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WhoDat!656 03-01-2012 09:05 AM

Saints are working on re-structured deal with Will Smith
Yahoo's Jason Cole reports that the Saints are working to restructure RE Will Smith's contract ahead of the start of free agency.

Smith is owed a $1 million roster bonus on March 27 and carries a $10.15M cap number, according to The Sideline View's Adam Caplan. By moving money around and guaranteeing some of Smith's base salary, the Saints could save $5 million to $6 million. Per Cole, the reworked contract "could be done today."

Source: Yahoo Sports!/JasonColeYahoo

Also this:

FinSaint 03-01-2012 09:09 AM


Saints are working on restructured deal with DE Will Smith to save $5 or $6 mill of cap $. Could be done today. No new $, just guar salary.

That's good news, it would be a shame to see him cut.

st thomas 03-01-2012 09:23 AM

there u go , loomis at work

jnormand 03-01-2012 09:29 AM

Nice. This is all part of the deal. Geaux Loomis! ****in genius!

AsylumGuido 03-01-2012 09:49 AM

This is just part of the "behind the scenes" groundwork that needs to take place before Drew's deal gets done. It looks as if Loomis is making a play to keep all three of the big FA's.

skymike 03-01-2012 10:16 AM

this is good news. If he wont restructure, it could be time for
new blood.

Lets also hope the Saints continue to find more "Colstons" and
"Pierre Thomas's" under rocks.

SapperSaint 03-01-2012 10:21 AM

Will has to know he is getting paid much more than he is procducing. If he does get released, it's not like another team or teams are out there chomping at the bit to get Will Smith. If he wants to play here.... he needs to restructure.

Mike, I think we will continue to find those diamonds.

halloween 65 03-01-2012 10:47 AM

This tells me where we are going in the draft,and get to see if he can at least play up to this money. Lord help us if he can't!!

ScottF 03-01-2012 10:54 AM

good for both sides- insurance for Smith, cap space for Saints

Anyone see the other Cole tweet? maybe we can kick the tires on Dan Morgan. Again

QBREES9 03-01-2012 11:05 AM

Great Idea

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