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Started By
Message
Byrd's full contract details
Posted on 3/12/14 at 7:35 pm
Posted on 3/12/14 at 7:35 pm
LINK
"Here's the breakdown:
2014: $1.3 million salary, $3.5 million cap number
2015: $2 million salary, $6 million guaranteed roster bonus, $100,000 workout bonus, $10.3 million cap number
2016: $7.4 million salary, $100,000 workout bonus, $9.7 million cap number
2017: $8.6 million salary, $100,000 workout bonus, $10.9 million cap number
2018: $8.6 million salary, $100,000 workout bonus, $10.9 million cap number
2019: $8.6 million salary, $100,000 workout bonus, $8.7 million cap number"
"Here's the breakdown:
2014: $1.3 million salary, $3.5 million cap number
2015: $2 million salary, $6 million guaranteed roster bonus, $100,000 workout bonus, $10.3 million cap number
2016: $7.4 million salary, $100,000 workout bonus, $9.7 million cap number
2017: $8.6 million salary, $100,000 workout bonus, $10.9 million cap number
2018: $8.6 million salary, $100,000 workout bonus, $10.9 million cap number
2019: $8.6 million salary, $100,000 workout bonus, $8.7 million cap number"
6
Posted on 3/12/14 at 7:36 pm to bonethug0108
even though its only 1.3million more next year, it looks like it hurts a shite ton. lol
Posted on 3/12/14 at 7:37 pm to bonethug0108
Not bad considering probably by the end of this contract well be letting him go to sign Vaccaro to his big deal.
Posted on 3/12/14 at 7:40 pm to htran90
Where do you get only $1.3m more. It goes from $3.5m to $10.3m
Posted on 3/12/14 at 7:40 pm to windshieldman
Loomis is going to have his hands full for the next few years but if we cut him after the 4th year, things will work out.
Posted on 3/12/14 at 7:44 pm to Brettesaurus Rex
Well he is definitely here for 3 years, and the implications for each year after that if we release him are:
2017- $6.1m saved with $4.4m dead money
2018- $8.8m saved with $2.2m dead money
2019- $9m saved with no dead money(signing bonuses are only spread among the first 5 years)
So really it's a great 3 year deal with options to get out anytime after that.
2017- $6.1m saved with $4.4m dead money
2018- $8.8m saved with $2.2m dead money
2019- $9m saved with no dead money(signing bonuses are only spread among the first 5 years)
So really it's a great 3 year deal with options to get out anytime after that.
Posted on 3/12/14 at 7:45 pm to bonethug0108
was referring to the average of 9mil/yr of the contract.
9mil looks exponentially smaller than 10.3mil for some odd reason
9mil looks exponentially smaller than 10.3mil for some odd reason
Posted on 3/12/14 at 7:46 pm to bonethug0108
Yeah that's really a great deal setup. Incredible job by Loomis
Posted on 3/12/14 at 7:49 pm to htran90
Ok gotcha. Yeah anytime you see something go into the $10m+ range it starts looking mighty large.
This is a really good give and take contract. The player get's what he wanted the first 3 years, the signing bonus is really low so when it does come time to decide keep/cut the dead money is really low, and it has flexibility as we can restructure him in either of the next two years if we need the money and the dead money still wouldn't be too great.
And each year 4-6 could also been an extension point.
This is a really good give and take contract. The player get's what he wanted the first 3 years, the signing bonus is really low so when it does come time to decide keep/cut the dead money is really low, and it has flexibility as we can restructure him in either of the next two years if we need the money and the dead money still wouldn't be too great.
And each year 4-6 could also been an extension point.
This post was edited on 3/12/14 at 7:50 pm
Posted on 3/12/14 at 7:50 pm to bonethug0108
Probably more like 4 years. Eating 4 mill to save 6 isn't great and would probably only happen if he's severely underperforming.
Posted on 3/12/14 at 7:51 pm to HollierThanThou
Agreed but we did it with Harper and Moore and they were still decent. Moore saved $2.5m but has $2.5m dead money for instance.
So the option is there if needed.
So the option is there if needed.
This post was edited on 3/12/14 at 7:52 pm
Posted on 3/12/14 at 7:52 pm to bonethug0108
This looks tremendous. We are locked into him for him 3 prime years, but after that we can let him go without much cost. Plus, none of his cap numbers are out of control. It never gets above $10.9mil. Definitely a manageable number for a guy of his caliber. Great work by Loomis.
Posted on 3/12/14 at 7:55 pm to bonethug0108
quote:
And each year 4-6 could also been an extension point.
Exactly. Take another look at the cap, our cap situation, and needs at that point.
Posted on 3/12/14 at 7:59 pm to bonethug0108
3.5 Mil hit this year ? 
And before everyone freaks out the Saints FO is actually "aware" of the 10.3 in 2015 and have figured out how to pay it before JByrd ever put pen to paper.
Also much like Brees he will soon be passed by a higher priced player at his position.
All in all this looks really good going forward
And before everyone freaks out the Saints FO is actually "aware" of the 10.3 in 2015 and have figured out how to pay it before JByrd ever put pen to paper.
Also much like Brees he will soon be passed by a higher priced player at his position.
All in all this looks really good going forward
Posted on 3/12/14 at 8:02 pm to Sophandros
Hopefully he can be an All-Pro long after his first 3 years but if not then we can cut him. I hope we don't have to though
Posted on 3/12/14 at 8:18 pm to WicKed WayZ
Cut him in 3 years? Why dont the Saints just restructure if he's playing at that level
Posted on 3/12/14 at 8:27 pm to bonethug0108
Has anyone posted this on Falcons Life?
Posted on 3/12/14 at 8:30 pm to Sophandros
quote:Like they'd understand it.
Has anyone posted this on Falcons Life?
Correction, they'd misrepresent it to tear down the Saints.
We're either killing ourselves in the future or breaking the rules.
Posted on 3/12/14 at 8:32 pm to Hoodoo Man
How are we even posting on this message board? Our FEMA trailers don't get internet service.
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