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Saints Cap Status

Posted on 3/12/24 at 11:26 am
Posted by Chad504boy
4 posts
Member since Feb 2005
166148 posts
Posted on 3/12/24 at 11:26 am
OTC has us a + 1 million in space.

It does not include a Michael Thomas June 1st cut designation that maybe improves +1.2 million.

It does not include a Marcus Maye cut, presumably a June 1st which would improve +7.2

It does not include an outright cut of James Hurst alone which would save 4.2.

It does not include a Lattimore move which he could be traded to add some sort of savings at a later date.

It does not include any trade/restructuring or even outright cut of Kamara or Taysom or Ramczyk.
Posted by bayou85
Concordia
Member since Sep 2016
8611 posts
Posted on 3/12/24 at 11:29 am to
Money isn't real in football.

ETA: I guess I should say contracts aren't real.
This post was edited on 3/12/24 at 11:33 am
Posted by Rand AlThor
Member since Jan 2014
9431 posts
Posted on 3/12/24 at 11:30 am to
We don't get the June 1 money until June so that doesn't really matter for cap compliance at this stage anyway

I'm sure they're waiting to see who they end up signing and what they want to pay them before they make some of the restructures and cuts that could get us more space.
Posted by Chad504boy
4 posts
Member since Feb 2005
166148 posts
Posted on 3/12/24 at 11:30 am to
quote:

We don't get the June 1 money until June so that doesn't really matter for cap compliance at this stage anyway



maybe but we are cap compliant at this time.
Posted by Snipe
Member since Nov 2015
10898 posts
Posted on 3/12/24 at 11:34 am to
quote:

It does not include an outright cut of James Hurst alone which would save 4.2.


Doubtful this happens.

quote:

It does not include a Lattimore move which he could be traded to add some sort of savings at a later date.



Possibly but a little less doubtful that Hurst.

quote:

It does not include any trade/restructuring or even outright cut of Kamara or Taysom or Ramczyk.


None of these guys are getting cut or traded.
Posted by Chad504boy
4 posts
Member since Feb 2005
166148 posts
Posted on 3/12/24 at 1:12 pm to
quote:

None of these guys are getting cut or traded.


I’d just say never say never
This post was edited on 3/12/24 at 1:12 pm
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