Packers Manipulate The Contracts of Adrian Amos And Mason Crosby (And Spend It on Kevin King)

Per Ollie Murray and confirmed by Overthecap.com, the Packers have added three void years to the contract of Adrian Amos and reduced his base salary from $4.9 million to his minimum of $990,000, a difference of $3.91M, and converted it to a signing bonus prorated over 5 years.  The team also prorated his $1.5 million roster bonus which had already converted and prorated over 2 years and are now prorating that amount over 5 years.  , and converting the whole amount to a signing bonus prorated over 5 years.  The move generates a total of $4.328 million in cap space, or $3.578 million more than reported on March 17 when the Packers converted his roster bonus.  It reduces Amos' cap number from $10.3 million to $5.972 million.  It increases his cap number in 2022 to $11.982 million.  [It should be noted that my numbers to not match OTC's numbers.]

Amos is not under contract for 2023 since his base salary is listed as zero, and his dead money charge in 2023 will be $3.246 million.  It is possible that the Packers will at some point want to retain Amos after the 2022 season.  That will have to be done in another negotiation next year.

The Packers also changed Mason Crosby's contract by adding 3 void years (his age 41 season).  The team reduced his base salary by $425,000 by converting it and his $1.25 million roster bonus to a signing bonus.  That results in his cap number decreasing from $4.5 million to $3.16 million, generating $1.34 million in cap space for 2021.  His 2022 cap number increases by $335,000 to $4.7 million.  He will be a free agent in 2023 with a dead money charge of $1,005,000.  

Altogether the two moves generates $4.918 million in cap space for 2021.

In my last article, I noted that the salary cap liabilities for 2022 are reaching alarming heights, and that rather than simple restructures that dump all of the cap into 2022, fans should expect the Packers to reach extensions with players to push the cap hits into 2022 but most of it beyond 2022 into 2023.  That is what these void years do, in effect.

The Packers still need at $4 million more to sign draft picks, the practice squad, 52nd and 53rd players and some operating cushion.  They will need even more to sign their own free agents of any outside free agents.  However, they do not need that money yet since those expenses will not be incurred for several months.  The Packers could sign free agents now if they choose to do so.

This also makes it appear that the Packers did not pay Crosby's roster bonus which had been due on March 20th.  If so, there was no reporting about that development.  It leaves open the possibility that the Packers did not pay Aaron Rodgers' roster bonus either.

 

UPDATE: Tom Pelissero reports that the Packers have signed Kevin King to a one-year deal worth $6 million.  Since I do not think the Packers have quite $6 million in cap space, the deal might have incentives or just a game active roster bonus, some of which would be not-likely-to-be-earned since he missed games last year.  So, it looks like the Packers generated just enough space to sign King and no extra, but keep tuned to CHTV for any more developments on that.  After all, now the Packers must generate at least $9 million more after signing King.

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Comments (59)

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PeteK's picture

March 23, 2021 at 02:49 pm

Little by little , we"re getting there. I believe the only available restructures left are Rodgers, Adams, and Lowry. As time goes on and the contract demands lessen; I would hope that we could sign a veteran CB like Butler or Sherman.

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Thegreatreynoldo's picture

March 23, 2021 at 11:19 am

No. Z is still in play. So are Rodgers (up to $9M), Turner (No idea - a few million), Davante ($4M to $9M) for an extension, and Lowry ($3.3M to $4.8M) for release, or pay cut (how about $2M?), and I refuse to bend my mind to a restructuring (about $2M) or a restructure with an extension (can't force myself to do the numbers on that).

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Thegreatreynoldo's picture

March 23, 2021 at 10:37 am

I note that OTC's own figures for Amos do not add up to what they list. I will not update the Packer Tracker until the reason for the discrepancy is clear.

Again, by adding the 3 void years to each contract, the Packers can prorate the signing bonuses by five years. 20% falls into 2021, 20% falls into 2022, and 60% falls into 2023. That is precisely what they needed to do: generate additional cap space without bloating the 2022 cap liabilities.

The Packers now are well under the cap, something in the area of $6M. They can spend that right away as long as they are sure they can generate more through other means. Amos and Crosby are tapped out now. Too bad, as we saw a lot of competent CBs get signed for $6M or less in the last few days. Perhaps they have their eye on a CB or a DL. No way to know.

