Fielding a team under the 2021 CAP

TheOak · 01-25-2021, 07:37 AM

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/

vpheughan · 01-25-2021, 08:07 AM

I read that 3 weeks ago and quite possibly posted it on here.

TheOak · 01-25-2021, 08:12 AM

Originally Posted by vpheughan

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.

UK_WhoDat · 01-25-2021, 12:04 PM

Originally Posted by TheOak

Then you would have read the date which was 5 days ago.

Very much detective work, there.

Boston Saint · 01-25-2021, 12:22 PM

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

YouTube

SmashMouth · 01-25-2021, 01:31 PM

Originally Posted by TheOak

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 · 01-25-2021, 01:42 PM

Originally Posted by SmashMouth

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 · 01-25-2021, 01:45 PM

Jared Cook needs to geaux.

Lord_Saint83 · 01-25-2021, 02:37 PM

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.

Rugby Saint II · 01-25-2021, 03:05 PM

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!

01-25-2021, 07:37 AM	#1
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 19,026	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

01-25-2021, 08:07 AM	#2
vpheughan 1000 Posts + Join Date: Aug 2007 Posts: 4,518	Re: Fielding a team under the 2021 CAP I read that 3 weeks ago and quite possibly posted it on here.
vpheughan 1000 Posts + Join Date: Aug 2007 Posts: 4,518

01-25-2021, 08:12 AM	#3
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 19,026	Re: Fielding a team under the 2021 CAP Originally Posted by vpheughan 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.

01-25-2021, 12:04 PM	#4
UK_WhoDat 1000 Posts + Join Date: Aug 2003 Location: Wherever I lay my hat Posts: 3,925	Re: Fielding a team under the 2021 CAP Originally Posted by TheOak Then you would have read the date which was 5 days ago. Very much detective work, there. Rugby Saint II likes this.

01-25-2021, 01:31 PM	#6
SmashMouth I donated, did you? Join Date: Sep 2007 Location: Mandeville, LA Posts: 38,123 Blog Entries: 29	Re: Fielding a team under the 2021 CAP Originally Posted by TheOak 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.

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01-25-2021, 01:42 PM	#7
K Major Site Donor 2019 Join Date: Jan 2013 Location: Bedford, TX Posts: 24,618 Blog Entries: 3	Re: Fielding a team under the 2021 CAP Originally Posted by SmashMouth 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.

01-25-2021, 01:45 PM	#8
K Major Site Donor 2019 Join Date: Jan 2013 Location: Bedford, TX Posts: 24,618 Blog Entries: 3	Re: Fielding a team under the 2021 CAP Jared Cook needs to geaux. Rsanders24, cmike and gosaints1 like this.

01-25-2021, 02:37 PM	#9
Lord_Saint83 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.

01-25-2021, 03:05 PM	#10
Rugby Saint II Bounty Money $$$ Join Date: Oct 2008 Location: 5800 Airline Dr. Metairie, LA. Posts: 24,044	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!