Saints 2022 Cap Restructure Potential
 

The Saints are currently setting at about $79 million over the projected 2022 cap. The team should begin making moves to alleviate that deficit soon.

Here is a table on Over the Cap that's shows the cap space of each team and the Restructure Potential of each team. It includes both Simple and Maximum Restructures.

From the above link:

A simple restructure converts payments into prorated signing bonuses within the confines of the remainder of the contract. Teams typically have the ability to unilaterally execute simple restructures without any action necessary from the player.

A maximum restructure increases the amount of cap space via conversion into prorated signing bonuses by either extending the contract or by adding void years to a contract, years that do not extend the contract but are only used as placeholders for the proration. Maximum restructures are typically considered a renegotiation of the contract that requires the player's consent to execute.

The Saints currently have $101,417,471 in simple restructure available which would give them about $21.6 million in available cap space. I follow these restructures every year and am planning on posting them here as I see them happen.

Re: Saints 2022 Cap Restructure Potential
 

Re: Saints 2022 Cap Restructure Potential
 

Yes, Kat, there is a restructure.

Re: Saints 2022 Cap Restructure Potential
 

She can't hear you. She's like that 'beautiful' girl your son isn't dating. LOL

You've brought that up in at least three football forums, including this one. Kat doesn't know you're alive speedo. bah hahahaha

:banana:

Re: Saints 2022 Cap Restructure Potential
 

So if the cap does not increase every year, at some point they run out of wiggle room.

Re: Saints 2022 Cap Restructure Potential
 

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		AGE	BASE SALARY	SIGNING	ROSTER	WORKOUT	RESTRUCTURE	CAP HIT	DEAD CAP	YEARLY CASH
2020	Contract details by year	25	$825,000	$4,521,508	-	-	-	$5,346,508	$64,953,413
$10,926,636
($10,926,636)
2021	Contract details by year	26	$990,000	$2,000,000	-	$100,000	$4,343,381	$7,433,381	$99,506,905
$22,806,905
($33,733,541)
2022	Contract details by year	27	$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)
2023	Contract details by year	28	$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)
2024	Contract details by year	29	$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)
2025	Contract details by year	30	$2,500,000	-	$38,900,000	$550,000	$4,343,381	$46,293,381	$4,343,381
$41,950,000
($183,533,541)
2026	Contract details by year	31	$2,500,000	-	$38,900,000	$550,000	-	$41,950,000	-
$41,950,000
($225,483,541)
2027	Contract details by year	32	$10,000,000	-	$49,400,000	$550,000	-	$59,950,000	-
$59,950,000
($285,433,541)
2028	Contract details by year	33	$13,000,000	-	$30,900,000	$550,000	-	$44,450,000	-
$44,450,000
($329,883,541)
2029	Contract details by year	34	$20,500,000	-	$23,900,000	$550,000	-	$44,950,000	-
$44,950,000
($374,833,541)
2030	Contract details by year	35	$27,000,000	-	$22,900,000	$550,000	-	$50,450,000	-
$50,450,000
($425,283,541)
2031	Contract details by year	36	$38,000,000	-	$13,900,000	$550,000	-	$52,450,000	-
$52,450,000
($477,733,541)

Re: Saints 2022 Cap Restructure Potential
 

New facts won't stop the narrative but it's nice to see some willing to explain we're more than capable of fielding a top flight team next season.

Re: Saints 2022 Cap Restructure Potential
 

The problem is that the narrative is being perpetrated by a media that does not understand the accounting principles behind this relatively new strategy. Nick Underhill is one that appears to "get it". I posted an interview with Khai Hartley recently where he mentioned their use of GAAP (generally accepted accounting principles) when dealing with the CBA and cap. It is a sound methodology. While a background in accounting makes it easier to understand, it isn't necessary.

Re: Saints 2022 Cap Restructure Potential
 

What about the narrative that states - and I'm quoting YOU here little speedo:

"The cap doesn't matter"

How many players might we have kept if, in fact, the cap didn't matter. Perhaps you can enlighten the group on these 'accounting principles'?

