Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 

Good Move !

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 

:no: You gotta be kidding me.
I could have spent the money much wiser. :brood:

4 mill a year for a player that could not break into the starters roll? :mad:

this has to be a mistake. :confused:

if it is not it still is. :pissed:

just when Micky was looking so good. tisk tisk.:nono:


You could have held onto Jr and probably could have added Victor Butler for the same hunk of cheese :censored: or any other 2nd tier vet out there in FA.:bang:

i will wait :bugeyes: for some thing besides a tweet and pray the details are better than this :ohno:

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 

Hopefully Galette's tweet isn't reliable - they often aren't - so maybe it'll be 3-years/$4M total, which would seem much more accurate given that he hasn't really done anything to warrant a $4M/year contract.

Maybe a period mistake $12M -> $1.2M/year?



From the NOLA article on the topic:



If that's true, then the $4M/per year contract would seem all the more unlikely given that it's double what they were prepared to tender him with.

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 

I'm with fin on this. I too think a period was missing in the tweet.

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 

It could also be very back-loaded. 2-4-6 million, if incentives are met.

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 

That assumption is incorrect.

Dead Money - Prorated bonus comes to meet you as soon as you cut someone... That year.


Will Smiths dead money hits you this year if you cut him.
Will Smith Contract, Salaries, and Transactions
Vilma
Jonathan Vilma Contract, Salaries, and Transactions


Example on Drew Brees:
if we cut him this year 29.6M comes to meet us.
Drew Brees Contract, Salaries, and Transactions


The proratian only fulfills its destiny if the player plays out his contract or it is restructured.

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 

Thats not what I've been reading. If the player has at least 2 years left, you can spread that accellerated bonus money over two seasons.

If you look at sportrac there is only one line number for dead money when you click on a specific players contract. That number is always in the current year.

http://www.nationalfootballpost.com/...disasters.html

When a player is released or traded, the remaining proration of the salary components that are treated like a signing bonus immediately accelerate into his team’s current salary cap. For example, if a player signs a five-year contract with a $5 million signing bonus, $1 million of his signing bonus counts towards the salary cap for each year of his five-year contract. If he is released after the second year of his contract, the $2 million of signing bonus proration from the last two years of the contract automatically accelerates into the club’s current cap, creating $3 million of dead money.

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 

I didn't think he had done enough to warrant anything more than a small contract.
RR must like what he sees on film.

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 

I'll review more, but it has to do with designating the player as a "June 1st" cut, then you can spread the hit over two years instead of just one.

If we can spread it over 2 years, cutting the 3 amigos (or forcing them to accept much less) is pretty much a no brainer.

The only person who'll have a fit over this is Benson, who will lose about 14 million for nothing.