The NFL Sets RFA Tender Amounts

The NFL announced the tender amounts for RFAs.  The Packers have six players who are RFAs: Tonyan, Sullivan, Lancaster, Redmond, Greene, Boyle and Nickerson.  Only Nickerson was a drafted player, having been selected in the sixth round.  The offer has to be for the greater of 110 percent of the player's 2020 base salary or the following amounts:

Tender Amount Compensation
First Round $4.766M Acquiring Team's own first round pick.  Packers can match an offer sheet.
Second Round $3.384M Acquring Team's own second round pick.  Packer can match.
Original Round $2.183M Same round as the player was selected.  Packers can match.
Rt. of 1st Refusal $2.133M No compensation, just the right to match the offer sheet.

Only Nickerson was drafted, so the Packers could put an original round tender on him which would net a sixth rounder if another team made an offer the Packers decided not to match.  There is a rule about upgraded tenders for drafted players, but it need not concern Packers' fans this year.  

The tenders have to be made by the start of the new league year.  The tender amount immediately counts against the salary cap,  For example, the Packers are about $9.4 million over the salary cap limit at present.  If they placed a second round tender on Tonyan, they would be $12.124 million over the cap limit ($9.4M + $3.384M - $660K for the 51st player's cap number who is pushed out of the top 51 contracts).  Generally, the draft compensation is made in the same league year.  If a team made an successfule offer for Tonyan, the Packers would receive a second round draft pick in the 2021 draft in this scenario.   

Players who have been tendered can be traded regardless of whether the player has signed the tender.  For example, Miami placed a second round tender on Wes Welker many years ago and New England ended up trading a second and a seventh round pick for Welker.  After the tender is made if  another team reaches agreement with the player on a contract, when the player signs that contract is becomes an offer sheet.  A player can only sign one offer sheet.  The tendering team has five days to decide whether to match the offer sheet.  They can still trade the player.

A team may withdraw a tender before it is signed.  In that case, the player immediately becomes an unrestricted free agent and the team gets back its cap space immediately.  Tenders are not guaranteed.  Even if the player signs the tender, the team can release him and again get its cap space returned immediately.

Teams can make offers to tendered players until April 23.  The tendering team then would have 5 days to match or trade the player.  In a case of such a late offer sheet, the tendering team would want to make its decision quickly since it must signal its intention not to match an offer sheet more than 48 hours prior to the draft in order to receive its draft compensation in the same league year.  Teams that wait too long won't get any draft compensation until the 2022 draft. 

The tendering team has to match all Principal Terms exactly.  What constitutes principal terms is too long to summarize briefly but it includes base salary, signing and roster bonuses, workout and game active roster bonuses.  Items like an agreement not to franchise tag the player or trade a player and the like do not usually have to be matched.  If a team matches an offer sheet, it cannot alter the principal terms until the next league year, at which time the team and the player can negotiate new terms.

Teams can reach contracts with their own RFAs.  The contract usually is for one year but it can be long-term.  The Packers reached a one-year deal with Geronimo Allison under which they paid less than the tender amount but guaranteed some of his money.   

Tonyan:  I would use the second-round tender on him.  He is too important to the offense and there is not enough behind him.  I might be willing to accept the 33rd pick in the draft for Tonyan, but not the 64th pick.  Where that line should be drawn is a matter of opinion.  One could look at which teams have late second-round picks to see if they need help at tight end and then look to see if they have the cap space to make it difficult for the Packers to match an offer.  That is Russ Ball work.  Some in the media have suggested using a first-round tender and others have suggested the right of first refusal.  I'd vote for a second.  I also am not sure of Tonyan's long-term value.  The Packers might do well to offer him a long-term deal.  I do not think offering to guarantee some of his money in a one-year deal would work: Tonyan knows he is going to make the team and if he gets hurt during camp the Packers have to pay him.  He is not a vested veteran though.

Sullivan:  He was essentially a starter.  He regressed but was not terrible and there is no obvious internal replacement.  In a normal year I would tender him at the second round.  Defensive backs who essentially start even if they are not as good as one would like are still worth $3.384 million in general.  But it is not a normal year.  Tendering Sullivan (and Tonyan) would put the Packers close to $15 million over the cap again.  The most I can see offering is the right of first refusal, and I would prefer the Packers to reach a one year deal with him for less while guaranteeing several hundreds of thousands of dollars of his salary.

Lancaster:  See Sullivan.  He is not great, but he is good depth.  Reach a deal with $400K guaranteed.

Greene:  There is no question in my mind that the Packers are better with Greene on the field.  He is a pretty good tackler for his size.  He is pretty good in coverage.  He has played 43, 70, and 324 snaps in his first three seasons, respectively.  The Packers should sign him for a year for something under $1.5 million and just a small amount, perhaps $100,000, guaranteed.

