Charles Woodson Open to Renegotiating His Deal

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Charles Woodson

Charles Woodson

If no news is good news, then the news for Green Bay Packers safety Charles Woodson is good so far.

The Packers have a decision to make on Woodson’s future. He’s 37 and will count nearly $10 million against the salary cap in 2013.

Although he’s still a valuable contributor, it’s hard to justify paying him that much money. So do the Packers keep him at his current salary, release him outright or renegotiate his contract?

Woodson’s agent, Carl Poston, says he believes Woodson will be with the team in 2013. More importantly, Poston suggested Woodson would be open to the renegotiating his deal, and frankly, he may not have another choice if he wants to finish his career in Green Bay.

“They haven’t said anything to the contrary,” he said, “so we’re assuming he’s going to be back.”

“There’s always a tradeoff. I’m sure there’s something we could work out if there’s more guaranteed money in the deal.”

Reworking Woodson’s contract seems to be the obvious solution. The Packers don’t have a clear-cut replacement on the roster, but they can ill afford to pay Woodson $10 million. There are several contract extensions the Packers need to work on, including Aaron Rodgers‘ and Clay Matthews‘.

The Packers’ hand won’t be forced until training camp. On the first day of camp, Woodson’s $6.5 million base salary kicks in and he also gets a $2.5 million bonus.

Of course, if the Packers want to participate in free agency — which, as always, is unlikely — they may have to make a decision sooner. The Packers are currently only $7.1 million under the cap.

About The Author

Monty McMahon is one of the founders of Total Packers. He is probably the most famous graduate of UW-Oshkosh next to Jim Gantner.

15 Comments on "Charles Woodson Open to Renegotiating His Deal"

  1. mxz600

    Poston said something positive regarding Woodsons contract. “i’m sure something could be worked out”….but then added..”if there is more guaranteed money in the deal.”……..Let me say this…We all love Charles and his ball hawking skills and leadership. But now the business side….Woodson got paid over 11 million this last season, and produced 1 interception, and 7 passes defended. Not exactly a good return on investment. Casey Hayward had 6 interceptions, and 21 passes defended, he will cost the Packers 540k next season…..It should be noted…Opposing QB’s had a 23.5 passer rating when throwing to Casey Haywards coverage…This man is the real deal. In a business sense, it makes no sense, to pay Woodson his kind of money, at his age, and his current production, especially missing 9 games last season. Now, some will argue, Woodsons worth now, is his leadership…..That’s fine, i agree with that. If thats the case, hire him on as a secondary coach, and none of his salary goes against the cap.

    • Phatgzus

      Woodson also had a fumbled force, and the GB defense was much better against the run when Chuck played. You can’t get 7 INTs every year, even Rod Woodson had “down” years in that metric.

      Chuck is also better than the alternative of M.D. Jennings, who is solid, but is still honing his game.

    • GBslacker

      mxz600,

      I agree with you. I’ve seen the downside to having a player of his age on the team: he was unavailable for much of the season, while still showing up on payday. Yet people clamor for his return, as if he’ll be the player he was 4 or 5 years ago.

      This is a scary time of the season when “big” fans act like kids at Halloween: they keep grabbing and grabbing.

      You can’t:
      –keep all of your old favorites, and
      –make a big splash in free agency, and
      –expect “home-town” discounts, and
      –move up in the draft.

      This team gave up big points and big yards in the playoffs in 3 of the last 4 seasons. Sure, they won a Super Bowl, but having to win the last two games to garner a 6th seed is not usually going to position a team for a strong playoff run.

      Had they won more SBs or gone further in the playoffs — there are some players that might warrant an extension, or the next year on their contract. But I’m not sure that some of the big-money guys need to be on the team next year.

      It would be great to discuss Packer-stuff here. But I’m not sure this is the venue (see comments after “Aaron Rodgers, Brett Favre Talk About Making Nice”).

