faba Posted March 25, 2008 Share Posted March 25, 2008 Favre hasn't filed paperwork Retired QB still figures in cap By TOM SILVERSTEIN tsilverstein@journalsentinel.com Posted: March 24, 2008 When quarterback Brett Favre turns in his retirement papers, the Green Bay Packers will strike $11.4 million from payroll and quite possibly lead the National Football League in available salary cap room. Packers Blog Favre's TDs Favre has not yet filed his official papers, however, and it's unclear when he will. His agent, James "Bus" Cook, said he had no idea where Favre was in the process of filing the paperwork that would finalize his retirement. General manager Ted Thompson, however, said he had no concerns about the fact the papers had not been filed and was letting Favre handle that at his own discretion. "We don't need the cap room," Thompson said of the delay. Indeed, they don't. As of last weekend, they were $24.3 million below the $116 million salary cap, just behind Tampa Bay ($32.3 million), Kansas City ($29 million) and Buffalo ($24.7 million). On Monday, free-agent linebacker Brandon Chillar's two-year, $6.3 million hit the books, costing the Packers about $3.15 million and leaving them about $21.15 million beneath the cap. When they add the total from Favre's retirement, they'll be $32.55 million below the cap, which would be just ahead of Tampa Bay were everything to stay the same. The Packers have nothing else warming on the free-agent burner and their next big payout will probably go to one of their own for a contract extension, so any changes between now and the draft will probably be minor. With three picks in the top 60 in the draft, the Packers will also have to allocate a good deal of money to rookies, but it won't make a big dent in their budget. Under Thompson, the Packers will probably always have a large salary cap cushion because he rarely overspends on any player. Between now and the end of the 2009 season, however, he'll have to address the contracts of future free agents Mark Tauscher, Brady Poppinga, Greg Jennings, Chad Clifton, Aaron Kampman, Ryan Pickett, Kabeer Gbaja-Biamila, Aaron Rodgers, Nick Collins, Daryn Colledge and Jason Spitz. Compared to teams like Arizona and Oakland, which both have less than $1 million in salary cap room, and Detroit, which has $1.2 million, the Packers are more than prepared to handle the near future. By the numbers: Chillar's two-year deal is loaded with incentives and escalators that depend on him being active and on the field. Officially, it is worth $6.3 million, but Chillar would have to meet every incentive to receive all of that money. The guaranteed portion of the contract is $1.55 million in the form of a $550,000 signing bonus and a $1 million roster bonus. Chillar's base salary for next season is $1.1 million. In addition to the $1 million roster bonus, he can make $18,750 for each game he appears next season, worth a total of $300,000 if he plays in 16 games. There are also $100,000 workout bonuses in both years of the deal. In addition, there is a play-time incentive and escalator that could earn him as much as $1 million. If he plays 65% of the defense's snaps, he'll earn $250,000 this year and have another $250,000 added to his base salary next year. If he plays in 70% of the snaps, the number goes up to $500,000. His base salary in 2009 is $1.35 million and there is another per-game roster bonus topping out at $300,000. Next in line: Apparently, the Packers didn't think that much of free-agent quarterback Quinn Gray. On Monday he signed a one-year, $645,000 deal with the Houston Texans, according to the Houston Chronicle. If the Packers had any interest in signing him, they would have offered a lot more. Gray visited the Packers, who are taking their time in finding a backup for Rodgers. Link to comment Share on other sites More sharing options...
BleedinGreenNC Posted March 25, 2008 Share Posted March 25, 2008 Maybe he comes back? Link to comment Share on other sites More sharing options...
Jedi_Jet1121 Posted March 25, 2008 Share Posted March 25, 2008 Maybe he comes back? He does not want to be in Green Bay i can just sense this ending very ugly. Farve your going to lose some good fans if you go somewhere else. Your a legend with a Ring no one sees you with another team just retire or stay at Green Bay Link to comment Share on other sites More sharing options...
MagicBizkit87 Posted March 25, 2008 Share Posted March 25, 2008 He does not want to be in Green Bay i can just sense this ending very ugly. Farve your going to lose some good fans if you go somewhere else. Your a legend with a Ring no one sees you with another team just retire or stay at Green Bay Would be kind of funny though, if he did ditch Green Bay... lol Link to comment Share on other sites More sharing options...
Irish Jet Posted March 25, 2008 Share Posted March 25, 2008 Jeez faba, get with the times. http://www.jetnation.com/forums/showthread.php?t=52530 Link to comment Share on other sites More sharing options...
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