Re: 2024 Saints Salary Cap Watch
 

The New Orleans Saints are restructuring quarterback Derek Carr's contract in a move that is expected to give the team around $23 million in salary cap relief, sources told ESPN's Jeremy Fowler on Friday.

Carr was due $30 million in base salary for the 2024 season, so converting a large portion of that into a signing bonus can help the Saints, who likely need to free up roughly $80 million via restructures.

https://www.espn.com/nfl/story/_/id/...ap-sources-say

Re: 2024 Saints Salary Cap Watch
 

Only $51.7 million left to go. We still have almost $38 million in roster bonuses that can easily be converted to clear up another $30 million or more.

:bng:

Re: 2024 Saints Salary Cap Watch
 

Figured Ruiz would be up soon with his $8 million roster bonus. Probably Granderson soon after this with his $9 million. Then Cam Jordan with his $13 million in salary and roster bonus.

Re: 2024 Saints Salary Cap Watch
 

This is the key that some people just do not understand. For any accounting methodology to be successful it has to be used consistently. Changing things in midstream negates the positive affects. You cannot flop back and forth between FIFO and LIFO and hope to keep afloat.

Re: 2024 Saints Salary Cap Watch
 

Every year same concerns,
Every year restructures get us under the cap.
Rinse-repeat

Re: 2024 Saints Salary Cap Watch
 

“Winning a championship is not the ultimate goal.”

~ Quido

Re: 2024 Saints Salary Cap Watch
 

Yup. And in the world of an ever-expanding cap this methodology maximizes the value by accounting for current period cash paid in later periods where it makes up a smaller percentage of the total cap than in the period in which it actually occurred. However, it can only work to its greatest advantage if it is used consistently.

Re: 2024 Saints Salary Cap Watch
 

What do you mean by 'consistently' and why can it only work if used 'consistently'? Its essentially debt guaranteed against an asset (the player) that can be financed interest free but triggers a balloon payment if the asset (player) is disposed of (cut or trade). So its a lot like mortgages on real estate. Could mortgages for a real estate holding company only work to their greatest advantage if they are used consistently? Or could that real estate company weather downturns and rid itself of liabilities faster if it held some assets without mortgages or didn't mortgage every asset to the maximum extent?

Likewise, might it not be to the Saints advantage if given the uncertainty around Ryan Ramczyk's future, his contract was left as-is to provide flexibility should he suddenly be forced into retirement or be unable to perform? And likewise, might it not be to the Saints greatest advantage if they had the financial flexibility to exit Derek Carr's contract in the 2025 offseason, just like it was to the advantage of recent Super Bowl teams to be able to exit the contracts of Alex Smith, Jimmy Garappalo, Caron Wentz, Jared Goff, Andy Dalton, and Jameis Winston when needed?

Re: 2024 Saints Salary Cap Watch
 

Re: 2024 Saints Salary Cap Watch
 

The 2024 salary cap final number comes in at $13 million more than the projected number of $242.5 million! This immediately reduces the Saints' cap deficit by that same $13 million!

Re: 2024 Saints Salary Cap Watch
 

Re: 2024 Saints Salary Cap Watch
 

Why would we want to exit the contract of our franchise QB? :doh:

Re: 2024 Saints Salary Cap Watch
 

You did not answer my questions.

I will answer yours, please return the favor regarding my previous questions.

Derek Carr is due $40 million in 2025 and $50 million in 2026. His wins in 2023 came against the league wide GOAT Franchise QB stars Ryan Tannehill, Bryce Young, Mac Jones, Garrett Minshew, Tyson Bagent, and Tommy Devito while he was 1-1 against Baker Mayfield and Desmond Ridder. The world where Derek Carr has silenced all his critics and is definitely the player who is bringing us super bowl glory worthy of $40-$50 million dollar future salaries is a ridiculous fantasy that does not exist. Every sane person who follows the NFL is well aware that this should be a make or break year for Carr in New Orleans and that he is very much 100% at a similar point in his career to players like Russell Wilson, Alex Smith, Garappalo, Wentz, Ryan, etc whose teams wisely moved on. We would want the option to exit the contract of our 'franchise quarterback' because it is not remotely clear that he can ever be a franchise quarterback, he is ranked ranked in the bottom half of quarterbacks in the league in the vast majority of rankings, and another NFL franchise went out of its way to exit his contract just under 12 months ago. I hope he has a good season, but in the real world if you want to survive you hope for the best and plan for the worst.

