Depth at the wide receiver position has always been important GM Ted Thompson, and the surprise draft selections of WR Jordy Nelson and WR Randall Cobb in recent years is proof of it. So I'm not surprised that the Packers want to keep WR Greg Jennings, though his return might create a salary cap problem, but I'm a little surprised they didn't decide to use the franchise tag instead. They must be better masters of the cap then I gave them credit for and they probably view current cap room as more important than future space.
But in a surprise move, the Colts, who have a ton of salary cap room, went a little crazy:
It 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.
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