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Playing with the cap space: 100mil over, we're still relatively okay
Posted on 11/23/20 at 7:00 pm
Posted on 11/23/20 at 7:00 pm
Since the topic comes up over and over, decided to take a look. Loomis is gonna have to work because that 100mil is VERY difficult to do.
Notable free agents: Trey Hendrickson, Jared Cook, Marcus Williams, Alex Anzalone, Jameis Winston, Sheldon Rankins, PJ Williams, Craig Robertson, Justin Hardee, JT Gray, and Michael Burton
If this is Brees' last year, 13.5mil comes off the books. If that's the case and Taysom is your guy, extending could potentially save you another few million
Restructuring:
Cam Jordan, Mike Thomas, Janoris Jenkins, Andrus Peat, Demario Davis, and David Onyemata can save a potential/roughly 37mil
Extending:
Terron Armstead, Kwon Alexander, Ryan Ramczyk, and Malcom Brown can save roughly 30mil as well if all goes well depending on signing bonuses
Trade option:
Marshon Lattimore - can save 10.2mil
Cut options:
Nick Easton - saves 6mil, 1mil dead cap
Thomas Morestead - saves 2.5mil, 2mil dead cap
Patrick Robinson - saves 2.6mil, 1.25mil dead cap
Josh Hill - saves 2.6mil, 750k dead cap
After all that, we're now below the cap. woo!
Notable free agents: Trey Hendrickson, Jared Cook, Marcus Williams, Alex Anzalone, Jameis Winston, Sheldon Rankins, PJ Williams, Craig Robertson, Justin Hardee, JT Gray, and Michael Burton
If this is Brees' last year, 13.5mil comes off the books. If that's the case and Taysom is your guy, extending could potentially save you another few million
Restructuring:
Cam Jordan, Mike Thomas, Janoris Jenkins, Andrus Peat, Demario Davis, and David Onyemata can save a potential/roughly 37mil
Extending:
Terron Armstead, Kwon Alexander, Ryan Ramczyk, and Malcom Brown can save roughly 30mil as well if all goes well depending on signing bonuses
Trade option:
Marshon Lattimore - can save 10.2mil
Cut options:
Nick Easton - saves 6mil, 1mil dead cap
Thomas Morestead - saves 2.5mil, 2mil dead cap
Patrick Robinson - saves 2.6mil, 1.25mil dead cap
Josh Hill - saves 2.6mil, 750k dead cap
After all that, we're now below the cap. woo!
This post was edited on 11/23/20 at 7:28 pm
Posted on 11/23/20 at 7:11 pm to htran90
I’m not sure we can afford to cut Easton, we need him as Peat insurance.
Posted on 11/23/20 at 7:13 pm to htran90
Patrick Robinson should stay based on his play this season. Easton has been good too when he plays. Peat gets some undeserved hate but re-signing him to a huge contract was a mistake.
Posted on 11/23/20 at 7:19 pm to htran90
Extending Lattimore and Ram will drop their cap hit significantly. Lots of restructures coming too. Honestly the situation is way overblown.
Posted on 11/23/20 at 7:23 pm to fightingtigers98
doesn't the front office deal with this every year and it always works out? Excited to see how they make it work.
Posted on 11/23/20 at 7:29 pm to GeauxO19
The years (those 7-9 ones particularly) was maybe 40mil at most. This is substantial.
Posted on 11/23/20 at 7:30 pm to fightingtigers98
From what I understand, the saints are fine for 2021 but 22 could be a big issue.
Posted on 11/23/20 at 7:47 pm to DBG
with as much money as the NFL will lose this year , no way the cap goes up. If they can figure out how to make it work it will go down .
Posted on 11/23/20 at 7:54 pm to htran90
well I think if there's any front office that CAN make it work its ours.
Posted on 11/23/20 at 8:13 pm to htran90
Most of what you said makes sense but the best i disagree on how they do it. First off trading Lattimore is a huge mistake and i don’t think they do that. It starts first by extending Ram snd Lattimore and doing what loomis does best. Backload the contract. By doing that to Lattimer’s and Ram you save around 18 million if not more. We’re going to lose talent and unfortunately we will have to let most free agents walk. I think maybe one year deals for pj, anzelone, rankins if they take them for little money (which i think 2 or the 3 will). You have to restructure Peat, Kamara, Thomas, and Cam for certain snd possibly Davis and onyemata but i don’t think they will need to. I do think they bring back Jameis to compete with Hill it Drew does retire which i think is certain. Last and maybe unpopular i think you trade or cut janoris and you trade Armstead (there is a legit possibility Ram is our future LT). Easton may be kept but just depends on how they can lower the cap with latt and Ram. Those moves get us under and you have your core players set to play long term for you. We’ll have a plethora of picks (compensatory and trades) to reload and after next year they sit in a pretty good position with the cap.
Posted on 11/23/20 at 9:23 pm to RawDog7984
quote:
Most of what you said makes sense but the best i disagree on how they do it. First off trading Lattimore is a huge mistake and i don’t think they do that.
See, I don't think so either but Lattimore is an interesting player. He's not consistent enough that we should pay him elite money, but he's a damn good corner. The issue is the consistency and money invested. If he costs anywhere near what the young elite CBs make (like white), you gotta let him go.
If I told you some team offered a late 2nd/early 3rd, I think you'd have to consider it. Jack Rabbit has shown he still has a little more #1CB play before he hits that age wall.
quote:
It starts first by extending Ram snd Lattimore and doing what loomis does best. Backload the contract. By doing that to Lattimer’s and Ram you save around 18 million if not more
Unless I'm mistaken, that's nearly impossible to save 18mil by extending both as the signing bonus would hit you along with vet minimum being like 990k.
quote:
I think maybe one year deals for pj, anzelone, rankins if they take them for little money (which i think 2 or the 3 will). You have to restructure Peat, Kamara, Thomas, and Cam for certain snd possibly Davis and onyemata but i don’t think they will need to.
PJ, Anzalone, and Rankins may sign for minimum, but that's thinking ahead. gotta get below the cap first and its tricky
I think all 6 of those guys are gonna be restructured, there's no way around it the more I play with the #s
quote:
Last and maybe unpopular i think you trade or cut janoris and you trade Armstead (there is a legit possibility Ram is our future LT).
Cutting Jenkins saves 7mil with 7.2mil in dead cap, so it is reasonable. Him taking a pay cut is something you can consider as well.
Trading Armstead saves 6.675mil, but hits 9.6mil in dead space. He's in his last year, so like you said, possible to trade him as well if Ram is the LT.
quote:
Those moves get us under and you have your core players set to play long term for you
Doing those moves save you maybe 50mil, you're still 50mil short if the projected cap is to drop down to 175mil (the floor agreed by the NFLPA/NFL).
Now if the projected cap is at 200mil (similar to 2020) or at the projected prior to covid (210mil), we're actually in good enough shape, we could afford to not lose multiple contributors
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