The full Jordy Nelson breakdown

AP

Packers receiver Jordy Nelson, after signing a team-friendly deal in 2011, wanted to make $10 million per year on his extension.  Here’s every dollar he’ll potentially make through 2018, per a source with knowledge of the terms.

Nelson’s $11.5 million signing bonus is the only guaranteed money, but it’s the best kind of guaranteed money.  It’s cash up front.  No other portion of the deal is guaranteed, fully or partially.  With a cap charge of $2.3 million spread over each of the five years Nelson is under contract, the potential acceleration probably gives him at least two years of security.

There’s no security in annual roster bonuses of $31,250 per game.  It ties $500,000 per year — $2.5 million in all — to Nelson’s ability to play, week-in and week-out.  If, for example, he misses four games like he did in 2012, $125,000 disappears.

The contract also carries healthy workout bonuses of $500,000 per year from 2015 through 2018.  It’s easy money, as long as he shows up for enough sessions of the offseason program.

The base salaries are $2 million, $1.3 million, $5.5 million, $8.25 million, and $9.25 million from 2014 through 2018.  The cap numbers in those years are $5.925 million, $4.6 million, $8.8 million, $11.55 million, and $12.55 million.

Very affordable for the first two years, Nelson will move toward a higher cap ground in 2016.  Come 2017, when only $4.6 million in unallocated bonus dollars will remain and the cap number goes past $10 million, Nelson could be looking at a potential pay cut or a cap-reducing extension, based on his performance level at the time.

So it’s almost definitely a two-year commitment from the team.  Probably at least three.  After 2016, it all depends on whether his anticipated value in 2017 and 2018 justifies the larger salaries and cap numbers.

46 responses to “The full Jordy Nelson breakdown

  1. Wow. This guy signs some seriously team-friendly deals. I respect that. At the same time, though, he’s not doing himself any favors if he gets seriously hurt.

  2. It was a perfect win/win situation. Both sides (obviously) are happy with the numbers. Just like the Peppers deal. Not much guaranteed, put up or shut up.

    Just wish NBA and MLB had these kind of contracts.

  3. Jordy grew up in Podunk Kansas. With that signing bonus alone he’s set. He’s not going to be in clubs lighting hundred $ bills. Good job Jordy. Beast.

  4. Jordy Nelson wants to stay in Green Bay. Everyone who’s ever played in Green Bay wants to stay there, because this franchise has an amazing history, a trophy case bursting at the seams with championships, and the most loyal and knowledgeable fan base in the NFL. In other words, we are the anti-Vikings.

  5. This is a scary contract from the Jordy’s point of view. He could easily be a cap casualty when he is in his low 30’s.

    That being said, this should give the Packers the flexibility to sign Cobb to a long extension.

  6. $11,500,000 is nothing to sneeze at, even after taxes. The Packers have a history of paying out these contract to productive players, even if the fan base may not agree.

  7. Jordy already said he had more money than he’d ever be able to spend. He still works at the family farm in the offseason. He’s not your typical football player and I love him for it.

  8. $11 million up front isn’t player-friendly? I’m guessing many people here haven’t been handed $11 million cash. He’s received millions to date AND now millions more.
    I wonder if he’s going to survive….

  9. This is a very good recap that gives the real scoop and the real-world impact to the player and the team, rather than the “bazillion dollars!!” sound-bites that the NFL (and NFL teams) love to perpetuate. In this case it sounds pretty reasonable for both player and team.

  10. Even after his last team friendly contract he said he has more than enough money that he can spend. He loves Green Bay and isn’t one of the diva receivers dotted throughout the league who just needed to make 1 dollar more than the next guy. Just wish there were more guys like him.

  11. I like Jordy but when you hit 30 you better be Jerry Rice like to get the big bucks he did. He’s already starting to break down a little and his speed is subsiding. You don’t give a guy like this 10 mil. You trade him for picks Ted, and get those young studs you just drafted a chance.
    TT is too sentimental. He gave the farm, the entire farm away on Mathews who has had one great season and the rest average and may not be looked at as a bust if he misses another 5 games this year.

