Cap going way up in 2015

Jack Vegas · 02-05-2014, 01:33 PM

New TV package will result in more cap dollars in 2015 | ProFootballTalk

An extra $8 million in cap room should help us a lot. Even though it doesn't apply until 2014, that means Loomis can renegotiate some deals and push back some money. IMO a mini-restructure of Brees contract is even more likely now and we'll likely be able to keep at least one player we thought would be a goner (Moore, PT, Greer, etc)

TheOak · 02-05-2014, 01:51 PM

I think you have a type-o in your post. It doesn't go up till 2015, Drew's contract doesn't go up till 2015 to the tune of 7.5m... It also doesn't help us keep anyone because we still have to get through 2014. That said they could back load Jimmy's contract heavily if they do not throw a huge bonus at him.

Jack Vegas · 02-05-2014, 02:30 PM

Yes, I meant to say 2015. Pretty sure you are wrong about it meaning we can't keep anybody. More cap room now or in the future is always a good thing because as you said you can backload things and renegotiate existing contracts. Grubbs for instance, you could extend his deal a number of years at a lesser cap hit and save several million dollars each year. Eventually it will come back to bite you in the butt, yes, but then you do what the Colts did, take the big hit in one year and do a full-scale rebuild.

TheOak · 02-05-2014, 02:38 PM

Originally Posted by Jack Vegas

Yes, I meant to say 2015. Pretty sure you are wrong about it meaning we can't keep anybody. More cap room now or in the future is always a good thing because as you said you can backload things and renegotiate existing contracts. Grubbs for instance, you could extend his deal a number of years at a lesser cap hit and save several million dollars each year. Eventually it will come back to bite you in the butt, yes, but then you do what the Colts did, take the big hit in one year and do a full-scale rebuild.

The salary is not what comes back to bite you as you can cut a player and take no hit on that. Its these huge upfront bonuses given to get the player to agree to a restructure or extension that haunt you for years.

Look at Rogers signing bonus, he could agree to take league minimum salary and still be a 7.6m cap hit.
Aaron Rodgers Contracts, Salaries, Cap Hits, & Transactions

If Brady played for $1 this year he is still a 9.2m cap hit
Tom Brady Contracts, Salaries, Cap Hits, & Transactions

This is why I said it doesn't help us this year, the bonus to get them to sign a restructure this year will be added to their present prorated bonus from their last contract making it more of a problem.

Rugby Saint II · 02-05-2014, 03:39 PM

Originally Posted by TheOak

The salary is not what comes back to bite you as you can cut a player and take no hit on that. Its these huge upfront bonuses given to get the player to agree to a restructure or extension that haunt you for years.

Look at Rogers signing bonus, he could agree to take league minimum salary and still be a 7.6m cap hit.
Aaron Rodgers Contracts, Salaries, Cap Hits, & Transactions

If Brady played for $1 this year he is still a 9.2m cap hit
Tom Brady Contracts, Salaries, Cap Hits, & Transactions

This is why I said it doesn't help us this year, the bonus to get them to sign a restructure this year will be added to their present prorated bonus from their last contract making it more of a problem.

Great to know!

Jack Vegas · 02-05-2014, 04:02 PM

Originally Posted by TheOak

The salary is not what comes back to bite you as you can cut a player and take no hit on that. Its these huge upfront bonuses given to get the player to agree to a restructure or extension that haunt you for years.

But it doesn't have to haunt you for years. It can haunt you for only one year. That's my point. The Colts did this for years and years, pushing back and renegotiating deals. Then they bit the bullet, took a huge dead money hit, got rid of all that in one year, and the next season they went 10-6 and had the most cap room in the league the following offseason. When the time comes, the Saints are going to have to do the same thing.

TheOak · 02-05-2014, 04:20 PM

Originally Posted by Jack Vegas

But it doesn't have to haunt you for years. It can haunt you for only one year. That's my point. The Colts did this for years and years, pushing back and renegotiating deals. Then they bit the bullet, took a huge dead money hit, got rid of all that in one year, and the next season they went 10-6 and had the most cap room in the league the following offseason. When the time comes, the Saints are going to have to do the same thing.

