New Orleans Saints salary cap situation heading into 2021

01-22-2021, 08:34 AM

Where we are in 2021:
- No QB (having candidates is not having a QB).
- 105M over the 2021 cap

The penalty for exceeding the Cap is "fines of up to $5 million for each violation, cancellation of contracts and/or loss of draft picks."

To fully understand how daunting of a task this well be, I have put options in context.

The 2020 cap was $198M and we are more than 50% over it. $105M is no where as jaw dropping as the number of players it takes to make up that number.

Gutting the team to tank a season wont get us on the field next season. That is not an option we are too deep. The below cuts only gets us to half and after that it takes 2-3 players to clear $10M in space.

Drew Brees - Cut him and save 12M
Kwon Alexander - Cut and save 13M
Marshon Lattimore - Cut and save 10M
Janoris Jenkins - $7M
Nick Easton - $6M
Terron Armstead $6M

We would effectively be looking at a 25 man roster to play 2021 with a cut and restart scenario. I suspect some of the above names will be gone and Loomis will be restructuring the remaining contracts.. meaning in essence we are looking at the 2020 team for a couple more years.

B1tching about Peat is similar to complaining about a single grain after getting a dump truck of sand unloaded in your eye. While certainly a head scratcher it is not on the radar of impact.

ChrisXVI · 01-22-2021, 11:38 AM

I’m not sure I’ve seen this addressed anywhere, but since Brees is still under contract for 2021 and will likely be retiring... wouldn’t it be possible for him to rework his contract with a massive pay cut in ‘21 and then announce his retirement? Wouldn’t that free up a lot more money?

Rsanders24 · 01-22-2021, 12:09 PM

Originally Posted by ChrisXVI

I’m not sure I’ve seen this addressed anywhere, but since Brees is still under contract for 2021 and will likely be retiring... wouldn’t it be possible for him to rework his contract with a massive pay cut in ‘21 and then announce his retirement? Wouldn’t that free up a lot more money?

Well it would have to be approved by the league so I doubt that could or would happen. They can move money around to make his base salary the league minimum with the rest bonus and that’s how they can split the cap cost over the next two years with a post June 1st retirement.

K Major · 01-22-2021, 04:50 PM

Here is a good reading piece on the Saints cap.

https://www.cbssports.com/nfl/news/a...-restructures/

This portion stood out for me ...

The Saints need to extend either cornerback Marshon Lattimore or right tackle Ryan Ramczyk's contract since only one can be designated as a franchise player in 2022. Lattimore and Ramczyk, both 2017 first-round picks, are scheduled to play 2021 under $10.244 million and $11.064 million fifth-year options. Locking up Ramczyk may be more essential because 2021 is also left tackle Terron Armstead's contract year.

Rugby Saint II · 01-22-2021, 05:32 PM

Looms better back the truck up to a pharmacy. He's not going to sleep for awhile. Do they test executives for Adderall?

ChrisXVI · 01-22-2021, 05:38 PM

Originally Posted by Rugby Saint II

Looms better back the truck up to a pharmacy. He's not going to sleep for awhile. Do they test executives for Adderall?

Don’t worry... Payton has experience stealing pills from our medical staff’s supply.

gosaints1 · 01-22-2021, 11:06 PM

Originally Posted by K Major

Here is a good reading piece on the Saints cap.

https://www.cbssports.com/nfl/news/a...-restructures/

This portion stood out for me ...

The Saints need to extend either cornerback Marshon Lattimore or right tackle Ryan Ramczyk's contract since only one can be designated as a franchise player in 2022. Lattimore and Ramczyk, both 2017 first-round picks, are scheduled to play 2021 under $10.244 million and $11.064 million fifth-year options. Locking up Ramczyk may be more essential because 2021 is also left tackle Terron Armstead's contract year.

K, I’m not sure we can afford the franchise tag cost associated with a CB or an OL. Maybe a FB..., maybe.

