For all you Packers fans that were hoping for a big name free agent splash, Ted Thompson would like to introduce you to one Julius Peppers, a guy you might have seen around on the Bears and the Panthers before. Some of you (including a fair proportion of our dear commentors) will never be happy because Peppers has never played in a 3-4 scheme, no one really knows exactly what his role will be outside of rushing the passer, has a long injury history and he’s 34 with a motor that’s starting to get cold (you do know that experienced and old usually go hand in hand right?). Well if you want to know what the Packers are going to do with Peppers, this isn’t the article for you. What this article will be looking into is not how Peppers will fit on the field, but how Peppers fits in the Packers salary cap.
As I’ve mentioned before in my previous article, the media and fans often fixate on the total value of the contract, which is probably the least important piece of information. One only has to remember how Donovan McNabb’s 5-year $88 million contract with the Redskins turned out to be more $3.75 million which he actually earned. Ironically, this is also probably the best example to use for Pepper’s contract with the Packers.
Julius Pepper signs 3-year, $30 million contract with the Packers (courtesy of Over The Cap)
2014: $1 million base salary, $2.5 million prorated signing bonus
2015: $8.5 million base salary, $2.5 million prorated signing bonus, $1 million roster/workout bonus
2016: $7 million base salary, $2.5 million prorated signing bonus, $1 million roster/workout bonus