Boyle:  Love fans think Boyle should be allowed to walk.  I do not.  The decision to tender or reach some kind of agreement for a year or two has to be made now, not during training camp when the front office and coaches can assess Love.  The Packers should reach a one or two year deal with a couple of hundred thousand guaranteed and perhaps for about $1.3 million AAV or so.

Redmond:  He played 270 and 340 snaps in the last two years.  He is okay as a backup free safety.  He should not play hybrid.  There might be an internal replacement for him on the team.  Unless the coaches assurances about Black or Scott, etc., I think the Packers should give him a deal similar to Boyle's.

Nickerson:  There is nothing to base an opinion upon.  If the Packers want him back it should be for the veteran minimum.

The Packers will have to make at least an initial decision about what to do with these players by March 17.  Honest, things will start to happen soon!

 

 

 

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Comments (23)

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Bear's picture

March 12, 2021 at 04:22 pm

Nice report.

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Thegreatreynoldo's picture

March 12, 2021 at 04:25 pm

Thank you. But don't you want to know the rules on "upgraded" draft picks? We should be so lucky as to need to know those rules.

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Bear's picture

March 12, 2021 at 04:48 pm

No, just why the Packers waited to the 17th round to pick Bart Starr.

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Thegreatreynoldo's picture

March 12, 2021 at 04:23 pm

I chose to use a photo of Chandon Sullivan. Robert Tonyan is probably the most important decision, but Sullivan is close and he is far trickier.

While I was writing this article PackerAaron published the piece on the Packers' decision not to tender Boyle. Fine, but that does not mean they can't sign him for less than the tender amount, which is what I suggested in this article. It depends on Love and what the coaches really think about him (I hope, and not ego). There is only one way to find out how the rest of the NFL values Boyle.

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Lphill's picture

March 12, 2021 at 05:59 pm

Amos and P Smith restructured , no numbers released yet.

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Thegreatreynoldo's picture

March 12, 2021 at 06:25 pm

Amos restructured his $1.5M roster to save $750,000 per Huber but other numbers are floating around. I have an article written but waiting for the correct number.

These are coming too fast. I thought the Packers would wait for legal tampering to see what the market is for UFAs. It makes me depressed that they are moving this fast because I think it means they are going to do the least possible and not be aggressive at all.

How the heck do they know how much they need!!!!
How the heck do they know how much might be great to have??????

I am going to have a meltdown.

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Thegreatreynoldo's picture

March 12, 2021 at 06:29 pm

dear lord,

Per Silverstein, they are lowering Preston's cap number. It needs to be biiiig!

meltdown coming if it is puny and it isn't a pay cut rather than converting money, or not part of a trade.

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flackcatcher's picture

March 12, 2021 at 07:30 pm

Breathe in (pause) Breathe out... Relax, this is to be expected. Did Smith also restructure his contract language along with his salary? This is just the beginning for a lot of veterans like P. Smith. Remember Lane Taylor signed for the veteran's minimum just as camp opened last year. This Cap is creating havoc on all sides, no one on either side escapes.

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CoachDino's picture

March 12, 2021 at 06:11 pm

Good stuff, really appreciate the groundwork you included.

I wouldn't tender any of them. Not even close.

Who is going to give up a 2nd rd pick for Sullivan or Tonyan?

That said it's a gamble as I agree with your assessment of depth/need/leverage.

I must not understand how it works as I really can't see anyone giving up their 2nd rd pick for tonyan. He's avg and will be bad on a bad team and good on a good team but never great. We just saw his ceiling IMO. The money isn't a bad deal for the Packers he's worth it but it's the darn cap situation. Heck, maybe they should sign him as I have no clue where Jace is and w/o him who else? JD would need to pull double duty.

If the Packers still think in this day and age they can get away with Chad Sullivan as your Slot DB against the higher level teams they missed out on a learning opportunity. He's good enough to be the 2nd slot guy but not your #1. Plus there's plenty of affordable options for slot DBs at affordable prices due to the lower Market Value for Slor vs Outside Cb's

Either way great article, has me more confused now than I was before, hope the Packers have a clear idea on what to do.

Jace and Jackson not developing has forced this issue. Gute's process looks good but he missed on Jackson and Jace has been somewhat of a hardship story.

ps.. I think you changed my mind on Tonyan the more I think it through. Andy Herman claims he has inside information that the packs not happy with Jace, if true then there would be more cause to tag him.

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Thegreatreynoldo's picture

March 12, 2021 at 06:19 pm

Dear Lord: something I wrote changed someone's mind! This is the internet, that upsets all my notions of the how this works.

Seriously, thanks for reading and thinking along. I don't mind if you clobber my takes on things, or agree.

Tonyan for me depends on where in round two the team is. 33? ok but it is hard to find decent starting TEs. There might be 15 in the entire NFL. GB spent the 75th pick on Jace. Not looking good.

Lovett was released with an injury. For now, he saves $120K. If it is serious he can make an injury protection claim later for his entire $780K salary. Kirksey too, but he just signed with another team so the Packers can't get hit with an injury protection claim next January.