Oh and by the way, there's only on "C" in 'necessary'. :doh:

Re: Saints 2022 Cap Restructure Potential
 

...

Re: Saints 2022 Cap Restructure Potential
 

I've seen you "explain" these 'accounting principles' here before by directly copying and pasting from wikipedia and passing it off as your own words. Hard pass on anything you have to say on the subject. You don't know jack little man.

But perhaps you can help with accountability? Now that's a good place to start. Be accountable for harassing others here, be accountable for race-baiting, being a fan boy, playing the victim, trying to divide the board, refusing to check your ego, etc, etc.

You know...your NPD. Account for that? If you need any help, DO reach out.

Wait, didn't you tell everyone you blocked me as part of your poor little victim routine? Bah hahahahahaha. Remember speedo, I know EXACTLY what you are. N P D, and that doesn't stand for nawlins police dept.

:banana:


https://www.memecreator.org/static/i...es/4492608.jpg

Re: Saints 2022 Cap Restructure Potential
 

I thought you had him on ignore?

Re: Saints 2022 Cap Restructure Potential
 

I do have you blocked but chose to see if you might have posted something of value in this thread. As suspected you are still acting the fool and dividing the board.

As for copying and pasting accounting related material from Wikipedia, there's no need. I have a Bachelor of Science in Accounting from Louisiana State University - Shreveport, Class of '91.

Carry on with your strange obsession, Mr. Ego.

:D

Re: Saints 2022 Cap Restructure Potential
 

I do. You can selectively view an individual post by someone on your ignore list and I was giving him the possible credit for actually posting something of value. It was obviously unwarranted. It was the same foolishness that others tell me he posts constantly.

Re: Saints 2022 Cap Restructure Potential
 

Lots of 'value' in my posts, especially to those who have been attacked by you. You should just admit you can't stand to miss out on what I'm saying. That's NPD little man.

Let me give you a hint: Until you make a public apology and acknowledge your trolling, race baiting and victim mentality you can fully expect it to continue. No need to take a peek. LMAO

https://d207ibygpg2z1x.cloudfront.ne...r6mcsmhqvt.png

Re: Saints 2022 Cap Restructure Potential
 

So why would a guy with a BS in accounting copy and paste accounting principles from wikipedia?

Yes, you went back to school for it. I know, because you've broadcast that here many times - and not a single person cares. You should have studied Psych. Even an 098 might have helped you understand your own disorder (NPD).

Re: Saints 2022 Cap Restructure Potential
 

Re: Saints 2022 Cap Restructure Potential
 

So nobody was ever in cap hell prior to covid then? It's called kicking the can down the road Mr Accountant. That practice has value at times but can get you in a world of hurt. Ask Rez for his opinion on Drew's contract and how it handcuffed the team. I bet you won't argue the point with him tho huh?

Twitter makes you even more stupid.

As an accountant why can't you simply state it without twitter? You have 4 years at LSU - so clearly you're qualified to run an NFL teams cap, eh? My guess is you kept somebody's books if that. Lots of people do that without a degree - common sense and all that stuff. And yet you need twitter to make your point, and it still isn't valid.

Re: Saints 2022 Cap Restructure Potential
 

Post Of The Day!!:beatnik:

Re: Saints 2022 Cap Restructure Potential
 

Then why you keep lookin'?

Because NPD, that's why. I know you speedo. Inside and out little man...

https://i.ytimg.com/vi/1M3YkgZqXtM/hqdefault.jpg

Re: Saints 2022 Cap Restructure Potential
 

How do you do that? All I see is a link to take someone off the ignore list.

EDIT: Nevermind. I found it. There's a View Post link on the right side of a hidden post that will show it.

SFIAH

Re: Saints 2022 Cap Restructure Potential
 

This article references the available restructures and other ways to free cap space this off-season.

