Saints 2022 Cap Restructure Potential

AsylumGuido · 03-01-2022, 06:00 PM

Let me try restating this ... the Saints' Mickey Loomis and Khai Harley are not restructuring player contracts because they HAVE to restructure them. They are restructuring them because the contracts were designed to be restructured when they were first written two, three, and four years ago. They know now who is to be restructured next year, and the year after, and the year after.

saintfan · 03-01-2022, 06:32 PM

Originally Posted by AsylumGuido

Let me try restating this ... the Saints' Mickey Loomis and Khai Harley are not restructuring player contracts because they HAVE to restructure them. They are restructuring them because the contracts were designed to be restructured when they were first written two, three, and four years ago. They know now who is to be restructured next year, and the year after, and the year after.

Thank YOU Mr Helper. Anybody here who didn't know that already please raise your hand....

You see Mr Racist, the cap DOES matter after all eh? Contracts are built to accommodate it.

AsylumGuido · 03-04-2022, 11:09 AM

I had posted this in the Free Agency thread but it applies to this topic perfectly.

This is a perfect example of how the structure of contracts can affect the ability to retain key player. Cooper's $100 million five year contract has straight base salaries of $20 each of his last four years. There are no roster bonuses as part of the $100 million. No workout bonuses. It appears that the base salary isn't written with a team unilateral conversion option.

These are all common components used by Harley and Loomis in the average Saints contract construction giving the easy ability to readily free cap when needed. With the same $100 million outlay they have the ability to reduce that $20 million cap hit with a simple restructure in year three and retain the player with only a $7 million cap hit freeing up $13 million. On the other hand, the Cowboys may be forced to release the player while still taking a $6 million cap in in dead money from his initial $10 million signing bonus. They only free up $14 million in cap AND lose the player.

All the details are here on Spotrac.

saintfan · 03-04-2022, 02:58 PM

Originally Posted by AsylumGuido

I had posted this in the Free Agency thread but it applies to this topic perfectly.

https://twitter.com/AdamSchefter/sta...71324956356613

This is a perfect example of how the structure of contracts can affect the ability to retain key player. Cooper's $100 million five year contract has straight base salaries of $20 each of his last four years. There are no roster bonuses as part of the $100 million. No workout bonuses. It appears that the base salary isn't written with a team unilateral conversion option.

These are all common components used by Harley and Loomis in the average Saints contract construction giving the easy ability to readily free cap when needed. With the same $100 million outlay they have the ability to reduce that $20 million cap hit with a simple restructure in year three and retain the player with only a $7 million cap hit freeing up $13 million. On the other hand, the Cowboys may be forced to release the player while still taking a $6 million cap in in dead money from his initial $10 million signing bonus. They only free up $14 million in cap AND lose the player.

All the details are here on Spotrac.

Try not to re-post stuff you know has been posted already. It really clutters up the board. Thanks!

AsylumGuido · 03-09-2022, 09:20 PM

Still only the three restructures to this point. The Saints still have until March 18th to convert 2022 base salaries to signing bonus proration and until March 20th to convert roster bonuses to signing bonus as I pointed out earlier in the thread.

saintfan · 03-09-2022, 11:11 PM

Originally Posted by AsylumGuido

Still only the three restructures to this point. The Saints still have until March 18th to convert 2022 base salaries to signing bonus proration and until March 20th to convert roster bonuses to signing bonus as I pointed out earlier in the thread.

As you pointed out? hahhaha...According to you they'll restructure everybody and sign an nfl all star roster huh little man? As I have pointed out in many other threads...

AsylumGuido · 03-10-2022, 08:49 AM

And here they come again.+ I'll post the details once they become official.

That gets us to within around $30 million of the cap limit.

Crusader likes this.

AsylumGuido · 03-10-2022, 08:59 AM

Crusader likes this.

saintfan · 03-10-2022, 08:59 AM

Originally Posted by AsylumGuido

And here they come again.+ I'll post the details once they become official.

https://twitter.com/FieldYates/statu...12145272913929

That gets us to within around $30 million of the cap limit.

How many threads are you going to post the same info in - stop the double dipping to improve your post numbers fool...

AsylumGuido · 03-10-2022, 09:14 AM

While overthecap.com and spotrac.com are the two most common sources of cap information, the NFLPA tracks the cap status, as well, and they have a slightly different current standing that the others.

NFLPA Public Salary Cap Report

They had the Saints at ($35,702,371) to the cap before today's restructures.

03-01-2022, 06:00 PM	#71
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,214	Re: Saints 2022 Cap Restructure Potential Let me try restating this ... the Saints' Mickey Loomis and Khai Harley are not restructuring player contracts because they HAVE to restructure them. They are restructuring them because the contracts were designed to be restructured when they were first written two, three, and four years ago. They know now who is to be restructured next year, and the year after, and the year after.