Rsanders24 · 01-23-2021, 12:08 PM

Originally Posted by gosaints1

K, I’m not sure we can afford the franchise tag cost associated with a CB or an OL. Maybe a FB..., maybe.

That’s for next off season. We have fifth year options for both of them so we have to extend one of them this off-season since we only have one franchise tag.

Rell&Gold · 01-23-2021, 02:17 PM

Originally Posted by jeanpierre

Taysom has a better arm than you're giving him credit; as said in other thread, 43 yo Tom Brady just took Jameis' team, beat the Saints in the Dome after being swept twice in the regular season...

We've watch Jameis' game for five-plus seasons; his character flaws show up on the field in his game...

Everyone is judging Taysom against Brees after just four games; it's gonna take a full season and some patience to make the transition...

Can see the Saints staying with Winston (if they can afford him), but don't expect him to suddenly play any better than he did in Tampa...

How do you see his "character flaws" on the football field?

And Hill doest have Touch on the football he's a poorer mans Jay Cutler

Rell&Gold · 01-23-2021, 02:22 PM

Jean doesn't expect anything better from Winston but you have patience for Taysom Hill who is 31 and clearly not a better thrower of the football......Headscratcher

01-22-2021, 08:34 AM	#31
Threaded by TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 19,027 Rating: (0 votes - average) Where we are in 2021: - No QB (having candidates is not having a QB). - 105M over the 2021 cap The penalty for exceeding the Cap is "fines of up to $5 million for each violation, cancellation of contracts and/or loss of draft picks." To fully understand how daunting of a task this well be, I have put options in context. The 2020 cap was $198M and we are more than 50% over it. $105M is no where as jaw dropping as the number of players it takes to make up that number. Gutting the team to tank a season wont get us on the field next season. That is not an option we are too deep. The below cuts only gets us to half and after that it takes 2-3 players to clear $10M in space. Drew Brees - Cut him and save 12M Kwon Alexander - Cut and save 13M Marshon Lattimore - Cut and save 10M Janoris Jenkins - $7M Nick Easton - $6M Terron Armstead $6M We would effectively be looking at a 25 man roster to play 2021 with a cut and restart scenario. I suspect some of the above names will be gone and Loomis will be restructuring the remaining contracts.. meaning in essence we are looking at the 2020 team for a couple more years. B1tching about Peat is similar to complaining about a single grain after getting a dump truck of sand unloaded in your eye. While certainly a head scratcher it is not on the radar of impact.
Views: 3513

01-22-2021, 11:38 AM	#32
ChrisXVI 10000 POST CLUB Join Date: Aug 2011 Location: Madison, WI Posts: 11,482	Re: New Orleans Saints salary cap situation heading into 2021 I’m not sure I’ve seen this addressed anywhere, but since Brees is still under contract for 2021 and will likely be retiring... wouldn’t it be possible for him to rework his contract with a massive pay cut in ‘21 and then announce his retirement? Wouldn’t that free up a lot more money?

01-22-2021, 12:09 PM	#33
Rsanders24 1000 Posts + Join Date: Jan 2005 Location: Baton Rouge, LA. Posts: 1,482	Re: New Orleans Saints salary cap situation heading into 2021 Originally Posted by ChrisXVI I’m not sure I’ve seen this addressed anywhere, but since Brees is still under contract for 2021 and will likely be retiring... wouldn’t it be possible for him to rework his contract with a massive pay cut in ‘21 and then announce his retirement? Wouldn’t that free up a lot more money? Well it would have to be approved by the league so I doubt that could or would happen. They can move money around to make his base salary the league minimum with the rest bonus and that’s how they can split the cap cost over the next two years with a post June 1st retirement.

