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Saints Cap Situation--2013 Updated 830pm 14MAR
Posted on 3/10/13 at 5:52 pm
Posted on 3/10/13 at 5:52 pm
This is current salary cap figures...if anyone sees a mistake let me know but it should be pretty damn close...
Saints Cap Space (rough figure):
$5,152,681
-Will Herring released -$1,900,000
-Will Smith restructures to $3,000,000 base salary
-Johnathan Vilma Restructures to $1,000,000 base salary
-Junior Gallette signs 3 year $3,600,000 contract..no signing bonus details revealed
-Keenan Lewis signs 5-year $26,300,000 contract with $10,500,000 guaranteed and a $6,000,000 signing bonus
**If anyone has any questions, ask and I will do my best to research it and figure out the numbers.
** I will edit the thread as we go with signings and cuts
Predictions For Rookie Contracts
These predicitons are based off of the new Rookie Pay scale and the picks on average salary
Round 1 pick 15
Total Value: $9,000,000
Signing Bonus: $5,234,336
2013 Cap: $1,713,584
Round 3 pick 13
Total Value: $2,860,000
Signing Bonus: $617,436
2013 Cap: $559,359
Round 4 Pick 12
Total Value: $2,615,400
Signing Bonus: $455,400
2013 Cap: $518,850
Round 5 Pick 11
Total Value: $2,354,452
Signing Bonus: $194,452
2013 Cap: $453,613
Round 6 Pick 15
Total Value: $2,265,308
Signing Bonus: $105,308
2013 Cap: $431,327
Saints Cap Space (rough figure):
$5,152,681
-Will Herring released -$1,900,000
-Will Smith restructures to $3,000,000 base salary
-Johnathan Vilma Restructures to $1,000,000 base salary
-Junior Gallette signs 3 year $3,600,000 contract..no signing bonus details revealed
-Keenan Lewis signs 5-year $26,300,000 contract with $10,500,000 guaranteed and a $6,000,000 signing bonus
**If anyone has any questions, ask and I will do my best to research it and figure out the numbers.
** I will edit the thread as we go with signings and cuts
Predictions For Rookie Contracts
These predicitons are based off of the new Rookie Pay scale and the picks on average salary
Round 1 pick 15
Total Value: $9,000,000
Signing Bonus: $5,234,336
2013 Cap: $1,713,584
Round 3 pick 13
Total Value: $2,860,000
Signing Bonus: $617,436
2013 Cap: $559,359
Round 4 Pick 12
Total Value: $2,615,400
Signing Bonus: $455,400
2013 Cap: $518,850
Round 5 Pick 11
Total Value: $2,354,452
Signing Bonus: $194,452
2013 Cap: $453,613
Round 6 Pick 15
Total Value: $2,265,308
Signing Bonus: $105,308
2013 Cap: $431,327
This post was edited on 3/14/13 at 8:36 pm
13
Posted on 3/10/13 at 5:56 pm to Bduhon55
quote:
How do I request a sticky...or is some assigned to request those things?
Posted on 3/10/13 at 5:56 pm to Bduhon55
Saints have some bucks for a few moves, we need to resign jimmy long term
Posted on 3/10/13 at 5:56 pm to Bduhon55
Sticky requested. Please keep it updated throughout FA and maybe we can stop with the 6 salary cap threads a day. Keeping a running tally in your OP would be awesome.
Posted on 3/10/13 at 6:33 pm to Bduhon55
This is awesome!! Thanks for the full breakdown.
Posted on 3/11/13 at 6:04 am to Bduhon55
RA'd for stickage
Posted on 3/11/13 at 6:51 am to Bduhon55
Outstanding and much appreciated...
Posted on 3/11/13 at 6:52 am to Bduhon55
Stupid mobile double post...
This post was edited on 3/11/13 at 6:53 am
Posted on 3/11/13 at 7:04 am to Bduhon55
Today starts the beginning of a busy saints week. I can't wait!! Bring on the transactions lol
Posted on 3/11/13 at 7:49 am to Bduhon55
Requested sticky.
Posted on 3/11/13 at 9:27 am to Bduhon55
Excellent job!
After reading a few more post on this subject, I feel I can challenge Mickey for the "Head Capologist" position with the team!
After reading a few more post on this subject, I feel I can challenge Mickey for the "Head Capologist" position with the team!
Posted on 3/11/13 at 10:33 pm to Bduhon55
I looked back over your post and noticed you have Harper's $1.75 mil for both years counted but you did not include his $2.6 mil left in guarantees.
This would bring his savings before June 1st to only $1 mil(7.1-2.6-1.75-1.75=1) and the total savings for cutting all three now to just $14,758,334.
As I said in other threads(and I was wrong on Smith's number in those as I was just guessing) it still makes sense to cut Smith now because you save $7.75 mil now and even more after June 1st.
Harper would make no sense to cut now as cutting him for $1 mil is minimal savings and you won't get a better player for that price.
Not sure on his $2.6 breakdown, but assuming it's an even split you could save $4.05 mil come June 1st and it becomes more interesting whether you cut or keep him. Problem now is that all the good free agents are likely gone so it would have to be a draft pick that is showing some flashes.
Now if all of his guarantees are for this year you only save his bonus next year on top which brings the savings to $2.75($1 mil original + $1.75 2014 bonus). At that price I not sure if they cut him or not.
Now if his guarantees are all in this year and they keep him, next year you cut him and only owe $1.75 mil period. Given he's scheduled to make $7.9 mil next year they will save $6.15 mil by cutting him. In other words, next year he restructures or he is likely gone unless he plays his arse off this year.
Looking at this site:
LINK /
I'm pretty sure all his remaining guarantees are for this year as none of the $2.6 is listed in the dead money(they don't include the signing bonus in the figure if it's the player's last year).
This would bring his savings before June 1st to only $1 mil(7.1-2.6-1.75-1.75=1) and the total savings for cutting all three now to just $14,758,334.
As I said in other threads(and I was wrong on Smith's number in those as I was just guessing) it still makes sense to cut Smith now because you save $7.75 mil now and even more after June 1st.
Harper would make no sense to cut now as cutting him for $1 mil is minimal savings and you won't get a better player for that price.
Not sure on his $2.6 breakdown, but assuming it's an even split you could save $4.05 mil come June 1st and it becomes more interesting whether you cut or keep him. Problem now is that all the good free agents are likely gone so it would have to be a draft pick that is showing some flashes.
Now if all of his guarantees are for this year you only save his bonus next year on top which brings the savings to $2.75($1 mil original + $1.75 2014 bonus). At that price I not sure if they cut him or not.
Now if his guarantees are all in this year and they keep him, next year you cut him and only owe $1.75 mil period. Given he's scheduled to make $7.9 mil next year they will save $6.15 mil by cutting him. In other words, next year he restructures or he is likely gone unless he plays his arse off this year.
Looking at this site:
LINK /
I'm pretty sure all his remaining guarantees are for this year as none of the $2.6 is listed in the dead money(they don't include the signing bonus in the figure if it's the player's last year).
This post was edited on 3/11/13 at 10:38 pm
Posted on 3/12/13 at 9:47 pm to Bduhon55
Did you add in the Junior contract? It's 800,000 base salary this year(unsure on bonuses). Or were you waiting for that part also?
Also wanted to ask if this includes the Ivory and De La Puente deals too?
That would put us around $5 mil if not.
Also wanted to ask if this includes the Ivory and De La Puente deals too?
That would put us around $5 mil if not.
Posted on 3/14/13 at 12:01 pm to Bduhon55
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