Brit Pack Posted January 8 Share Posted January 8 If you keep Campbell for 2024, cutting him in 2025 is only marginally better at $4.5m cap saving. I would get rid now, get $3m cap saving and get him off the books. If we are keeping Campbell around for 2024 and 2025 we are committing $27m in cap and $19.6m in cash. I don't see the value with the play at all. Go out and bring a vet Levontae David, he might be old but he would be a great FA pick up. 1 Quote Link to comment Share on other sites More sharing options...
OzPackfan Posted January 8 Author Share Posted January 8 29 minutes ago, Brit Pack said: If you keep Campbell for 2024, cutting him in 2025 is only marginally better at $4.5m cap saving. I would get rid now, get $3m cap saving and get him off the books. If we are keeping Campbell around for 2024 and 2025 we are committing $27m in cap and $19.6m in cash. I don't see the value with the play at all. Go out and bring a vet Levontae David, he might be old but he would be a great FA pick up. The question re Campbell is do you make him a post June 1 designation and save 10.75m this year and 4.5m next year or do you do a normal cut and save 2.7m this year and 12.53m next year? 3 Quote Link to comment Share on other sites More sharing options...
Eternal Posted January 8 Share Posted January 8 I haven't been keeping up with the cap lately in terms of taking the hit from the previous years we went all in. Is 2025 the year we start to have some wiggle room? It's ashame we don't have more next year and take advantage of all these excellent 1st or 2nd year players before we have to extend some of them. Quote Link to comment Share on other sites More sharing options...
Mazrimiv Posted January 8 Share Posted January 8 6 hours ago, pgwingman said: Regarding your RB thoughts. If you Jones takes a $5m paycut like he did last offseason, would you keep him? If Dillon is willing to play for $5m a year, do you resign him? If Dillon is "willing" to play for 5M/Y? I don't imagine GB will be paying Dillon 5M/Y 1 Quote Link to comment Share on other sites More sharing options...
St Vince Posted January 8 Share Posted January 8 I'm happy Loves the guy but on the sobering side he's getting 50+M. It's gonna be hard to keep talent on this roster paying that kind of money. With Daniel Jones getting 45M, Love is getting more than 50. We finally get out from under Rodgers ridiculous contract and turn around and give Love even a bigger contract. 2024 might be the best shot at a SB before we pay Love. Quote Link to comment Share on other sites More sharing options...
OzPackfan Posted January 8 Author Share Posted January 8 14 minutes ago, Eternal said: I haven't been keeping up with the cap lately in terms of taking the hit from the previous years we went all in. Is 2025 the year we start to have some wiggle room? It's ashame we don't have more next year and take advantage of all these excellent 1st or 2nd year players before we have to extend some of them. When we extend Love and Clark the 2025 cap doesn't have as much wiggle room as many expect. It only looks good on OTC and Spotrac now because those deals haven't been done yet. 1 Quote Link to comment Share on other sites More sharing options...
squire12 Posted January 8 Share Posted January 8 11 minutes ago, OzPackfan said: When we extend Love and Clark the 2025 cap doesn't have as much wiggle room as many expect. It only looks good on OTC and Spotrac now because those deals haven't been done yet. the first few years of a Love extension will not be the big cap hits. GB can and very likely will structure it with bigger base salary in later years that will allow some flexibility 1 Quote Link to comment Share on other sites More sharing options...
OzPackfan Posted January 8 Author Share Posted January 8 2 minutes ago, squire12 said: the first few years of a Love extension will not be the big cap hits. GB can and very likely will structure it with bigger base salary in later years that will allow some flexibility The only way of doing that is a very high signing bonus or Option bonuses. I'm not sure that's the best option rather than doing what KC did with Mahomes where you have higher salaries that can be converted to signing bonus to create flexibility if needed. Quote Link to comment Share on other sites More sharing options...
squire12 Posted January 8 Share Posted January 8 (edited) 5 minutes ago, OzPackfan said: The only way of doing that is a very high signing bonus or Option bonuses. signing bonus is not moveable once it is paid. 5 minutes ago, OzPackfan said: I'm not sure that's the best option rather than doing what KC did with Mahomes where you have higher salaries that can be converted to signing bonus to create flexibility if needed. correct. so GB could go with a modest signing bonus and low base salary for the first few years or base salaries that are guaranteed at a later trigger date, but still allow them to be converted to signing bonus later Look at the burrow contract (https://www.spotrac.com/nfl/cincinnati-bengals/joe-burrow-47594/) cap hits of 2023 = $19M 2024 = $29M (with a $10M base and $11M option that allow some flexibility to move some into future years) Edited January 8 by squire12 Quote Link to comment Share on other sites More sharing options...
