Go Back   New Orleans Saints Forums - blackandgold.com > Main > Saints

Fielding a team under the 2021 CAP

this is a discussion within the Saints Community Forum; I was going to break down all the options this morning but while researching I found that someone had done it already. Most of what is here is the tl:dr of the article with personal comments added in. I like ...

Like Tree6Likes

Reply
 
LinkBack Thread Tools Display Modes
Old 01-25-2021, 06:37 AM   #1
10000 POST CLUB
 
Join Date: Dec 2009
Location: Cypress Tx.
Posts: 18,978
Fielding a team under the 2021 CAP

I was going to break down all the options this morning but while researching I found that someone had done it already. Most of what is here is the tl:dr of the article with personal comments added in.

I like how thorough he was because everyone is talking about how to get under the cap but no one is talking about how to field a roster. Getting under the cap does not get you on the field, you have to cut deeper to have space to replace the cut players. In our case 9 players

The other option that I have not seen covered is to ignore the cap and eat the penalties. You don't have to be under the cap to take the field and the league is not going to make you forfeit games because they need the revenue. Penalties include include fines of up to $5 million for each violation, cancellation of contracts and/or loss of draft picks. If they cancel contracts we wont have enough players to field a team .

Drew Brees Retirement Process Reduces cap by $24M
Brees has the NFL's fourth-largest 2021 salary cap number at $36.15 million. Assuming Brees retires, he and the Saints should agree to reduce his $25 million 2021 base salary to $1.075 million, his 2021 league minimum salary, in order for $23.925 million cap relief to be gained instantly. The Saints would need to carry Brees on the roster until June 2 to keep the $11.5 million in bonus proration relating to his voiding 2022 and 2023 contract years from becoming a 2021 cap charge.

At this point, Brees would be placed on the reserve/retired list and his $1.075 million base salary would also come off the books for additional cap relief. Instead of taking the full $22.65 million of dead money, a salary cap charge for a player no longer on a team's roster, in 2021 by placing Brees on the reserve/retired list prior to June 2, there would $11.15 in 2021 and $11.5 million in 2022 this way.

Casualties Free's up $46M
Alexander
Cook
Jenkins
Easton
Brown
Sanders
Morestead
Murry
Robinson

Restructures/Extensions $40M in cap space
Jordan
Thomas
Peat
Lattimore or Ramczyk (or both)

Total cap space made $110M


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

It's not what you look at that matters, it's what you see. ~ Henry David Thoreau
TheOak is offline   Reply With Quote
Old 01-25-2021, 07:07 AM   #2
1000 Posts +
 
Join Date: Aug 2007
Posts: 4,498
Re: Fielding a team under the 2021 CAP

I read that 3 weeks ago and quite possibly posted it on here.
vpheughan is offline   Reply With Quote
Old 01-25-2021, 07:12 AM   #3
10000 POST CLUB
 
Join Date: Dec 2009
Location: Cypress Tx.
Posts: 18,978
Re: Fielding a team under the 2021 CAP

Originally Posted by vpheughan View Post
I read that 3 weeks ago and quite possibly posted it on here.
Then you would have read the date which was 5 days ago.
TheOak is offline   Reply With Quote
Old 01-25-2021, 11:04 AM   #4
1000 Posts +
 
Join Date: Aug 2003
Location: Wherever I lay my hat
Posts: 3,824
Re: Fielding a team under the 2021 CAP

Originally Posted by TheOak View Post
Then you would have read the date which was 5 days ago.
Very much detective work, there.
Rugby Saint II likes this.
UK_WhoDat is offline   Reply With Quote
Old 01-25-2021, 11:22 AM   #5
1000 Posts +
 
Join Date: Nov 2020
Location: Massachusetts
Posts: 4,868
Re: Fielding a team under the 2021 CAP

Yeah, here is another video discussing the same thing. It’s nothing Loomis can’t handle.

