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Saints cap situation as of Today

Posted on 5/13/13 at 1:36 pm
Posted by Whodatforlife21
Big Easy
Member since Apr 2013
1900 posts
Posted on 5/13/13 at 1:36 pm
According to Pat Yasinskas sorry I don't have a link Im on the road and my friend sent me this

And now the news that you’ve been waiting for. With all their rookies under contract, the Saints now are only $397,339.18 under the salary cap. That means they’ll have to restructure contracts or release veterans if they are going to make any other significant moves.
Posted by Hugo Stiglitz
Member since Oct 2010
72937 posts
Posted on 5/13/13 at 1:37 pm to
quote:

That means they’ll have to restructure contracts or release veterans if they are going to make any other significant moves.

You don't say?
Posted by geauxtigers87
Louisiana
Member since Mar 2011
25230 posts
Posted on 5/13/13 at 1:37 pm to
So, you're telling me there's a chance
Posted by goatmilker
Castle Anthrax
Member since Feb 2009
64484 posts
Posted on 5/13/13 at 1:43 pm to
quote:

$397,339.18


I'll chip in .82 to make it a even $397,340

Posted by Brettesaurus Rex
Baton Rouge
Member since Dec 2009
38259 posts
Posted on 5/13/13 at 2:07 pm to
I don't see us making any mores now unless we a significant injury. :knocksonwood:
Posted by bonethug0108
Avondale
Member since Mar 2013
12690 posts
Posted on 5/13/13 at 2:59 pm to
I don't know how accurate that is. He may have just looked at the 1st year of each deal and taken it out of our cap which would make this inaccurate as the top 51 rule is in play.

Vaccaro took up about $1.5 mil and each 3rd rounder took between $25,000 to $50,000(based off of last year's picks). Before we had $3.1 mil and we should have about $1.5 left.

Also, any vet minimum players would not take up any cap space(unless they get the $65,000 bonus, but it still wouldn't put us over) and I have a feeling a good bit of players will cave and sign on late in camps for the minimum.
This post was edited on 5/13/13 at 3:42 pm
Posted by rantfan
new iberia la
Member since Nov 2012
14110 posts
Posted on 5/13/13 at 3:11 pm to
Am i the only one that would be mad if they had 20 miilon dollars of cap room and didnt do anything with it?
Posted by bonethug0108
Avondale
Member since Mar 2013
12690 posts
Posted on 5/15/13 at 12:40 pm to
Yaszy updated today and blamed his incorrectness on the nflpa even though he never says he got that figure from the nflpa:

LINK

"The New Orleans Saints are $1.6 million under the cap. That number is a little different than what I told you the other day after the Saints had signed all their draft picks and the discrepancy was due to the fact that the NFL Players Association hadn’t updated their numbers to reflect only the top 51 cap figures. Anyway, the Saints don’t have much room to work with. They’ll need more than $1.6 million to eventually sign practice-squad players and keep some money available in case they have injuries and need to sign replacements."

He is also wrong once again about needing money to sign PS players. Most PS players get minimum, or very close to it, contracts. If any PS player(s) crack the top 51 it will only be for a sliver more than the guy they will replace.

I think we may be done with FA barring injuries and will likely roll that over to next year.
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