      Regards,
      GBslacker

  2. mxz600

    I understand all that. The reality is, the Packers sooner or later have to tackle better as a team, with or without Woodson. The bottom line is, you have a guy that’s gonna be 37, that missed 9 games, being paid 11 million…In todays NFL, you cant have guys making that kind of money, watching from the sidelines, he broke his same collarbone twice. Casey Hayward “outperformed Woodson” at his slot corner spot in the nickle. players get old, it happens. Young guys come in, old aging players retire ( See Driver) Its just life. Know when to say when, before the team tells you when. Nobody in the NFL thinks Woodson is worth 10 million. From what iv’e read….most think they should restructure him for 2.5 to 3 million. Business wise, that makes a lot more sense.

  3. Savage57

    All the tangible arguments are unassailable. But the reason you keep Wood is the same reason you keep a Reggie, or a Ray, or a Brian is because they bring attitude and maturity to a decidedly young defense and seconary

  4. mxz600

    No matter the cost vs production? That doesn’t factor in?…wasn’t it TT who said: “It’s better to let a player go a few years too early, than a few years too late.” In hindsite, last year would have been a good time, same with Driver. No disrespect to either. Lets be honest, Driver caught 8 passes last season, they didnt keep him for production, they kept him out of respect.

  5. mxz600

    As far as bringing attitude to the defense….Whatever formula the Packers defensive coordinator is using for “attitude” is clearly not working. I didnt see any attitude against the Giants last year, or against the 49ers….The playoffs are the games you have to “BRING IT”……Excuse me if i piss anyone off…..But to me, those games almost looked like they hardly cared…and at best, were severely out coached, and out muscled….I see 3 players on defense that play with attitude…Clay, C Hayward, and Woodson. I see Dom Capers up in his booth, who doesnt look like he has a pulse. I see Kevin Greene having attitude….It wouldnt hurt my feelings seeing Kevin Greene promoted to DC.

  6. mxz600

    People have to stop saying….He did a good job in 2010, or this player played well in 2010…….I could really care less what anyone did in 2010, Thank you, but its in the past …Capers, AJ Hawk, Tramon Williams…What have you done lately?

  7. Richard

    Agreed on the 2010 talk. A lot of these guys have been playing spoiled. Somebody hits them back and they curl up, hide, and give up 40+ points. New blood and better tackling is needed. I don’t know how any cap conversation doesn’t start and end with A.J Hawk taking his rightful position next year as a high school football coach or car salesman and freeing up some of that money he has been stealing over the better part of the last decade.

  8. Shawn Iltarion

    Cutting AJ Hawk saves $2.2 million in cap room and leaves you with two starting ILBs who are both coming off major injury. Use your 1st round pick on an ILB, then MAYBE.

    There is NO question Woodson will NOT be making $10 million in 2013. I would offer 3-4 million. I can’t see him doing any better than that.

  9. Vijay

    How does an NFL franchise valued by Forbes at over $1B USD not ever seem to have enough money to pay it’s players? I could understand it if they spent the money on stars contracts, stadium upgrades etc. But they still haven’t paid their star players at salary levels matching their peers at the same positions and the stadium upgrades were largely paid for by past season’s earnings and a fake ownership stock sale…so where’s the damn money? Why are we so close to the cap???

  10. GreenAndYellow

    as much as i hate to say it, letting hawk go it a dumb shit move, as stated by iltarion, it only saves us $2.2 mil, which is obviously real cash, but not worth thinning an already weak position with major injuries…

    as far as the cap, it doesn’t matter how much money a team is worth, you can only spend so much on players, which is the same for all teams. the money you spend on stadium upgrades and the like doesnt come from the money available to pay players. its easy to feel like all teams spend more than the pack based on the handful of large signing each offseason, but the reality is that it always comes at a cost for those teams and just because you don’t follow them as closely as the packers doesn’t mean they aren’t dealing with the same issues. this isn’t a unique situation in packerland.

    http://www.spotrac.com/nfl/green-bay-packers/cap-hit/

    shit adds up quick

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