Boston Saint is offline   Reply With Quote
Old 01-25-2021, 12:31 PM   #6
 
Join Date: Sep 2007
Location: Mandeville, LA
Posts: 36,912
Blog Entries: 29
Re: Fielding a team under the 2021 CAP

Originally Posted by TheOak View Post
I was going to break down all the options this morning but while researching I found that someone had done it already. Most of what is here is the tl:dr of the article with personal comments added in.

I like how thorough he was because everyone is talking about how to get under the cap but no one is talking about how to field a roster. Getting under the cap does not get you on the field, you have to cut deeper to have space to replace the cut players. In our case 9 players

The other option that I have not seen covered is to ignore the cap and eat the penalties. You don't have to be under the cap to take the field and the league is not going to make you forfeit games because they need the revenue. Penalties include include fines of up to $5 million for each violation, cancellation of contracts and/or loss of draft picks. If they cancel contracts we wont have enough players to field a team .

Drew Brees Retirement Process Reduces cap by $24M
Brees has the NFL's fourth-largest 2021 salary cap number at $36.15 million. Assuming Brees retires, he and the Saints should agree to reduce his $25 million 2021 base salary to $1.075 million, his 2021 league minimum salary, in order for $23.925 million cap relief to be gained instantly. The Saints would need to carry Brees on the roster until June 2 to keep the $11.5 million in bonus proration relating to his voiding 2022 and 2023 contract years from becoming a 2021 cap charge.

At this point, Brees would be placed on the reserve/retired list and his $1.075 million base salary would also come off the books for additional cap relief. Instead of taking the full $22.65 million of dead money, a salary cap charge for a player no longer on a team's roster, in 2021 by placing Brees on the reserve/retired list prior to June 2, there would $11.15 in 2021 and $11.5 million in 2022 this way.

Casualties Free's up $46M
Alexander
Cook
Jenkins
Easton
Brown
Sanders
Morestead
Murry
Robinson

Restructures/Extensions $40M in cap space
Jordan
Thomas
Peat
Lattimore or Ramczyk (or both)

Total cap space made $110M


https://www.cbssports.com/nfl/news/a...-restructures/
Still wondering how the hell we extended Sammich Peat... Did we get value there?
K Major likes this.
SmashMouth is offline   Reply With Quote
Old 01-25-2021, 12:42 PM   #7
Site Donor 2019
 
Join Date: Jan 2013
Location: Bedford, TX
Posts: 23,986
Blog Entries: 3
Re: Fielding a team under the 2021 CAP

Originally Posted by SmashMouth View Post
Still wondering how the hell we extended Sammich Peat... Did we get value there?
Restructure tumbleweed Peat is in order.

At 9M per season, IMO he under performed. I'd also be open on a trade proposal as well.
K Major is online now   Reply With Quote
Old 01-25-2021, 12:45 PM   #8
Site Donor 2019
 
Join Date: Jan 2013
Location: Bedford, TX
Posts: 23,986
Blog Entries: 3
Re: Fielding a team under the 2021 CAP

Jared Cook needs to geaux.
Rsanders24, cmike and gosaints1 like this.
K Major is online now   Reply With Quote
Old 01-25-2021, 01:37 PM   #9
100% Blunt
 
Join Date: Jun 2013
Location: Saint Gabriel, La
Posts: 2,754
Re: Fielding a team under the 2021 CAP

The defense needs to stay intact. This will help Winston, Hill, or whomever they bring in. That’s why they went 8-1 without Brees.
Lord_Saint83 is offline   Reply With Quote
Old 01-25-2021, 02:05 PM   #10
Bounty Money $$$
 
Join Date: Oct 2008
Location: 5800 Airline Dr. Metairie, LA.
Posts: 23,691
Re: Fielding a team under the 2021 CAP

I don't understand extending Peat. If anything we need to cut or trade him and be done with that awful contract. Financially it's not likely, but I can't see paying Peat rather than replacing him. Good Lawd he's bad!
Rugby Saint II is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules


All times are GMT -5. The time now is 06:21 PM.


Copyright 1997 - 2020 - BlackandGold.com
no new posts