By not signing a one-day contract, Jordy Nelson could more easily unretire (in theory)

AP

Receiver Jordy Nelson started the day as a free agent. He continues to be a free agent.

His ceremonial retirement with the Packers did not include signing a meaningless one-day contract because, frankly, signing a one-day contract does have some meaning — more meaning actually than one share of Packers stock. (Cue the Packers shareholders who resent having the meaninglessness of their framed piece of memorabilia pointed out.)

By signing an actual one-day contract and retiring, a player lands on the reserve/retired list. The team holds his rights, and can control his rights. So if a team — like, say, the Bears, Lions, or Vikings — would need his services at some point this year, the Packers would have to release Nelson’s rights in order to allow the move to happen.

Even if Nelson currently has no interest in playing, there’s no reason to tie himself to the Packers because circumstances could change at some point between now and January. A truly retired player (like Patriots tight end Rob Gronkowski) has a Week 13 deadline for emerging from the reserve/retired list. Nelson, like any free agent, can sign with any team at any time, up to and including the week of the Super Bowl.

And even if the Packers would gladly release Nelson’s rights if/when he wants to play, he’d be required to pass through waivers if he’s released after the trade deadline. In 2002, the Chargers prevented Deion Sanders from climbing aboard the Raiders’ Super Bowl bandwagon by making a waivers claim when Washington released Deion from the reserve/retired list after the trade deadline.

So Nelson can ceremonially retire with the Packers and easily unretire whenever he wants, if ever he wants. For anyone who has yet to completely and totally slam the door on playing, that’s the way to do it.

41 responses to “By not signing a one-day contract, Jordy Nelson could more easily unretire (in theory)

  1. Maybe Spielman could offer him a fully-guaranteed contract. That’s what it would take to bring him to Minnesota, since even at this stage of his career he’s a better contributor than Kirk Cousins.

  2. Who said he isn’t signing a one day contract for sure? No official word on that.

    He couldn’t have signed yet because he hasn’t been in Green Bay to do so. Perhaps he is doing that Tuesday while he is in town. I don’t know that he is or isn’t going to be signing a one day contract. If you got that information from Tom Silverstein, I would wait until Tuesday and get official word on how this is being done.

    #GoPackGo!🏈

  3. LandOf10000MethLabs says:
    August 4, 2019 at 4:32 pm
    Maybe Spielman could offer him a fully-guaranteed contract. That’s what it would take to bring him to Minnesota, since even at this stage of his career he’s a better contributor than Kirk Cousins.
    —————————————

    The first post on a story about a well loved former Packer, Waffle has to comment about the current Viking quarterback that his team can’t beat. I know it’s frustrating that the Vikings own the Packers but show Nelson a little respect.

  4. There actually is meaning to a share certificate of Packer stock held by a fan. The organization shrewdly funded valuable capital improvements to the stadium with the proceeds, rather than levy exorbitant taxes on city/county residents; and, the certificate is tangible evidence of fan participation in the betterment of the brand, yes…as an “owner”. I think the stock “sales” were the perfect marriage of a publically-owned team need and the adoration of it’s fans. For the record, I’m a fan, but not a shareholder.

  5. People that actually own the stock understand EXACTLY what its work or means.

    It’s a lot better than dropping the money for a Randy Moss Raiders jersey or Joe Montana Xhiefs jersey etc. Fans have closets full of memorabilia that really haven’t aged well whereas Packer stock will ALWAYS be Packers stock.

  6. Packers shareholders do choose and vote on who gets on the board of directors. These votes are actually quite crucial to the operation and success of the franchise, but let’s just not talk about any of that because it doesn’t fit into the agenda here.

  7. There actually is meaning to a share certificate of Packer stock held by a fan. The organization shrewdly funded valuable capital improvements to the stadium with the proceeds, rather than levy exorbitant taxes on city/county residents
    _____
    Actually the packers did both.

    Why am I always in here explaining to Packer fans about their team?

