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Saints and Ramczyk agree to a restructured contract

Posted on 3/13/24 at 8:51 am
Posted by Chad504boy
4 posts
Member since Feb 2005
167065 posts
Posted on 3/13/24 at 8:51 am
@FieldYates
The Saints and RT Ryan Ramczyk agreed to a reworked contract that guarantees him $6.5M in 2024 (he previously had no remaining guarantees), with significant upside available as well.

Ramczyk’s cap number was $27.025M prior to this, but this deal will create cap savings for New Orleans.
Posted by Proximo
Member since Aug 2011
15582 posts
Posted on 3/13/24 at 8:53 am to
Posted by Spelt it rong
Louisiana
Member since Oct 2012
10053 posts
Posted on 3/13/24 at 9:12 am to
quote:

Ramczyk’s cap number was $27.025M prior to this, but this deal will create cap savings for New Orleans.

So what is it now? I'm honestly so confused at how Loomis has structured and restructured everyone's deals that I can't keep up.
Posted by Weekend Warrior79
Member since Aug 2014
16621 posts
Posted on 3/13/24 at 9:32 am to
His cap hit before the restructure was $17M salary & $10M in prorated bonuses. Have to assume they can't touch/stretch the bonus money. So if $6.5M is guaranteed, does that mean it's $6.5M salary, $10M from previous bonus, and now $10.5M over the next 5 years ($2.1M per year for 5 years)?

Would drop his cap hit from $27M to 18.6M; saving about $8.4M from the cap?
This post was edited on 3/13/24 at 9:33 am
Posted by blizzle
Dallas, TX
Member since Jan 2009
935 posts
Posted on 3/13/24 at 10:09 am to
I hope this is an indication that his offseason knee management plan is working and we think he'll be healthy in '24 (and '25?)
Posted by whatiknowsofar
hm?
Member since Nov 2010
21453 posts
Posted on 3/13/24 at 10:15 am to
2021-saints are fricked cap wise
2022-saints are fricked cap wise
2023-saints are fricked cap wise
2024-saints are fricked cap wise


Never fricking doubt the saints ability to manipulate the cap.
Posted by whodatfan
Member since Mar 2008
21349 posts
Posted on 3/13/24 at 10:38 am to
Where are we on the cap now? We good?
Posted by Borntoboogy
Member since Jan 2023
364 posts
Posted on 3/13/24 at 10:44 am to
Ok as long as it's for short term deal signings.
Nothing long term or yugge.
Posted by Deplorable Duke
Lousyana
Member since Nov 2016
2255 posts
Posted on 3/13/24 at 10:59 am to
Rampop!
Posted by uptowntiger84
uptown
Member since Jul 2011
3952 posts
Posted on 3/13/24 at 12:48 pm to
As long as Loomis is the GM we will be in cap hell forever.
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