  12. Not doing himself any favors? Give me or anyone else on this site the signing bonus and we ride off into the sunset a very happy camper. How do you even spend the signing bonus during the rest of your life. He maybe could have gotten more, and he is definitely the least greedy player in the NFL right now, but he will die with a huge bank account regardless.

  13. He got an $11.5M signing bonus. I would say that he got paid, even though he has to pay taxes on it, unlike Finley with his $10M insurance policy.

  14. Lets all remember that if the players made reasonable salaries, and the owners made a reasonable profit, the tickets and beer prices would also be reasonable, so someone besides law firms and corporations could afford to take their kids and clients to the games. Lets be real, CEO’s, corporate executives and Wall street types are the only ones making seven figure salaries.

  15. immafubared says:
    Jul 31, 2014 9:00 AM

    I like Jordy but when you hit 30 you better be Jerry Rice like to get the big bucks he did. He’s already starting to break down a little and his speed is subsiding. You don’t give a guy like this 10 mil. You trade him for picks Ted, and get those young studs you just drafted a chance.
    TT is too sentimental. He gave the farm, the entire farm away on Mathews who has had one great season and the rest average and may not be looked at as a bust if he misses another 5 games this year

    Just when you think the posts cant get any more delusional. Everything you said is a complete lie!
    Starting to break down, speed subsiding, TT sentimental, Matthews only 1 good season, potential bust? There is not 1 bit of truth you can put to any of these ridiculous points you made if so please do because I need another laugh

    I will keep posting because nothing I am saying is against the rules. I ask him to prove just that simple!

  16. WOW. I just read an article about the Vikings QB’s splitting reps that generated 70+ replies. 3/4th of which were trolling packer fans…

    Good signing for Jordy and the Packers, from a Vikings fan.

  17. The cap number does get kinda steep in later years of the contract. But I don’t think that would be a problem that couldn’t be solved with a contract restructure/renegotiation down the line. And Jordy Nelson has shown the kind of loyalty to this organization that I don’t see that being a problem. Being a Kansas “farm boy”, he is much loved and appreciated in Green Bay as they share those same values and ‘old school’ work ethic…

  18. Since A-Rodg and Nelson will take up a big chunk of the cap and they won’t ahve much money in the next few years, the Packers FO has begun negotiations with the local McDonald’s in preparation of a Lacy extension.

  19. Glad the Pack will have Nelson for the next several years.
    And I hope Viking fans enjoy their last year with Peterson. I really do.

  20. crownofthehelmet says:
    Jul 31, 2014 2:15 PM

    Since A-Rodg and Nelson will take up a big chunk of the cap and they won’t ahve much money in the next few years, the Packers FO has begun negotiations with the local McDonald’s in preparation of a Lacy extension

    Just because your steelers have been in cap dumping mode for 3 playoffless seasons doesn’t mean you have any clue regarding the Packers salary cap because if you did you would know just how ridiculous what you said is! There really isn’t a better team in cap management than the Packers in that every year we have the least dead money, top 5 in cap space, and never having to restructure ANY contracts unlike Fat Ben who is what going to make about 26 mil after 3 restructures..

  21. The Vikings would LOVE to go one and done in the postseason. For the Packers, it’s a travesty. For the Vikings, it’s Mardi Gras.

  22. When was the last time Green Bay got “throttled” in the playoffs?

    Last year, with a team kept together with duct tape and popsicle sticks, they were one fumble-fingered interception away from knocking off San Francisco.

    Throttled is getting beaten 41-0 in the postseason. Kinda makes one ask if a team that gets beaten that badly in the playoffs should have been in the first place, doesn’t it? Was that one of the years the Vikings won the division? Big whoop.

  23. I think Ted should chage the Packer contracts to read “there is a second round to the playoffs!!! Try get there!!!!. by this, they might acutally be motivated to win a playoff game instead of the anual January melt down party.

  24. “Playing in the NFL in January. Don’t knock it until you’ve done it.”

    A motto you will never see in Minnesota.

  25. Nelson could well be gone after 2-3 years.

    Good as he has been over the years, his best days are behind him, that much is sure. Production will start to decline- starting this year.

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