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Danno 12-22-2012 09:42 AM

Saints facing a cap mess in 2013
 
Quote:

Saints facing a cap mess in 2013
Posted by Mike Florio on December 22, 2012, 7:57 AM EST

Getty ImagesMentioned in Saturday’s one-liners is the possibility that the Saints will have to shed linebacker Jonathan Vilma and defensive end Will Smith, due to their cap numbers comes 2013.

It’s part of a broader cap mess that, as explained by Mike Triplett of the New Orleans Times-Picayune, has the Saints staring at a potential cap crunch of $16 million when the 2013 league year begins in March.

That number doesn’t include defensive lineman Sedrick Ellis and offensive lineman Jermon Bushrod, both of whom will be free agents and thus have no cap numbers for 2013, yet.

Smith has a base salary of $10.5 million next year, and Vilma is due to earn $6 million.

Complicating matters is that the team-by-team cap isn’t expected to go up much, if at all, from its $120.6 million level in 2013. And if quarterback Drew Brees is looking for an explanation, he should look no farther than his own contract, with a cap number that increases from $10.4 million in 2012 to $17.4 million next year.

It’s almost enough to make a suspended head coach with an expiring contract think about exploring all his options before signing a new deal.

Saints facing a cap mess in 2013 | ProFootballTalk
So we're 16 million over already and that doesn't include Bushrod and Ellis? Bushrod will easily add 4 to 6 million to that number easily. We have some restricted free-agents to sign, although no really big names.
Ellis, Bushrod, Henderson, Shanle, Casillas, McBride, Mack and Roby.


So how do we chop off 20 million? Loomis? Loomis? Anyone?

Restructuring several contracts may cut that figure in half, but then we're still over about 10 million.

It may be more dire than I originally thought. Loomis better pull a rabbit's foo outta his ass real quick.

Danno 12-22-2012 09:49 AM

Re: Saints facing a cap mess in 2013
 
This may help. especially since 2014 is the year the new TV conrtract will cause the cap to rise dramatically...

Quote:


According to a source with knowledge of the contract, Brees' $9.75 million base salary in 2013 will become fully guaranteed three days after Super Bowl XLVII. The Saints could ask Brees to reduce his base salary to the league minimum ($940,000) and convert the remaining $8.81 million into a signing bonus. If prorated over the four remaining seasons on Brees' contract, that simple restructure would reduce Brees' cap number to $10.7925 million, a cap savings of $6.6 million. The Saints could clear over $7 million in 2013 cap space if they tacked on an additional season to Brees' contract and prorated the renegotiated signing bonus over the maximum five seasons. Since the Saints are going to rob Peter to pay Paul, why not take as much as they can get now?

Drew Brees can help clean up Saints

So,
Restrucure Brees - 6.6 million
Release Smith - 7.7 million
Release Vilma - 6.0 million

There's 20.3 million, so now we need enough restructuring to resign Bushrod, or a comparable LT.

Its gonna be tight.

AllSaints 12-22-2012 09:53 AM

Re: Saints facing a cap mess in 2013
 
Have all the players with the highest contracts pick straws and the 3 lowest must restructure to help out... sounds logical... haha

Rugby Saint II 12-22-2012 03:42 PM

Re: Saints facing a cap mess in 2013
 
The way Loomis restructures deals scares the Hell out of me. Every year we are in cap Hell and trying to restructure the contracts that Loomis drew up.

Danno 12-22-2012 03:46 PM

Re: Saints facing a cap mess in 2013
 
Quote:

Originally Posted by Rugby Saint II (Post 467097)
The way Loomis restructures deals scares the Hell out of me. Every year we are in cap Hell and trying to restructure the contracts that Loomis drew up.

And I'm convinced he drew them up with the knowledge that they can either be restructured or the player be released if required.

QBREES9 12-22-2012 05:37 PM

Re: Saints facing a cap mess in 2013
 
In Loomis I Trust.

LBCutta 12-22-2012 06:39 PM

Re: Saints facing a cap mess in 2013
 
Will Smith and Vilma are goners next year

NOLA54 12-22-2012 07:24 PM

Re: Saints facing a cap mess in 2013
 
It’s almost enough to make a suspended head coach with an expiring contract think about exploring all his options before signing a new deal.

