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re: Cap update: ~$2m over, Will Smith update: still fat
Posted on 3/1/13 at 7:09 pm to landrywasbeast30
Posted on 3/1/13 at 7:09 pm to landrywasbeast30
quote:
I repeated this point over and over and over to monroesaintsfan and the guy never understood lol
From me the other night which is what you're referring to above:
quote:
He's due roughly 5.5 million in guaranteed money this year and roughly 3.5 million next. If he were to sign for the minimum (and forget that, he can get more than the minimum) and you pro-rated his existing bonus (and I don't think it can be pro-rated unless he's cut, could be wrong) it would still come up to roughly 5.5 million. He can be cut now with the bonus to be pro-rated over two years for a 4.5 million hit this year and next.
From a Mike Triplett article in the Picayune on Feb. 26: LINK
quote:
If the Saints release Smith, his cap number will drop from $14.5 million to $4.4 million, with another $2.4 million still on the books next year.
Triplett's numbers actually look better than what I came up with. I could be wrong but I'm believing he probably studies this stuff as much or more than anybody on this message board.
There is a certain amount of guaranteed money that is due Smith no matter what happens....unless you maybe think he's gonna give some of it back. There is also a certain amount of dead money to be factored in whether he goes or stays. Now maybe you're thinking a slow, fat 32 year old DE needs to be restructured and years added to his contract to spread the money out....if so, say it.
Look Pal, posting and reposting the same thing over and over doesn't mean anything.
Try forming an argument if you actually have one or just move on.
This post was edited on 3/1/13 at 9:04 pm
Posted on 3/1/13 at 9:07 pm to monroesaintsfan
LINK
WWL guy (Bradley Handwerger?) says we have $2.5m to go in an awkwardly worded sentence:
That $4.4m doesn't make sense, but whatever.
WWL guy (Bradley Handwerger?) says we have $2.5m to go in an awkwardly worded sentence:
quote:
factoring in a $2.7 million cap adjustment, the Saints sit at $125.5 million in dedicated cap dollars. The cap ceiling will reportedly be $123 million and that puts New Orleans about $4.4 million over while only $2.5 million over.
That $4.4m doesn't make sense, but whatever.
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