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Started By
Message
re: Junior Galette Restructured
Posted on 3/1/15 at 12:11 pm to cssamerican
Posted on 3/1/15 at 12:11 pm to cssamerican
A week seems fair
1
Posted on 3/1/15 at 1:02 pm to cssamerican
Nobody can take credit for it. This was a no brainer as soon as the contract was signed.
It's just a matter getting the word out about how this cap stuff works.
It's just a matter getting the word out about how this cap stuff works.
Posted on 3/1/15 at 2:21 pm to Laaz2750
His roster bonus was changed to a signing bonus.
Posted on 3/1/15 at 4:01 pm to oVo
so we owed him 12.5mil roster bonus. does this entire figure get off the books if converted into a signing bonus?
Posted on 3/1/15 at 4:36 pm to BlacknGold
quote:
so we owed him 12.5mil roster bonus. does this entire figure get off the books if converted into a signing bonus?
2.5 million would stay, 10 million would be knocked off this years cap.
Posted on 3/1/15 at 5:46 pm to MannyG
Yup. Basically it gets prorated over the last 5 years (including this year) so $2.5m is added to each year(and the original $12.5m is subtracted from this year).
So this year that's a savings of $12.5m less the $2.5m for a total of $10m in savings.
So this year that's a savings of $12.5m less the $2.5m for a total of $10m in savings.
Posted on 3/1/15 at 6:00 pm to MannyG
thanks. crazy how much you can immediately save by doing this type of thing.
Posted on 3/1/15 at 6:22 pm to oVo
quote:
Posted by oVo His roster bonus was changed to a signing bonus.
which was going to happen this year the second he signed his new contract. is your "source" the newspaper?
Posted on 3/1/15 at 6:49 pm to cgrand
Nah breh.
Posted on 3/1/15 at 7:18 pm to bonethug0108
So we will only be about 16 over the cap... 
Posted on 3/1/15 at 8:51 pm to sicboy
quote:
That's ME and Sean.
Posted on 3/1/15 at 9:23 pm to Fun Bunch
We are going to do the same with Byrd, Graham, and possibly Lofton and that will get us right around the cap. Cuts and/or pay cuts are going to happen(since they aren't touching Brees).
And technically speaking redoing Galette's bonus puts us at about $10m over.
And technically speaking redoing Galette's bonus puts us at about $10m over.
This post was edited on 3/1/15 at 9:27 pm
Posted on 3/1/15 at 9:40 pm to bonethug0108
Posted on 3/2/15 at 8:03 am to bonethug0108
quote:
We are going to do the same with Byrd, Graham,
Doesn't Lofton still make at min almost 7 million?
Is he still worth that?
Anyone in FA better and cheaper?
Bunk and I think White gets cut along with Hawthorn.
Posted on 3/2/15 at 9:14 am to goatmilker
They save $3m restructuring Lofton and I believe $4m cutting him.
I think they like him enough to keep him around one more year, especially since he's the only leader figure on that side of the ball.
I think they like him enough to keep him around one more year, especially since he's the only leader figure on that side of the ball.
Posted on 3/2/15 at 9:36 am to bonethug0108
Thanks. I like Stephon Anthony ILB Clemson in 3rd. Lofton or no. Seeing Rey fall to us at 13. What ya think? backside pursuit looks good. Has good 1st step to QB and seems to be able to play anywhere.
LINK
Posted on 3/2/15 at 9:54 am to goatmilker
Felly taking selfies boss
Posted on 3/2/15 at 10:52 am to 3HourTour
quote:
I nutted
Haven't heard that phrase in a while...
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