Sign InRegister 
Saints Talk
Return•Bottom
Next Page »
Page 1 2
Page 1 of 2
Started By
Message

Updated Roster & Salary Cap Issues

Posted on 3/8/21 at 4:52 am
Posted by GMoney2600
Baton Rouge
Member since Oct 2005
14108 posts
Back to top
Posted on 3/8/21 at 4:52 am
90 players is the off-season roster max. We currently have 55 total players under contract for 2021.

These are all the relevant off-season transactions since February
-Feb 5th - Reduced QB Drew Brees' 2021 salary from 25 mil to 1.075 mil for release purposes, & lowered his 2021 cap # from 36.15 mil to 12.225 mil. Created 23.925 mil in cap space
-Feb 12th - Released OG Nick Easton, & created 5.875 mil in cap space. Took a 1.0 mil dead money hit
-March 2nd - Signed DE Noah Spence to a 1 year, 990 k contract extension. His 2021 cap # is 850 k
-March 3rd - Converted 6.51 mil of DT David Onyemata's 2021 salary & bonus into signing bonus, & lowered his 2021 cap # from 10.0 mil to 5.66 mil. Created 4.34 mil in cap space
-March 3rd - Signed FS J.T. Gray to a 2 year, 4.0 mil contract extension. His 2021 cap # is 1.5 mil
-March 3rd - Released TE Josh Hill, & created 2.5 mil in cap space. Took a 750 k dead money hit
-March 3rd - Released TE Jared Cook. Took a 2.0 mil dead money hit
-March 4th - Released P Thomas Morstead, & created 2.5 mil in cap space. Took a 2.0 mil dead money hit
-March 4th - Converted 2.61 mil of K Wil Lutz' 2021 salary & roster bonus into signing bonus, & lowered his 2021 cap # from 4.7 mil to 2.96 mil. Created 1.74 mil in cap space
-March 6th - Signed RB Ty Montgomery to a 1 year, 1.12 million contract. His 2021 cap # is 987 k
-March 6th - Converted 5.225 mil of LB Demario Davis' 2021 salary/bonus into signing bonus, & lowered his 2021 cap # from 10.8 mil to 6.881 mil. Created 3.91 mil in cap space
-March 6th - Converted 12.725 mil of DE Cam Jordan's 2021 salary/bonus into signing bonus, & lowered his 2021 cap # from around 18.9 mil to 9.375 mil. Created 9.54 mil in cap space
-March 9th - FS Marcus Williams offered a 1 year 10.612 mil franchise tag
-March 9th - RB Dwayne Washington signed a 1 year, 990 k contract extension. His 2021 cap # is 987 k
-March 10th - Converted 5.125 mil of SS Malcolm Jenkin's 2021 salary into bonus, & created 3.416 mil in cap space
-March 10th - Converted 8.01 mil of OG Andrus Peat's 2021 salary into bonus, & created 6.0 mil in cap space
-March 10th - Released LB Kwon Alexander, & created 13.2 mil in cap space. Didn't take on any dead money
-March 10th - Released WR Emmanuel Sanders, & created 6.5 mil in cap space. Took a 4.0 mil dead money hit
-March 11th - Released CB Janoris Jenkins, & created 7.0 mil in cap space. Took a 7.2 mil dead money hit
-March 12th - Released DT Malcom Brown, & created 4.94 mil in cap space. Took a 1.5 mil dead money hit
-March 12th - Converted 11.61 mil of WR Michael Thomas' 2021 salary into bonus, & created 8.7 mil in cap space
-March 14th - QB Drew Brees announced his retirement
-March 14th - QB Taysom Hill signed a 1 year 12.159 mil restructured contract, & created 7.749 mil in cap space. His 2021 cap # is 8.41 mil
-March 15th - OT/OG James Hurst signed a 3 year, 9.0 mil contract. His 2021 cap # is 2.075 mil.


Based on these numbers...we've created 111.835 mil in cap space so far. We started off at about -105 mil.

We've added very small contracts like DE Noah Spence, FS JT Gray, RB Ty Montgomery, RB Dwayne Washington, & OT/OG James Hurst. They don't affect the cap very much since only the top 51 cap #'s are counted, but FS Marcus Williams definitely does with a cap # of 10.612 mil.

