| AsylumGuido |
03-16-2021 12:27 PM |
Re: Taysom Hill creates $7.75 million in cap space with special accounting restructuring
Quote:
Originally Posted by gosaints1
(Post 916385)
I never said it was a player’s problem, I’ve always said it was an organizational problem. Pretty sure the Eagles are paying Wentz $34M to play somewhere else. Our players are no different. We’ll soon, post 6/1, be above that amount wrt “dead money”.
It’s simple:
1) Dead Money Players are no longer with the organization.
2) The organization is still paying them.
Say it’s for past work, say it’s for future work, say it’s for helping little old ladies across the street, say it’s for going to church, say it’s for defending daylight savings time, say it’s for enjoying wine instead of beer..., I don’t care what each of us say it’s for, bc the dogmatic truth is:
1 & 2 above are facts, unassailable.
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While #1 is absolutely true, #2 is absolutely false. The organization paid those players already. Not one penny is now going to them. None. The "dead money" is nothing more than accounting for the earned and previously paid expenditures from prior periods.
THAT is the unassailable fact that you seem to be unable to comprehend.
Every dollar of the Saints 2021 Dead Cap is the result of bonuses paid in prior periods.
| Player | POS | Base Salary | Signing Bonus | Roster Bonus | Option Bonus | Workout | Restructure | Misc. | Dead Cap | Cap Hit | Cap % | | Janoris Jenkins | CB | - | $6,000,000 | $1,200,000 | - | - | - | - | - | $7,200,000 | 3.88 | | Sheldon Rankins | DT | - | $4,000,000 | - | - | - | - | - | - | $4,000,000 | 2.16 | | Emmanuel Sanders | WR | - | $4,000,000 | - | - | - | - | - | - | $4,000,000 | 2.16 | | Jared Cook | TE | - | $2,000,000 | - | - | - | - | - | - | $2,000,000 | 1.08 | | Thomas Morstead | P | - | $2,000,000 | - | - | - | - | - | - | $2,000,000 | 1.08 | | Malcom Brown | DT | - | $1,500,000 | - | - | - | - | - | - | $1,500,000 | 0.81 | | Nick Easton | G | - | $1,000,000 | - | - | - | - | - | - | $1,000,000 | 0.54 | | Josh Hill | TE | - | $750,000 | - | - | - | - | - | - | $750,000 | 0.40 | | Saquan Hampton | S | - | $97,604 | - | - | - | - | - | - | $97,604 | 0.05 | | Tommy Stevens | TE | - | $60,447 | - | - | - | - | - | - | $60,447 | 0.03 | | Will Clapp | C | - | $18,285 | - | - | - | - | - | - | $18,285 | 0.01 | | Joe Bachie | LB | - | $10,000 | - | - | - | - | - | - | $10,000 | 0.01 | | Jordan Steckler | G | - | $10,000 | - | - | - | - | - | - | $10,000 | 0.01 | | Calvin Throckmorton | T | - | $8,334 | - | - | - | - | - | - | $8,334 | 0.00 | | Juwan Johnson | WR | - | $6,667 | - | - | - | - | - | - | $6,667 | 0.00 | | Tony Jones | RB | - | $6,667 | - | - | - | - | - | - | $6,667 | 0.00 | | Keith Washington | CB | - | $6,667 | - | - | - | - | - | - | $6,667 | 0.00 | | Tino Ellis | CB | - | $5,000 | - | - | - | - | - | - | $5,000 | 0.00 | | Darrin Paulo | T | - | $3,334 | - | - | - | - | - | - | $3,334 | 0.00 | | Chase Hansen | LB | - | $1,668 | - | - | - | - | - | - | $1,668 | 0.00 | | Gus Cumberlander | DE | - | $1,000 | - | - | - | - | - | - | $1,000 | 0.00 | | Dead Money: | | - | $21,485,673 | $1,200,000 | - | - | - | - | - | $22,685,673 | 12.23 |
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