The Green Bay Packers have made a lot of good financial decisions with Ted Thompson at the helm, but they’ve also made some questionable ones.
Fortunately, the good have outnumbered the bad. As we told you yesterday, the Packers currently have just $100,000 in dead money on their salary cap. That’s money that comes from bonuses paid to players no longer with the team and it’s one of the lowest numbers in the NFL.
The Packers have resisted overpaying other team’s free agents. In some cases, they’ve resisted paying their own. The organization’s decisions to let Cullen Jenkins walk two seasons ago hurt their defensive line. The decision to replace Scott Wells with Jeff Saturday at center last year was a disaster. Greg Jennings will join that list of players drafted by the Packers to leave as free agents this offseason.
For the most part, however, the Packers have kept their own in house by signing them to contract extensions before they become free agents. A number of those moves look good, but as you’ll see, not all of them were on target.
The majority of these guys simply haven’t played up to their deal.