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2022 Salary Cap Riddle/Thread/Discussion
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<blockquote data-quote="Deleted member 6794" data-source="post: 951784"><p>According to Over The Cap the Packers are currently $45.844 million over the cap. </p><p></p><p>I'm convinced the Packers will convert Rodgers' base salary in 2022 in a signing bonus with the cap hit spread out over five seasons, resulting in cap savings of $20.280 million for next season. In addition it seems like a done deal they will release Z, saving $15.281 million. The next no-brainer is to extend Alexander's contract by converting his fifth-year option salary into a signing bonus and spread it out over the next five seasons as well, saving another $9.8 million of cap space.</p><p></p><p>Those moves result in the team being $475K over the cap. They will need to make some additional moves to create more cap space to re-sign players, add the draft class and so on but it's possible to hold on to most players if they want to.</p><p></p><p></p><p></p><p></p><p></p><p>There's nothing the Packers can do about the prorated portion of Rodgers' contracts currently counting against their cap. That hit of $19.173 million will remain no matter what they agree on moving forward.</p><p></p><p></p><p></p><p>I don't see any reason to release Preston to re-sign him afterwards. They could approach him about taking a pay cut in that case as well.</p><p></p><p></p><p></p><p>It doesn't make sense to release Amos to bring him back afterwards as the move would result in an additional $3.246 million of dead money counting against their cap.</p></blockquote><p></p>
[QUOTE="Deleted member 6794, post: 951784"] According to Over The Cap the Packers are currently $45.844 million over the cap. I'm convinced the Packers will convert Rodgers' base salary in 2022 in a signing bonus with the cap hit spread out over five seasons, resulting in cap savings of $20.280 million for next season. In addition it seems like a done deal they will release Z, saving $15.281 million. The next no-brainer is to extend Alexander's contract by converting his fifth-year option salary into a signing bonus and spread it out over the next five seasons as well, saving another $9.8 million of cap space. Those moves result in the team being $475K over the cap. They will need to make some additional moves to create more cap space to re-sign players, add the draft class and so on but it's possible to hold on to most players if they want to. There's nothing the Packers can do about the prorated portion of Rodgers' contracts currently counting against their cap. That hit of $19.173 million will remain no matter what they agree on moving forward. I don't see any reason to release Preston to re-sign him afterwards. They could approach him about taking a pay cut in that case as well. It doesn't make sense to release Amos to bring him back afterwards as the move would result in an additional $3.246 million of dead money counting against their cap. [/QUOTE]
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