03-01-2022, 06:32 PM	#72
saintfan Donated Plasma Join Date: Jul 2002 Location: San Francisco, CA Posts: 18,556 Blog Entries: 5	Re: Saints 2022 Cap Restructure Potential Originally Posted by AsylumGuido Let me try restating this ... the Saints' Mickey Loomis and Khai Harley are not restructuring player contracts because they HAVE to restructure them. They are restructuring them because the contracts were designed to be restructured when they were first written two, three, and four years ago. They know now who is to be restructured next year, and the year after, and the year after. Thank YOU Mr Helper. Anybody here who didn't know that already please raise your hand.... You see Mr Racist, the cap DOES matter after all eh? Contracts are built to accommodate it.

03-04-2022, 11:09 AM	#73
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,214	Re: Saints 2022 Cap Restructure Potential I had posted this in the Free Agency thread but it applies to this topic perfectly. Twitter This is a perfect example of how the structure of contracts can affect the ability to retain key player. Cooper's $100 million five year contract has straight base salaries of $20 each of his last four years. There are no roster bonuses as part of the $100 million. No workout bonuses. It appears that the base salary isn't written with a team unilateral conversion option. These are all common components used by Harley and Loomis in the average Saints contract construction giving the easy ability to readily free cap when needed. With the same $100 million outlay they have the ability to reduce that $20 million cap hit with a simple restructure in year three and retain the player with only a $7 million cap hit freeing up $13 million. On the other hand, the Cowboys may be forced to release the player while still taking a $6 million cap in in dead money from his initial $10 million signing bonus. They only free up $14 million in cap AND lose the player. All the details are here on Spotrac.
	“The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty.” — Winston Churchill

03-04-2022, 02:58 PM	#74
saintfan Donated Plasma Join Date: Jul 2002 Location: San Francisco, CA Posts: 18,556 Blog Entries: 5	Re: Saints 2022 Cap Restructure Potential Originally Posted by AsylumGuido I had posted this in the Free Agency thread but it applies to this topic perfectly. https://twitter.com/AdamSchefter/sta...71324956356613 This is a perfect example of how the structure of contracts can affect the ability to retain key player. Cooper's $100 million five year contract has straight base salaries of $20 each of his last four years. There are no roster bonuses as part of the $100 million. No workout bonuses. It appears that the base salary isn't written with a team unilateral conversion option. These are all common components used by Harley and Loomis in the average Saints contract construction giving the easy ability to readily free cap when needed. With the same $100 million outlay they have the ability to reduce that $20 million cap hit with a simple restructure in year three and retain the player with only a $7 million cap hit freeing up $13 million. On the other hand, the Cowboys may be forced to release the player while still taking a $6 million cap in in dead money from his initial $10 million signing bonus. They only free up $14 million in cap AND lose the player. All the details are here on Spotrac. Try not to re-post stuff you know has been posted already. It really clutters up the board. Thanks!

03-09-2022, 09:20 PM	#75
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,214	Re: Saints 2022 Cap Restructure Potential Still only the three restructures to this point. The Saints still have until March 18th to convert 2022 base salaries to signing bonus proration and until March 20th to convert roster bonuses to signing bonus as I pointed out earlier in the thread.

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03-09-2022, 11:11 PM	#76
saintfan Donated Plasma Join Date: Jul 2002 Location: San Francisco, CA Posts: 18,556 Blog Entries: 5	Re: Saints 2022 Cap Restructure Potential Originally Posted by AsylumGuido Still only the three restructures to this point. The Saints still have until March 18th to convert 2022 base salaries to signing bonus proration and until March 20th to convert roster bonuses to signing bonus as I pointed out earlier in the thread. As you pointed out? hahhaha...According to you they'll restructure everybody and sign an nfl all star roster huh little man? As I have pointed out in many other threads...

03-10-2022, 08:49 AM	#77
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,214	Re: Saints 2022 Cap Restructure Potential And here they come again.+ I'll post the details once they become official. Twitter That gets us to within around $30 million of the cap limit. Crusader likes this.

03-10-2022, 08:59 AM	#78
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,214	Re: Saints 2022 Cap Restructure Potential Twitter Crusader likes this.

03-10-2022, 09:14 AM	#80
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,214	Re: Saints 2022 Cap Restructure Potential While overthecap.com and spotrac.com are the two most common sources of cap information, the NFLPA tracks the cap status, as well, and they have a slightly different current standing that the others. NFLPA Public Salary Cap Report They had the Saints at ($35,702,371) to the cap before today's restructures.