OzPackfan Posted January 8 Author Share Posted January 8 (edited) 30 minutes ago, squire12 said: signing bonus is not moveable once it is paid. correct. so GB could go with a modest signing bonus and low base salary for the first few years or base salaries that are guaranteed at a later trigger date, but still allow them to be converted to signing bonus later Look at the burrow contract (https://www.spotrac.com/nfl/cincinnati-bengals/joe-burrow-47594/) cap hits of 2023 = $19M 2024 = $29M (with a $10M base and $11M option that allow some flexibility to move some into future years) Difference between Love and Burrow is that Burrow got his deal with 2 existing years left on his contract whereas Love will only have 1 existing year. That extra existing year allowed them to have lower cap hits in 2023 and 2024. Love will likely get somewhere in the 46-48m range for at least 4 years (not sure the Packers do 10 years like Mahomes got). In terms of creating lower cap numbers, you have the following options (assuming he gets a 4-year extension worth 190m): High signing bonus with low yearly salaries for 2024 and 2025. For example: 90m signing bonus, 1.5m roster/workout bonuses, 1.5m salary in year 24 and 25 and 33m salary in 26,27 and 28. His cap charge for years 23 and 24 would be around the 22m and 23m mark. Low signing bonus, low yearly salaries for 2024 and 2025 and option Bonus in 2025. For example: 40m signing bonus, 1.5m roster/workout bonuses, 1.5m salary in year 24 and 25, 50m option bonus in 2025 and 33m salary in 26,27 and 28. His cap charge for years 24 and 25 would be around the 12m and 23m mark. Low signing bonus and High salaries for 2024-2027. For example: 40m signing bonus, 1.5m roster/workout bonuses, 1.5m salary in year 24 and 37m salary in 25,26, 27 and 28. His cap charge for years 24 and 25 would be around the 12m and 48m mark. Each option has it benefits but what the high salary option gives you every year is the option to convert salary to signing bonus if needed. This means that the flexibility can be achieved in the later years when it may be needed to sign some of these 1st and 2nd year players to new deals. Edited January 8 by OzPackfan . Quote Link to comment Share on other sites More sharing options...
squire12 Posted January 8 Share Posted January 8 12 minutes ago, OzPackfan said: Difference between Love and Burrow is that Burrow got his deal with 2 existing years left on his contract whereas Love will only have 1 existing year. That extra existing year allowed them to have lower cap hits in 2023 and 2024. Cincy was adding money onto a contract that already had a cap hit associated with it. if you structure the contract the same way adding the new money to 0 is less than adding new money to anything greater than 0 Quote Link to comment Share on other sites More sharing options...
Striker Posted January 8 Share Posted January 8 1 hour ago, St Vince said: I'm happy Loves the guy but on the sobering side he's getting 50+M. It's gonna be hard to keep talent on this roster paying that kind of money. With Daniel Jones getting 45M, Love is getting more than 50. We finally get out from under Rodgers ridiculous contract and turn around and give Love even a bigger contract. 2024 might be the best shot at a SB before we pay Love. The good thing is the cap will jump significantly these coming years. Expected to go up $15M in 2024 and estimated to take about $20M jumps each of the next two years after that so they could catch up quickly. Quote Link to comment Share on other sites More sharing options...
squire12 Posted January 8 Share Posted January 8 22 minutes ago, OzPackfan said: Difference between Love and Burrow is that Burrow got his deal with 2 existing years left on his contract whereas Love will only have 1 existing year. That extra existing year allowed them to have lower cap hits in 2023 and 2024. Love will likely get somewhere in the 46-48m range for at least 4 years (not sure the Packers do 10 years like Mahomes got). In terms of creating lower cap numbers, you have the following options (assuming he gets a 4-year extension worth 190m): High signing bonus with low yearly salaries for 2024 and 2025. For example: 90m signing bonus, 1.5m roster/workout bonuses, 1.5m salary in year 24 and 25 and 33m salary in 26,27 and 28. His cap charge for years 23 and 24 would be around the 22m and 23m mark. Low signing bonus, low yearly salaries for 2024 and 2025 and option Bonus in 2025. For example: 40m signing bonus, 1.5m roster/workout bonuses, 1.5m salary in year 24 and 25, 50m option bonus in 2025 and 33m salary in 26,27 and 28. His cap charge for years 24 and 25 would be around the 12m and 23m mark. Low signing bonus and High salaries for 2024-2027. For example: 40m signing bonus, 1.5m roster/workout bonuses, 1.5m salary in year 24 and 37m salary in 25,26, 27 and 28. His cap charge for years 24 and 25 would be around the 12m and 48m mark. Each option has it benefits but what the high salary option gives you every year is the option to convert salary to signing bonus if needed. This means that the flexibility can be achieved in the later years when it may be needed to sign some of these 1st and 2nd year players to new deals. Look at the Hurts contract if you want a similar number of years left on the contract. next 3 years of that deal cap hits 13.5 / 21.7 / 31.7 it is all in how the contract gets structured. Quote Link to comment Share on other sites More sharing options...
OzPackfan Posted January 8 Author Share Posted January 8 8 minutes ago, squire12 said: Cincy was adding money onto a contract that already had a cap hit associated with it. if you structure the contract the same way adding the new money to 0 is less than adding new money to anything greater than 0 Yes but it depends on how much money you want to add to that existing contract. Cincy had Burrow on a 5th year option so whilst they added money to that they were also able to reduce the base salary which offset the money they added Quote Link to comment Share on other sites More sharing options...
OzPackfan Posted January 8 Author Share Posted January 8 5 minutes ago, squire12 said: Look at the Hurts contract if you want a similar number of years left on the contract. next 3 years of that deal cap hits 13.5 / 21.7 / 31.7 it is all in how the contract gets structured. I don't like the Hurts deal structure whatsoever. Option bonuses like he has just lead to less and less flexibility if you want to get out of the deal and he has 4 void years also which just push part of the problem to the future years. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.