Rodgers Reworks deal, takes $33 million cut, and creates $33 million of cap room for Jets.

[billsfan89]

Just now, JoPoy88 said:

thanks - yeah I’m surprised a little that they did this already but it was inevitable. 

 

I think for Rodgers it was a show of good faith and to maybe get players he is with now to commit to this as a 2-3 year window instead of a one-and-done type deal. 

[78thealltimegreat]

His cap hit is 107 million next year. This is just kicking the can down the road. 

[PonyBoy]

Clearing out space for Touchdown Jesus Kumerow his favorite! 😃

[JoPoy88]

2 minutes ago, 78thealltimegreat said:

His cap hit is 107 million next year. This is just kicking the can down the road. 

Well yeah. That’s why they did this they assume they have a little window here with Rodgers for 2 years so that’s what they’re going to do obviously.

[Bleedingreennc]

21 minutes ago, 78thealltimegreat said:

His cap hit is 107 million next year. This is just kicking the can down the road. 

Umm, no its not.

[Simon Says]

Over two years, right. 

[Virgil]

Did he actually give up money?  From my understanding, most of the money on the contract was ballooned crap for cap purposes.

[unbillievable]

They lost cap space for this year.

 

This contract just means he plans to play for the Jets for at least 2 years and possibly 4 more years.

[K D]

Ownership is going to instead funnel the money through his company TB24... Oh wait, that was the Pats and Brady

[NoSaint]

1 hour ago, BillsShredder83 said:

thats a lot of dough.... who they getting? cause thats not safety net- in season $$

can always carry over to next year. Flexibility is good for them either way.

[Buffalo Boy]

1 hour ago, WotAGuy said:

We’ll pay you the 33 mill once you retire, wink, wink - say no more, say no more”

“A nudge is as good as a wink to a blind man.”

[Augie]

Nobody panic!

 

We can punt on third down.

[BananaB]

36 minutes ago, Virgil said:

Did he actually give up money?  From my understanding, most of the money on the contract was ballooned crap for cap purposes.

He’s definitely getting paid under the table. 

[BillsFan4]

1 hour ago, Virgil said:

Did he actually give up money?  From my understanding, most of the money on the contract was ballooned crap for cap purposes.

I had the same thought but It seems like he did actually give up guaranteed money, at least according to the ESPN article.

 

Quote

Rodgers, 39, signed a two-year, $75 million contract that is fully guaranteed, a source said. He was due to make close to $110 million in guarantees on his previous contract. This is an uncommonly large pay cut, one that will provide financial flexibility for the organization over the next two years.

If this is accurate, it’s very unlike Rodgers. He squeezed Green Bay for every penny. I’d be kind of pissed if I were a packers fan.

[Matt_In_NH]

Diggs turn for a pay cut. 

[JerseyBills]

2 hours ago, BillsShredder83 said:

thats a lot of dough.... who they getting? cause thats not safety net- in season $$

It's moreso next year , he'll still have a huge cap hit

1 hour ago, BananaB said:

He’s definitely getting paid under the table. 

Always wondered if this happens.  I mean you can just have a b.s LLC send said player x amount of dollars or transfer funds to a family member or agent

[ngbills]

23 minutes ago, JerseyBills said:

 

Always wondered if this happens.  I mean you can just have a b.s LLC send said player x amount of dollars or transfer funds to a family member or agent

Win in NY and he will have $100m’s in endorsements and other deals now and after he retires. That money will be much more than what he is giving up in this $35m. 

[MasterStrategist]

23 minutes ago, JerseyBills said:

It's moreso next year , he'll still have a huge cap hit

Always wondered if this happens.  I mean you can just have a b.s LLC send said player x amount of dollars or transfer funds to a family member or agent

Alot of people to keep quiet/tax records/etc.

 

The NFL would come down hard on any team "cheating the cap", wouldn't surprise me if it included titles/season revoked, future drafts or cap room penalized, etc.

 

Too many risks and we'd have the next Dan Snyder on our hands.

[78thealltimegreat]

3 hours ago, Bleedingreennc said:

Umm, no it’s not.

Well until he took his 35 million dollar pay cut he was 

[Ridgewaycynic2013]

Are you sure Rodgers did that for the Jets benefit...I heard he said "Send it to Saquon, with my complements.  The NFL needs marquee RBs!"

😁😇