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Brees restructure/ Hicks trade?

this is a discussion within the Saints Community Forum; I would expect most would see some type of connection, but look at the numbers. The Brees restructure opened up $2.6M in 2015 cap. The Hicks trade actually netted the Saints another $100K or so. Something else is obviously in ...

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Old 09-30-2015, 09:12 PM   #1
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Brees restructure/ Hicks trade?

I would expect most would see some type of connection, but look at the numbers.

The Brees restructure opened up $2.6M in 2015 cap.

The Hicks trade actually netted the Saints another $100K or so.

Something else is obviously in the works.
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Old 09-30-2015, 10:13 PM   #2
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Re: Brees restructure/ Hicks trade?

Get ready!!! We in for a bumpy ride
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Old 09-30-2015, 11:05 PM   #3
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Re: Brees restructure/ Hicks trade?

I hope so
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Old 09-30-2015, 11:35 PM   #4
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Re: Brees restructure/ Hicks trade?

Clearly... Because $100k is a fortune in the NFL.

I'm sure there will be other moves, but this is hardly interesting or enlightening.
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Old 10-01-2015, 01:45 AM   #5
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Re: Brees restructure/ Hicks trade?

All eyes are on the Chicago Fire Sale, maybe?
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Old 10-01-2015, 08:55 AM   #6
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Re: Brees restructure/ Hicks trade?

and I think the Brees restructure means we can end all of the trade talk.
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Old 10-01-2015, 09:48 AM   #7
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Re: Brees restructure/ Hicks trade?

Spending 5.2 gets you 2.6? Is that a WIN - win? Do all of these transactions cost the team $1.00 for every .50 cents they pay?
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Old 10-01-2015, 03:04 PM   #8
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Re: Brees restructure/ Hicks trade?

Seems awful quiet don't see anything around the net on any trades. Usually Adam Schefter has the inside information before anyone else.
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Old 10-01-2015, 03:13 PM   #9
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Re: Brees restructure/ Hicks trade?

Originally Posted by RailBoss View Post
Seems awful quiet don't see anything around the net on any trades. Usually Adam Schefter has the inside information before anyone else.
Glazer gets the Saints scoops usually. He is friends with Payton.
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Old 10-01-2015, 03:22 PM   #10
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Re: Brees restructure/ Hicks trade?

Originally Posted by vpheughan View Post
Spending 5.2 gets you 2.6? Is that a WIN - win? Do all of these transactions cost the team $1.00 for every .50 cents they pay?
No, Brees was getting the $5.2M this year anyway. The restructure lowered his 2015 base salary by $5.2M which was converted to a signing bonus which was then prorated over the remaining two years of his contract. The net effect is that the 2015 cap hit is lowered by $2.6M and the 2016 cap hit is increased by $2.6M.

Shuffling of numbers is what cost accounting is all about. It doesn't cost the team anything. Brees gets that money immediately instead of spread out over the 17 weeks of this regular season so he can start earning interest on it sooner. So, yes, it is a win/win.
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