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Report: Saints re-work Terron Armstead deal to pay Dez Bryant

this is a discussion within the Saints Community Forum; FYI ... https://247sports.com/nfl/new-orlean...ure-124392121/...

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Old 11-08-2018, 11:38 AM   #1
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Report: Saints re-work Terron Armstead deal to pay Dez Bryant

FYI ...

https://247sports.com/nfl/new-orlean...ure-124392121/
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Old 11-08-2018, 11:50 AM   #2
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Re: Report: Saints re-work Terron Armstead deal to pay Dez Bryant

Loomisnomics 101
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Old 11-08-2018, 12:34 PM   #3
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Re: Report: Saints re-work Terron Armstead deal to pay Dez Bryant

Is changing salary to signing bonus good or bad for Armstead? Or does it make any difference?
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Old 11-08-2018, 01:01 PM   #4
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Re: Report: Saints re-work Terron Armstead deal to pay Dez Bryant

Originally Posted by turbo_dog View Post
Is changing salary to signing bonus good or bad for Armstead? Or does it make any difference?
It might make a difference for him in how he's taxed, for his accountant to deal with, but in terms of sheer $$ numbers he's getting paid for his deal, it's no real difference. Signing bonuses are taxed differently than income.
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Old 11-08-2018, 01:07 PM   #5
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Re: Report: Saints re-work Terron Armstead deal to pay Dez Bryant

Originally Posted by turbo_dog View Post
Is changing salary to signing bonus good or bad for Armstead? Or does it make any difference?
It moves it forward which in a players eyes is guaranteed money, and they all want guaranteed money.
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Old 11-08-2018, 01:21 PM   #6
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Re: Report: Saints re-work Terron Armstead deal to pay Dez Bryant

Originally Posted by TheOak View Post
It moves it forward which in a players eyes is guaranteed money, and they all want guaranteed money.
And Loomis is smart enough to structure all of our big contracts with space to redo them specifically for these situations
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Old 11-08-2018, 02:14 PM   #7
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Re: Report: Saints re-work Terron Armstead deal to pay Dez Bryant

Originally Posted by turbo_dog View Post
Is changing salary to signing bonus good or bad for Armstead? Or does it make any difference?
No difference to him other than guaranteeing that money. But since the season is half over, essentially they are guaranteeing the money for the 8 games that he's already played and been paid for.

Generally it's better in the off season as a swap both guarantees the money and gets it to the play in the offseason instead of having to wait to get the checks during the regular season.

For the Saints it facilitates pushing those dollars into future years lowering the cap hit now while upping the cap hit on future years. Gives flexibility in terms of signing others.

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