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-   -   Restructuring of Contracts Consequences and Repercussions Thread (http://blackandgold.com/saints/55831-restructuring-contracts-consequences-repercussions-thread.html)

RockyMountainSaint 02-27-2013 06:20 PM

Restructuring of Contracts Consequences and Repercussions Thread
 
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?

RockyMountainSaint 02-27-2013 06:23 PM

Re: Restructuring of Contracts Consequences and Repercussions Thread
 
1 Attachment(s)
C'mon y'all smart Who Dats!

Let's check into what all of this "so called" restructuring means.

I smell a Conspiracy!

Danno 02-27-2013 06:48 PM

Re: Restructuring of Contracts Consequences and Repercussions Thread
 
Well if your sure that player will be around and perform, its a win-win.

Most of these guys were due this money anyway, so it helps to restrucure (or balance out) the cap hits. They're calculated risks we really had no alternatives to.

Hawthorne - Minor risk, minor injuries last year.
Colston - Anything can happen, but I expect him around a few more years
Grubbs - OG's typically have a long NFL career. Grubbs was a safe risk.
Evans- See Grubbs comments

The only HUGE risk will be Brees. If we convert most of his money to guaranteed and he gets seriously injured, we're up Falcon creek without a paddle.

Its a gamble no doubt, but on the surface looks to be relatively safe.

Jamessr 02-27-2013 07:01 PM

Re: Restructuring of Contracts Consequences and Repercussions Thread
 
Quote:

Originally Posted by Danno (Post 482475)
The only HUGE risk will be Brees. If we convert most of his money to guaranteed and he gets seriously injured, we're up Falcon creek without a paddle.

Its a gamble no doubt, but on the surface looks to be relatively safe.

We have Chase Danie..... Wait nevermind

saintsfan403 02-27-2013 07:01 PM

Re: Restructuring of Contracts Consequences and Repercussions Thread
 
At the same time, restructuring his contract so we can afford to keep a good oline will help to keep Drew healthy. Win-win.

RockyMountainSaint 02-27-2013 08:42 PM

Re: Restructuring of Contracts Consequences and Repercussions Thread
 
C'mon, how far can you kick the dead cap money down the road?

If a player has a "big" contract but doesn't perform? Cut him.

If you turn that into guaranteed dollars? You MUST pay that. It becomes dead money. If they have a career ending injury? You MUST pay that. Dead money.

I don't care that it is all the rage in the NFL, I don't think it is sustainable.

Danno 02-27-2013 09:05 PM

Re: Restructuring of Contracts Consequences and Repercussions Thread
 
Quote:

Originally Posted by RockyMountainSaint (Post 482491)
C'mon, how far can you kick the dead cap money down the road?

If a player has a "big" contract but doesn't perform? Cut him.

If you turn that into guaranteed dollars? You MUST pay that. It becomes dead money. If they have a career ending injury? You MUST pay that. Dead money.

I don't care that it is all the rage in the NFL, I don't think it is sustainable.

Its only dead money if the player is cut. If he plays all years of his contract, it simply makes each year more balanced cap wise.

hagan714 02-27-2013 09:10 PM

Re: Restructuring of Contracts Consequences and Repercussions Thread
 
yep bite the bullet for a year or two will save you tons of cap space.

besides these deal do not really kick money to the back end of the contract as much as reduce the back end of the contract by spacing the back end out over the length of contract.

Seer1 02-27-2013 09:34 PM

Re: Restructuring of Contracts Consequences and Repercussions Thread
 
1 Attachment(s)
Ummmm...

FinSaint 02-27-2013 09:42 PM

Re: Restructuring of Contracts Consequences and Repercussions Thread
 
Quote:

Originally Posted by Danno (Post 482475)
Well if your sure that player will be around and perform, its a win-win.

Most of these guys were due this money anyway, so it helps to restrucure (or balance out) the cap hits. They're calculated risks we really had no alternatives to.

Hawthorne - Minor risk, minor injuries last year.
Colston - Anything can happen, but I expect him around a few more years
Grubbs - OG's typically have a long NFL career. Grubbs was a safe risk.
Evans- See Grubbs comments

The only HUGE risk will be Brees. If we convert most of his money to guaranteed and he gets seriously injured, we're up Falcon creek without a paddle.

Its a gamble no doubt, but on the surface looks to be relatively safe.


Well put.

Hopefully the new TV deals will increase the cap more than the more conservative reports have stated they will, since these restructures are increasing the annual cap hit of the coming years, but still low risk moves IMO.


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