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Started By
Message
re: Curtis Lofton Restructures Contract
Posted on 2/15/13 at 4:57 pm to BarbeTiger
Posted on 2/15/13 at 4:57 pm to BarbeTiger
props to lofton for the help
2
Posted on 2/15/13 at 5:02 pm to angryslugs
I am not surprised by the move but I thought some other things would have been done first. I guess it was a quick and easy thing to just get it out of the way.
Posted on 2/15/13 at 5:12 pm to jamal
I like this
Posted on 2/15/13 at 5:16 pm to carnuba
quote:
props to lofton for the help
he's not really doing anything but taking $5million now as a signing bonus rather than a roster bonus later. The team can spread it over the length of the contract capwise that way.
Posted on 2/15/13 at 5:29 pm to blueslover
Posted on 2/15/13 at 6:02 pm to geauxtigers87
Posted on 2/15/13 at 6:46 pm to landrywasbeast30
Posted on 2/15/13 at 6:55 pm to jamal
THE Loomis 
Posted on 2/15/13 at 7:00 pm to jamal
quote:
Our GM is a magician
Posted on 2/15/13 at 7:14 pm to mm2316
I think with that new 4 mil in space, plus cutting Smith and Vilma that would just get us even with the cap limit. When Harper restructures, that will tell us how much leftover we have to spend.
Posted on 2/15/13 at 7:48 pm to mm2316
I'm pretty Sure I would have sex with Mickey Loomis.
Posted on 2/15/13 at 7:52 pm to carnuba
quote:
props to lofton for the help
I second this. A quick 4 million, 16 more to go
Posted on 2/15/13 at 7:56 pm to Gugich22
I did. He rocked my world. I paid him for it afterwards.
Posted on 2/15/13 at 8:06 pm to blueslover
quote:
he's not really doing anything but taking $5million now as a signing bonus rather than a roster bonus later. The team can spread it over the length of the contract capwise that way.
This + it's not even an "impressive" move by Loomis. The only newsworthy thing about this move is that it happened to Lofton. Either Brees, Evans, or both will be doing the same thing soon enough.
Posted on 2/15/13 at 8:50 pm to THRILLHO
Vilma aint going nowhere 
Posted on 2/15/13 at 8:52 pm to THRILLHO
Brees has a ~17 million cap figure next year. He already has a signing bonus and I don't know if you can convert non-bonus payment into bonus money when a bonus is already in place.
Posted on 2/15/13 at 11:00 pm to Sophandros
quote:
Vilma aint going nowhere
That sucks for us since he was awful last year and the year before.
Posted on 2/15/13 at 11:16 pm to Sophandros
quote:
I don't know if you can convert non-bonus payment into bonus money when a bonus is already in place.
You can convert whatever the frick you want into a signing bonus. Roster bonus, base salary, MAYBE even a given year's prorated signing bonus (no team would ever be in such a bad position to even have to do that).
I think the big reason they started this off with Lofton was their way of saying "We want you to be a big part of this 3-4 defense in the future." It wasn't likely, but Lofton was a quasi-legit possibility at being cut (would save $2.6m). I'm still of the opinion that 4-3 LB/3-4 ILB is the best place to be terrible at on a defense (see: 2009 SB win) and it's the easiest position to find difference makers in the draft (see: last billion DROYs).
Posted on 2/15/13 at 11:18 pm to hugo_boss
quote:
That sucks for us since he was awful last year and the year before.
This. Payton is saying all the right things about the leader of the defense for the past 5 years. He's too soft for an ILB and too slow for OLB in a 3-4. He won't be on the team next year except possibly as a vet min backup.
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