01-22-2021, 04:50 PM	#34
K Major Site Donor 2019 Join Date: Jan 2013 Location: Bedford, TX Posts: 24,622 Blog Entries: 3	Re: New Orleans Saints salary cap situation heading into 2021 Here is a good reading piece on the Saints cap. https://www.cbssports.com/nfl/news/a...-restructures/ This portion stood out for me ... The Saints need to extend either cornerback Marshon Lattimore or right tackle Ryan Ramczyk's contract since only one can be designated as a franchise player in 2022. Lattimore and Ramczyk, both 2017 first-round picks, are scheduled to play 2021 under $10.244 million and $11.064 million fifth-year options. Locking up Ramczyk may be more essential because 2021 is also left tackle Terron Armstead's contract year.

01-22-2021, 05:32 PM	#35
Rugby Saint II Bounty Money $$$ Join Date: Oct 2008 Location: 5800 Airline Dr. Metairie, LA. Posts: 24,073	Re: New Orleans Saints salary cap situation heading into 2021 Looms better back the truck up to a pharmacy. He's not going to sleep for awhile. Do they test executives for Adderall?

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01-22-2021, 05:38 PM	#36
ChrisXVI 10000 POST CLUB Join Date: Aug 2011 Location: Madison, WI Posts: 11,482	Re: New Orleans Saints salary cap situation heading into 2021 Originally Posted by Rugby Saint II Looms better back the truck up to a pharmacy. He's not going to sleep for awhile. Do they test executives for Adderall? Don’t worry... Payton has experience stealing pills from our medical staff’s supply. bobdog86 likes this.

01-22-2021, 11:06 PM	#37
gosaints1 500th Post Join Date: Mar 2012 Posts: 576	Re: New Orleans Saints salary cap situation heading into 2021 Originally Posted by K Major Here is a good reading piece on the Saints cap. https://www.cbssports.com/nfl/news/a...-restructures/ This portion stood out for me ... The Saints need to extend either cornerback Marshon Lattimore or right tackle Ryan Ramczyk's contract since only one can be designated as a franchise player in 2022. Lattimore and Ramczyk, both 2017 first-round picks, are scheduled to play 2021 under $10.244 million and $11.064 million fifth-year options. Locking up Ramczyk may be more essential because 2021 is also left tackle Terron Armstead's contract year. K, I’m not sure we can afford the franchise tag cost associated with a CB or an OL. Maybe a FB..., maybe.
gosaints1 500th Post Join Date: Mar 2012 Posts: 576

01-23-2021, 12:08 PM	#38
Rsanders24 1000 Posts + Join Date: Jan 2005 Location: Baton Rouge, LA. Posts: 1,482	Re: New Orleans Saints salary cap situation heading into 2021 Originally Posted by gosaints1 K, I’m not sure we can afford the franchise tag cost associated with a CB or an OL. Maybe a FB..., maybe. That’s for next off season. We have fifth year options for both of them so we have to extend one of them this off-season since we only have one franchise tag. K Major likes this.

01-23-2021, 02:17 PM	#39
Rell&Gold 1000 Posts + Join Date: Apr 2012 Location: Washington, D.C Posts: 2,887	Re: New Orleans Saints salary cap situation heading into 2021 Originally Posted by jeanpierre Taysom has a better arm than you're giving him credit; as said in other thread, 43 yo Tom Brady just took Jameis' team, beat the Saints in the Dome after being swept twice in the regular season... We've watch Jameis' game for five-plus seasons; his character flaws show up on the field in his game... Everyone is judging Taysom against Brees after just four games; it's gonna take a full season and some patience to make the transition... Can see the Saints staying with Winston (if they can afford him), but don't expect him to suddenly play any better than he did in Tampa... How do you see his "character flaws" on the football field? And Hill doest have Touch on the football he's a poorer mans Jay Cutler

01-23-2021, 02:22 PM	#40
Rell&Gold 1000 Posts + Join Date: Apr 2012 Location: Washington, D.C Posts: 2,887	Re: New Orleans Saints salary cap situation heading into 2021 Jean doesn't expect anything better from Winston but you have patience for Taysom Hill who is 31 and clearly not a better thrower of the football......Headscratcher