Spotrac has our estimated available cap space at -4.605 mil

-Drew Brees - 12.225 mil (2021)...Dead Cap - 22.65 mil...Dead Cap Post June 1st - 11.15 mil
-Taysom Hill - 7.749 mil (2022, but technically 2024)
-Jameis Winston - UFA
-Trevor Siemian - 990 k (2021)

-Alvin Kamara - 5.0 mil (2025)
-Latavius Murray - 4.187 mil (2022)...Dead Cap - 1.7 mil...Dead Cap Post June 1st - 850 k
-Ty Montgomery - 987k (2021)
-Dwayne Washington - 987 k (2021)
-Tony Jones Jr. - 780 k (2021)

-Michael Burton - UFA

-Mike Thomas - 10.1 mil (2024)
-Emmanuel Sanders - UFA
-Marquez Callaway - 783 k (2022)
-Tre'Quan Smith - 2.387 mil (2021)...Dead Cap - 204 k
-Deonte Harris - 853 k (2021)
-Lil'Jordan Humphrey - 850 k (2021)
-Juwan Johnson - 780 k (2021)
-Bennie Fowler - UFA
-Jake Kumerow - UFA
-Jake Lampman - 780 k (2021)

-Jared Cook - UFA
-Adam Trautman - 1.022 mil (2023)
-Garrett Griffin - 850 k (2021)
-Ethan Wolf - 660 k (2021)

-Terron Armstead - 16.225 mil (2021)...Dead Cap - 9.612 mil...Dead Cap Post June 1st - 4.537 mil
-Andrus Peat - 5.6 mil (2024)
-Cesar Ruiz - 2.881 mil (2023 + 5th Year Option)
-Erik McCoy - 1.66 mil (2022)
-Ryan Ramczyk - 11.064 mil (2021)
-Nick Easton - UFA
-James Hurst - 2.075 mil (2023)
-Ethan Greenidge - 852 k (2021)
-Derrick Kelly - 780 k (2021)
-Will Clapp - RFA
-Cameron Tom - UFA
-Calvin Throckmorton - 660 k (2021)

-Wil Lutz - 2.96 mil (2023)
-Thomas Morstead - UFA
-Blake Gillikin - 660 k (2022)
-Zach Wood - 1.175 mil (2023)...Dead Cap - 525 k...Dead Cap Post June 1st - 175 k

-David Onyemata - 5.66 mil (2022)
-Malcom Brown - UFA
-Sheldon Rankins - UFA
-Shy Tuttle - 851 k (2021)
-Malcolm Roach - 783 k (2022)
-Ryan Glasgow - 920 k (2021)
-Jalen Dalton - 660 k (2021)
-Christian Ringo - 920 k (2021)

-Cam Jordan - 9.375 mil (2023)
-Marcus Davenport - 4.372 mil (2021 + 5th Year Option)
-Trey Hendrickson - UFA
-Carl Granderson - 855 k (2021)
-Noah Spence - 850 k (2021)
-Marcus Willoughby - 660 k (2022)

-Demario Davis - 6.881 mil (2023)
-Kwon Alexander - UFA
-Alex Anzalone - UFA
-Zack Baun - 1.093 mil (2023)
-Kaden Elliss - 869 k (2022)
-Craig Robertson - UFA
-Chase Hansen - 780 k (2021)
-Andrew Dowell - 780 k (2021)
-Wynton McManis - 660 k (2021)

-Marshon Lattimore - 10.244 mil (2021)...Dead Cap - Nothing
-Janoris Jenkins - UFA
-Patrick Robinson - 3.85 mil (2021)...Dead Cap - 1.25 mil
-PJ Williams - UFA
-Justin Hardee - UFA
-Ken Crawley - UFA
-Grant Haley - 885 k (2021)
-Keith Washington - 660 k (2021)

-Marcus Williams - 10.612 mil (2021)
-Malcolm Jenkins on Spotrac - 5.033 mil (2023)
-Malcolm Jenkins on OverTheCap - 5.55 mil (2023)
-CGJ - 1.046 mil (2022)
-DJ Swearinger - UFA
-JT Gray - 1.5 mil (2022)

2021 Dead Money
-CB Janoris Jenkins - 7.2 mil
-DT Sheldon Rankins - 4.0 mil
-WR Emmanuel Sanders - 4.0 mil
-TE Jared Cook - 2.0 mil
-P Thomas Morstead - 2.0 mil
-DT Malcom Brown - 1.5 mil
-OG Nick Easton - 1.0 mil
-TE Josh Hill - 750 k
This post was edited on 3/15/21 at 6:57 pm
Replyreplies3...
Posted by GMoney2600
Baton Rouge
Member since Oct 2005
14108 posts
Back to top
Posted on 3/8/21 at 5:06 am to GMoney2600
These are the contracts that are the most probable for restructures, extensions, or trade bait. Possibly cut.

