apr) : Demovsky just replied to me a bit ago. Jaire hasn't said it.
dfosterf (16-Apr) : Of course, that depends on the definition of "we"
dfosterf (16-Apr) : We have been told that they haven't because he wouldn't accept it. I submit we don't know that
dfosterf (16-Apr) : What is the downside in making a calculated reduced offer to Jaire?
Zero2Cool (15-Apr) : Packers are receiving interest in Jaire Alexander but a trade is not imminent
Zero2Cool (15-Apr) : Jalen Ramsey wants to be traded. He's never happy is he?
Zero2Cool (15-Apr) : two 1sts in 2022 and two 2nd's in 2023 and 2024
Zero2Cool (15-Apr) : Packers had fortunate last three drafts.
dfosterf (15-Apr) : I may have to move
dfosterf (15-Apr) : My wife just told the ancient Japanese sushi dude not enough rice under his fish
Zero2Cool (14-Apr) : I think a dozen is what I need
dfosterf (14-Apr) : Go fund me for this purpose just might work. A dozen nurses show up at 1265 to provide mental health assistance.
dfosterf (14-Apr) : Maybe send a crew of Angels to the Packers draft room on draft day.
Zero2Cool (14-Apr) : I am the Angel that gets visited.
dfosterf (14-Apr) : Visiting Angels has a pretty good reputation
Zero2Cool (14-Apr) : what
Martha Careful (14-Apr) : WINNING IT, not someone else losing it. The best victory though was re-uniting with his wife
Martha Careful (14-Apr) : The manner in which he won it was just amazing and wonderful. First blowing the lead then getting back, then blowing it. But ultimately
Zero2Cool (12-Apr) : I'm guessing since the thumb was broken, he wasn't feeling it.
dfosterf (10-Apr) : Looking for guidance. Not feeling the thumb.
Mucky Tundra (10-Apr) : If they knew about it or not
Mucky Tundra (10-Apr) : I don't recall that he did which is why I asked.
Zero2Cool (10-Apr) : Guessing they probably knew. Did he have cast or something on?
Mucky Tundra (10-Apr) : Did they know that at the time or was that something the realized afterwards?
Zero2Cool (9-Apr) : Van Ness played most of season with broken thumb
wpr (9-Apr) : yay
Zero2Cool (9-Apr) : Mark Murphy says Steelers likely to protect Packers game. Meaning, no Ireland
Zero2Cool (8-Apr) : Struggling to figure out what text editor options are needed and which are 'nice to have'
Mucky Tundra (8-Apr) : *CHOMP CHOMP CHOMP*
Zero2Cool (2-Apr) : WR who said he'd break Xavier Worthy 40 time...and ran slower than you
Mucky Tundra (2-Apr) : Who?
Zero2Cool (2-Apr) : Texas’ WR Isaiah Bond is scheduled to visit the Bills, Browns, Chiefs, Falcons, Packers and Titans starting next week.
Zero2Cool (2-Apr) : Spotting ball isn't changing, only measuring distance is, Which wasn't the issue.
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