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-   -   Joe Horn signs new contract?!!! (https://blackandgold.com/saints/8542-joe-horn-signs-new-contract.html)

dberce1 04-13-2005 05:13 PM
Joe Horn signs new contract?!!!
 
Read towards the bottom:

http://msn.foxsports.com/nfl/team?categoryId=67055

Wed Apr 13 2005 - Joe Horn reportedly has reached an agreement on a long-term contract. The best receiver in team history was entering the final year of his deal. It's great fantasy news for Aaron Brooks. ProFootballtalk.com is the first to break the story, we'll update once contract details are available.

TayTay 04-13-2005 05:26 PM
Joe Horn signs new contract?!!!
 
sweet.
If anyone has info. on terms please post.

FireVenturi 04-13-2005 06:08 PM
Joe Horn signs new contract?!!!
 
Wouldn\'t put a lot of stock in PFW, but we wll see!

LKelley67 04-14-2005 07:39 AM
Joe Horn signs new contract?!!!
 
AP reports the Saints and WR Joe Horn have basically agreed to a new six-year contract. \"It\'s not done yet,\" Saints GM Mickey Loomis told WWL and NOPF\'s Kenny Wilkerson Wednesday. \"There\'s a ways to go. We made a lot of progress, but its close enough that I feel good about it.\" The two sides have agreed in principle to a six-year, $42 contract including an $8 million signing bonus. The signing bonus is partly deferred, $4 million now and $3 million gauranteed next year. These numbers are similar to what NOPF reported on March 18. The contract is really only a three-year contract, the amount of time Horn expects to play before retiring, but was signed as a six-year deal to help the Saints spread the cap hit out. Base salaries for the first three years are $750,000, $1 million, and finally $4.2 million in 2007. $1 million of the signing bonus was paid in March, as part of the roster bonus due Horn in his previous contract.

baronm 04-14-2005 08:11 AM
Joe Horn signs new contract?!!!
 
Quote:
AP reports the Saints and WR Joe Horn have basically agreed to a new six-year contract. \"It\'s not done yet,\" Saints GM Mickey Loomis told WWL and NOPF\'s Kenny Wilkerson Wednesday. \"There\'s a ways to go. We made a lot of progress, but its close enough that I feel good about it.\" The two sides have agreed in principle to a six-year, $42 contract including an $8 million signing bonus. The signing bonus is partly deferred, $4 million now and $3 million gauranteed next year. These numbers are similar to what NOPF reported on March 18. The contract is really only a three-year contract, the amount of time Horn expects to play before retiring, but was signed as a six-year deal to help the Saints spread the cap hit out. Base salaries for the first three years are $750,000, $1 million, and finally $4.2 million in 2007. $1 million of the signing bonus was paid in March, as part of the roster bonus due Horn in his previous contract.
that\'s livable..

GumboBC 04-14-2005 09:01 AM
Joe Horn signs new contract?!!!
 
How long will Joe Horn be happy with this contract?

Hell, he hasn\'t been happy with any of the other contracts he has signed.

God forbid that Joe catches 100-passes this season. It will be time to draw up yet another contract for ol\' Joe.

Seriously though ... I\'m okay with whatever contract Joe can get for himself. I never fault players for trying to get more money.

If the \"team\" is willing to pay ... then obviously they feel he\'s worth it.

FireVenturi 04-14-2005 10:25 AM
Joe Horn signs new contract?!!!
 
I like it, but i don\'t hink he will be around for 2007(4.2)mil

WhoDat 04-14-2005 11:51 AM
Joe Horn signs new contract?!!!
 
So if you spread $8 million over 6 years that\'s $1.25 million per year on average. Add in his salaries of 750K and 1 mill, and his average cap his will be $2 -$2.25 million per year????

So he actually costs the Saints LESS? (at least until 2007). Glad everybody on this site was ready to trade him a month ago. :casstet:

saintswhodi 04-14-2005 12:04 PM
Joe Horn signs new contract?!!!
 
Glad Joe was saying a month ago he wanted top 5 money to justify people wanting to trade him, and then glad he went back on that to a reasonable deal so we could keep him. :casstet:

[Edited on 14/4/2005 by saintswhodi]

Danno 04-14-2005 01:24 PM
Joe Horn signs new contract?!!!
 
Quote:
So if you spread $8 million over 6 years that\'s $1.25 million per year on average. Add in his salaries of 750K and 1 mill, and his average cap his will be $2 -$2.25 million per year????

So he actually costs the Saints LESS? (at least until 2007). Glad everybody on this site was ready to trade him a month ago. :casstet:
Aw c\'mon WhoDat.
The VAST majority of folks here said we should re-negotiate his contract to make it less of a cap hit.

EVERYBODY? If i\'m not mistaken some folks thought he should be paid Moss/Harrison money. Most disagreed with that and suggested if he did show him the door.
Well guess what? He ain\'t getting Moss/Harrison money.

We did EXACTLY what everybody wanted us to do a month ago. It was a win-win. Why try to blame everybody for something that never was?

stockman311 04-14-2005 01:32 PM
Joe Horn signs new contract?!!!
 
To be honest I wish every player would just renegotiate their contracts every year. NFL contracts aren\'t worth the paper they are written on. Since future years aren\'t guaranteed anyway and base salaries always climb in the later years, I have no problem with lessening our cap hit by reworking our players contracts yearly. Our FO needs to be doing something with their time since they aren\'t going out and getting any superstar FA\'s during free agency anyway.

natedogg02 04-14-2005 03:24 PM
Joe Horn signs new contract?!!!
 
Did he sign a new one? I have\'nt seen nothing offical yet.

cardboardboxer 04-14-2005 05:08 PM
Joe Horn signs new contract?!!!
 
This is awesome! I love Joe Horn! This is the best Saints offseason in a while. If they find some way to get DJ, I won\'t take off my Saints visor for a month!

It would be the best offseason ever!

spkb25 04-14-2005 07:11 PM
Joe Horn signs new contract?!!!
 
good to see it happen

SaintSnide 04-14-2005 07:12 PM
Joe Horn signs new contract?!!!
 
How does the signing bonus figure into cap hit? Is it 8 mil over 6 yr or is it 4mil the first and 3 mil the sec?

spkb25 04-14-2005 07:18 PM
Joe Horn signs new contract?!!!
 
i think that somehow spreads out regardless of when it is payed

FireVenturi 04-14-2005 11:26 PM
Joe Horn signs new contract?!!!
 
Quote:
Quote:
So if you spread $8 million over 6 years that\'s $1.25 million per year on average. Add in his salaries of 750K and 1 mill, and his average cap his will be $2 -$2.25 million per year????

So he actually costs the Saints LESS? (at least until 2007). Glad everybody on this site was ready to trade him a month ago. :casstet:
Aw c\'mon WhoDat.
The VAST majority of folks here said we should re-negotiate his contract to make it less of a cap hit.

EVERYBODY? If i\'m not mistaken some folks thought he should be paid Moss/Harrison money. Most disagreed with that and suggested if he did show him the door.
Well guess what? He ain\'t getting Moss/Harrison money.

We did EXACTLY what everybody wanted us to do a month ago. It was a win-win. Why try to blame everybody for something that never was?
Couldn\'t have said it better myself.......i am happy for how it worked out for both parties. It is clearly not top 5 money!


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