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Pay raises for Akiem Hicks, Corey White, Curtis Lofton
Posted on 1/16/15 at 10:34 am
Posted on 1/16/15 at 10:34 am
ESPN
So where are we at on White? Yeah, he's a good nickel buy, but obviously he's spent a lot of time in the starting lineup and that's just not pretty. The new Fred Thomas. Very meh and just seems to always stick around.
quote:
New Orleans Saints defensive tackle Akiem Hicks and cornerback Corey White each had their 2015 salaries increase by nearly $1 million based on playing time -- as The Times-Picayune first pointed out.
Veteran linebacker Curtis Lofton also received salary bumps of $250,000 over each of the next two seasons for earning an unspecified escalator in his contract.
Hicks and White earned their raises as part of the new wage scale for draft picks that was written into the 2011 collective bargaining agreement. Players drafted between Rounds 3-7 can trigger a Proven Performance Escalator by playing at least 35 percent of the offensive or defensive snaps in two of their first three seasons. Hicks, a third-round pick, and White, a fifth-rounder, both qualified.
As a result, Hicks’ salary has increased from $660,000 to $1,561,500 and White’s from $660,000 to $1,574,000, according to ESPN Stats and Information. It’s unclear why the salaries are different. They’re based on the lowest restricted free agent tender for the year.
The pay increases will add another degree of difficulty to the Saints' salary cap situation. They're already more than $20 million over the projected 2015 salary cap -- though general manager Mickey Loomis insisted it's not nearly as bad as it sounds.
The pay hike is obviously good news for Hicks -- who will no doubt earn an even bigger payday when he becomes an unrestricted free agent after the season.
It might complicate matters for White though, since his future with the Saints is less guaranteed. White went from a starting cornerback to a backup to being benched to being moved to safety as the 2014 season went on -- leaving him admittedly feeling like he’s “just out here floating.”
As for Lofton, his salaries went from $2.4 million and $5.4 million over the next two seasons to $2.65 million and $5.65 million. He’s also due a roster bonus of $4.5 million this year, bringing his 2015 total to $7.25 million in salary and bonuses.
That’s pretty steep, especially considering the Saints' cap situation. But as I wrote Thursday, Lofton probably earned it with a strong 2014 campaign in which he ranked fourth in the NFL with 145 tackles.
So where are we at on White? Yeah, he's a good nickel buy, but obviously he's spent a lot of time in the starting lineup and that's just not pretty. The new Fred Thomas. Very meh and just seems to always stick around.
This post was edited on 1/16/15 at 10:37 am
Posted on 1/16/15 at 10:37 am to sicboy
The fact that we pay Corey White at all makes me sick
Posted on 1/16/15 at 10:43 am to sicboy
quote:
White’s from $660,000 to $1,574,000,
see kids, you can be terrible at your job and still make bank
Posted on 1/16/15 at 11:03 am to sicboy
quote:
As a result, Hicks’ salary has increased from $660,000 to $1,561,500 and White’s from $660,000 to $1,574,000, according to ESPN Stats and Information. It’s unclear why the salaries are different. They’re based on the lowest restricted free agent tender for the year.
quote:
The pay increases will add another degree of difficulty to the Saints' salary cap situation.
I'm not in the mood to do breakdown the lawyer speak and figure out the actual cap hits, but these escalators don't fully count against the cap (Lofton's does).
LINK
quote:
As far as the salary is concerned, the PPE shall equal the difference between (i) the amount of the Restricted Free Agent Qualifying Offer for a Right of First Refusal Only as set forth in, or as calculated in accordance with, Article 9 for the League Year in such player's fourth season and (ii) the player's year-four Rookie Salary (excluding signing bonus and amounts treated as signing bonus). The resulting amount shall be added to the stated amount of the player's year-four Paragraph 5 Salary.
Posted on 1/16/15 at 11:32 am to LSUSoulja08
quote:
The fact that we pay Corey White at all makes me sick
look at it this way, he has to justify that extra money on the field now vs being a minimum guy. If guy b at half salary can perform equally, you know how that ends.
Posted on 1/16/15 at 11:48 am to sicboy
quote:
Pay raises for
quote:
Corey White
Posted on 1/16/15 at 11:51 am to c on z
Lofton worked for that money, the others didn't.
Posted on 1/16/15 at 12:08 pm to sicboy
Also, the bonus isn't guaranteed. We could probably just cut White and re-sign him at the minimum if we wanted.
Posted on 1/16/15 at 12:16 pm to sicboy
frick Corey White. It's a crime he gets that amount of money
Posted on 1/16/15 at 1:54 pm to BilJ
quote:WHAT?! HOW?
White’s from $660,000 to $1,574,000,
Posted on 1/16/15 at 2:12 pm to The Sad Banana
quote:
HOW?
prolly cause we played him so much.... not like he was hardly used, you just didn't like a lot of results.
Posted on 1/16/15 at 2:57 pm to sicboy
quote:
He’s also due a roster bonus of $4.5 million this year, bringing his 2015 total to $7.25 million in salary and bonuses.
That’s pretty steep, especially considering the Saints' cap situation. But as I wrote Thursday, Lofton probably earned it with a strong 2014 campaign in which he ranked fourth in the NFL with 145 tackles.
It's a roster bonus. Convert it to a signing bonus and it becomes less steep for 2015
Posted on 1/16/15 at 5:06 pm to sicboy
LSU has corner backs who are better than Corey White. I can't believe we can't find anyone who can beat him out, especially since we drafted a CB in the 2nd round.
Posted on 1/19/15 at 10:54 am to Geaux8686
quote:
I can't believe we can't find anyone who can beat him out, especially since we drafted a CB in the 2nd round.
Scouting dept. sucks
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