More void years. Never thought I'd see the day.

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canadapacker's picture

March 23, 2021 at 10:39 am

Just spent a chunk of it on bringing back King.

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Thegreatreynoldo's picture

March 23, 2021 at 10:55 am

Not a chunk, exactly (as far as I can tell) all of it. They generated exactly what they needed.

Edit: Packers do not quite have $6M. Some talk that King's deal has incentives: they might just be roster bonuses and since he missed 5 games last year, that would bring his cap number down under $6M. Waiting for details on the deal.

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Crankbait's picture

March 23, 2021 at 05:23 pm

Why in the world would we want to bring back Kevin King?

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flackcatcher's picture

March 23, 2021 at 02:46 pm

I don't believe OTC numbers either. So much we don't know. Some of this is starting to clear. The future TV deal, maybe that's where Gute's strange optimism comes from. That and a Cap rebound in 2022 to take the edge off. Maybe, Maybe. (FWIW:My sister-in law the entertainment lawyer pointed out to me that the TV deal is 7 years with 4 opt-in years. She guesses that those could be the similar NFL void years used in player contracts. Interesting...)

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Thegreatreynoldo's picture

March 23, 2021 at 10:40 am

Packers signed - - - - - - Kevin King for $6M for one year!!!

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stockholder's picture

March 23, 2021 at 10:49 am

OH YEA.

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PeteK's picture

March 23, 2021 at 02:53 pm

hahaha

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Crankbait's picture

March 23, 2021 at 05:25 pm

Oh crap. He sucks.

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Crankbait's picture

March 23, 2021 at 05:25 pm

Oh crap. He sucks.

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Guam's picture

March 23, 2021 at 10:51 am

I am not surprised they resigned King, but am shocked at the amount. I wouldn't have thought he would command anywhere near that number. That fact that he signed for only one year tells me he wasn't in great demand.

That move also tells me they are reworking Rodgers contract (probably an extension) to free up the $10 million they need to sign their draft class and have some room to sign injury replacements in the 2021 season. I don' think they can get that much from either Z or Lowery.

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Thegreatreynoldo's picture

March 23, 2021 at 11:11 am

The thing that annoys me is that CBs I like better than King just signed for about that king of money: Awuzie ($7.5M), Troy Hill $4.5M), etc.

Edit: GB might have preferred the one-year deal. That does not increase the team's 2022 cap liabilities. Awuzie and Hill got multiple years. It also suggests that the Packers will still be interested in drafting CBs who can start in 2022 and hopefully in 2021. Maybe, anyway.

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Guam's picture

March 23, 2021 at 11:43 am

Like you, I think the one year deal signals a high draft pick at CB this year. Leatherhead has pointed out we need more depth at CB anyway and this deal gives that draft choice some time to develop before having to play opposite Jaire and get thrown at a lot.

While this is clearly a "prove it" contract for King, I think it also it is the final indictment of Pettine. I don't believe the Packer FO would give King this contract if they thought he was almost entirely responsible for the poor coverage in the NFCCG. It seems pretty clear to me that the FO and MLF thought Pettine should have had a safety deep over King during the NFCCG and let Jaire play on an island. Instead Pettine put King at risk with no help deep and it cost both of them (and the Packers).

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flackcatcher's picture

March 23, 2021 at 02:18 pm

Blaming Pettine is too easy for the NFC title game lost. That was a team effort across the board. The defensive failure's at the end of the half, and the offensive failure's in the fourth quarter when the defense had put Green Bay in a position to win. Pettine coached without a contract, if he had one would still be on the Green Bay coaching staff. Credit to him, he gave Gute an easy out. Signing King should not surprise anyone. In his last post season presser after the 49er lost, he made it clear that signing King was one of the Packer top priorities depending on his play. And do not think for a second that the Packer front office didn't go over the other top FA CB with a fine tooth come before signing King. While the Packers do prefer to sign their own, if there had been someone better for their system, King would be gone. Hard to find a good starting CB in this league, and in the Packers eyes he is one. (I wonder how much his cash bonus is, 3.5 million. If I only could shed 20 years and 20 pounds... :-0)

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Guam's picture

March 23, 2021 at 02:59 pm

Didn't say Pettine lost the NFCCG for the Packers. Just said that by firing Pettine and signing King, that the FO pretty clearly blames Pettine more than King for the defensive failures before the half. The outcome of the game was impacted by that pre-half failure, but not determined in whole by it.

