Latest NFL news means multiple Packers just made a ton of money
Two members of the Green Bay Packers are entering the weekend with a huge smile on their respective faces. Those two players would be offensive linemen Jon Runyan Jr. and Josh Myers. Both players received a huge pay bump thanks to the NFL's Performance-Based Pay program. It's a program that rewards players for play time […]
Two members of the Green Bay Packers are entering the weekend with a huge smile on their respective faces.
Those two players would be offensive linemen Jon Runyan Jr. and Josh Myers. Both players received a huge pay bump thanks to the NFL's Performance-Based Pay program. It's a program that rewards players for play time by giving them huge cash bonuses.
NFL Communications released a list of the top-25 bonuses on Friday. Runyan Jr. came in at No. 5 and Myers came in at No. 24
Runyan Jr. will make an extra $790,159 on top of his $2.743 million base salary, which means he'll make a total of $3,533,159 in 2023. This is currently the final year of his contract, so it's easy to see why he'll appreciate the raise.
Myers, on the other hand, will make $638,041 in addition to his $1,167,286 base salary. Therefore, Myers will make a total of $1,805,327 in 2023.
Below is how the NFL determines the PBP bonuses:
Players become eligible to receive a bonus distribution in any regular season in which they play at least one official down. In general, players with higher playtime percentages and lower salaries benefit most from the pool.
Performance-Based Pay is computed by using a player index (“Index”). To produce the Index, a player’s “PBP Playtime” (defined as the player’s regular season total plays played on offense, defense and special teams, divided by the number of plays of the player with the most total combined plays on that team) is divided by his “PBP Compensation” (defined as regular season full salary, prorated portion of signing bonus, earned incentives). Each player’s Index is then compared to those of the other players on his team to determine the amount of his Performance-Based Pay.
If a player’s base salary is less than the Minimum Salary of a player with seven or more Credited Seasons, then player’s base salary will be imputed to be equal to the Minimum Salary of a player with seven or more Credited Seasons (i.e., $1.120M for the 2022 season). By imputing a minimum salary of $1.120 million, a slightly higher percentage of the pool is directed to high-performing veteran players whose salaries exceed $1.120 million, but are not among the highest in the league, as contemplated by the formula. This imputation of salary is solely for the purpose of calculating distributions from the pool and does not affect the actual salary paid to the player under his contract.
