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Message
Saints Clear $4.8M on Byrd's Salary
Posted on 3/5/15 at 6:51 am
Posted on 3/5/15 at 6:51 am
quote:
@FieldYates: Source: Saints clear $4.8M of cap space by converting Jairus Byrd's $6M roster bonus to signing bonus. His cap # drops from $10.3M to $5.5M.
This post was edited on 3/5/15 at 6:55 am
4
Posted on 3/5/15 at 6:54 am to tzimme4
Yup right on cue. I suspect Graham is next, and then Galette if we can't find a trade partner.
Lofton seems gone either way (trade or cut as it saves the same amount).
Lofton seems gone either way (trade or cut as it saves the same amount).
Posted on 3/5/15 at 7:23 am to tzimme4
Posted on 3/5/15 at 7:32 am to bonethug0108
Just saw he was medically cleared also in Trip's article.
Posted on 3/5/15 at 7:36 am to tzimme4
Why isn't everything a signing bonus, then? I don't understand the salary cap at all.
Posted on 3/5/15 at 7:43 am to The Sad Banana
Because it would be fully guaranteed in that case. No protection for team. Think there is a limit as well set by the league but not sure
Posted on 3/5/15 at 7:50 am to The Sad Banana
Two reasons. When a deal is first made the signing bonus can only be spread over the first five years. Byrd has a six year deal. This allows us to spread money into the sixth year.
Also, if it was all signing bonus it is all guaranteed as soon as the deal is done. A second year roster bonus allows you protection from injury or poor play in year one. If things work out you change it to a signing bonus. If they don't you cut bait.
Also, if it was all signing bonus it is all guaranteed as soon as the deal is done. A second year roster bonus allows you protection from injury or poor play in year one. If things work out you change it to a signing bonus. If they don't you cut bait.
Posted on 3/5/15 at 8:03 am to bonethug0108
quote:
A second year roster bonus allows you protection from injury or poor play in year one. If things work out you change it to a signing bonus. If they don't you cut bait.
So why didn't we cut bait?
I kid I kid.
Posted on 3/5/15 at 8:11 am to Neauxla
This post was edited on 3/5/15 at 8:14 am
Posted on 3/5/15 at 8:29 am to bonethug0108
Good info, thanks.
Posted on 3/5/15 at 8:39 am to bonethug0108
quote:
then Galette if we can't find a trade partner.
Nevermind, just saw the other thread. Carry on..
This post was edited on 3/5/15 at 8:40 am
Posted on 3/5/15 at 9:05 am to supadave3
Believe me I was blindsided at first too. Clearly they don't trust him enough to guarantee him that much money. Damn shame because he played well the last two years.
Posted on 3/5/15 at 9:58 am to tzimme4
What a terrible pick up this turned out to be. Paid him millions for nothing
Posted on 3/5/15 at 10:02 am to Northwestern tiger
We still have him for five more years. Slow your roll.
He missed ALL of the off-season last year and then was just thrown in. We had no time for everyone to see how it all worked together.
This year, hoping for good health, he'll be good for ALL of this off-season. That will make a huge difference.
He missed ALL of the off-season last year and then was just thrown in. We had no time for everyone to see how it all worked together.
This year, hoping for good health, he'll be good for ALL of this off-season. That will make a huge difference.
Posted on 3/5/15 at 10:10 am to bonethug0108
Exactly.
They will have time to see that having him play 50 yards from the line of scrimmage is a bit much
They will have time to see that having him play 50 yards from the line of scrimmage is a bit much
Posted on 3/5/15 at 10:14 am to goatmilker
Well Ryan heard them say he was rangy. What do you expect him to do? 
Posted on 3/5/15 at 10:45 am to Northwestern tiger
quote:Yeah let's not give him another year or anything. Complete waste, we should just cut him.
What a terrible pick up this turned out to be. Paid him millions for nothing
Posted on 3/5/15 at 12:19 pm to The Sad Banana
The Sad Banana
Salary Cap link
Here you go man. Its a lengthy read but it answered most of my questions.
Salary Cap link
Here you go man. Its a lengthy read but it answered most of my questions.
Posted on 3/5/15 at 12:25 pm to Dunk47
I wish they would hurry the hell up and finish with all this salary bonus crap. I wanta know where we stand as far as money for FAs!
Posted on 3/5/15 at 12:28 pm to Meateye
quote:
I wish they would hurry the hell up
Agreed. But, ML is looking at his calendar and realizing he has 5 more days to go to get under the cap. So, in his mind he has all the time in the world.
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