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Coldworld's picture

March 23, 2021 at 05:52 pm

I agree with you on this. I confess I thought so at the time and still do. As to the deal, let’s see what the details are.

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flackcatcher's picture

March 23, 2021 at 08:14 pm

Only Gute knows, and he ain't talking. Let me be blunt here. The Lafleur-Pettine relationship had broken down. The timeout fiasco at the Colts was a direct pointer at MLF as he controlled the sideline. That the same damn thing happened at the end of half vs Tampa is downright insane. There is no excuse for that, Lafleur is the head coach. Talk with your DC and get it straighten out. The King signing has nothing to do with Pettine's leaving. This was strictly between the two men and the increasing friction as last season move on. I hope we see a more mature Matt Lafleur this season.

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Leatherhead's picture

March 23, 2021 at 11:08 am

Aaaaaaah hahahahahahahahhahahhahahahah.

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Thegreatreynoldo's picture

March 23, 2021 at 11:12 am

Some kind of karma, huh?

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Leatherhead's picture

March 23, 2021 at 11:23 am

As Buddha said, “when you realize how perfect everything is, you will throw your head back and laugh”,

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Archie's picture

March 23, 2021 at 10:45 am

Signing King for one year probably guarantees we draft at least one CB in rounds 1 and/or 2. Possibly round 3 too.

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Thegreatreynoldo's picture

March 23, 2021 at 10:47 am

Could be a slot CB now, but they probably would want someone who can play boundary and slot. Asante Samuel fits that bill. Newsome I think is more of a boundary guy? Any draftniks out there?

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Coldworld's picture

March 23, 2021 at 05:56 pm

King is a stop gap on a one year. The first pick needs to be for the boundary and ideally one we hope can surpass King during the season or if we have an injury.

Personally, I wouldn’t be shocked to see two boundry types and one s or two slots come out of this draft.

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Thegreatreynoldo's picture

March 23, 2021 at 06:33 pm

Fair. Come to think of it, GB could draft a boundary-only CB and move Jaire to the slot if they desired or injuries strike. Still, like the OL, being able to play both positions is a positive.

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Leatherhead's picture

March 23, 2021 at 11:44 am

CBs under contract:

Alexander
King
Sullivan
Jackson
Hollman

As noted earlier, we need more. A premium draft pick makes this a pretty decent unit. IMO, King is a one year band aid. Between King and Jackson, the Packers feel they can line up an experienced CB opposite of Alexander. We need an outside guy for depth today and to start next year.

Xxxxxxxxxxxxxx

Some CBs that could/should be available on Day Two:

The two Georgia guys, Campbell and Stokes.
The two Big Ten guys, Brown and Wade
The two West Coast guys, Molden and Adebo

Ifeatu Melifonwu. The more I learn about this guy, the more I like him. I’m close to saying “he’s my choice”, especially if I thought I could get him around #50.

Newsome or Samuel might fall to #29.

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PeteK's picture

March 23, 2021 at 11:48 am

A premium draft pick and one of the best to take away the top receiver, that's better than decent. I remember many years ago a Craig Newsome draft pick was just what the D needed to propels us into the eventual SB. Could history repeat itself. same size, name, and draft position, uncanny.

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flackcatcher's picture

March 23, 2021 at 01:50 pm

LH is just stating reality here. A lot of us are old school, who dislike that the NFL has turned into a passing league. (MLF likes Fullbacks, for that alone I'll give him a pass :-) This goes back to 2008, when the Packers under Dom Capers started playing Nickel full time, and went to Dime as their primary sub package. The rest of the league followed, and here we are. With the constant churn the Packers need to sign between 3-5DB every year. And that is even with changes to the defense and scheme that a new DC brings.

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PeteK's picture

March 23, 2021 at 02:59 pm

I'm old school also, and there might be a bit more balance in the future just to for a change to take advantage of a defense. However, the game is much more exciting now ;it's like the 3 pointer in basketball, a team is hardly ever out of it.

