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Packers, Finley work out two-year contract

Lions Packers Football AP

With a potential franchise-tag fight over whether he’s a tight end or a receiver looming, Jermichael Finley and the Packers have come to terms on a new contract.

According to a league source, a two-year deal was finalized on Wednesday.  The contract has a total value of just under $15 million.

The average value of the deal — $7.5 million — roughly splits the difference between the tight end franchise tender of $5.4 million and the receiver franchise tender of $9.4 million.  And it gives Finley another crack at the open market in 2014, when the new TV money will have kicked in and driven up the salary cap.

In light of the new contract, the question of whether Finley is a tight end or a receiver won’t be as significant the next time Finley is due to hit the market.  Based on the 2013 cap number in Finley’s deal, a 120-percent increase would put the tender for Finley over $10 million.

The deal also gives the Packers protection against the possibility that Finley’s potential never will fully be fulfilled, due either to injuries or ineffectiveness.  Though Finley enjoyed the best season of his career in 2011, he generated only 767 receiving yards and eight touchdowns, and he has no Pro Bowl appearances.

But his unique skills create matchup problems.  Too fast to cover with a linebacker and too large to cover with a defensive back, Finley could have the same impact as Rob Gronkowski, if/when Finley puts it all together.

If Finley can do it in the next two years, he’ll be on the verge of free agency again — at a time when Gronkowski will either have been re-signed by the Patriots or limited by the franchise tag.

UPDATE 8:35 p.m. ET:  Finley confirms the deal on Twitter.  “It’s TRUE!” he writes.  “Thank you so much to the Packers organization, all of my fans, and my beautiful wife.”

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58 Responses to “Packers, Finley work out two-year contract”
  1. firerogergoodell says: Feb 22, 2012 8:19 PM

    Great news! Maybe he will drop the Packers out of another Super Bowl.

  2. dspears06 says: Feb 22, 2012 8:20 PM

    congrats to him, hes an incredible player

  3. firerogergoodell says: Feb 22, 2012 8:21 PM

    This contract would have been reported a couple minutes ago. However, Jermichael dropped the pen a couple times before he finally signed it.

  4. schmokes says: Feb 22, 2012 8:21 PM

    haha. You guys have been pushing “fight” between Finley and the Packers for months. And now when they agree to a contract, you still mention the “potential fight” that was looming….you guys are pathetic.

  5. katrinasafterbirth says: Feb 22, 2012 8:23 PM

    They can have this guy…chokes under pressure with all his drops.

  6. rpiotr01 says: Feb 22, 2012 8:26 PM

    Interesting GB went for a 2 year extension. Would think they’d want at least 3 years. Length alone makes this a great deal for Finley. He’ll be a UFA again at age 26 in the teeth of an off-season when the salary cap – and salary floor – are set to explode.

  7. kja22 says: Feb 22, 2012 8:28 PM

    Why would we want that giant chump!?!??!

  8. packerhq says: Feb 22, 2012 8:29 PM

    2 years is about right. Hopefully the deal is heavy the first year so if things go downhill it’s not a huge cap hit.

    Always good to get those deals done and over.

  9. smedley61 says: Feb 22, 2012 8:34 PM

    Good. This puts them in a position to franchise Flynn and get some picks.

  10. gwahknows says: Feb 22, 2012 8:35 PM

    Jermichael is 24. You all act like this guy will never make it in the league because he had 1 bad season. He will be great for the Packers. Go Pack.

  11. sterilizecromartie says: Feb 22, 2012 8:36 PM

    I wonder if his TDs will exceed his drops for a change.

  12. textexington says: Feb 22, 2012 8:40 PM

    Packers are gonna win Superbowl XLVII now. Write it down!!!

  13. judsonjr says: Feb 22, 2012 8:41 PM

    It’s a fair deal. Finley gets his money, and the Packers are not on the hook long term if he is a problem.

    I hate the drops, but remember how long the Packers struggled to get a TE that was any kind of deep threat in recent years. Basically the Pack had a couple years of Jackie Harris, and 1.5 with an older Keith Jackson.

    In the NFL you are going to pay 4-5M for a TE that catches 45 passes for 500 yards and a couple TDs. The alternatives are pay more for someone that can contribute more, or consistently churn young guys hoping to find a guy that’s a bargain. While you are burning through those young guys you’ll run through a lot of David Martins that seem to have the tools, but can only deliver 25 catches for 300 yards.

  14. sportsmeccabi says: Feb 22, 2012 8:43 PM

    He originally wanted 2 years, 20 million, but he dropped it.

