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How is Denver not over the cap?
Posted on 3/16/14 at 5:14 pm
Posted on 3/16/14 at 5:14 pm
Yet we're struggling to stay under?
5
Posted on 3/16/14 at 5:15 pm to LSUlefty
I would imagine they are Loomising.
Posted on 3/16/14 at 5:17 pm to goatmilker
If only we had a decent GM. Seems like all we do is keep fixing mistakes.
Posted on 3/16/14 at 5:20 pm to LSUlefty
Denver is back-loading every contract they're taking on at this point. This is a 2 year run and then they'll blow it up.
Can you spell "dead money"?
Can you spell "dead money"?
Posted on 3/16/14 at 5:45 pm to adono
quote:
Can you spell "dead money"?
S-A-I-N-T-S
Posted on 3/16/14 at 5:50 pm to LSUlefty
They actually had a ton of cap room heading into the year.
They are also losing starters but nobody is talking about that.
They are also losing starters but nobody is talking about that.
This post was edited on 3/16/14 at 5:50 pm
Posted on 3/16/14 at 6:03 pm to Dats Who
quote:
If only we had a decent GM. Seems like all we do is keep fixing mistakes.
You're an idiot sir
Posted on 3/16/14 at 6:28 pm to higgsBoson
quote:
S-A-I-N-T-S
Wrong.
Up to this point, the team has struggled through the bad contracts or big number contracts without creating dead money; I suspect that will be the order of the day.
There's a few more high risk contracts(Grubbs, Bunkley, Colston are the most pressing) but the numbers keep going down and become very manageable after this season.
Posted on 3/16/14 at 6:29 pm to LSUlefty
They are losing several players from this year.
They also have a ton of contributors on their rookie contracts. They have less than $6 million in dead money, while the Saints have nearly $14 million.
If you don't include Ware and Talib, they have 5 players over $5 million cap hit. They also had only Peyton making over $8.6 Million.
Compare that to the Saints who have, Evans and Grubs both over $9 million and a combined $20 million. Colston and Welker are a wash.
Also, they aren't backloading a ton of deals like some imagine:
Ware - $9.66M, $11.66M, $11.66M
Talib - $7.9M, $7 M, $11M.
Talib's is a bit, but not that much.
In the end, the Saints' bad contracts are the difference.
They also have a ton of contributors on their rookie contracts. They have less than $6 million in dead money, while the Saints have nearly $14 million.
If you don't include Ware and Talib, they have 5 players over $5 million cap hit. They also had only Peyton making over $8.6 Million.
Compare that to the Saints who have, Evans and Grubs both over $9 million and a combined $20 million. Colston and Welker are a wash.
Also, they aren't backloading a ton of deals like some imagine:
Ware - $9.66M, $11.66M, $11.66M
Talib - $7.9M, $7 M, $11M.
Talib's is a bit, but not that much.
In the end, the Saints' bad contracts are the difference.
Posted on 3/16/14 at 6:34 pm to LosLobos111
He's making fun of Lester, as we all should be.
Posted on 3/16/14 at 6:36 pm to Geauxgurt
quote:
Ware - $9.66M, $11.66M, $11.66M
2014
$5 million signing bonus
$5 million roster bonus on March 17 (fully guaranteed)
$3 million salary (fully guaranteed)
2014 total: $13 million
Denver Post
Posted on 3/16/14 at 6:37 pm to adono
Signing bonus is spread out though. That's his cash value(the actual money he pockets). $9.67m is his cap hit.
Posted on 3/16/14 at 6:43 pm to bonethug0108
The numbers still add up when you prorate the signing bonus.
2015
$3.5 million salary (fully guaranteed)
$3.5 million salary (injury guarantee; converts to full skill/injury/cap guarantee on fifth day of free agency)
2015 total: $7 million
2016
$3 million roster bonus (no guarantees until fifth day of free agency when it becomes fully guaranteed against skill/injury/cap)
$7 million salary (no guarantees)
2016 total: $10 million
(Same link as above)
2016 matches up but not 2015.
2015
$3.5 million salary (fully guaranteed)
$3.5 million salary (injury guarantee; converts to full skill/injury/cap guarantee on fifth day of free agency)
2015 total: $7 million
2016
$3 million roster bonus (no guarantees until fifth day of free agency when it becomes fully guaranteed against skill/injury/cap)
$7 million salary (no guarantees)
2016 total: $10 million
(Same link as above)
2016 matches up but not 2015.