This is a bull**** statement! The team was in much more critical shape when he took over. Would SP walk away from a challenge? Would he walk away from a franchise who still has Brees and has Loomis and an organization who has given him the opportunity & has supported him throughout the suspended season?

If SP walks away I will never be able to foregive him or the organization.

jeanpierre 12-22-2012 07:36 PM

Re: Saints facing a cap mess in 2013
 
Drew would you like to have a large trust and a beautiful wife, both you won't be able to enjoy because every pass rusher in the league is pi$$ed how much you make and all will slam your head into the turf of their respective astro-turf fields or frozen tundras...or...

Would you like to have a nice nestegg and a Left Tackle to protect you so you will be afforded a post playing career as well as spend quality time with your family?!?

Tom Condon got his skin and your name on his trophy wall so he can corrupt, er sell future draft prospects on how important they are to him...

So what's it gonna be?!?

You gonna have cred or mo money?!?

jeanpierre 12-22-2012 07:40 PM

Re: Saints facing a cap mess in 2013
 
Quote:

Originally Posted by QBREES9 (Post 467113)
In Loomis I Trust.

No Thanks...

There can only be one...

Saintaintso 12-22-2012 08:05 PM

Re: Saints facing a cap mess in 2013
 
I don't think we should say goodbye to Vilma Just yet. He's been injured this entire season in and out of the courtroom , playing with a new DC and SP is gone. That was hardly a fair shake. And he still performed better than expected. Lofton and Vilma are sure Tacklers ... As a Saints fan the last thing I want to see is us giving up a Pro Bowl Linebacker for a Shoestring diving idiot.

Smith to me is long gone. No production at all for what we are paying him ...

Restructure Brees , Graham in a backloaded contract.

Heck if we're getting rid of anyone I want at least 1 of the RB's gone , and Roman Harper. That man can't cover his feet with a Blanket in bed.


Sign Dwight Freeney or Draft a Stud DE ,

QBREES9 12-22-2012 09:13 PM

Re: Saints facing a cap mess in 2013
 
Roman Harper. That man can't cover his feet with a Blanket in bed.

Now thats funny !

lumm0x 12-22-2012 09:45 PM

Re: Saints facing a cap mess in 2013
 
I think they find a way to bring back Vilma at a friendlier number.

Beastmode 12-22-2012 11:07 PM

Re: Saints facing a cap mess in 2013
 
Loomis looked at all this and developed several courses of action. Not that concerned about it.

Nemesis 12-22-2012 11:19 PM

Re: Saints facing a cap mess in 2013
 
Brees isn't about to restructure anything other than his man cave. His contract is just was he demanded. It's easy for the most ill-informed to suggest restructuring his freshly minted deal, along with the others proclaiming how they'd offer various FA talents vet minimum with a "heavily incentive laden contract." Players will only hand you a hearty FU through their agents, then sign elsewhere. Did Peyton offer to renegotiate?

I've seen dozens of posts hollerin "Just pay the man whatever he wants." during negotiations with Brees. I couldn't disagree, considering the value of Brees to this franchise. Simple fact is that the Saints had no choice if they'd like to see the promised land again over the next 3 years. We really can't compete for any D FA studs due to this deal. Players and depth will be lost, yet we likely can't get another franchise QB anytime soon. I simply cannot hate on any NFL player getting all they can while the gettin's good. The next snap may easily be their last.

Well played, Drew. You've earned it, dawg.

jeanpierre 12-23-2012 10:59 AM

Re: Saints facing a cap mess in 2013
 
Quote:

Originally Posted by Nemesis (Post 467153)
Brees isn't about to restructure anything other than his man cave. His contract is just was he demanded. It's easy for the most ill-informed to suggest restructuring his freshly minted deal, along with the others proclaiming how they'd offer various FA talents vet minimum with a "heavily incentive laden contract." Players will only hand you a hearty FU through their agents, then sign elsewhere. Did Peyton offer to renegotiate?