  15. bmue42 says: Feb 22, 2012 8:43 PM

    solid for both partys

  16. der6495 says: Feb 22, 2012 8:45 PM

    “Nice catch ‘Hot Hands’!”

  17. bigshirk says: Feb 22, 2012 8:49 PM

    Finley should NOT be put in the same sentence as Gronk.

  18. shadowgm1 says: Feb 22, 2012 8:52 PM

    At least the end is near. D.J. Williams needs another season or so to overtake Mr. Brickpalms here. What good is being too fast for a cover linebacker when you can’t catch? I’m fine with it, but I seriously could have taken or left him, he’s not as pivotal to this offense as people think.

  19. vikescry1 says: Feb 22, 2012 8:53 PM

    Everyone talks about his drops but wish he played for thsrfe team….

  20. killface4prez says: Feb 22, 2012 8:54 PM

    Good move by the Packers. Yes, he’s not Gronk or Graham, but that could be said about every TE not named Gronk or Graham. He’s a big, fast TE who creates matchup nightmares, and if you don’t have one of those in the NFL these days, you’re dead in the water. They need him, drops and all.

  21. briggsweatbird says: Feb 22, 2012 8:55 PM

    Mehh.

  22. emaimo80 says: Feb 22, 2012 8:56 PM

    Don’t franchise flynn! Let my phins pick him up in free agency! I doubt anyone will be willing to give him the avg of the top 5 QBs plus a first and 3rd rounder.

  23. imaginesuperbowlwin says: Feb 22, 2012 8:58 PM

    I wonder if there is a disincentive clause for drops in his contract.

  24. deconjonesbitchslap says: Feb 22, 2012 9:05 PM

    2 years for a very young player, who supposedly has all the talent in the world?

    this merely means: we’ll give you one more year here, then we’ll trade you next year for higher pick if you keep dropping passes.

    i’ve never heard of a “young, rare talent” getting a 2 year deal.

    either the packers got lucky by not having to commit to a 6 to 8 year deal so they can save their franchise tag on Wells or Flynn, or they just don’t trust the guy.

  25. mrslay1 says: Feb 22, 2012 9:08 PM

    They wasted some money here. DJ Williams is ready now to do at least as good and only going to get better. That will not happen till he gets in the games and gets experence. He could already be a force in the league with some other team. I don’t understand this move.

  26. harrisbd99 says: Feb 22, 2012 9:17 PM

    Hopefully they can use the franchise tag on Wells.

  27. Little Earthquake says: Feb 22, 2012 9:23 PM

    $500,000 per drop.

  28. jimmysee says: Feb 22, 2012 9:24 PM

    So franchise Wells!

    One contract signed. Two problems solved!

  29. farvite says: Feb 22, 2012 9:27 PM

    Sweet, now they can tag Matt Flynn!!

  30. arlingtonassasin says: Feb 22, 2012 9:31 PM

    I bet Jermichael kept his shirt on after they were in the Superbowl….even after they WON IT.

  31. vikescry1 says: Feb 22, 2012 9:35 PM

    this was a smart move on both sides, and even with his drops he is worth it.

  32. LoCoSu@%s says: Feb 22, 2012 9:55 PM

    For all those hoping GB franchises Matt Flynn.
    It will cost $14.4 mil. I don’t see that happening.

  33. herlies says: Feb 22, 2012 10:05 PM

    2 year contracts are ideal for anyone who is not an already established “elite” QB.

    I’m sure Rodgers is happy.

  34. zaggs says: Feb 22, 2012 10:12 PM

    “Finley could have the same impact as Rob Gronkowski,”

    You mean dancing shirtless after choking in big games?

  35. leatherface2012 says: Feb 22, 2012 10:15 PM

    lot of money for hands of stone

  36. zaggs says: Feb 22, 2012 10:15 PM

    So he creates matchup problems eh? Jake Ballard of the Giants, not exactly a burner, had 160 less yards receiving and 4 less touchdowns in 2 less games and this was his first real year of playing.

  37. der6495 says: Feb 22, 2012 10:24 PM

    Franchise Flynn, trade Flynn to Dolphins. Just like Cassel to the Chiefs.

  38. claymath52 says: Feb 22, 2012 10:28 PM

    Nice… No more listening to Paul Allen (voice of the Vikings) drool over the radio about how good a move it would be for the Vikings to go after Finley. Not this time suckers!

  39. brewcrewfan54 says: Feb 22, 2012 10:55 PM

    Franchising Flynn is a terrible idea becaue there’s no guarantee of angood return for him. Then you have a bckup QB making more money than the league MVP. Yeah that will go over well.

