Josh Sitton’s Contract Details
By Max Ginsberg on Sep 06, 2011 with 6 Comments
The Green Bay Packers made the start of Josh Sitton’s Labor Day weekend a little sweeter by rewarding his hard work with a five-year contract extension. Bob McGinn of the Milwaukee Journal Sentinel has the details:
Sitton’s deal is worth $33.75 million in new money, including $8.9 million in guarantees.
His cap salaries are $4.896 million this year, $4.85 million in 2012, $5.55 million in 2013, $6.4 million in 2014, $6.75 million in 2015 and $6.6 million in 2016.
Sitton received a $6 million signing bonus and roster bonuses totaling $7.15 million. His roster bonuses are $2.9 million this year, $2.4 million in 2012, $650,000 in 2013 and $400,000 in 2014, 2015 and 2016.
His existing base salary of $1.2 million this year was lowered to $700,000, presumably for cap purposes. His base salaries will increase to $950,000 in 2012, $3.4 million in 2013, $4.5 million in 2014, $4.85 million in 2015 and $5.9 million in 2016.
Sitton also will receive a $300,000 workout bonus each year.
The extension locks up Sitton, a Pro Bowl alternate last season, until 2016. It also leaves the Packers with room to negotiate extensions for other key members of the team.
According to ProFootballTalk.com, the Packers were $12.8 million under the salary cap prior to Sitton’s new deal. Using McGinn’s numbers and my rough math, that leaves the team with approximately $8 million left to work with this season.
Whether or not general manager Ted Thompson chooses to spend that money, however, remains to be seen.
Filed Under: Packers News
TT will spend the money; on his own players.
With the new CBA I wonder if it is still possible for a team to move cap space from one year to the next using not likely to be earned incentives in a given players contract? They used this a couple years until the uncapped year ended the practice. If they can’t do this anymore I bet they spend right up to the brink … more extensions coming next year for Jennings, Masthay and maybe early deals for CM3 (expires 2013) and Rodgers (expires 2014).
Thank goodness there’s still some hapy union employess in WI.
(yeah, I know – no politics allowed here – good rule usually)
Sitton has a lot of feria now
Finley will want at least 6-7 mil… Jordy 1-2 mil… Then there’s Masthay and Wells we’ll have to lock up. We will need to restructure some deals (possibly Clifton’s, DD’s, Pickett’s?)
Russ Ball is the man. Simply the best person in the entire organization at his job. Resigned Sitton for a couple hundred K per year more than what Colledge got on the open market. Think about that for a second. It’s laughable.