Re: Saints 2022 Cap Restructure Potential
 

Why worry. The cap doesn't matter, eh speedo? :nuts:

Re: Saints 2022 Cap Restructure Potential
 

It looks like we'll be able to re-sign all of our free agents, sign a dozen more outside free agent, trade for three or four starters, bring in an elite QB, and draft seven starters this year. What is this salary cap you speak of? Loomis obviously doesn't believe in it either. :p

Re: Saints 2022 Cap Restructure Potential
 

LOL! Not quite, but it certainly isn't anywhere near as bleak as last season with the cap was going down instead of taking a big jump like this year.

Re: Saints 2022 Cap Restructure Potential
 

According to you it doesn't matter if it goes up or down - because "the cap doesn't matter", eh?

I'm starting to understand why you don't work in a financial capacity for an NFL team.

:dunce:

Re: Saints 2022 Cap Restructure Potential
 

With the staffing now looking to be mostly in place maybe we can finally get started working on that cap deficit. I believe the first restructure last year occurred on February 13th, so we have a lot of catching up to do before the end of the league year on March 16th. That's when the teams are supposed to be cap compliant.

Re: Saints 2022 Cap Restructure Potential
 

But the cap doesn't matter mr 'cap deficit'. :rolleyes:

Re: Saints 2022 Cap Restructure Potential
 

This is so true!

Re: Saints 2022 Cap Restructure Potential
 

Absolutely because the cap doesn't matter. Why do they even have one speedo?

Re: Saints 2022 Cap Restructure Potential
 

This stalking is starting to get ridiculous. I see AG to be a butthole at times but he also has some good posts, with this being one. Please for the love of God and everyone on this site, stop the madness

Re: Saints 2022 Cap Restructure Potential
 

Everyone here acknowledges speedo's history - even those he hasn't attacked - particularly those he HAS attacked, and that's a decent number.

All we need - and I do mean ALL we need - is for speedo to acknowledge his behavior and pledge to end it. That's it, then it's over. He is far beyond a 'butthole', although that certainly does fit. He's getting precisely and exactly what he has given to countless members here. He's a troll and a race baiter. A PM apology would be fine. This apology can then be used to stop him the NEXT time his disorder gets out of control.

With all the hell that has broke loose he still won't do it. Still waiting...

How 'bout it speedo? :confused:

https://encrypted-tbn0.gstatic.com/i...SCJFw&usqp=CAU

Re: Saints 2022 Cap Restructure Potential
 

True hero for the peoples … Not … Just a pain in the a$$ that is inflicted on the 98%.

Re: Saints 2022 Cap Restructure Potential
 

I put him on the ignore list an all of a sudden the forum was enjoyable again. No real insights on the team or football in general missed either.

Re: Saints 2022 Cap Restructure Potential
 

The cap matters but not for us because Loomis is the ONLY person on the face of the planet who knows how to manipulate it. Other GMs only have a rudimentary understanding of basic math. THATS why our beloved Saints never have cap issues….

Re: Saints 2022 Cap Restructure Potential
 

Don't forget speedo. He's a self-proclaimed cap meister because he managed a BA in accounting from LSU, and HE says the cap doesn't matter. So why are we even paying Loomis? Why is there even a cap? It's all smoke and mirrors to our resident racist... :rolleyes:

:banana:

Re: Saints 2022 Cap Restructure Potential
 

Amen brother! :praise:

Re: Saints 2022 Cap Restructure Potential
 

Is he still up to this crap? I blocked him but I sure do wish he was banned. We used to have harmony at the BNG. Saintfan ruined that long ago. Not Guido. What does Saintfan fan have to offer besides the attitude of a spoiled child. At least Guido accepts what others have to say eventually and shares info on a regular basis. Halo please ban Saintfan. People are leaving in droves because of his actions! :rolleyes:

Re: Saints 2022 Cap Restructure Potential
 

Looking at individual contract terms for players it looks like the Saints have until March 18th to convert 2022 base salaries to signing bonus proration and until March 20th to convert roster bonuses to signing bonus proration.

Last year the first of ten restructures by the Saints occurred on February 5th and the last was March 17th, just prior to base salaries and roster bonuses hitting the 2021 books.

Re: Saints 2022 Cap Restructure Potential
 

Yes, he is, but Speedo isn't. ;)