Packers' big contract extensions won't put strain on salary cap
The Green Bay Packers had been saving up to splurge on their own and that they did with lavish contract extensions for Aaron Rodgers and Clay Matthews.
The Packers will pay the quarterback and outside linebacker $55.5 million in signing bonus money alone with the new contract that were completed this month. But the deals are not going to cripple the team when it comes to the salary cap, not right away anyway, according to Rob Demovsky of the Green Bay Press-Gazette.
According to the report, after Rodgers’ deal was calculate the team still has just more than $13.5 million in cap room for this season, way more than needed to sign the rookie class. Leftover cap money will be rolled into 2014 giving the club a small cushion to start with for next year.
Rodgers’ cap figure only jumped from $9.75 million to $12 million with his blockbuster extension. His cap number bumps up in 2014 but then it is relatively flat. There is no telling how far the players will make it into their respective contracts but the deals are unlikely to handcuff the organization.
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Brad Biggs covers the Bears for the Chicago Tribune