  8. philcodean says:
    August 4, 2019 at 4:46 pm
    There actually is meaning to a share certificate of Packer stock held by a fan. The organization shrewdly funded valuable capital improvements to the stadium with the proceeds, rather than levy exorbitant taxes on city/county residents; and, the certificate is tangible evidence of fan participation in the betterment of the brand, yes…as an “owner”. I think the stock “sales” were the perfect marriage of a publically-owned team need and the adoration of it’s fans. For the record, I’m a fan, but not a shareholder.
    __________________________________

    LOL!!!!!!!!!!! so, the packer fans basically just wrote a check to the team. but sure let’s call it stock and call them shareholders. wouldn’t want any feelings to be hurt now would we.

  9. freefromwhatyouare says:
    August 4, 2019 at 6:08 pm
    Packers shareholders do choose and vote on who gets on the board of directors. These votes are actually quite crucial to the operation and success of the franchise, but let’s just not talk about any of that because it doesn’t fit into the agenda here.
    _______________________________________________________

    LOL!!!!! oh it’s so pathetic it’s just fun! you really need that validation don’t you? have fun shoveling the stadium!

  10. He still wants to play, and that is why he would not sign that one day contract. He is not playing because teams do not seem interested. May be it is because he is asking for too much money.

  11. It took me a while before I realized he was the dude in those travel commercials, driver seems pretty happy in the new one. I dont know why anyone would actually want to go there, but the commercials make it look nice.

  12. (Cue the Packers shareholders who resent having the meaninglessness of their framed piece of memorabilia pointed out.)

    Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

    I don’t resent it. It’s no different than any other souvenir (Legacy Bricks anyone?) There are 360,000 souvenir stock certificates around the world. Yes…….360,000. That’s not a typo.

    It’s so much more than a souvenir, because it enabled fans to help the team directly, and did not require non-fans to participate.

    Another in a long line of win-wins.

  13. Sooooooooooo, Jordy Nelson did not retire as a Packer. It’s more accurate to say that he announced his retirement while at the Packers facility.

  14. Sooooooooooo, Jordy Nelson did not retire as a Packer. It’s more accurate to say that he announced his retirement while at the Packers facility
    —–
    What a shabby place to make that announcement

  15. Jordy was and is a Green Bay Packer. He always will be a Green Bay Packer. Same as Brett, they took someone else’s money for a year or two.

    No disrespect to the Raiders or their fans intended here. They’re some of the finest in the NFL.

  16. freefromwhatyouare says:
    August 4, 2019 at 4:38 pm
    Who said he isn’t signing a one day contract for sure? No official word on that.

    He couldn’t have signed yet because he hasn’t been in Green Bay to do so. Perhaps he is doing that Tuesday while he is in town. I don’t know that he is or isn’t going to be signing a one day contract. If you got that information from Tom Silverstein, I would wait until Tuesday and get official word on how this is being done

    @@@@@@@@@@@@@

    Here is your official word. He did not sign a one day contract, he did not retire as a packer. You may cry yourself to sleep now.

  17. freefromcommonsense says

    Packers shareholders do choose and vote on who gets on the board of directors. These votes are actually quite crucial to the operation and success of the franchise, but let’s just not talk about any of that because it doesn’t fit into the agenda here.
    ###

    Assuming cellarperformance is correct and there are 360,000 fake stock owners with one share, that isn’t enough to have any bearing on the election of a board member.

    Why?

    Because there are literally millions of shares of real stock and that trumps the fake stock.

    I would expect a knowledgeable Packer fan to know this, but then you are freefromcommonsense…

  18. cheeseisfattening says:
    August 4, 2019 at 7:45 pm
    Sooooooooooo, Jordy Nelson did not retire as a Packer. It’s more accurate to say that he announced his retirement while at the Packers facility
    —–
    What a shabby place to make that announcement

    =========

    Missed the point. He wanted to retire a packer. He didn’t. I want to retire as a packer too. Now I can, since no contract is required.

  19. You can give a person knowledge, but you can’t make them think. Some people want to remain fools, only because the TRUTH requires change.