Re: 2024 Saints Salary Cap Watch
 

You are so whacko that I skim past your ridiculous questions along with the other crap you come up with. You and your gyroscopic balls.

:dunce:

Re: 2024 Saints Salary Cap Watch
 

Your salary cap table actually proves my point. Going from 34.6 in 1994 to 255.4 30 years later in 2024 is actually only a 6.9% average increase annually. Many years the increase was smaller and the cap was completely flat from 2009 to 2013. The pandemic was not a singular one time year the salary cap did not massively increase, it was part of a long pattern that the cap is volatile. And the 2009 recession? Well, do you get the feeling watching the news that there definitely could not be another recession in the near future? By restructuring contracts over 5 years we essentially can on average live in the Year 3 salary cap of that restructure if we give up almost all flexibility to get out of bad contracts. With a 6.9% average annual increase, year 3 gives us 14.3% more cap in return for an old stagnant roster. And meanwhile we get decimated if there is a pandemic, recession, downturn etc. The last few years have been a bonanza but now many streaming services that have been loss leaders are looking to merge and regain profitability. The NFL is desperate to sue and find a loophole to stop services from merging and combining their game licenses because they fear it will reduce competition and lower bids. Once a stock darling asset, ESPN has had massive layoffs and may be sold or spun off. So even without another recession or pandemic, the salary cap could stagnate or fall due to the streaming bubble popping. And then there is the risk of oversaturating the market. The big picture is that long term the salary cap goes up only 6.9% per year with high volatility, and successful franchises have been able to pivot and move on from aging veterans and gotten young QBs, something we can't do.

Re: 2024 Saints Salary Cap Watch
 

Blah, blah, blah, blah, blah, blah, blah , blah, blah, blah , blah, blah, blah , blah, blah, blah , blah, blah, blah , blah, blah, blah , blah, blah, blah , blah, blah, blah , blah, blah, blah , blah, blah, blah , blah, blah, blah , blah, blah, blah , blah, blah, blah , blah, blah, blah , blah, blah, blah , blah, blah, blah , blah, blah, blah ...

:doh:

Re: 2024 Saints Salary Cap Watch
 

Go shove it up your mothers magnetic holes. If you think Derek Carr is a franchise QB you aren’t much pickier about men than she is.

Re: 2024 Saints Salary Cap Watch
 

And there he is again. Back to the name calling. Go find a life, dude. Does it make you feel special calling other people's mothers cheap whores? That's the second time you gone there. You need serious help. Very serious help.

:crazy: ;p

Re: 2024 Saints Salary Cap Watch
 

Some people can't understand the simple logic.

Re: 2024 Saints Salary Cap Watch
 

It's only the beginning. The cap will most likely reach $300 million by 2027 and $400 isn't out of the question by the end of the decade.

Re: 2024 Saints Salary Cap Watch
 

You called me a wacko, ridiculous, and made a joke about my balls. I don't deal in half measures so if you try make vague half way personal insults with me I am a plain honest person who will return the favor honestly with clear unmistakable straightforward insults. I have told you this before, but you just can't get it through your head. I don't start the name calling, you start it with all your piddley crap like wacko, ridiculous, crazy. But then your mom comes up and all of a sudden you are some kind of innocent girl scout.

The salary cap reaching $255 million is no guarantee it will reach $300 or $400 million soon. The average increase historically is 6.9%. This was a good year and it increased 13.6%. But from 2009-2013 it did not increase at all, and that was not the first recession in history and likely won't be the last. The NFL is profiting now from companies seeking to be loss leaders to corner market share in streaming but once these companies are entrenched or merge and reduce competition, they may reduce their bids for television rights. The NFL is very concerned about services merging and trying legal efforts to stop different rights holders from combining their services onto a single subscription.

