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Nick Underhill explains how we can clear 80 Million cap space with no casualties

Posted on 1/18/22 at 2:42 pm
Posted by tigersquad89
Raleigh, NC
Member since Oct 2014
7897 posts
Posted on 1/18/22 at 2:42 pm
LINK

This guy is one of the best beat writers in all of sports. Here is a quick video explaining how the Saints can clear 80 million in cap space without cutting anybody. If you are on Twitter I highly recommend following him.
Posted by PhillyTiger90
Member since Dec 2015
10716 posts
Posted on 1/18/22 at 2:48 pm to
quote:

the Saints can clear 80 million in cap space without cutting anybody.


JuJu come on down




Posted by Chad504boy
4 posts
Member since Feb 2005
166487 posts
Posted on 1/18/22 at 2:58 pm to
he also literally says that its not that we are not in cap hell.

Posted by schexyoung
Deaf Valley
Member since May 2008
6535 posts
Posted on 1/18/22 at 3:15 pm to
Pushing the bill to later years doesn’t “save” you anything.
Posted by ErikGordan
Member since Oct 2016
866 posts
Posted on 1/18/22 at 3:33 pm to
The casualties will be those free agents the Saints will be underable to resign and/or sign.

Posted by Mrwhodat
Member since Dec 2015
10296 posts
Posted on 1/18/22 at 5:06 pm to
Posted by GMoney2600
Baton Rouge
Member since Oct 2005
14126 posts
Posted on 1/19/22 at 7:36 am to
Just watched the video & these are all the transactions that he mentioned

Base Salaries converted to Singing Bonus

-Lattimore - 9.1 mil - saves 7.3 mil

-Ramczyk - 10.5 mil - saves 8.4 mil

-Mike Thomas - 15.35 mil - saves 10.2 mil

-Cam Jordan - 13.6 mil - saves 9.1 mil

-Demario Davis - 7.5 mil - saves 5 mil

-Onyemata - 7.5 mil - saves 3.8 mil

-Andrus Peat - 10.85 mil - saves 7.2 mil

-Bradley Roby - 9.5 mil - saves 7.1 mil

Roster Bonus converted to Singing Bonus

-Lattimore - 15 mil - saves 12 mil

-Ramczyk - 8.5 mil - saves 6.8 mil

-Kamara - 6 mil - saves 4.5 mil

-Taysom Hill - 9 mil - saves 7.2 mil

Three more cap #'s that might also need to be lowered

-Davenport - Playing on his 5th year extension. Has a base salary of 9.553 mil

-Malcolm Jenkins - Has 2 years left on his contract & he's already 34. I think the smart thing is to assume that 2022 will be his last year of legit play, & probably going to be cut in 2023.

Converting his 6.75 mil base salary into a signing bonus would save us about 3 mil, but it would also raise the dead money for 2023. That would make cutting him in 2023 harder to do. Hopefully the FO makes the right decision.

-Lutz - Converting his 3.4 mil base salary into a signing bonus would save us around 1.5 mil, I think

3 possible cuts to save some cap space

-Bradley Roby - Has a cap # of 10.081 mil, with a dead money hit of $0. Cutting him saves 10.081 mil

-Mark Ingram - Has a cap # of 2.211 mil, with a dead money hit of $0. Cutting him saves 2.211 mil. Wouldn't do it unless he loses it next year

-Kpassagnon - Has a cap # of 3.1 mil, with a dead money hit of 400 k. Cutting him saves 2.7 mil. I wouldn't do this though
This post was edited on 1/19/22 at 9:51 am
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