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Saints restructure Hawthorne's deal
this is a discussion within the Saints Community Forum; The New Orleans Saints are continuing to work toward getting under the salary cap. In addition to the contract restructure for guard Ben Grubbs that we already told you about, they made another move. The Saints have cleared an additional ...
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02-27-2013, 06:00 PM
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The New Orleans Saints are continuing to work toward getting under the salary cap. In addition to the contract restructure for guard Ben Grubbs that we already told you about, they made another move.
The Saints have cleared an additional $2.05 million in cap space by restructuring the contract of linebacker David Hawthorne, according to a league source.  Hawthorne had been scheduled to receive a $3 million roster bonus on the third day of the league year. But the Saints erased that by giving Hawthorne a $3 million signing bonus on Tuesday. Instead of having the scheduled roster bonus all count toward this year’s cap figure, the signing bonus allows the $3 million to be spread out over the life of Hawthorne’s contract. Hawthorne’s cap figure has dropped from $4.76 million to $2.51 million. Saints restructure Hawthorne's deal - NFC South Blog - ESPN Attached Thumbnails
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02-27-2013, 06:03 PM
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Site Donor 2014
Truth Addict Join Date: Dec 2003
Location: Spanish Fort, AL (via NO and B/R)
Posts: 24,640
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Re: Saints restructure Hawthorne's deal
Was it a friggin group restructure meeting? Donuts, coffee, bran muffins and everything?
Wow. |
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02-27-2013, 06:04 PM
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Re: Saints restructure Hawthorne's deal
Originally Posted by Danno
Loomie and Sean trying to get some 'Bama players...
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02-27-2013, 06:09 PM
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#5 |
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Site Donor 2014
Truth Addict Join Date: Dec 2003
Location: Spanish Fort, AL (via NO and B/R)
Posts: 24,640
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Re: Saints restructure Hawthorne's deal
This just in...
BREAKING NEWS: Loomis just re-structured the National deficit and we're now running a $3 trillion surplus. OK OK, this is just getting absurd. Loomis... YOU THE MAN!!!! This also just in... BREAKING NEWS: Loomis just re-structured "THE MAN's" contract too. |
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02-27-2013, 06:10 PM
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Re: Saints restructure Hawthorne's deal
Originally Posted by Danno
Next man up is Brees!!!!
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02-27-2013, 06:11 PM
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#7 |
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Hou Saints Fan
Join Date: Sep 2009
Location: Houston, Tx
Posts: 5,050
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Re: Saints restructure Hawthorne's deal
Cut Will Smith and call it a day
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02-27-2013, 06:15 PM
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#8 |
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Mmm That Smell!
Join Date: Oct 1998
Location: Metairie Terrace
Posts: 3,073
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Re: Saints restructure Hawthorne's deal
This is starting to look like any other financial "Bubble".
The teams are paying out guaranteed $ for the ability to win now. If these dudes get hurt or suck, the Saints are on the hook for tons of "dead money" in their cap. Teams are banking on the cap increasing dramatically when the new tv contract kicks in. Are they right for gambling this way? |
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02-27-2013, 07:06 PM
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#9 |
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1000 Posts +
Join Date: Sep 2012
Location: WHO DAT NATION
Posts: 2,261
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Re: Saints restructure Hawthorne's deal
Originally Posted by RockyMountainSaint
The ultimate open ended question. We'll just see how this all plays out.
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02-27-2013, 07:40 PM
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#10 |
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1000 Posts +
Join Date: Dec 2010
Location: Houston Tx
Posts: 1,219
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Re: Saints restructure Hawthorne's deal
Originally Posted by RaginCajun83
And there it is do this and get all the way under the cap.
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| Posted By | For | Type | Date | Hits |
| The Latest New Orleans Saints News | SportSpyder | This thread | Refback | 02-27-2013 10:38 PM | 2 |
| Saints restructure Hawthorne's deal | This thread | Refback | 02-27-2013 06:37 PM | 22 |
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