  40. packfaninvikeland says: Feb 22, 2012 11:40 PM

    schmokes says:
    Feb 22, 2012 8:21 PM
    haha. You guys have been pushing “fight” between Finley and the Packers for months. And now when they agree to a contract, you still mention the “potential fight” that was looming….you guys are pathetic.

    Probably because Finley opened his mouth and complained week after week with little production to show for it. A two year contract for a guy basically just entering his prime? You don’t think there was anamosity at all. People would be pathetic to think otherwise. This contract is a back handed compliment. I still predict he will be traded. Honestly I hope he does!

  41. lavamachine says: Feb 22, 2012 11:40 PM

    Outstanding, if the Packer’s didn’t have Jennings, Jordy Nelson, James Jones, standout rookie Randall Cobb, TE deep with Crabtree, D.J Williams, and Ryan Taylor…..who is going to get 100 balls? Really….I’ll take 50 to 75 for each and watch defensive backs take a beating all day long.

    Nice Job Packer’s front office a beautiful thing when you have no greedy, or egotistical owner getting emotional and making bad calls. This was a great business decision in the best immediate interest of The Green Bay Packer’s.

    Probably the only way a non-major metropolitan city could have an elite NFL team and Facility? Come watch a game and you and who ever you come with are in for a treat! You can take that to the bank just like Finley! He will get nothing but better by the way.

  42. supersuckers3 says: Feb 22, 2012 11:47 PM

    brewcrewfan54 says:Feb 22, 2012 10:55 PM

    Franchising Flynn is a terrible idea becaue there’s no guarantee of angood return for him. Then you have a bckup QB making more money than the league MVP. Yeah that will go over well.
    —-
    If a underlying deal were to be imminent, franchising Flynn is brilliant. To be the best you have to think like the best son. You have to think like a chess player. Not a checkers player.

  43. effedinLA says: Feb 23, 2012 12:28 AM

    So how much money do you think Flynn will make because of that fluke game he had week 17?
    That must be one of the most profitable games ever played by a football player.

  44. orcheon says: Feb 23, 2012 1:09 AM

    Good move by the Packers. Yes, he’s not Gronk or Graham, but that could be said about every TE not named Gronk or Graham. He’s a big, fast TE who creates matchup nightmares, and if you don’t have one of those in the NFL these days, you’re dead in the water. They need him, drops and all.

    ———————————————–
    While I tend to agree that a big, fast TE is a great asset, you aren’t dead in the water without one. Don’t need to look too far back to find a champion that didn’t have one.

  45. shaggytoodle says: Feb 23, 2012 1:36 AM

    great deal

    TT may stretch here at times or in the draft, but he will NOT leave the Packers in worse shape than he recieved them in.

  46. farvite says: Feb 23, 2012 1:41 AM

    brewcrewfan54,

    No guarantee of trading Flynn? In this qb-starved League? U kidding??

  47. theghostoflombardi says: Feb 23, 2012 1:49 AM

    Franchising Flynn is NOT a terrible idea. The only necessary movement in order to make it work is that Clifton and Driver would either have to be cut or accept smaller contracts.

    Given that both of them will be making a lot more money than they deserve, this is a move we should be doing anyway.

    That allows TT to tag Flynn and trade him. What’s the worst that could happen? We could a 4th rounder instead of a 2nd or 3rd? It’s still better than letting him walk.

  48. johnnyb216 says: Feb 23, 2012 2:43 AM

    Franchising wells is an even worse idea since it would cost us over $8 million. No way TT will pay that to somebody who doesn’t even want to be there.

  49. plum13sec says: Feb 23, 2012 4:58 AM

    This kid is a stud. He still hasnt fully shown to anyone outside of the packers coaches what he can do. They know what they have. Now its time to show the world. Colts fan out

  50. judsonjr says: Feb 23, 2012 5:46 AM

    Yes Finley does create matchup problems. Ballard is good, but I don’t recall the Giants splitting him wide at the goalline to go 1:1 with a CB, which is probably Finley’s biggest asset.

    Ballard is also actually older than Finley.

    On the plus side, Ballard doesn’t have as big a mouth as Finley.

  51. purplecrowe says: Feb 23, 2012 6:58 AM

    @claymath52

    I haven’t listened to PA in a while, but all that talk kind of surprises me. I think Rudolph is going to surprise some folks this year, and the Vikes will be in good hands at TE. They have many, many more pressing needs than TE to fill. Rudolph performed admirably this past season in a limited rookie role, especially with the unsettled QB situation. Unlike Finley, the guy catches everything thrown his way, he had some amazing one-handed grabs this past season. Let Shiancoe go, and give Rudolph the extra targets (plus, he’s a better blocker) I know I’ll be ripped for this…but the Vikes have got a mini-Gronk in the making.

