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re: Roman Harper has restructured his contract

Posted on 5/24/13 at 5:25 pm to
Posted by bonethug0108
Avondale
Member since Mar 2013
12690 posts
Posted on 5/24/13 at 5:25 pm to
Definitely agree, but to this point if we could only keep one I'd want Harper over Jenkins.

From all indications so far it seems the Saints are leaning that way as they could have cut Harper next year (before the restructure) and have only been on the hook for his signing bonus. That may still be the case but it seems both sides want to give it a shot.

On the other hand Jenkins is heading into his final year and there has been no hint of an extension. This is a make or break year for him.
Posted by bonethug0108
Avondale
Member since Mar 2013
12690 posts
Posted on 5/25/13 at 12:22 am to
Looks like someone got the numbers on him. Not too bad for either party:

LINK

He got an additional $970,000 signing bonus in each of the 3 remaining years(for a $2.91 total new signing bonus).

His base salary this year is now only $840,000(vet minimum; originally $5.25 mil) and his cap hit is $3.66 mil(originally $7.1 mil).

His cap hit next year dropped from $7.9 mil to $5.87 mil. His dead money number is pretty high($3.69 mil) so we'd now only cut him if he completely flamed out or we were desperate for cap space(he'd save only $2.18 mil; cutting Jenkins this year would save $2.51 mil in comparison).

2015 his cap hit actually drops down to $4.47 mil and cutting him would save $3.5 mil(only $970,000 in dead money). This will likely be the year to watch as his cap hit isn't that high but we will likely be extremely strapped for cap. Could go either way.
This post was edited on 5/25/13 at 12:33 am
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