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albert999's picture

March 23, 2021 at 11:06 am

I would have paid 6 mil for someone to take him

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Leatherhead's picture

March 23, 2021 at 11:10 am

And that’s one of the reasons you don’t make millions for managing a business .

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albert999's picture

March 23, 2021 at 03:55 pm

How do u know plastic head

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Crankbait's picture

March 23, 2021 at 05:26 pm

Really, give reason why we should keep him?

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Thegreatreynoldo's picture

March 23, 2021 at 11:29 am

It's just a jump to the left, then a step to the riiiight. [I mangled the quote yesterday.]

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frankthefork's picture

March 23, 2021 at 11:54 am

I knew King would be back and all GB could afford other than drafting a couple Cb's, but I was thinking $3.5m not $6m...ouch, that's not E value ating talent/money properly! GPG, eventually and eternity playoff bound. At least we have a chance at a SB almost every year!

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PewAuKeeFan's picture

March 23, 2021 at 03:04 pm

"At least we have almost a chance at a SB every year".

There, corrected it for you :)

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Mojo's picture

March 23, 2021 at 12:07 pm

They should have signed King to a voidable contract starting in 2021.

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marpag1's picture

March 24, 2021 at 03:59 am

The King signing just reeks of "we need to buy one year so that the corner we draft in a few months can be ready to start."

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Fabio's picture

March 23, 2021 at 12:20 pm

As I have said on other occasions, the problem is not having little money to spend, but how and for whom you spend it.
Now I am waiting for someone who can justify 6ML for King !!!!
Gute is trying to blame AR (his contract) for his choices.
Instead, with the money spent on AJ and King, we certainly could have signed a first-rate CB FA or in any case I repeat:
1 - if Gute had drafted a WR instead of Love, this season we could have had a WR2 starter and we wouldn't have had to sign AJ again
2 - we could have tried to trade Preston with Gilmoure
3 - instead of re-signing AJ we could have invested the same money in MLB or helped Clark (it's time to go to Lowry).
With these 3 moves the great needs would have been covered WITH THE SAME MONEY SPENT SO FAR ..... the rest we could have done with the project. I am waiting for someone to tell me that A PARITY OF MONEY SPENT !!!! this team (with Gilmoure, a WR2 and help to Clark or MLB) is worse than the current one (with P. Smith, AL and KK)
I am really disappointed ........ also because with this it is certain that we will see AR playing for the last season (and as always it will be all on his shoulders)
BAD BAD BAD BAD
Greetings from Italy
Go Pack Go

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Fabio's picture

March 23, 2021 at 12:32 pm

for 6ML ????????

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Fabio's picture

March 23, 2021 at 01:05 pm

for 6 ML ?????

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Coldworld's picture

March 23, 2021 at 06:04 pm

I’m waiting to see what “up to 6 million” means. If it is incentive laden and he achieves them, it could be well worth it or prove a lot cheaper. May also not count as 6m against the cap.

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Rudedawg67's picture

March 23, 2021 at 01:17 pm

6 million too much. At the most 4 mil. His injury history is a big question mark.

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Crankbait's picture

March 23, 2021 at 05:28 pm

Not to mention his coverage and his tackling.

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MarkinMadison's picture

March 23, 2021 at 01:40 pm

I was hoping they would spend $6M on a cornerback NOT named Kevin King. His short-comings in the NFCCG were too much to take, to me. Pushes even more money into 2022, and for a guy who I just don't think is worth it. This one may haunt us.

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JQ's picture

March 23, 2021 at 01:55 pm

"...the deal might have incentives or just a game active roster bonus, some of which would be not-likely-to-be-earned since he missed games last year."

Solid theory TGR. If I'm recalling correctly, the guaranteed money is the big variable to look at when the details come out. My guess is we'll see an incentive-laden deal, with a potential earning of UP TO $6 million.

I'd be surprised and unhappy if the Packers paid King $6 million guaranteed money.

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Since'61's picture

March 23, 2021 at 02:03 pm

The idea of signing for $6 million is ridiculous because we still need a CB to start opposite Alexander. If King is our starter our opponents will just pick on him all game. We need to pick an Cb in the first or second round and hope that he can move into the starting role by mid-season. If we miss on a CB we're stuck with King and we know what that means.