QB Taysom Hill - 16.159 mil
RB Latavius Murray - 4.187 mil
WR Mike Thomas - 18.8 mil
WR Emmanuel Sanders - 10.0 mil or 10.5 mil
LT Terron Armstead - 16.225 mil
LG Andrus Peat - 11.6 mil
RT Ryan Ramczyk - 11.064 mil
DT Malcom Brown - 6.443 mil
LB Kwon Alexander - 13.2 mil
CB Marshon Lattimore - 10.244 mil
CB Janoris Jenkins - 14.2 mil
CB Patrick Robinson - 3.85 mil

I would say SS Malcolm Jenkins, but I hope we don't touch his contract. His age makes it a bad idea to add more money to future years imo.

Same with Andrus Peat. I'd rather not add any money to his future years. I wouldn't restructure him, you can't cut him, but I would trade him if some team wanted him. I still can't believe Peat's cap # is 11.6 mil.
This post was edited on 3/8/21 at 5:09 am
Replyreplies0...
Posted by Suntiger
BR or somewhere else
Member since Feb 2007
32958 posts
Back to top
Posted on 3/8/21 at 5:13 am to GMoney2600
Taysom and Peat really needs to restructure.

Any chance we re-sign Hurst? He was really good this year.
Replyreplies1...
Posted by GMoney2600
Baton Rouge
Member since Oct 2005
14108 posts
Back to top
Posted on 3/8/21 at 5:24 am to Suntiger
quote:
Any chance we re-sign Hurst? He was really good this year.


I hope we do. I'd even give more than vet league minimum if that's what it takes to get him. Not a lot more, but I'd be cool with a cap # of like 2.0 mil. Maybe a tad bit more...like 2.1 mil or 2.2 mil. He was money for us last year, & he bailed us out on a few occasions. Even when he doesn't start, we use him as our 6th O-Lineman. He's a legit backup at LT & RT...he even started at LG 1 game I think.

quote:
Taysom and Peat really needs to restructure.


I'd rather not, but we might be forced to do so. CSP & Loomis have some tough decisions to make with only 9 days left to get under the salary cap.
This post was edited on 3/8/21 at 5:28 am
Replyreplies1...
Posted by VA LSU fan
Virginia
Member since Dec 2007
7891 posts
Back to top
Posted on 3/8/21 at 8:01 am to GMoney2600
Saints can get under the cap pretty quickly

Re sign Ram and Lattimore (Probably about a 6 mil savings on each)

Cut or extend Alexander (prefer cut but he is injured- so they have to wait)(13 mil if cut and probably 8+ mil if extended)

Restructure Hill and Armstead (can save about 7-10 mil on each)

Convert some of Thomas cap hit to a bonus (save about 5 mil)

Trade or cut Brown (saves another 5 mil)

All these moves get the Saints below the cap by 5-10 mil. Would be enough to tender Hendrickson with a 1st round pick.

I think some of the moves have not happened because if Armstead, Hill, Thomas, or Lattimore are involved in a trade for Russell Wilson then you will not do anything with their contract.

Replyreplies3...
Posted by Suntiger
BR or somewhere else
Member since Feb 2007
32958 posts
Back to top
Posted on 3/8/21 at 8:45 am to VA LSU fan
quote:
Cut or extend Alexander


I think they try to keep him. Cam was talking about how much he improved the defense once they traded for him (which is very true). But he’s never gonna give you a full season.
Replyreplies0...
Posted by yaboidarrell
westbank
Member since Feb 2017
5368 posts
Back to top
Posted on 3/8/21 at 8:57 am to VA LSU fan
quote:
Would be enough to tender Hendrickson with a 1st round pick.
Isn't Hendrickson an UFA? If so, he's not eligible for a tender.
Replyreplies1...
Posted by Spelt it rong
Louisiana
Member since Oct 2012
10016 posts
Back to top
Posted on 3/8/21 at 9:03 am to VA LSU fan
quote:
Cut or extend Alexander (prefer cut but he is injured- so they have to wait)(13 mil if cut and probably 8+ mil if extended)

Pretty sure we can't cut him yet.
Replyreplies0...
Posted by NOSHAU
Member since Feb 2012
11906 posts
Back to top
Posted on 3/8/21 at 9:03 am to yaboidarrell
quote:
Isn't Hendrickson an UFA? If so, he's not eligible for a tender.

