- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Saints down to $850K in cap space
Posted on 3/30/15 at 5:53 pm to eightynine
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
1
Posted on 3/30/15 at 6:29 pm to Meateye
Something I just learned the other day from over the cap is that every team has about half a mil of their cap put aside for offseason workout payments (each player earns $500 a day and you are credited money back for players that didn't workout every day).
And yes we were $1.7m under. Less the $500k makes it about $1.2m. Less the Ellerbe bonus (which I also heard was going to be on us and is prorated to help with our cap; originally it was thought to be on Miami) would put us around $500k.
Being that the Ellerbe bonus hadn't kicked in at the time Loomis was correct at that time. Come Wednesday that number will come down.
And as always there's discrepancy in the numbers reported from different sources. GMs and the NFLPA are the only 100% reliable sources.
And yes we were $1.7m under. Less the $500k makes it about $1.2m. Less the Ellerbe bonus (which I also heard was going to be on us and is prorated to help with our cap; originally it was thought to be on Miami) would put us around $500k.
Being that the Ellerbe bonus hadn't kicked in at the time Loomis was correct at that time. Come Wednesday that number will come down.
And as always there's discrepancy in the numbers reported from different sources. GMs and the NFLPA are the only 100% reliable sources.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News