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Started By
Message
Armstead contract restructured 4M in cap space created
Posted on 3/23/17 at 7:22 am
Posted on 3/23/17 at 7:22 am
Now go sign someone else on defense!
Posted on 3/23/17 at 7:31 am to Lsujacket66
It's like Mickey just decided to start being a GM this year.
Posted on 3/23/17 at 7:36 am to Lsujacket66
But what could this mean???
Posted on 3/23/17 at 7:36 am to Lsujacket66
Hmm, I wonder if this is to accommodate Teo or if this is an indication that they've come to terms with Butler.
They still have more cap space incoming from the Byrd cut in June to help with rookie contracts
They still have more cap space incoming from the Byrd cut in June to help with rookie contracts
Posted on 3/23/17 at 7:37 am to Lilpickles
So the Saints still have an abundance of cap space...this could be interesting.
Posted on 3/23/17 at 7:40 am to WicKed WayZ
They had plenty room to sign Teo. They had room without doing this.
The only reason to do this is because a large move is coming.
The only reason to do this is because a large move is coming.
Posted on 3/23/17 at 7:41 am to Fun Bunch
So how much cap space is available now? how much is available after June 1st?
Posted on 3/23/17 at 7:42 am to Giuseppe
Should have at least 14 right now I think.
Posted on 3/23/17 at 7:44 am to Fun Bunch
Vaccaro is due up. Think he gets a deal before the season?
Posted on 3/23/17 at 7:44 am to Fun Bunch
quote:
The only reason to do this is because a large move is coming.
Yep
Posted on 3/23/17 at 8:03 am to GMoney2600
There also isn't really a reason not to do it with cap rollover, but it sounds like we may be getting a #1 corner today
This post was edited on 3/23/17 at 8:11 am
Posted on 3/23/17 at 8:09 am to TigerBait1127
Or that we are doing a deal with Vaccaro?
Posted on 3/23/17 at 8:11 am to Fun Bunch
Nah like I said when this was reported over a week ago this was likely an auto conversion written into the contract (so yeah this is VERY german).
We had about $15-16 mil in space and this puts us at about $19-20 mil (unless it was already counting but now I can't recall).
There's no move we could have made that we needed to do this for. We could sign Butler and extend Vaccaro (which might actually save cap) and still not have needed to do this.
That's why I believe it was an auto conversion.
We had about $15-16 mil in space and this puts us at about $19-20 mil (unless it was already counting but now I can't recall).
There's no move we could have made that we needed to do this for. We could sign Butler and extend Vaccaro (which might actually save cap) and still not have needed to do this.
That's why I believe it was an auto conversion.
This post was edited on 3/23/17 at 8:12 am
Posted on 3/23/17 at 8:19 am to bonethug0108
Reports are that we are at 9.9 in cap space
Posted on 3/23/17 at 8:20 am to bonethug0108
i could be completely wrong, but i'm not sure auto-converting bonuses is legal.
Posted on 3/23/17 at 8:28 am to WicKed WayZ
quote:
Reports are that we are at 9.9 in cap space
Because no one is counting the $3.2 mil we save from Byrd now (I think everyone is confused and think we save nothing until June 1st). And I believe they didn't count the $1.7 mil saved from Cooks.
Though it depends on what Sterling Moore got as his numbers aren't in yet. I'm not expecting more than $1.5 mil but he was getting other offers.
Posted on 3/23/17 at 8:30 am to Zach Lee To Amp Hill
quote:
i could be completely wrong, but i'm not sure auto-converting bonuses is legal.
It is and it happens every year. The player would just say yes anyway as they get that money upfront, and it's no different capwise from a manual conversion.
These things are written into the contract.
This post was edited on 3/23/17 at 8:31 am
Posted on 3/23/17 at 8:40 am to bonethug0108
Can't we extend Vacarro and have the contract start next year with no effect on the current season?
Posted on 3/23/17 at 8:54 am to Fun Bunch
quote:
Can't we extend Vacarro and have the contract start next year with no effect on the current season?
Sure, but we'd probably save more giving him more money upfront as a signing bonus.
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