Your comparison of $55 million cost just spread out differently due to different accounting methods assumes every player finishes every contract. One of the biggest problems with the Mickey Loomis method is that some players struggle early in their contracts and do not merit the salaries scheduled later in their contracts but the Saints can't cut them and avoid paying the full amount because Mickey's 'accounting method' means it costs too much dead cap to ever move on early. You have to consider the real example where under a different accounting method we would cut a bad player after 3 years and pay only $33 million while under the Mickey Loomis method instead of $55 million we would pay $66 million because we would have to extend the player for a sixth year to prepare for the dead cap when they leave, even though they have not been good since the 2nd year and another team would have cut them after the 3rd.

The guy who has been predicting Michael Thomas for Comeback Player of the The Year on the 20-0 Saints since 2020 needs to realize he doesn't know everything and he can't win Mickey Loomis's love no matter how much he defends him, because he is not a bottle a booze.

Re: 2024 Saints Salary Cap Watch
 

Hey, Bako. The ball reference was not about your precious gonads. It was referring to your goofy assed claim that rigging could happen in golf with the use of gyroscopes in the balls.

LOL!!

I'm not wasting my time reading past your first sentence because at a glance I can see it's nothing more than your personal bias that has grown into a full-fledged obsession. I now see why they banned you from over at that "other site". You ARE a whacko.

Re: 2024 Saints Salary Cap Watch
 

And back to the original purpose of this thread.

Re: 2024 Saints Salary Cap Watch
 

Re: 2024 Saints Salary Cap Watch
 

This here. Miami is having to cut their #1 CB because of how they handle their cap. Restructuring isn't an option, it became a necessity. New Orleans, however, can easily get under the cap without cutting or trading a single player.

Re: 2024 Saints Salary Cap Watch
 

Man it must suck to be a Dolphins fan the past few years. Better record than the Saints for two straight years. Four straight winning seasons in a much tougher division than the Saints. Electric big plays. Scoring 70 against our head coaches daddy. Aquiring Tyreek Hill and Jalen Ramsey and Terron Armstead instead of Derek Carr and a case of Jim Beam. But your right none of that counts because maybe they can’t afford to keep one aging corner because they spent the money aquiring 3 other stars. The Saints are kings under Loomis because they don’t ‘have to’ do anything but kick the can, and man can they kick it.

Re: 2024 Saints Salary Cap Watch
 

Ramsey is right behind Howard in age, tbh. They basically acquired one aging CB to release another aging CB. Tyreek Hill was a great acquisition for sure, but if it don’t result in a ring it’s kind of useless. Then we got Armstead who is 32 and often injured. Miami is basically the Saints of the 2010’s. Scoring like crazy. Playing exciting football. No ring.

Re: 2024 Saints Salary Cap Watch
 

BAKO, you are in a discussion with a guy who is quoted as saying:
“Winning championships is a goal, but not the main goal”, and who drives ten hours round trip to sit in a refurbished dome and feel a fresh and starchy Carr Jersey rubbing up against his nipples.

Re: 2024 Saints Salary Cap Watch
 

The Cesar Ruiz restructure is supposedly close to being official. That should get us to under $25 million from the required cap number.

Re: 2024 Saints Salary Cap Watch
 

There it is.

Re: 2024 Saints Salary Cap Watch
 

Re: 2024 Saints Salary Cap Watch
 

Ramczyk
Jordan
Demario
Taysom
Mathieu
Maye

Potential restructures that get us in the black with room to spend.

Michael Thomas is gone.
Does Lattimore get traded?
Cut Hurst and save $4MM.

Re: 2024 Saints Salary Cap Watch
 

My only question would be cutting Hurst. While he's nothing special, he is versatile. There is a glaring shortage of offensive linemen across the league. There isn't a team in the league that that isn't struggling to field a full quality line these days.

