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Saints down to $850K in cap space
Posted on 3/30/15 at 5:26 pm
Posted on 3/30/15 at 5:26 pm
LINK
quote:
The difference comes from linebacker Dannell Ellerbe’s deal. It was originally believed that a $2.1 million roster bonus due April 1 would count against the Miami Dolphins’ salary cap. Instead, it will count against the Saints’ cap at $700,000 per year from 2015-17.
This post was edited on 3/30/15 at 5:28 pm
Posted on 3/30/15 at 5:27 pm to eightynine
quote:
They’ll probably need to create about $2 million more in salary-cap space to fit in their draft picks, barring trades. And they’ll need even more if they plan to add any other free agents above the veteran minimum salary level.
Posted on 3/30/15 at 5:53 pm to eightynine
That number is wrong. Loomis just stated a week ago that we were $1.7 million under the cap. I think he would know better than anyone.
This post was edited on 3/30/15 at 5:54 pm
Posted on 3/30/15 at 6:03 pm to eightynine
quote:
The difference comes from linebacker Dannell Ellerbe’s deal. It was originally believed that a $2.1 million roster bonus due April 1 would count against the Miami Dolphins’ salary cap. Instead, it will count against the Saints’ cap at $700,000 per year from 2015-17.
That doesn't make any sense. Why would the roster bonus be prorated?
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