Blog Entry

Packers sign Finley to 2-year deal, Flynn next?

Posted on: February 22, 2012 9:47 pm
Edited on: February 22, 2012 10:11 pm
Green Bay keeps Finley for two more years, is Flynn  next? (Getty Images)

By Ryan Wilson

There were concerns heading into the offseason that free agent tight end Jermichael Finley, who hauled in 131 passes for 1,744 yards and 14 touchdowns for the Packers since 2009, would want to be paid like a wide receiver. Turns out, the two sides found common ground nearly two weeks before the start of free agency; Finley has signed a two-year deal with Green Bay worth slightly less than $15 million. originally reported the news and Finley confirmed it on Twitter.

It's TRUE! Thank you so much to the Packers organization, all of my fans, and my beautiful wife. Happy Bday. Let's GO Packers!! Back soon...
2/22/12 8:31 PM

As PFT noted, the average value of Finley's new contract -- roughly $7.5 million -- splits the difference between the franchise tag values for tight ends ($5.4) and wide receivers ($9.4).

Finley made $1.2 million in base salary last season.

Signing Finley means that the Packers now have the franchise tag still available to them to use as they see fit. The Milwaukee Journal Sentinel's Tom Silverstein tweets that "I anticipate the Packers using the franchise tag on (Matt) Flynn now. They'll take the $14 million cap hit and then deal him to somebody."

We wrote about this possibility on January 3 when Silverstein first floated the idea of a Packers tag and trade:

Silverstein [writes] that the move isn't without risk for the Packers. Putting aside the illegality of a tag and trade, there's also the issue of having a $14 million backup on your roster if other teams aren't sufficiently interested in trading for him. Which means that team president Ted Thompson would have to work with Flynn's agent "behind the scenes to find a trading partner and then negotiate a deal suitable to Flynn."

Silverstein was told by a "prominent agent who has represented a franchise player" that Green Bay could be in line for a first-round pick at minimum for Flynn, and maybe a first- and third-rounder.

That sounds, well, extreme, especially since Hue Jackson already traded for Carson Palmer.  

Almost two months later and it still sounds extreme.

For more NFL news, rumors and analysis, follow @EyeOnNFL on Twitter, subscribe to our NFL newsletter, and while you're at it, add our RSS Feed

Since: May 1, 2009
Posted on: February 23, 2012 1:17 pm

Packers sign Finley to 2-year deal, Flynn next?

Like the move, considering demand for QB's.....but #9 or #12 is a pipe dream. Late first, early 2nd would be best offer.

Since: Sep 2, 2006
Posted on: February 23, 2012 12:54 pm

Packers sign Finley to 2-year deal, Flynn next?

With the signing of Finley, Im alittle more optimistic, that we might be able to franchise Flynn and tade him to Miami for #9 pick or Seattle for #12 pick. Then we would be able to draft OLB courtney upshaw or DE Michele Brockers. Probably best case.

Since: Jul 26, 2009
Posted on: February 23, 2012 11:48 am

Packers sign Finley to 2-year deal, Flynn next?

If I wa sFinley I would have made them tag him. Packers got a good deal for 2 years. Have a chance to see how he develops and can resign at that time.

Since: Jan 15, 2008
Posted on: February 23, 2012 11:42 am

Packers sign Finley to 2-year deal, Flynn next?

Yes, he was the best TE option and wants to be a PACKER!!!

Since: Aug 14, 2006
Posted on: February 23, 2012 11:21 am

Packers sign Finley to 2-year deal, Flynn next?

Mistake.  He never lived up to his potential and now he is getting paid llike he did.  I think he just dropped the check when it was handed to him.

Since: May 14, 2008
Posted on: February 23, 2012 11:04 am

Driver and Clifton

If the Packers do franchise Flynn, they need to clear the cap space for $14 million.  Even if they trade Flynn, the NFL rules require a team to have the cap space for the value of the franchise tag.  The writing is on the wall for both Driver and Clifton to be cut.  The Packers had about $10 million in cap space before signing Finley (estimated $124 million cap).  Finley's contract is for $5.5 million the first year (drops the cap space to about $4.5 million).  The Packers would need more money to sign Flynn plus any draft picks they have in April.  We will miss you Double D and CC.   

Since: May 14, 2008
Posted on: February 23, 2012 10:43 am

Right Move

If the Packers let Flynn get away for a compensatory 3rd round pick I would have been upset.  If saving the franchise tag for Flynn meant overpaying Finley slightly, I am all for it.  That being said, $15 million for 2 years is fair for both sides; Finley gets paid like a top tight end and the Packers, essentially, give him a two year "prove it" contract.  The Packers should be able to fetch at least a pair of 2nd round picks (hopefully a 1st) for Flynn.  A pair of high picks sounds better than a late 3rd round pick even if they had to give in slightly to Finley's demands.  On a side note, after the 2013 season, the Packers have A LOT of significant free agents.  I will be curious to see how they utilize their cap space over the next two seasons.   

Since: Jul 22, 2008
Posted on: February 23, 2012 10:02 am

Drops way too many passes

Overpaid at 7.5mm/year..

Since: Mar 1, 2008
Posted on: February 23, 2012 9:39 am

Packers sign Finley to 2-year deal, Flynn next?

He's a great TE even tho he wasnt used much last year. I'm just glad the Giants didn't get him.

Since: Feb 23, 2012
Posted on: February 23, 2012 9:35 am

Packers sign Finley to 2-year deal, Flynn next?

You must be a Lions fan because what you said doesn't make any sense.  Let's assume you are right about Flynn and he will be absolutely terrible as a starter somewhere else.  Why would the Packers care then.  We are shipping him off for something in the neighborhood of a 1st rounder.  So the Packers could care less about what he turns out.  And even if Finley can't catch, which is fixable, he is extremely athletic and a matchup up nightmare (can't teach).  Teams still have to respect that aspect and bracket him.  And the last team the Packers should take Personel advise from is from anyone associated with the Lions.

The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or