Correct, he cannot be tendered. And if they restructure MT13, they could save almost $9 million. Surprised PRob has not been released yet.
This post was edited on 3/8/21 at 9:04 am
Replyreplies1...
Posted by Chad504boy
4 posts
Member since Feb 2005
166249 posts
Back to top
Posted on 3/8/21 at 9:05 am to NOSHAU
quote:
Surprised PRob has not been released yet.


they could be negotiating with each other.
Replyreplies1...
Posted by DomincDecoco
of no fixed abode
Member since Oct 2018
10875 posts
Back to top
Posted on 3/8/21 at 9:15 am to Chad504boy
quote:
PRob


quote:
they could be negotiating with each other.


need the depth especially if they have to trade 23

quote:
Correct, he cannot be tendered. And if they restructure MT13, they could save almost $9 million.


3rd round comp pick incoming from Trey, MT restructure or trade bait...kill 2 birds with 1 stone (salary / picks)

here is the next few years with MT as it stands now

This post was edited on 3/8/21 at 9:22 am
Replyreplies1...
Posted by GMoney2600
Baton Rouge
Member since Oct 2005
14108 posts
Back to top
Posted on 3/8/21 at 9:18 am to DomincDecoco
quote:
need the depth especially if they have to trade 23


PRob was surprisingly solid as backup outside CB last year.

3.85 mil isn't bad, but I'd like to get that number down just a little...like 2.5 mil. I'd take him for that all day.

He should be ok with that considering he never plays unless 1 of the starters at outside CB can't play. He didn't have many snaps last year, but played well when called upon.
This post was edited on 3/8/21 at 9:20 am
Replyreplies1...
Posted by GMoney2600
Baton Rouge
Member since Oct 2005
14108 posts
Back to top
Posted on 3/9/21 at 5:58 am to GMoney2600
Found an article very similar to this thread

LINK Saints Salary Cap Slasher Tracker

The Saints have done a good job managing their salary cap situation so far, but still have a lot of work to do ahead of March 17th.

It's not a matter of if, but when the Saints get under the NFL's salary cap number. New Orleans has done a ton of work thus far, to the despise of many who have talked at length about how detrimental the team's treatment of their contracts and cap management has put them into this position. All you have heard for months is that they were going to be nearly $100 million over, and that spelled the end for the Saints. In all fairness, no one saw COVID-19 coming, and that clearly put a big damper in things. Still, they are finding a way, and still have a long way to go.

We've put together a tracker that will keep a tally of all of the moves the Saints have made and update it as they come with the relevant information. Of course, it goes without saying that the craziest part in this equation is that the league hasn't finalized the number, and we're essentially in crunch time.

Current Cap Number: $243,070,098 (per NFLPA)
What's this mean? This is a report generated and updated daily, which takes a snapshot of how many players a team has under contract, each team's salary cap carryover, team cap, and total cap room. It's important to note that the Saints carried over $4.1 million in space from last season. This should explain why you might see a total team cap number and then the cap room varying from the NFLPA figure.

Total Top 51: $231,916,673
Why are we in Top 51? From the start of the new league year, which is March 17, to the first week of the regular season, only the top 51 salaries and highest valued contracts.

Estimated Space: -$43,926,169
How is this calculated? The final salary cap number has yet to be determined, but the lowest we will see in 2021 is $180 million. This would be the baseline figure to use until we get the final number.

