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re: Field Yates w Drew cap numbers
Posted on 3/14/18 at 9:07 am to bonethug0108
Posted on 3/14/18 at 9:07 am to bonethug0108
Yeah Spotrac with Coleman, Brees, Snead added and Strief subtracted has us at 9.8M
1
Posted on 3/14/18 at 9:08 am to moock blackjack
If any of y'all had paid attention drew still was counting 18 mil against the cap weather or not he was on the ten this year so in all actuality it is only 6 mil more
Posted on 3/14/18 at 9:10 am to Rand AlThor
quote:
Using @spotrac as my reference, the Saints have around $10 million left under the salary cap. I’m including Coleman’s deal (not on the site). The site also includes estimated cap costs for each draft pick
Bad move Larry. spotrac doesn't do effective cap space for draft picks, just actual space.
Each pick replaces someone in the Top 51, meaning each pick will cost about $600k less because of this.
Really only the first round pick will dent our cap. If we stay put I think it'll add about $2-2.5 mil to the cap with all the picks.
So accounting for that we have roughly $9-10 mil in space. Adding in the 52nd and 53rd players it's about $8-9 mil. But between now and then people can be cut or take paycuts so right now if we want it's about $12 mil.
Posted on 3/14/18 at 9:12 am to Rand AlThor
quote:
Yeah Spotrac with Coleman, Brees, Snead added and Strief subtracted has us at 9.8M
Forgot about Snead and Strief. I think Strief and Coleman basically cancel each other out. Not sure what Snead's number is but I'm guessing $1.5 mil max.
Posted on 3/14/18 at 9:12 am to bonethug0108
Not to mention we have not done our annual contract purge/restructuring. If there was a guy the Saints had to have, the cap would not be holding us back in the slightest.
Posted on 3/14/18 at 9:14 am to Rushin88
quote:
If any of y'all had paid attention drew still was counting 18 mil against the cap weather or not he was on the ten this year so in all actuality it is only 6 mil more
False. He was only counting $6 mil, so this adds $18 mil.
The other $12 mil only came into play if he had hit FA, which he didn't. That means he counts $6 mil (plus new money) next year and $6 mil in 2020.
Posted on 3/14/18 at 9:15 am to Seeker
quote:
Plus he was reportedly offered 2 year 60 mill all guaranteed and turned it down. He could have held the Saints feet to that fire and what would we have done? Signed Cousins?
No offense, but this is likely not true and purely a Pr move to try and make Drew look like he took a huge cut. Facts are likely this was no where near the offer any other team made. Even Cousins only got $28 mil per year. Brees got $27 mill for this year.
Posted on 3/14/18 at 9:19 am to moock blackjack
quote:
Field Yates w Drew cap numbers
Still like this deal, Chad???
24 of our 32 cap space right here.
I know Drew supposedly had better offers which he never was going to take but I was hoping he would have helped the team more.
After all he has earned close to 200 million as a professional QB and he has said winning is more important. But he still took his money.
He took market value, which any reasonable human being would do.
If you have a top flight QB, they are going to heavily count against your cap. He still falls in that category.
Posted on 3/14/18 at 9:19 am to Rand AlThor
quote:
couple of restructures right? Bone had the list but I didn't save it
I think Jordan, Armstead, and Unger have roster bonuses that can convert to save money. Unger's wasn't much.
Also Hill and/or Hooman and Banjo could be cut or take paycuts. Morstead may get extended to lower his hit.
Money is definitely not keeping us from signing people. It just seems we have a value in mind for players and aren't willing to overpay (though I thought we overpaid for Klein last year).
This post was edited on 3/14/18 at 9:21 am
Posted on 3/14/18 at 9:23 am to bonethug0108
So we’re being smart.
Posted on 3/14/18 at 10:54 am to moock blackjack
quote:
Still like this deal, Chad???
24 of our 32 cap space right here.
of course. we haven't made the first cap saving space move yet. chill out little guy.
Posted on 3/14/18 at 12:23 pm to Rand AlThor
This cap hit alone shows the Saints are not going to overpay for FA's. Eventually they will have to deal with the dead money from Brees. This 2019 cap hit also shows that they are going to invest in a top rated rookie QB at some point....
Posted on 3/14/18 at 12:24 pm to Geauxgurt
Certainly no Tom Brady mindset
Posted on 3/14/18 at 1:17 pm to PUB
we gonna carry quite a bit in 2020 dead money but its 100% worth every penny
quote:
Mike Triplett
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That makes the most sense -- and adds up to the $24M and $33.5M cap charges over the next two years that @FieldYates reported (with $10.5M dead money left over in 2020). Or they can convert roster bonus next year and make it $27.5M in 2019 and $16.5M dead in 2020.
Posted on 3/14/18 at 1:20 pm to Chad504boy
Yeah I figured he had a roster bonus next year to push the money.
So we have to pay that bonus or cut bait next year. This will be an interesting year.
Just curious where the extra $4.5 mil in 2020 came from. Seems something isn't being reported correctly and the signing bonus is spread over 3 years.
So we have to pay that bonus or cut bait next year. This will be an interesting year.
Just curious where the extra $4.5 mil in 2020 came from. Seems something isn't being reported correctly and the signing bonus is spread over 3 years.
Posted on 3/14/18 at 1:28 pm to bonethug0108
Doing the math, 24 + 33.5 = 57.5. Take away the 6 mil in 2018 and 2019 and that's 45.5, leaving 4.5 for 2020.
So it seems the signing bonus reported may only be counting 2018 and 2019. I'm guessing it's actually $14.5 mil. That's splits about $4.8 mil.
So it seems the signing bonus reported may only be counting 2018 and 2019. I'm guessing it's actually $14.5 mil. That's splits about $4.8 mil.
Posted on 3/14/18 at 2:09 pm to Geauxgurt
quote:
Well, looks like Drew really did a ton to help this team have flexibilty and get better.
Considering that Loomis had structured deals where we owed 18 million regardless to the cap, what can you do.
Signing a 2 year deal splits that to 9 million toward the cap over what he is getting paid each season. So if Brees is getting 25 million a year then it is really 34 million against the cap.
Posted on 3/14/18 at 3:14 pm to moock blackjack
quote:He turned down $60 mil guaranteed, what more do you want from him.
I know Drew supposedly had better offers which he never was going to take but I was hoping he would have helped the team more.
Posted on 3/14/18 at 3:14 pm to Geauxgurt
quote:Well, he did.
Well, looks like Drew really did a ton to help this team have flexibilty and get better.
quote:
I wish people would stop stating how much he cares about winning. I am not saying he doesn’t care, but Drew is and has always been about Drew. Nothing wrong with it, but don’t try to act like he isn’t for some faux image.
Posted on 3/14/18 at 3:17 pm to PUB
quote:What's Brees's wife make compared to Brady's?
Certainly no Tom Brady mindset
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