Also if they're giving $6 million to King, imagine what we will need to pay to keep Alexander. Madness, madness. Thanks, Since '61

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stockholder's picture

March 23, 2021 at 02:19 pm

No - They will pick a part Sullivan first. Just like Stafford. Just like Brady. This defense couldn't stop Brady in the first 1/2. NOW GUTE CAN GO RD 1-4 WITH A CB. Instead of just rd. 1. You now can go 3 other ways or BPA. If they don't get Clark help it won't matter.

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Fabio's picture

March 23, 2021 at 03:50 pm

You mean we weren't able to find 3ML of space to cover Fuller's cost difference ???????
bad bad bad bad

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Fabio's picture

March 23, 2021 at 03:51 pm

You know how many things he could do in the draft then ...

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flackcatcher's picture

March 23, 2021 at 08:22 pm

QB, OT, WR and CB are making out like bandits. This league is soooo unbalance in pay scale. Madness indeed.

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nickyspec's picture

March 23, 2021 at 02:07 pm

What happened to Davanti Adams contract? Havent heard anything lately from the press on extending or restructuring.

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PewAuKeeFan's picture

March 23, 2021 at 02:58 pm

I'm from the "very unhappy with signing King" camp. Actually, that would be an understatement. King has had some good moments, but he has had much more Oops and Ugh! moments.

OK Tampa Bay, your 12th player is still on the team when (if) you play Green Bay this year. Must make you feel good that you only pay for 11 players to be on the field for you, but you have 12 to play for you.

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Thegreatreynoldo's picture

March 23, 2021 at 06:44 pm

From PFF, describing King as the 61st best free agent left:

King has disappointed during his four years in Green Bay — the former second-rounder's highest-graded season was a 62.7 mark in 2019. He blew up the NFL scouting combine, running a 4.43 40 and posting 98th-percentile agility drills at 6-foot-3, but that agility has not shown up on the field, as King is often knocked off balance by good route runners. King has struggled mightily in zone coverage, ranking dead last in coverage grade since entering the league, and he’s been one of the worst tacklers in the league over the last two years. King has the size and athleticism to be effective on the vertical route tree, but he’s a reclamation project who likely needs a specific, limited role on his new team.

Contract Analysis: King’s elite measurables and draft status (33rd overall pick in 2017) will certainly work in his favor this offseason, and that could be the best way for King and his representation to pitch him as an option to interested teams. He has yet to put everything together in the NFL, but a change of scenery could go a long way.

Prediction: One year, $3.5 million. $1.5 million fully guaranteed at signing.

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jeremyjjbrown's picture

March 23, 2021 at 06:52 pm

I fear this is like a Jimmy Graham and/or Dean Lowry deal. At least it's just one year.

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stockholder's picture

March 23, 2021 at 09:11 pm

How Kevin Kings signing just changed the Packers draft. !. CB is no longer a priority. 2 Defensive Line is. To get Barmore it will take a 1 and 3. (I'd keep both 4s.) If they miss on Barmore. A WR to replace Adams must be considered. The guy with the surest hands is T. Marshall.( If he stands on his 4.4 time. ) This is your [email protected] 29 T. Marshall LSU Wr , 62 D. Nixon DT Iowa ,92 Baron Browning ILB OSU ,135 Kary Vincent, slot CB LSU 142 Newsome WR/KR NC ,173 Trey Sermon RB ,178 ,Snowden OLB V. 214,Kendrick Green ILL.220, Cole Van Lanen. OT WI 256 Jamar Jefferson RB OS. Packers 1,2,3. Are very flippable now. Another CB can be inserted.

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Droski's picture

March 24, 2021 at 10:58 pm

Mark my words green bay will draft a corner in the 1st round. They'll draft a corner to sit and develop behind kevin king, hopefully he'll at least have great potential and towards the end of the season/playoffs he can take over as the #2 over King and be a little more consistent, but that's probably being too hopeful considering the playing time in the 1st year for our last two 1st round picks smh.

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NickPerry's picture

March 24, 2021 at 06:16 am

LOL.... WHAT else can you say?

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