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You are here: Home / Archives for Negotiated in contract

Negotiated in contract

Report: Packers working on restructuring Aaron Rodgers’ contract

· March 22, 2021 ·

Getty Images Packers quarterback Aaron Rodgers wants clarity on his future in Green Bay. The Packers could give him that clarity with a contract extension that guarantees him more money for more future seasons. It’s unclear whether they’re willing to give him that. Mike Silver reported on NFL Network that the Packers are working on restructuring Rodgers’ contract to free up cap space, but that it was unclear whether they would do so in such a way that can make Rodgers confident the Packers are committed to him beyond the 2021 season. Silver suggested that the Packers might want to keep open the possibility that they’d move on to Jordan Love in 2022 and not commit anything more to Rodgers beyond 2021 than they already have. Silver’s report was short on details about what kind of restructuring the Packers are seeking, but as noted by Jason Fitzgerald of OverTheCap.com , if the Packers just wanted a simple restructuring of Rodgers’ contract that converted some of this … [Read more...] about Report: Packers working on restructuring Aaron Rodgers’ contract

Report: Kyle Lowry negotiating next contract with Raptors, Heat, 76ers ahead of trade deadline

· March 23, 2021 ·

Coming off the Raptors’ 2019 NBA championship, Kyle Lowry reportedly threatened to hold out and demand a trade if Toronto didn’t give him a contract extension. Lowry – who got the extension – clearly has limited willingness to place sentimentality ahead of financial security. That extension will end this summer, and Lowry and the Raptors must again decide on his future. That process is reaching an inflection point with Thursday’s trade deadline. The Heat and 76ers are interested in Lowry . Toronto clearly has interest in keeping him . But Lowry’s expiring contract creates a complication – unless he assures a team he’d re-sign, which means understanding how much they’d offer. Brian Windhorst of ESPN : I was talking to a GM this morning, and he basically described it as this: Kyle Lowry’s free agency is happening right now. The expectation is that Kyle Lowry is going to have a new contract by the end of this week. It’s either going to be to stay in Toronto – … [Read more...] about Report: Kyle Lowry negotiating next contract with Raptors, Heat, 76ers ahead of trade deadline

Lakers, Dennis Schroder reportedly “far apart” in contract extension talks

· March 27, 2021 ·

Dennis Schroder has been up and down for the Lakers this year — but he’s been valuable to them. There are times when he has looked like the playoff Rondo the Lakers were hoping to get when adding him last offseason. There are other times when the shots aren’t falling and he has looked out of place on offense. His on-ball defense has been solid, and he’s averaging 15 points a game, but is shooting just 31.8% from three, and his 54.2 true shooting percentage is below league average. That said, the Laker offense is 6.5 per 100 possessions better when he is on the court this season. The Lakers like him, but also Schroder was part of the trade package for the Lakers to try and land Kyle Lowry . Schroder is a free agent this offseason and the Lakers could sign him to a contract extension now, but the sides are not close to a deal report Jovan Buha and Bill Oram of The Athletic . But sources said the sides remain far apart in extension negotiations, with Schröder, who is … [Read more...] about Lakers, Dennis Schroder reportedly “far apart” in contract extension talks

Report: Dennis Schroder rejected four-year, $84M contract extension from Lakers

· March 30, 2021 ·

Dennis Schroder and the Lakers are reportedly far apart on a contract extension . Schroder is eligible for a four-year extension with up to $83,328,000 in base salary. Because the bonus terms are in his current contract , an extension must contain incentives for: Playing 65 regular-season games, playing 50% of playoff games and reaching NBA Finals ($230,000-$270,000 annually, as negotiated) Playing 65 regular-season games, playing 50% of playoff games and winning championship ($230,000-$270,000 annually, as negotiated) An extension would also include incentives for making an All-Star team and an All-Defensive team, but those are far less relevant. So, Schroder’s largest-possible extension could be described as four years, $83,328,000. Or $91,968,000 if including all incentives. Or something between if including only some incentives. Brian Windhorst of ESPN : The maximum he can sign for is four years and 84 million if he totally maxes out what he’s able to do on … [Read more...] about Report: Dennis Schroder rejected four-year, $84M contract extension from Lakers

Cowboys agree to terms with Dak Prescott on new contract

· March 8, 2021 ·

We finally have an answer in another contract saga between the Dallas Cowboys and quarterback Dak Prescott . The Cowboys announced Monday evening that they agreed to terms on a new deal with Prescott. "The Dallas Cowboys agreed to terms on a new contract with quarterback Dak Prescott on Monday," the Cowboys said in a statement. "Further information and details will be released at a formal press announcement on Wednesday." According to a report by ESPN NFL insider Adam Schefter, the contract is four years and $160 million with $126 millions guaranteed. The first three years average an annual salary of $42 million. This move by the Cowboys has been a hot topic for quite some time, dating back to as far as last summer. In July of 2020, after months of negotiations, Dallas placed the franchise tag on Prescott for the 2020 season . That paid him a guaranteed $31.409 million for the season and bought both sides more time to reach a new agreement. And early in the 2020 season, … [Read more...] about Cowboys agree to terms with Dak Prescott on new contract

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