Packers Reportedly Sign Morgan Burnett To Contract Extension
NFL Network's Ian Rapoport has the initial numbers on the Packers' safeties contract extension.
By PackerAaron
#Packers S Morgan Burnett signed a 4-year extension worth $24.75M with $8.25M guarantees, I'm told. Back to this golf course in Mississippi.
— Ian Rapoport (@RapSheet) July 15, 2013
As was reported earlier, the Packers have been working on this for a bit. $8.25 million in guaranteed money on a four year deal for what the Packers see as an ascending player is just another example of general manager Ted Thompson locking core guys up before they hit the open market.
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Comments (22)
July 15, 2013 at 06:04 pm
Love the signing! Does anyone know how our salary cap looks now? And is their room to sign Shields and/or Ragi too?
July 15, 2013 at 09:04 pm
We should have approximately 11M in cap space. Depending how much is in this year cap.
July 15, 2013 at 06:04 pm
If these numbers are correct then this is a great deal for the Packer and Burnett. It's a lot less guaranteed money than I was expecting.
July 15, 2013 at 06:18 pm
His cap hit will depend on how much the signing bonus is. If a large part of the guaranteed money is in the form of a signing bonus, that portion of the cap hit would be amortized over the entirety of the contract. Assuming the $8.25 million is all in the form of a s.b. his cap hit should be around 6 million depending on workout and roster bonuses. A great value especially if Burnett has the breakout season I anticipate.
July 15, 2013 at 06:29 pm
Now that is a nice deal. Good job, TT.
July 15, 2013 at 06:52 pm
I saw on Yahoo that he didn't miss one play last year.
July 15, 2013 at 06:57 pm
It isn't comparable with what Collins made in his extension, for the matter, because Collins' rookie contract was 5 year long and he was coming off a 5th, pro bowl year.
But, for the sake of argument, Collins' deal was roughly the same ammount (U$23,4MI versus U$24,75MI), but with one year less (3 years vs 4).
One would have to do a very subjective interpretation in terms of what it represents given their respective times in their careers and their contract situation. Which I won't do.
July 15, 2013 at 08:27 pm
Collins signed a bigger contract because he was an elite impact player.... Burnett has only shown that he's good, not elite.
Go ahead ... Almost every point you're made thus far has been subjective interpretation. ... Why stop now?
July 15, 2013 at 11:30 pm
Crabby crabby crabby
July 16, 2013 at 07:52 am
solid-starter-or-better contracts are more a function of year and position than actual talent
July 16, 2013 at 07:53 am
its 5 years later. Taken to an extreme: Erik Walden's contract was bigger than the Reggie White deal!
July 16, 2013 at 09:38 am
You must be kidding. So Rodgers really isn't more talented than say Cutler, Sanchez, Freeman or a host of other NFL QBs. It's all a function of the year the contract was signed?
July 16, 2013 at 09:45 am
He did say "solid-starter-or-better contracts," which obviously wouldn't include Rodgers.
July 16, 2013 at 10:48 am
Sure wish that Rodgers was as good as Kaepernick. That guy has revolutionized the NFL! LOL
July 15, 2013 at 07:22 pm
I like the signing. He hasn't shown himself to be a flashy player or even a particularly big playmaker, but he is athletic and assignment sure.
To those who think those shouldn't qualify a player for such an extension, think back to some previous safeties we've had like Marquand Manuel and you'll remember why those qualities can be just as nice as a playmaker.
July 15, 2013 at 08:59 pm
Those contract dollars are right in line, 8 million per yr. Sounded crazy to me. Still shaking my head at the huge contract he gave A.J. Hawk a few years ago.
July 15, 2013 at 09:17 pm
Actually Burnett looks like it'll be average 5.5 - 6M. Thsts a steal!
July 15, 2013 at 09:28 pm
By my estimate the Packers have Burnett for another 5 yrs at just over 26M. Packers are BRILLIANT!
July 15, 2013 at 09:35 pm
That is why Thompson is one of the best in the business, and all Packer fans should truly be happy with what he does. He does do a remarkable job.
July 15, 2013 at 10:23 pm
One less thing to worry about. Decent deal for both sides.
As far as Finley, Raji or Shields it seems TT is content to let them play-out this season. Maybe they'd do something in-season.
I wouldn't mind if they extended JJ or Neal if the price was right.
July 15, 2013 at 11:32 pm
Other than for Hawk the price is always right!
July 15, 2013 at 11:55 pm
My guess is one of the 3 gets an extension during the season. WHo knows maybe even before, tho that seems unlikely.