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Saints Talk Offseason Transactions & Cap Implications - Updated 3/15
Posted on 3/12/22 at 10:35 am
Posted on 3/12/22 at 10:35 am
I didn't see a cumulative thread listing our transactions and their cap implications, so this is my attempt at collecting that information for everyone.
Feb Transactions
Michael Thomas - Converted $14.3 mil of '22 salary and $250k roster bonus into a signing bonus; also added two voidable years. Cap created: $11.6 mil
Ryan Ramczyk - Converted $9.465 mil of base salary and an $8.74 mil roster bonus into a signing bonus.
Cap created: $14.5 mil
Mar Transactions
Andrus Peat - Converted $9.73 mil of '22 base salary to signing bonus; added two voidable years.
Cap created: $7.7 mil
Signed Juwan Johnson - 1 yr/$895k
Cap hit: $895k
Signed Ethan Greenridge, T - 1 yr/$1 mil ($895k base + $105k signing bonus)
Cap hit: $1 mil
Signed Carl Granderson - 2 years, $5.2 mil
'22 Cap hit: $1.045 mil
Restructured Cam Jordan - Converted $12.48 mil in base salary to signing bonus, making his base the minimum $1.12 mil. Cap savings: $10.7 mil
Restructured Tanoh Kpassagnon - Hard to find details of exactly how we did it, since it was in conjunction with the Jordan move, but his base moved from $2.5 mil to $1.035. Cap created: Roughly $1.75 mil
Alvin Kamara - Converted a $6 mil roster bonus and $4.465 of '22 salary into signing bonus. Cap created: $8.372 mil
Marshon Lattimore - Converted $8 mil of '22 base salary and $15 mil roster bonus into signing bonus.
Cap created: $18.45 mil
Deonte Harris - Assigned a 2nd round tender (restricted free agent). Tender value: 1 yr/$3.986 mil
Marcus Davenport - Converted $8.518M of 2022 salary into signing bonus, adding one additional void year.
Cap created: $6.8144M
Total Cap Created (As of 3/15): $79.89 mil
New Cap from Signings(As of 3/12): $2.94 mil
Current Salary Cap Number: $-2,991,219
Rookie Pool/Reserve Projections:
$7,537,981 - $9,380,325
Other Roster Move Candidates:
Taysom Hill
Terron Armstead
Malcom Jenkins
Bradley Roby
If there is anything I missed, or someone would like me to add, let me know and I'll edit
Feb Transactions
Michael Thomas - Converted $14.3 mil of '22 salary and $250k roster bonus into a signing bonus; also added two voidable years. Cap created: $11.6 mil
Ryan Ramczyk - Converted $9.465 mil of base salary and an $8.74 mil roster bonus into a signing bonus.
Cap created: $14.5 mil
Mar Transactions
Andrus Peat - Converted $9.73 mil of '22 base salary to signing bonus; added two voidable years.
Cap created: $7.7 mil
Signed Juwan Johnson - 1 yr/$895k
Cap hit: $895k
Signed Ethan Greenridge, T - 1 yr/$1 mil ($895k base + $105k signing bonus)
Cap hit: $1 mil
Signed Carl Granderson - 2 years, $5.2 mil
'22 Cap hit: $1.045 mil
Restructured Cam Jordan - Converted $12.48 mil in base salary to signing bonus, making his base the minimum $1.12 mil. Cap savings: $10.7 mil
Restructured Tanoh Kpassagnon - Hard to find details of exactly how we did it, since it was in conjunction with the Jordan move, but his base moved from $2.5 mil to $1.035. Cap created: Roughly $1.75 mil
Alvin Kamara - Converted a $6 mil roster bonus and $4.465 of '22 salary into signing bonus. Cap created: $8.372 mil
Marshon Lattimore - Converted $8 mil of '22 base salary and $15 mil roster bonus into signing bonus.
Cap created: $18.45 mil
Deonte Harris - Assigned a 2nd round tender (restricted free agent). Tender value: 1 yr/$3.986 mil
Marcus Davenport - Converted $8.518M of 2022 salary into signing bonus, adding one additional void year.
Cap created: $6.8144M
Total Cap Created (As of 3/15): $79.89 mil
New Cap from Signings(As of 3/12): $2.94 mil
Current Salary Cap Number: $-2,991,219
Rookie Pool/Reserve Projections:
$7,537,981 - $9,380,325
Other Roster Move Candidates:
Taysom Hill
Terron Armstead
Malcom Jenkins
Bradley Roby
If there is anything I missed, or someone would like me to add, let me know and I'll edit
This post was edited on 3/15/22 at 7:40 pm
2
Posted on 3/12/22 at 12:17 pm to OldNo.7
Good work 
What is the estimated money range needed for the draft signees?
What is the estimated money range needed for the draft signees?
Posted on 3/12/22 at 1:34 pm to Chrome
Goodbye Jenkins. Hopefully.
Posted on 3/12/22 at 2:10 pm to Patfic15
After all of that how much in total cap space do we have?
Posted on 3/12/22 at 2:14 pm to Chrome
quote:
What is the estimated money range needed for the draft signees?
Our projected rookie pool is $9,380,325 per over the cap, $7,537,981 per spotrac
This post was edited on 3/12/22 at 2:27 pm
Posted on 3/12/22 at 2:25 pm to BallHawk
Added to OP. We’re at about $-6,644,619 counting just the 51
Posted on 3/12/22 at 3:26 pm to OldNo.7
quote:
Our projected rookie pool is $9,380,325 per over the cap, $7,537,981 per spotrac
I think they only need like 3 mil to sign the rookie class though.
I could be wrong.
Posted on 3/12/22 at 5:09 pm to Chalkywhite84
Could be. I wonder if the pool isn’t intended to allow additional salary for potential trades that add picks vs the picks we know we have
Posted on 3/15/22 at 6:01 pm to OldNo.7
More cap created today. Converted $8.518M of Marcus Davenport’s 2022 salary into signing bonus, adding one additional void year, freeing up $6.8144M in cap
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