  52. garyman1 says: Feb 23, 2012 7:16 AM

    If I was the Pack, I would franchise NOBODY. None of the remaining free agents are worth what you would have to pay them.
    Resigning Finley is a good move although I’m not a big fan of 2 year deals…we’ll have to go through this again too soon.

  53. gb4mn0 says: Feb 23, 2012 7:27 AM

    This is a good move. They won 15 games so why throw the baby out with the bath water. Stand pat and work on getting the outside pass rusher needed to play opposite Matthews. The playoff game “hail Mary” clearly illustrated that.

  54. holdsteady76 says: Feb 23, 2012 10:18 AM

    Wonder if we will see him in those discount double choke commercials now.

  55. shadowgm1 says: Feb 23, 2012 12:34 PM

    garyman1 says:Feb 23, 2012 7:16 AM

    If I was the Pack, I would franchise NOBODY. None of the remaining free agents are worth what you would have to pay them.
    Resigning Finley is a good move although I’m not a big fan of 2 year deals…we’ll have to go through this again too soon.
    ________________________________________________

    You may not be too far off. They technically could agree with most of the major free agents now that dimwit here is out of the way. Wells could cause a bit of trouble, but he knows he already plays for a champ caliber squad and Spitz is long gone. It is, however, transition year to get a new young center in and show him the ropes. They could also agree to a one year deal with Flynn which is trade friendly, then deal him (would generate more interest for the Dolphins, Redskins or whomever if it means an exclusive negotiating deal vs. a free agent free for all – get the agent involved and assured they get the money they want and it can be done). Even between $8 or $12 million which is still under Rodgers’ $13 mil (through 2014). Trade Flynn to a team to further negotiate an extended contract with incentives – Thompson is happy because he controls the destination to anywhere but the NFL’s “black hole” in Minnesota which seems to be a real peeve for him (like it or not, they have a solid QB in Ponder but never seem to be satisfied and would maybe take a shot with a healthier cap number following the release of Steve Hutchinson and restructuring to make a run at him); Flynn gets a starting gig and guarantees. The tag is nice to talk about, but may not really be needed for either Flynn or Wells. Then restructure Driver, Clifton still has leverage due to Sherrod’s hideous leg injury but may be willing to restructure to get another shot at the top of the heap next season. Everyone else up for FA is better off leaving, so really it’s just down to two key players in Flynn and Wells.

    As far as Finley, I highly doubt we will be going through this again. He could be gone ambitiously as early as the draft in April or as late as preseason 2013. Either way, mandate WILL be finding it’s way downstairs for McCarthy to stop using Finley exclusively and start involving Williams and Taylor more in the system.

  56. claymath52 says: Feb 23, 2012 5:24 PM

    purplecrowe says:
    Feb 23, 2012 6:58 AM
    @claymath52

    I haven’t listened to PA in a while, but all that talk kind of surprises me. I think Rudolph is going to surprise some folks this year, and the Vikes will be in good hands at TE. They have many, many more pressing needs than TE to fill. Rudolph performed admirably this past season in a limited rookie role, especially with the unsettled QB situation. Unlike Finley, the guy catches everything thrown his way, he had some amazing one-handed grabs this past season. Let Shiancoe go, and give Rudolph the extra targets (plus, he’s a better blocker) I know I’ll be ripped for this…but the Vikes have got a mini-Gronk in the making.

    __________________________________

    Don’t worry. I will nominate you for Common Man’s proposterus statement contest…. :)

  57. shadowgm1 says: Feb 23, 2012 6:25 PM

    Actually, I’m with purplecrowe on the Rudolph sentiment. He is going to be a pain in the Green and Gold’s side for as long as they don’t screw up his contract. I could see Allen’s pompous windbag waxing philosophic on Finley to Minny in 2010, maybe 2011 up until Rudolph played. Also as a fellow Packer fan, I’m amused at the disregard for Ponder’s talent within our fanbase. Second best QB in the draft last season to Locker. Count on it.

  58. axespray says: Feb 23, 2012 6:47 PM

    love the 2009 version of Finley, the cris carter camp attending never drop a pass Finley…. That Finley > 2011 allergic to 3rd down plays finley.

    Let’s trade James Jones to the rams/browns, let driver retire a packer, make cobb the no.3, promote Tori up to the main roster, keep this train moving.

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