Posted on 3/16/14 at 6:44 pm to Patrick O Rly
Posted on 3/16/14 at 6:48 pm to higgsBoson
If the Saints are going all in like Denver... Does anything think Loomis will trade up in the top ten of the draft for a real deal player?
Posted on 3/16/14 at 6:51 pm to grahammooney
They have a much smaller window. Peyton has a year or two tops.
We have young, talented defense that'll keep us competing until Drew retires.
We have young, talented defense that'll keep us competing until Drew retires.
Posted on 3/16/14 at 6:54 pm to bonethug0108
And in case anyone was wondering who they lost, it was a starting guard(Beadles), wide receiver(Decker), corner(Rodgers-Cromartie; still unsigned but turned down their offer), and linebacker(Woodyard). They also lost a backup defensive end(Mincey).
They gained a starting corner(Talib), safety(Ward), defensive end/outside linebacker(Ware), and receiver(Sanders).
They've only retained a backup receiver so far(Caldwell).
Starters that are still FAs are safety(Adams), outside linebacker/defensive end(Phillips), halfback(Moreno), and returner(Holliday).
So that puts them down a starting guard, linebacker, and returner with nothing gained.
So while they are signing all these guys, they have also lost pieces and could lose more.
They gained a starting corner(Talib), safety(Ward), defensive end/outside linebacker(Ware), and receiver(Sanders).
They've only retained a backup receiver so far(Caldwell).
Starters that are still FAs are safety(Adams), outside linebacker/defensive end(Phillips), halfback(Moreno), and returner(Holliday).
So that puts them down a starting guard, linebacker, and returner with nothing gained.
So while they are signing all these guys, they have also lost pieces and could lose more.
This post was edited on 3/16/14 at 8:14 pm
Posted on 3/16/14 at 6:55 pm to adono
His first year is $9.67 million.
$3M salary + $5M roster bonus = $8M
Add in 1/3 of signing bonus = $5M/3 = $1.67M
Total year 1 = $9.67 M
Year 2:
$7 M base salary (2 - $3.5M guaranteed)
$1.67 M from Signing bonus
$3M Roster bonus
Total = $11.67M cap hit
Same set up for year 3. Much like the Saints did with Byrd, they basically set up his Signing bonus in a weigh to spread out the hit early.
He actually gets a $10 million signing bonus, but they made half of it a roster bonus so it gets paid out this year and only leaves them with minimal dead money after this season.
After this season, he's owed $3.33M from signing bonus nad $3.5M of 2015 salary, thus Dead money = $6.83M).
It was a well drawn out contract if they think he'll do well.
I am not saying Loomis isn't a very good GM moneywise, but the reason we've not had as much dead money in the past few seasons is because we've been forced to hold onto those players (like Smith, Harper, etc). It wasn't because he was amazing and the team was never strapped.
$3M salary + $5M roster bonus = $8M
Add in 1/3 of signing bonus = $5M/3 = $1.67M
Total year 1 = $9.67 M
Year 2:
$7 M base salary (2 - $3.5M guaranteed)
$1.67 M from Signing bonus
$3M Roster bonus
Total = $11.67M cap hit
Same set up for year 3. Much like the Saints did with Byrd, they basically set up his Signing bonus in a weigh to spread out the hit early.
He actually gets a $10 million signing bonus, but they made half of it a roster bonus so it gets paid out this year and only leaves them with minimal dead money after this season.
After this season, he's owed $3.33M from signing bonus nad $3.5M of 2015 salary, thus Dead money = $6.83M).
It was a well drawn out contract if they think he'll do well.
I am not saying Loomis isn't a very good GM moneywise, but the reason we've not had as much dead money in the past few seasons is because we've been forced to hold onto those players (like Smith, Harper, etc). It wasn't because he was amazing and the team was never strapped.
Posted on 3/16/14 at 6:56 pm to Patrick O Rly
quote:I rarely use it, but fixed it for you.
We have young, talented defense that'll keep us competing past Drew's retirement.
If we retain these pieces we will be a defensive powerhouse past Drew's years.
adono, I don't know what you're trying to say, but his cap hit is $9.67m this year regardless. It's not $13m.
This post was edited on 3/16/14 at 6:58 pm
Posted on 3/16/14 at 7:37 pm to Geauxgurt
quote:
but the reason we've not had as much dead money in the past few seasons is because we've been forced to hold onto those players (like Smith, Harper, etc).
That's exactly right. That was my point when I said they worked through bad contracts. They should have cut Smith and Vilma last year before they had the "IR" option. Not even going to talk about Harper...that contract was a mistake the day they signed it.
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