  20. usdiver96 says:
    August 4, 2019 at 6:14 pm
    Fact: that “meaningless” share of stock is worth more than all the Vikings Super Bowl trophies combined.

    ***

    Can you sell your stock for value?

  21. philcodean says:
    August 4, 2019 at 4:46 pm
    There actually is meaning to a share certificate of Packer stock held by a fan. The organization shrewdly funded valuable capital improvements to the stadium with the proceeds, rather than levy exorbitant taxes on city/county residents; and, the certificate is tangible evidence of fan participation in the betterment of the brand, yes…as an “owner”. I think the stock “sales”

    ————————————–

    While a half cent sales tax isn’t much, you can’t collect half a cent. So the Green Bay resident’s paid more. But don’t let facts get in the way of your faulty memories. What was it. .05 cents for 15 years. Not much, but still a tax.

  22. @gto driver: actually, 361,169 people (representing 5,009,562 shares) are owners of the franchise. Total. So in fact, each of those shares do have an actual stake, albeit small. During the 1997-98 stock same, the existing stock was divided on a 1000 to 1 split basis, effectively keeping the original shareholders as the majority stakeholders who have effective voting power, but all the shares are equally valuable in voting actions. Also, to protect against someone taking control of the team, the articles of incorporation prohibit any person from owning more than 200,000 shares. Since you want to
    nitpick and all…

  23. Lost in all of this, if you read the Rob Demovsky article (all the way to the end), is that he is coming to Green Bay on Tuesday for a press conference. Green Bay merely announced that he will retire a Packer – here is the actual text from their official website: “Former wide receiver Jordy Nelson, who played 10 seasons (2008-17) in Green Bay, has informed the club of his decision to retire with the Packers. The announcement was made Sunday by General Manager Brian Gutekunst.” There has been no ceremony – only an announcement. Until then, it’s pure conjecture if he is or is not actually signing a one day contract.

  24. While a half cent sales tax isn’t much, you can’t collect half a cent. So the Green Bay resident’s paid more. But don’t let facts get in the way of your faulty memories. What was it. .05 cents for 15 years. Not much, but still a tax.
    >>>>>>>>>><<<<<<<<<<<<
    Yes it was a tax,… 1/2 of a percent but not on food. Data showed that 30% of the tax revenue came from outside the area. The Packers generate a $155 mil/yr economic impact for local businesses, … and that's just for game days and preseason / training camp. And there's more. The stadium needed help. We own it. We fixed it. The team has invested even more than the tax revenue did. Way more.

  25. I’ve never understood the point of the one-day contract, then retiring. It doesn’t show up anywhere that you finished your career with a certain team, because you never PLAYED for that team.

    And by the sounds of it, it’s stupid to do so, because it ties you to that team, when you might not want to be tied to that team in the future, if you unretire.

  26. “Lots of outlets reported that he signed a one day contract, including ESPN.”

    ===========

    True, however, others are reporting that he *will be* inking a one-day contract. I know he hasn’t signed yet, because as I said above he has not been in Green Bay yet to do so. No one knows at this point whether he is or isn’t until Jordy speaks on his own retirement. Jordy is having a press conference Tuesday in Green Bay and I’m very sure all these questions will be answered by Jordy who is the only official word on this. Whatever way Jordy does it is fine by me and Jordy Nelson is already forever Green and Gold.

    In the meantime, let’s welcome the Houston Texans to TitleTown. Should be a fun few days here and ending with the preseason game Thursday night. I may start some new drama when I say that Matt LaFleur is not saying whether Aaron will play Thursday night. MLF said “We will see how much good work we get done in the days leading up to the preseason game and then see who plays or doesn’t.”

    It’s obviously not my decision, but I would prefer Aaron plays at least a series in every preseason game except the last one. I’m not big on putting QB’s in bubble wrap in August and expecting them to be fully sharp in early Sept. I’m quite aware that there is a lot accomplished in practice and in the meeting rooms, but there is nothing like live game action. I believe the QB getting some of that in the preseason is the best way to make sure this new offense is fully locked and loaded and ready to go on Sept. 5th vs. Chicago.

