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Saints restructure contracts of Cam Jordan & Thomas Morsted

this is a discussion within the Saints Community Forum; This move gives us 3 million in cap space. Credit to Nick Underhill: Saints opened up some cap space by reworking the contracts of Thomas Morstead and Cam Jordan. Morstead, who previously had a base salary of $3 million, is ...

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Old 03-29-2016, 07:13 AM   #1
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This move gives us 3 million in cap space.

Credit to Nick Underhill:

Saints opened up some cap space by reworking the contracts of Thomas Morstead and Cam Jordan.

Morstead, who previously had a base salary of $3 million, is now listed by the NFLPA at $900,000 this season. This suggests he converted $2.1 million of his salary into a signing bonus.

Jordan, who was listed with a base salary of $3.5 million, now has a base salary of $765,00.

The Saints now are listed as having more than $3 million in cap space. They had $273,000 before making these moves.



However, it does not appear that figure takes into account the contracts of tight end Josh Hill, which is expected to count as a $1.5 million salary-cap charge, and defensive tackle Nick Fairley.

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Old 03-29-2016, 07:32 AM   #2
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Re: Saints restructure contracts of Cam Jordan & Thomas Morsted

Originally Posted by B_Dub_Saint View Post
This move gives us 3 million in cap space.

However, it does not appear that figure takes into account the contracts of tight end Josh Hill, which is expected to count as a $1.5 million salary-cap charge, and defensive tackle Nick Fairley.
This was done exactly for that purpose. Like I've said before I think the Saints have re-negotiated Drew and others and just aren't saying anything. We'll find out Drew restructured after the draft because I think we're going to make a second first round pick. What team would be willing to trade their first for our 2nd and first next year?
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Old 03-29-2016, 09:39 AM   #3
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Re: Saints restructure contracts of Cam Jordan & Thomas Morsted

I didn't think Morstead was anything special last year.
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Old 03-29-2016, 09:39 AM   #4
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Re: Saints restructure contracts of Cam Jordan & Thomas Morsted

Cam is a bit of a surprise but Thomas was expected IMO.

This does not mean the saints should not entertain the idea of another punter. there are a couple that will be UDFA that are well worth a look see.
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Old 03-29-2016, 09:44 AM   #5
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Re: Saints restructure contracts of Cam Jordan & Thomas Morsted

Originally Posted by Cruize View Post
I didn't think Morstead was anything special last year.
Morstead had some uncharacteristic shanks last year for sure, but I think he was injured also.
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Old 03-29-2016, 09:55 AM   #6
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Re: Saints restructure contracts of Cam Jordan & Thomas Morsted

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Old 03-29-2016, 10:10 AM   #7
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Re: Saints restructure contracts of Cam Jordan & Thomas Morsted

Yeah I wasn't impressed with Morstead a lot of bad punts from him last year... But he was injured...


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Old 03-29-2016, 10:18 AM   #8
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Re: Saints restructure contracts of Cam Jordan & Thomas Morsted

Originally Posted by AllSaints View Post
Yeah I wasn't impressed with Morstead a lot of bad punts from him last year... But he was injured...
All I know is when Morstead went out due to injury, it got even uglier .
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Old 03-29-2016, 10:34 AM   #9
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Re: Saints restructure contracts of Cam Jordan & Thomas Morsted

Originally Posted by B_Dub_Saint View Post
This move gives us 3 million in cap space.

Credit to Nick Underhill:

Saints opened up some cap space by reworking the contracts of Thomas Morstead and Cam Jordan.

Morstead, who previously had a base salary of $3 million, is now listed by the NFLPA at $900,000 this season. This suggests he converted $2.1 million of his salary into a signing bonus.

Jordan, who was listed with a base salary of $3.5 million, now has a base salary of $765,00.

The Saints now are listed as having more than $3 million in cap space. They had $273,000 before making these moves.

However, it does not appear that figure takes into account the contracts of tight end Josh Hill, which is expected to count as a $1.5 million salary-cap charge, and defensive tackle Nick Fairley.
Not quite sure where he got his info on Morsted but everything I read had him at 4.45 mil against the cap.
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Old 03-29-2016, 10:37 AM   #10
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Re: Saints restructure contracts of Cam Jordan & Thomas Morsted

Originally Posted by CheramieIII View Post
This was done exactly for that purpose. Like I've said before I think the Saints have re-negotiated Drew and others and just aren't saying anything. We'll find out Drew restructured after the draft because I think we're going to make a second first round pick. What team would be willing to trade their first for our 2nd and first next year?
Why the heck would we want to trade back in the 1st? We need a ton of young guys over the next couple of years and losing a pick should not be in the plan.
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