You don't put that bullet in the chamber unless your going to rebuild and you have lost hope on your present team and coaches.

saintsfan403 · 02-05-2014, 11:41 PM

I was always kinda cross on how the restructuring thing worked. Good to know.
So the best chance we have is seeing some vets take a pay cut this year?

Jack Vegas · 02-06-2014, 12:05 AM

Originally Posted by TheOak

You don't put that bullet in the chamber unless your going to rebuild and you have lost hope on your present team and coaches.

.....or if your star QB is on his way out and you know you'll never be competitive without him, so why not tank that season anyway and prepare to come back with a vengeance. I see that being the scenario when Brees retires. Until then, it's not so difficult to keep your top talent to ensure the team remains competitive while that window is open.

Originally Posted by saintsfan403

I was always kinda cross on how the restructuring thing worked. Good to know.
So the best chance we have is seeing some vets take a pay cut this year?

Straight up cuts are more likely, but I could see Brees, Grubbs, PT and/or Sproles all candidates for taking a restructure or pay cut this year.

lee909 · 02-06-2014, 12:26 AM

I really dont see Loomis wanting to touch Brees contract yet.Its still relatively affordable and the big increase bites next year so it will be redone then.
This increase will help but only in keeping the nucleus of tbe team together. Cuts still need to be made as that 8ml next year will barely cover Cam Jordan needing a new deal. I think that those on the bubble should be cut to get Grahams new deal(depending on $). Use the increase to pay Cam and any restructure's will eat up cap increases and FA.

02-05-2014, 01:33 PM	#1
Jack Vegas 1000 Posts + Join Date: Jul 2011 Posts: 2,254	Cap going way up in 2015 New TV package will result in more cap dollars in 2015 \| ProFootballTalk An extra $8 million in cap room should help us a lot. Even though it doesn't apply until 2014, that means Loomis can renegotiate some deals and push back some money. IMO a mini-restructure of Brees contract is even more likely now and we'll likely be able to keep at least one player we thought would be a goner (Moore, PT, Greer, etc)
Jack Vegas 1000 Posts + Join Date: Jul 2011 Posts: 2,254

02-05-2014, 01:51 PM	#2
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 18,978	Re: Cap going way up in 2015 I think you have a type-o in your post. It doesn't go up till 2015, Drew's contract doesn't go up till 2015 to the tune of 7.5m... It also doesn't help us keep anyone because we still have to get through 2014. That said they could back load Jimmy's contract heavily if they do not throw a huge bonus at him.

02-05-2014, 02:30 PM	#3
Jack Vegas 1000 Posts + Join Date: Jul 2011 Posts: 2,254	Re: Cap going way up in 2015 Yes, I meant to say 2015. Pretty sure you are wrong about it meaning we can't keep anybody. More cap room now or in the future is always a good thing because as you said you can backload things and renegotiate existing contracts. Grubbs for instance, you could extend his deal a number of years at a lesser cap hit and save several million dollars each year. Eventually it will come back to bite you in the butt, yes, but then you do what the Colts did, take the big hit in one year and do a full-scale rebuild.
Jack Vegas 1000 Posts + Join Date: Jul 2011 Posts: 2,254

02-05-2014, 02:38 PM	#4
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 18,978	Re: Cap going way up in 2015 Originally Posted by Jack Vegas Yes, I meant to say 2015. Pretty sure you are wrong about it meaning we can't keep anybody. More cap room now or in the future is always a good thing because as you said you can backload things and renegotiate existing contracts. Grubbs for instance, you could extend his deal a number of years at a lesser cap hit and save several million dollars each year. Eventually it will come back to bite you in the butt, yes, but then you do what the Colts did, take the big hit in one year and do a full-scale rebuild. The salary is not what comes back to bite you as you can cut a player and take no hit on that. Its these huge upfront bonuses given to get the player to agree to a restructure or extension that haunt you for years. Look at Rogers signing bonus, he could agree to take league minimum salary and still be a 7.6m cap hit. Aaron Rodgers Contracts, Salaries, Cap Hits, & Transactions If Brady played for $1 this year he is still a 9.2m cap hit Tom Brady Contracts, Salaries, Cap Hits, & Transactions This is why I said it doesn't help us this year, the bonus to get them to sign a restructure this year will be added to their present prorated bonus from their last contract making it more of a problem. hagan714 and Rugby Saint II like this.
	It's not what you look at that matters, it's what you see. ~ Henry David Thoreau