Timeline: How the Saints have Slashed Away Money
3/6: Team restructured contracts of Cam Jordan and Demario Davis, freeing up $13 million.
3/4: Team released veteran punter Thomas Morstead, saving $2.5 million.
3/4: Team restructured contract of kicker Wil Lutz to create an additional $1.74 million.
3/3: Team released Josh Hill and Jared Cook, as the Hill move created an additional $2.5 million.
2/12: Team released veteran Nick Easton, saving $6 million.
2/6: Drew Brees lowers salary to league minimum, saving $24 million.
Replyreplies0...
Posted by Spelt it rong
Louisiana
Member since Oct 2012
10016 posts
Back to top
Posted on 3/12/21 at 9:07 am to GMoney2600
GMoney, would you be willing to put the current cap situation in your title so we can get this thread stickied? I believe we're around $12MM over at the moment after cutting Malcolm Brown (as if you weren't already aware)
Replyreplies1...
Posted by GMoney2600
Baton Rouge
Member since Oct 2005
14108 posts
Back to top
Posted on 3/12/21 at 9:17 am to Spelt it rong
I can do it later tonight. I'm bust today.
Replyreplies1...
Posted by Spelt it rong
Louisiana
Member since Oct 2012
10016 posts
Back to top
Posted on 3/12/21 at 10:15 am to GMoney2600
quote:
I can do it later tonight. I'm bust today.

I accept that.
Replyreplies1...
Posted by GMoney2600
Baton Rouge
Member since Oct 2005
14108 posts
Back to top
Posted on 3/12/21 at 7:58 pm to Spelt it rong
Just updated every thing as of Friday night...March 12th.

Let me know if you see any errors. I did this in kind of hurry.
This post was edited on 3/12/21 at 7:59 pm
Replyreplies1...
Posted by GMoney2600
Baton Rouge
Member since Oct 2005
14108 posts
Back to top
Posted on 3/12/21 at 8:02 pm to GMoney2600
The 7 main contracts that we might see some changes to are:

QB Taysom Hill
RB Latavius Murray
LT Terron Armstead
RT Ryan Ramczyk
CB Marshon Lattimore
CB Patrick Robinson
FS Marcus Williams

I would include Tre'Quan Smith, but I doubt he's going anywhere since we released Emmanuel Sanders.
This post was edited on 3/13/21 at 8:24 pm
Replyreplies1...
Posted by bonethug0180
Avondale
Member since Jul 2018
4351 posts
Back to top
Posted on 3/12/21 at 8:16 pm to GMoney2600
And Marcus Williams. He pretty much needs a long term deal for our cap (same as Lattimore and Ramczyk). The tag is just a placeholder.
This post was edited on 3/12/21 at 8:17 pm
Replyreplies1...
Posted by GMoney2600
Baton Rouge
Member since Oct 2005
14108 posts
Back to top
Posted on 3/12/21 at 8:16 pm to bonethug0180
Ah. Thanks for catching that.
Replyreplies1...
Saints Talk
Return To Board
Next Page »
Page 1 2
Jump to page
Return To Board
first pageprev pagePage 1 of 2Next pagelast page
Latest LSU News »
ESPN Names "Spring Overreaction" For LSU Football
Fox Sports' Joel Klatt Reveals His Post-Spring Top 25 Rankings For 2024
Four-Star Safety Omarion Robinson Shares Pictures From His Visit To LSU
LSU Baseball Report - May 6, 2024
Former LSU LB Christian Brathwaite Commits To New School
Sports Lite »
Legendary S.I.Swimsuit Model Nina Agdal Returns For 60th Anniversary Issue
Ben Simmons Made a Met Gala Appearance
Nikki Glaser Reads All The Jokes She Cut From The Tom Brady Roast
Eli Manning Had Perfect Response For Missing Tom Brady's Roast
'World's Hottest Track Star' Alica Schmidt Officially Qualifies For The Olympics,
Latest SEC Headlines »
Fox Sports' Joel Klatt Reveals His Post-Spring Top 25 Rankings For 2024
Snoop Dogg Is Sponsoring A College Football Bowl Game
New Bama Coach Kalen DeBoer Opens Up About Being More Of A Celebrity These Days
Auburn Lands Offensive Line Commitment From The Transfer Portal
Texas A&M Colton Thomasson Announces Transfer Commitment
Popular
Pic Of Brittany Mahomes Channeling Pamela Anderson Is Going Viral
Jay Johnson Comments On The Fan Interference Call In The 8th Inning
Kay Adams Shows Off Her Outfit At First Day Of Kentucky Derby
'World's Hottest Track Star' Alica Schmidt Ready For World Championships
Former LSU LB Christian Brathwaite Commits To New School

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

Facebook•Twitter•Instagram
Back to top Sign In/Register
View in: Desktop
Privacy•Advertising•Contact•Terms
Copyright @2024 TigerDroppings.com. All rights reserved.
Turn on Dark Mode