    #GoPackGo!🏈

  27. One of the more remarkable business stories in American history, the Green Bay Packers organization has been kept viable by its shareholders — its unselfish fans. Even more incredible, the Packers have survived and thrived during the current era, permeated by free agency and the NFL salary cap.
    Fans have supported the team financially through five stock sales: 1923, 1935, 1950, 1997 and 2011.
    Today, 361,169 people (representing 5,009,562 shares) are owners of the iconic franchise.
    The organization’s fifth stock offering, which ended Feb. 29, 2012, was a tremendous success with more than 250,000 new shareholders becoming owners. For the first time in a Packers stock offering, international sales in Canada were issued for a short while and accounted for approximately 2,000 shares.
    More than 269,000 shares were sold during the offering that began Dec. 6, 2011.
    All proceeds from the offering supported the expansion of Lambeau Field, a $146-million project that included a new distributed-audio sound system (2011), two new HD video boards and a new Bellin Health Gate on the north end of the stadium (2012), and approximately 7,000 additional seats in the south end zone served by the Shopko Gate (2013). To protect against someone taking control of the team, the articles of incorporation prohibit any person from owning more than 200,000 shares.

  28. 13worldchampioinships says:
    August 4, 2019 at 8:36 pm
    Can you sell your stock for value?
    Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

    Hard to know. I’ve never met anyone that wanted to sell theirs.

  29. I can see the usual suspects (Or is it just suspect?) have worked themselves into a full lather of bitterness and anger, once again.
    It’s so redundant and predictable, to the point of tedium.

    Whether it’s a retirement announcement, or a one day contract, who really cares?
    Tuesday’s just going to be another celebrated Championship Packer player, coming home to enjoy a little adulation, and a moment to reminisce about some amazing years here in Titletown.

    One thing we can all agree on is the simple fact that Jordy Nelson played an integral part in bringing home another Lombardi trophy.
    Where it always belongs.
    That’s something all the Viking players put together since ‘61 have been unable to achieve.
    Much to their fans ongoing avalanche of shame!
    Happy Football Day!!!

  30. What most Barneys and one sportswriter fail to understand, is that the the Packers decision to take the sale of the team public, saved professional football in Wisconsin.
    By incorporating the Green Bay Packers, they not only saved the team, but also insured that the Packers would never be gobbled up and moved by some faceless greedy owner.

    The Packers who’ve endured more than most teams, are, in fact, one of the smallest cities to call a professional sports team their own.
    It truly is one of the greatest underdog stories in sports.

    This team has survived:

    Prohibition.
    A Great Depression.
    A Horrific Surprise Attack.
    A World War.
    A Radical Generational Movement.
    Men on the Moon.
    The Economic Strife of the 70’s.
    Disco.
    Yuppies.
    The Berlin Wall.
    2 Shuttle Disasters.
    A Terrorist Attack on American Soil.
    And Damn near 30 years of waiting until I could finally purchase season tickets of my own.

    Yes, the Packers’ stock has gone the way of a fan’s souvenir today, (And a punchline to the less informed.) but it was a vital tool in allowing this team keep up with the deep pocketed owners during the tough economic times of the 20th century.
    And quite simply, the Green Bay Packers would have went the way of the Canton Bulldogs, or dozens of other now defunct teams, without it.
    Which makes those “meaningless pieces of paper” priceless to me.

  31. “What most Barneys and one sportswriter fail to understand”

    =========

    They understand just fine, but are upset and quite jealous over the truth and reality. That always come across loud and clear.

    Also, don’t be afraid to call the “sportswriter in question here a Barney. He knows what he is and knows exactly what he is doing.👌

    #GoPackGo!🏈

  32. stellarperformance says:
    August 5, 2019 at 8:20 am
    13worldchampioinships says:
    August 4, 2019 at 8:36 pm
    Can you sell your stock for value?
    Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

    Hard to know. I’ve never met anyone that wanted to sell theirs.
    ————-
    Check online they are selling for about eighteen bucks today.
    😥👎#badreturnoninvestment

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