02-05-2014, 03:39 PM	#5
Rugby Saint II Bounty Money $$$ Join Date: Oct 2008 Location: 5800 Airline Dr. Metairie, LA. Posts: 23,727	Re: Cap going way up in 2015 Originally Posted by TheOak The salary is not what comes back to bite you as you can cut a player and take no hit on that. Its these huge upfront bonuses given to get the player to agree to a restructure or extension that haunt you for years. Look at Rogers signing bonus, he could agree to take league minimum salary and still be a 7.6m cap hit. Aaron Rodgers Contracts, Salaries, Cap Hits, & Transactions If Brady played for $1 this year he is still a 9.2m cap hit Tom Brady Contracts, Salaries, Cap Hits, & Transactions This is why I said it doesn't help us this year, the bonus to get them to sign a restructure this year will be added to their present prorated bonus from their last contract making it more of a problem. Great to know!

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02-05-2014, 04:02 PM	#6
Jack Vegas 1000 Posts + Join Date: Jul 2011 Posts: 2,254	Re: Cap going way up in 2015 Originally Posted by TheOak The salary is not what comes back to bite you as you can cut a player and take no hit on that. Its these huge upfront bonuses given to get the player to agree to a restructure or extension that haunt you for years. But it doesn't have to haunt you for years. It can haunt you for only one year. That's my point. The Colts did this for years and years, pushing back and renegotiating deals. Then they bit the bullet, took a huge dead money hit, got rid of all that in one year, and the next season they went 10-6 and had the most cap room in the league the following offseason. When the time comes, the Saints are going to have to do the same thing.
Jack Vegas 1000 Posts + Join Date: Jul 2011 Posts: 2,254

02-05-2014, 04:20 PM	#7
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 18,978	Re: Cap going way up in 2015 Originally Posted by Jack Vegas But it doesn't have to haunt you for years. It can haunt you for only one year. That's my point. The Colts did this for years and years, pushing back and renegotiating deals. Then they bit the bullet, took a huge dead money hit, got rid of all that in one year, and the next season they went 10-6 and had the most cap room in the league the following offseason. When the time comes, the Saints are going to have to do the same thing. You don't put that bullet in the chamber unless your going to rebuild and you have lost hope on your present team and coaches.

02-05-2014, 11:41 PM	#8
saintsfan403 1000 Posts + Join Date: Sep 2012 Location: WHO DAT NATION Posts: 2,261	Re: Cap going way up in 2015 I was always kinda cross on how the restructuring thing worked. Good to know. So the best chance we have is seeing some vets take a pay cut this year?

02-06-2014, 12:05 AM	#9
Jack Vegas 1000 Posts + Join Date: Jul 2011 Posts: 2,254	Re: Cap going way up in 2015 Originally Posted by TheOak You don't put that bullet in the chamber unless your going to rebuild and you have lost hope on your present team and coaches. .....or if your star QB is on his way out and you know you'll never be competitive without him, so why not tank that season anyway and prepare to come back with a vengeance. I see that being the scenario when Brees retires. Until then, it's not so difficult to keep your top talent to ensure the team remains competitive while that window is open. Originally Posted by saintsfan403 I was always kinda cross on how the restructuring thing worked. Good to know. So the best chance we have is seeing some vets take a pay cut this year? Straight up cuts are more likely, but I could see Brees, Grubbs, PT and/or Sproles all candidates for taking a restructure or pay cut this year.
Jack Vegas 1000 Posts + Join Date: Jul 2011 Posts: 2,254

02-06-2014, 12:26 AM	#10
lee909 Site Donor 2015 Join Date: Mar 2012 Location: Watford England Posts: 8,725 Blog Entries: 1	Re: Cap going way up in 2015 I really dont see Loomis wanting to touch Brees contract yet.Its still relatively affordable and the big increase bites next year so it will be redone then. This increase will help but only in keeping the nucleus of tbe team together. Cuts still need to be made as that 8ml next year will barely cover Cam Jordan needing a new deal. I think that those on the bubble should be cut to get Grahams new deal(depending on $). Use the increase to pay Cam and any restructure's will eat up cap increases and FA. spkb25 and hagan714 like this.

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