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Financial Hit if Brett retires...

Discussion in 'Packer Fan Forum' started by Chamuko, Apr 12, 2006.

  1. Chamuko

    Chamuko Cheesehead

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    ESPN calls it a FINANCIAL DISASTER FOR THE PACK

    "In some ways, Favre's retirement could be a financial disaster, but not in the way you would think. With his $3 million roster bonus and $7 million in salary, Favre would make $10 million this year if he plays. The Packers would save $10 million of cash if he doesn't, but that's not necessarily a good thing. They currently have a payroll of around $76 million, but that doesn't include draft choices or any other free agent signings. Not having Favre would take the payroll down to $66 million. With the new collective bargaining agreement, teams must have a minimum cash payroll of $85.5 million, meaning the Packers would have to spend $19.5 million just to make the minimum. With 218 of the 351 free agents already off the market with signed contracts, what would the Packers do with the extra $10 million from Favre. There aren't enough good players to buy at that price. "

    Maybe TT will be finned by the NFL for managing the first team not to meet the minimum cash payroll.....
     
  2. greenbegas

    greenbegas Cheesehead

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    Yeah, Plummer, Woodson, Arrington wouldnt speak to that 10 mil... What are you talking about?
     
  3. greenbegas

    greenbegas Cheesehead

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    Yeah, Plummer, Woodson, Arrington wouldnt speak to that 10 mil... What are you talking about?
     
  4. Chamuko

    Chamuko Cheesehead

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    Sorry already posted !!!!!

    I didnt say it it is an ESPN article by John Clayton !!!!
     
  5. Robin Yount

    Robin Yount Cheesehead

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    greenbegas,

    We need to sign those guys first. Last I checked none were sporting the beloved Green and Gold.
     
  6. gopackgo4

    gopackgo4 Cheesehead

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    I dont really understand
     

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