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CoachDino's picture

March 12, 2021 at 09:46 pm

For sure, you do a great job of just laying out the most pertinent information possible within parameters. I really appreciate it. Your "in the round position" point is dead on as well. I wish us fans would do the same when considering the Packers draft position over the years.

Sullivan is not bad and can be a starter, exactly to your point, but the team should realize who the guys you can get by with are vs the guys you want out there in prime time (playoffs/best teams/toughest matchups). Chandon to me is fine, until he isn't, type player. Same as King, Turner (at least at LT) and Patrick to an extent.

Just like Tonyan on offense, if you have talent around him he is most likely to thrive, Could you imagine him as a prime option required to get open w/o scheme? That;s why I don't think anyone should spend a 2nd rd on him BUT on the Packers he fits the need very well and is certainly worth 2-3 mil if your option is a rookie cause Jace is hurt or not executing.

If They have better ilb coverage, better rush, more favorable 3rd down distance it will certainly help Chandon.

Thanks for the effort~~

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Thegreatreynoldo's picture

March 12, 2021 at 06:33 pm

Sullivan is tricky. Not worth the 2nd round tender, but he played 729 snaps for a 13-3 team. How bad could he have been? GB is losing King, can it lose Sullivan as well? Need 5 starting DBs and a couple of decent backups. My counting kind of stops at 3.

Tricky.

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JohnnyLogan's picture

March 12, 2021 at 06:57 pm

I know we don't have the numbers yet, but can you explain the P, Smith situation, please? His cap being lowered does that mean a bigger cap hit next year or can we just cut him? Aren't there better places to spend money than on Smith? Franchising Jones at $8 million, or even $11 would have seemed a better investment. Tampa Bay franchised Godwin. The Bears franchised Robinson. We let a huge piece of our offense go and keep a guy who played poorly with Gary waiting to replace him? Makes little sense.

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Thegreatreynoldo's picture

March 12, 2021 at 07:38 pm

Check the Salary Cap and Player Tracker. I wrote a comment and Jersey Al will update it soon.

Essentially Preston took an $8M pay cut. Might as well keep him since that was his cap savings number. Next year his dead money decreases to $4M from the $8M it would have been this year. EDIT: No his dead money increases from $4M to $7.25M. Not great but still less than the $8M dead to cut him this year.

He started to look better late. Need 3 OLBs in case of injury and because Preston drops into coverage. The Gary fans will be concerned that Preston will still get more snaps the Rashan does.

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NickPerry's picture

March 12, 2021 at 07:26 pm

Just read this on another site...Don't HOW true it is...

Updated 2021 Green Bay Packers Salary Cap
Moves:
Restructured - Adrian Amos (S) - Saves $750K
Waived - John Lovett (FB) - Saves $120K
Pay Cut - Preston Smith (Edge) - Saves $7.25M

Cap:
Top 51 Space: -$1,270,223

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Thegreatreynoldo's picture

March 13, 2021 at 01:45 pm

The info is good as gold. Just say it's from Ken Ingalls.

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Packer_Fan's picture

March 12, 2021 at 08:10 pm

You guys are missing the Preston Smith story. Way to go Gute! You are keeping a good player and getting cap costs down. Now, Gute extend Adams, Restructure Z Smith and Rodgers to get over 20 mil below the cap. The sign a DL and a CB. YES!!

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Thegreatreynoldo's picture

March 12, 2021 at 08:50 pm

The Preston story is on the Salary Cap and Player Tracker article. I agree that since GB got almost as much cap relief and get to keep him as they would have had they just released him (depending on how that $4.4M sack incentive works), that's a win-win. The cost is Preston's cap number for 2022 increased from $16.5M to $19.75M and his 2022 dead money charge increased from $4M to $7.25M.

Who knows, we might get the 2019 Preston, and having some depth (no injuries really at OLB lately) is also a good thing.

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stockholder's picture

March 12, 2021 at 09:51 pm

I think Ball had more to do with this then Gute.

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CoachDino's picture

March 15, 2021 at 01:14 pm

Depends what is meant by do with it. Ball isn't doing anything unless Gute says so, but youre right Ball is the one with the cap moves once they say they have interest in keeping him at the right price.

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PeteK's picture

March 13, 2021 at 09:56 am

Is it baseball season yet ?

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Since'61's picture

March 13, 2021 at 10:15 am

TGR, another excellent job! Thank you for all of your hard work to bring us this information. Great job! Thanks, Since '61

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Thegreatreynoldo's picture

March 13, 2021 at 07:13 pm

Tom Silverstein reports that as part of Preston's restructure, the Packers reduced Preston's 2022 base salary by $3M and moved it to a roster bonus due on the 3rd day of the new league year. The rest of the restructure increased P. Smith's cap number in 2022 to $19.75M and increased his dead money from $4M to $7.25M,

That means the Packers will have to decide whether to commit to Preston early, in mid-March, before the crazy money in free agency subsides and well before the draft. Nor can they wait for the draft.

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