I've seen dozens of posts hollerin "Just pay the man whatever he wants." during negotiations with Brees. I couldn't disagree, considering the value of Brees to this franchise. Simple fact is that the Saints had no choice if they'd like to see the promised land again over the next 3 years. We really can't compete for any D FA studs due to this deal. Players and depth will be lost, yet we likely can't get another franchise QB anytime soon. I simply cannot hate on any NFL player getting all they can while the gettin's good. The next snap may easily be their last.

Well played, Drew. You've earned it, dawg.

He won't win another SuperBowl if he doesn't have the supporting cast...

Danno 12-23-2012 11:19 AM

Re: Saints facing a cap mess in 2013
 
Quote:

Originally Posted by QBREES9 (Post 467141)
Roman Harper. That man can't cover his feet with a Blanket in bed.

Now thats funny !

It would be funny if it was even close to true, but it isn't.

thefifthwall 12-23-2012 09:21 PM

Got a lot of over priced players under performing. Don't see the cap problem. Only problem I see is if we keep them. If you're the worst defense of all time then you can't do much worst in rebuilding.

SaintPauly 12-23-2012 10:04 PM

Re: Saints facing a cap mess in 2013
 
Is graham still under contract? What about Sproles?

saintfan 12-23-2012 10:28 PM

Re: Saints facing a cap mess in 2013
 
No doubt Loomie has it under control. I doubt he woke up one morning and said, "jeesh, we're screwed."

I'm not worried. Frankly, as has been mentioned here any many times before, we need to keep the core together and I think we will, but we have some high-priced dead weight, especially on defense, that probably won't be on the team next year.

Not worried about it a'tall.

LivnaLieTimay 12-23-2012 11:42 PM

Re: Saints facing a cap mess in 2013
 
I'm not worried about our cap for 2013. Drew will restructure his base salary of 17.4 million to get more guaranteed. This year the Giants restructured Eli's deal so he was only making 1.75 million base and the rest is guaranteed for 2012. Drew will still get the same amount of money, it will just be more in guaranteed. Players love guaranteed money and this helps our cap. Let's say Drew does something similar to Eli and takes a base of 2 million then he gets 15.4 million guaranteed. That frees up 15.4 million of our cap. There you go, that's almost all of the 16 million the article talks about. Expect Drew and the Saints to rework his deal each year, he'll keep on lowering his base salary to make more guaranteed. This is just an article trying to stir the pot. This is GM 101, Mickey knows this and we'll be fine.

TheOak 12-24-2012 07:12 AM

Don't get too caught up in the cap issue. The way Loomis handles cap space translates to no real tangible numbers to go off of.

When you look at the way he can manage to restructure anyone, probable cuts, rookie cap, trades and free agency options.....

It's like siting down to build a Lego castle and all of your blocks are made of Play Dough.

Danno 12-24-2012 09:27 AM

Re: Saints facing a cap mess in 2013
 
Just to recap...

Releasing Smith - $7.72 million
Releasing Jonathan Vilma - $6 million
Brees' contract conversion - $6.6 million
Jahri Evans' contract conversion - $5 million
Guard Ben Grubbs contract conversion - $3.3 million


There’s 28 million right there. Now we're 8 million UNDER the cap. I hate to lose Vilma and Smith, but I think we can survive. And who knows, maybe they both resign at cap friendly deals.

TheOak 12-24-2012 10:59 AM

Can you caption your recap on the cap?

vpheughan 12-24-2012 03:12 PM

Re: Saints facing a cap mess in 2013
 
If Payton walks how can the organization be at fault?
The Organization: "Take this big fat contract!!" Payton: "No."
Oh, yeah, I see it now!! LOL

vpheughan 12-24-2012 03:26 PM

Re: Saints facing a cap mess in 2013
 
Brees winning the arbitration suit is the reason he got the contract. Yes, he had some bad games but ask the Cardinals, Raiders,Jets ect. if they would pay for an elite QB? Enjoy watching him while you can.

Papa Voodoo 12-26-2012 10:25 AM

Re: Saints facing a cap mess in 2013
 
We shoudl drop Ellis, Bunkley, Harper, Will Smith, Vilma, and Jenkins if possible. None of them are worth their contracts. Sign Bushrod and Graham. Bring in some new players on the O line and D. Trade Ivory and Cadet.


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