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Saints 2022 Cap Restructure Potential

this is a discussion within the Saints Community Forum; So if the cap does not increase every year, at some point they run out of wiggle room....

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Old 02-17-2022, 05:34 AM   #1
 
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Re: Saints 2022 Cap Restructure Potential

So if the cap does not increase every year, at some point they run out of wiggle room.
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Old 02-17-2022, 08:26 AM   #2
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Re: Saints 2022 Cap Restructure Potential

Originally Posted by SmashMouth View Post
So if the cap does not increase every year, at some point they run out of wiggle room.
Correct. But, that has happened just one time in the history of the cap and was able to be absorbed. The new broadcast contracts guarantee the cap will continue to grow at an even faster pace through the 2033 season. Of course, another pandemic could happen, I suppose. More and more clubs are starting to structure contracts, especially the big ones, to take advantage of the current versus future value concept that the Saints' Loomis and Khai Harley have been using for years.

Check out the roster bonuses built into Mahomes' contract. He has $315.5 million in remaining roster bonuses built into it that can automatically be converted annually into signing bonuses and prorated into future periods through the 2032 season. It's not a coincidence that this corresponds to the term of the new broadcast contracts and projected cap explosion:

YEAR AGEBASE SALARYSIGNINGROSTERWORKOUTRESTRUCTURECAP HITDEAD CAPYEARLY CASH 
2020Contract details by year25$825,000$4,521,508---$5,346,508$64,953,413  
$10,926,636           
($10,926,636)           
2021Contract details by year26$990,000$2,000,000-$100,000$4,343,381$7,433,381$99,506,905  
$22,806,905           
($33,733,541)           
2022Contract details by year27$1,500,000$2,000,000$27,400,000$550,000$4,343,381$35,793,381$92,173,524  
$29,450,000           
($63,183,541)           
2023Contract details by year28$5,500,000$2,000,000$34,400,000$550,000$4,343,381$46,793,381$56,930,143  
$40,450,000           
($103,633,541)           
2024Contract details by year29$2,500,000$2,000,000$34,900,000$550,000$4,343,381$44,293,381$10,686,762  
$37,950,000           
($141,583,541)           
2025Contract details by year30$2,500,000-$38,900,000$550,000$4,343,381$46,293,381$4,343,381  
$41,950,000           
($183,533,541)           
2026Contract details by year31$2,500,000-$38,900,000$550,000-$41,950,000-  
$41,950,000           
($225,483,541)           
2027Contract details by year32$10,000,000-$49,400,000$550,000-$59,950,000-  
$59,950,000           
($285,433,541)           
2028Contract details by year33$13,000,000-$30,900,000$550,000-$44,450,000-  
$44,450,000           
($329,883,541)           
2029Contract details by year34$20,500,000-$23,900,000$550,000-$44,950,000-  
$44,950,000           
($374,833,541)           
2030Contract details by year35$27,000,000-$22,900,000$550,000-$50,450,000-  
$50,450,000           
($425,283,541)           
2031Contract details by year36$38,000,000-$13,900,000$550,000-$52,450,000-  
$52,450,000           
($477,733,541)           

“The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty.” — Winston Churchill
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