Packers To Place Nick Perry On IR· Page 3

beast
Select Member

6 years ago

Perry options:
1. Cut him and pay him 11 million not to play here. If we outright cut him we owe him 11 right away. If we designate it a June 1st cut then we pay him 11 over two years instead. Spreads it out but same total.
2. Keep him and pay him 22 next year
3. 34 over two
4. 43 over three.

Idk about you but id rather cut him for 11 than keep him for 43.

The above numbers were based on my memory of a breakdown of it I saw on twitter last night. There might be some inaccuracies.

Originally Posted by: gbguy20

I'd say the entire thing seems inaccurate... as it's mixing salary cap (a non-cash basis) with being paid (a cash basis). Meaning that $11 is effectively already paid cash wise (and might be in a 3rd party account or Nick Perry's bank account)... it just hasn't been accounted for yet because of the NFL accounting system.

Then the being paid basic is over $10 million off.

Perry's cash earnings over the rest of the contract.
2019: $11.0 million
2020: $10.6 million ($21.6 million for two years)
2021: $10.4 million (32.0 million for three years)

There is a huge difference accounting cap space and cold hard cash. And the cap follows the cash... not the cash following the cap.

beast
Select Member

6 years ago

#22

So the real question on Perry, for those of us who aren’t capilogists, is what could the Packers incrementally save (or more accurately spend on somebody else) by cutting Perry in the most judicious way? I am surmising from what I am reading the answer is $7.4 million.

As long as were on the topic, I’d be interested to know what that number is for Matthews, Graham, and Cobb as well.

Originally Posted by: KRK

Matthews and Cobb are FAs, so you can't cut them after this season (at least not until you resign them first)... and as veterans, isn't their contract guaranteed if they're on the roster week 1 or something?

Graham yearly cash
2019: $9 million
2020: $8 million ($17 million for two years)

Perry's cash earnings over the rest of the contract.
2019: $11.0 million
2020: $10.6 million ($21.6 million for two years)
2021: $10.4 million (32.0 million for three years)

There is a huge difference accounting cap space and cold hard cash. And the cap follows the cash... not the cash following the cap.

Originally Posted by: beast

nerdmann
Premier Member

6 years ago

#23

Originally Posted by: beast

Graham is fine. Cobb and Matthews' contracts are up, so we are out from under them. As for Perry, Gute will determine if he is worth bringing back. If they do, I would say bring him back as a DE.

“Winning is not a sometime thing, it is an all the time thing. You don't do things right once in a while…you do them right all the time.”

TheKanataThrilla
Veteran Member

6 years ago

#24

so at RG we are going to possibly waste a year on a guy who hasnt played a down in the league???. that is frigging crazy.

We need to spend $$ on PROVEN OL talent, not wishful thinking.

Originally Posted by: KRK

I don't agree with the approach, it just seems like the approach we were taking this year, which leads me to believe that it will be what we do again next offseason.

I have been of the opinion that adopting a Dallas philosophy of drafting OL to become the best in the league was a pretty great game plan when you have Aaron. Improve the run game and give Aaron time to torch the D is tough to beat. Unfortunately top OL become expensive.

RichMcGeorge
Rookie

6 years ago

#25

On March 9, 2017, Ted Thompson signed soon to be free agent Nick Perry who had averaged 4.7 sacks over 5 injury-plagued NFL seasons to a five year nearly $60,000,000 contract

In the following two seasons Perry had 8.5 sacks while missing 11 of 32 games.

Perry's cap hit will be a more than $14,000,000 in 2019 assuming he is on the team.

On March 10, 2017, Ted Thompson decided to move on from Jared Cook and pay more money to free agent Martellus Bennett who he signed to a 3 year $21,000,00 contract.

Bennett counted $4,200,000 against the cap this season despite the fact he did not play for the Packers.

It is sad that today it is hard to choose which of these contracts was worse for the Packers.

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