Report: Packers offered Jennings $10 million annually nfl.com/news/story/0ap…But in a surprise move, the Colts, who have a ton of salary cap room, went a little crazy:
— NFL: AroundTheLeague (@NFL_ATL) March 13, 2013
New from JS: Erik Walden leaves Packers for big deal with Colts bit.ly/ZHk3TV #packersIt was reported that Walden received a four-year, $16 million contract. There's only two explanations for this move. First, Walden's best game of the season came against the Colts. Second, this is $16 million in pretend cap money, non-guaranteed dollars at the back end of the contract which Walden will never see. It wasn't reported how much of it was guaranteed and how much Walden should expect to earn in 2013. However, even it turns out he'll only make $1 or $2 million in 2013, they still paid too much. I was hoping the Packers wouldn't bring Walden back at any price.
— tom silverstein (@TomSilverstein) March 12, 2013