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New Orleans Saints could clear $7 million in cap space with moves

this is a discussion within the Saints Community Forum; The New Orleans Saints could clear $7 million off the books this week after making several cuts. The Saints released veterans Jahri Evans, David Hawthorne and Ramon Humber on Monday. Cornerback Brandon Browner posted a farewell message last week but ...

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Old 02-09-2016, 11:08 PM   #1
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The New Orleans Saints could clear $7 million off the books this week after making several cuts.

The Saints released veterans Jahri Evans, David Hawthorne and Ramon Humber on Monday. Cornerback Brandon Browner posted a farewell message last week but has not been formally released.

If Browner is cut this week, the Saints will have saved $7.034 million from the 2016 salary cap, realizing a net gain of $5.234 million. To do so, the Saints had to add to their already alarming amount of "dead money," which refers to the portion of the salary cap allotted to players no longer with the club.





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Old 02-10-2016, 06:28 AM   #2
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Re: New Orleans Saints could clear $7 million in cap space with moves

Shane Richardson @ShaneNFL

With G Jahri Evans release, #Saints now have an eye-popping $21.9M in dead money against their 2016 cap (14.6% of their cap space).

Jahri Evans, David Hawthorne, Ramon Humber Cut by Saints: Comments, Reaction | Bleacher Report
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Old 02-10-2016, 07:08 AM   #3
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Re: New Orleans Saints could clear $7 million in cap space with moves

That dead money is whatever. We'll be better for it in the long run.
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Old 02-10-2016, 07:57 AM   #4
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Re: New Orleans Saints could clear $7 million in cap space with moves

Dead money just speaks to the mistakes made in making certain deals. As far as what it means moving forward, it means nothing. If you have a guy who's hurting the team on the field, you have to let him go. The money is wasted either way, so which would you rather? Release the player, absorb the hit and find a better player, or keep him to save some money of adding another player and continue to watch him cost your team on the field?

The choice is easy to me.
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Old 02-10-2016, 08:27 AM   #5
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Re: New Orleans Saints could clear $7 million in cap space with moves

It would be interesting to see how we compare with other clubs' levels of dead money. No matter which way you look at it, it is money that can't be used to attract or retain talent.
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Old 02-10-2016, 10:01 AM   #6
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Re: New Orleans Saints could clear $7 million in cap space with moves

Name Dead Money
Junior Galette $12,100,000
Jahri Evans $5,100,000
David Hawthorne $2,200,000
Brodrick Bunkley $1,612,500
Erik Lorig $500,000
Stanley Jean-Baptiste $482,448
Ramon Humber $167,000
Ronald Powell $84,430
Sean Hickey $6,667
Markus Pierce-Brewster $4,000
Cyril Lemon $4,000
R.J. Harris $3,600
Ashaad Mabry $3,600
Harold Spears $3,600
TOTAL $22,271,845
Junior is the reason it looks so bad.
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Old 02-10-2016, 10:16 AM   #7
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Re: New Orleans Saints could clear $7 million in cap space with moves

He's the reason it looks bad now, but it's going to get a lot worse once they cut Browner, and possibly Spiller. Again though, it doesn't matter now. No sense in looking back if you intend to improve the roster.
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Old 02-10-2016, 11:40 AM   #8
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Re: New Orleans Saints could clear $7 million in cap space with moves

Don't panic. It'll be alright.
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Old 02-10-2016, 11:48 AM   #9
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Re: New Orleans Saints could clear $7 million in cap space with moves

Next year most will drop off. We can back load Drew and whomever we choose to bring in. I want to say 18 of the 22 million will fall off next year. Gives us a chance to resign Drew, lower his current cap hit and free up 10-15 million more this year. Ellerbe should be cut and there is no dead money from his 5.9million contract. If he chooses to stay his contract will be closer to 2 million freeing up 4 million. will a possible 20 million being freed this year (releasing and fixing contracts) and 18 million next (dead money falling off) we are in a lot better shape than we think. I will not be shocked if we make a push for a couple of top dogs this off-season.
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Old 02-10-2016, 12:38 PM   #10
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Re: New Orleans Saints could clear $7 million in cap space with moves

Do what you have to do.
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