Andrew Whitworth shares great insight on what's causing NFL's declining offensive line play

As for what’s causing the regression in offensive line play, Whitworth credits defensive linemen, but he also says linemen don’t have to block in college the way they have to in the NFL.

“I think there’s a lot of things. Really, you look at it, the mixture of D-linemen we’re seeing are more and more athletic. They’re bigger, they’re stronger – in the sense that they’re not worse competition, but that may be some of your offensive tackles that are now playing D-tackle or defensive end in a 3-4 that could’ve been left tackles,” he said.

He continued: “The college system isn’t anything like the NFL system. These guys barely have to block, so I just think they’re coming in unprepared.”

The NFL has an offensive line problem — and help is not on the way

The league has an offensive line problem, according to longtime lineman Andrew Whitworth.

The Super Bowl LVI champion and current Amazon broadcaster made an appearance on ESPN’s “This is Football with Kevin Clark” to discuss what Clark labeled a “crisis.” When asked if 2023 was a low point for offensive line play, Whitworth wholeheartedly agreed.

“Oh, that’s for sure,” said Whitworth, who spent 16 years in the league. “I mean I think it’s definitely not the quality of what we’ve seen. I think there’s some really good football players out there. That doesn’t mean there’s not some guys that are dominating at the offensive line position. But if you went in the totality, it’s rough. There’s a lot of weeks where you go, ‘Man, I don’t know how we can’t find another guy, or another three or four guys who are better than this.’”

Why Are so Many Offensive Lines Struggling in the NFL?

There are a ton of factors but I want to point out three that I believe are the most impactful. First, the current CBA is centered around player safety which is great. They are decreasing the number of practices allowed in an effort to keep players healthier. The downside of this is the offensive line does not get a chance to practice their skills as much. They spend a handful of practices actually in pads blocking actual defenders coming at them. Even in that setting, the defenders are still letting up at the end so as to not injure their own quarterback. These players need more practice due to the many skills needed for the position.

This goes directly into my second point. The offensive line is one of the most difficult positions to play. It isn’t about lining up and blocking a player. Proper footwork, angles, hand play, leverage, balance, and patience all factor into the equation. It isn’t enough to just be big and athletic. Look at former second-overall pick Greg Robinson. The Rams took him as analysts gushed over his athletic skills. It wasn’t enough. He was never able to get the myriad of other skills and skilled pass-rushers exploited his deficiencies.

The final factor is the college football landscape and how offenses are run. While the spread offense isn’t as prevalent as it was a half-decade ago, the NFL is different from college football. The players are different in college football. 99% of the players will not be going to the NFL so being big and athletic is usually enough. Coaches don’t have to worry about the technical side of it when their player is simply bigger and faster than the person on the other side.

Other mentions of the problem:

Why one of the NFL's most crucial position groups is in crisis

The NFL's Offensive Line Crisis Has No Single Diagnosis

Lack of Offensive Line Development in NFL Falls on League, Coaches

Re: 2024 Saints Salary Cap Watch
 

Maybe. Just maybe our new coaches know how to teach and develop the skills the players haven't been taught yet. Teaching concepts is essential for a team transitioning offensive philosophies. Penning always had that lost look in his eyes when he was on the field. I don't think he understood how to execute his assignment on the field. These new coaches might actually be competent!

Re: 2024 Saints Salary Cap Watch
 

WILL THE CRISIS AFFECT A?

IF NOT:

A IS TRUE BECAUSE B IS TRUE

A= $150 million in 2025. That is over a 36% increase in revenue.. It matters not if the team goes 20-0 or 0-17 they all get equal shares of the revenues.

YET

B=The league has an offensive line problem GO BACK TO A

Re: 2024 Saints Salary Cap Watch
 

Once in awhile I "un-ignore" this guy just out of curiosity thinking that maybe he actually posts something that makes some sort of sense.

Does anyone here understand what any of this has to do with the price of tea in China?

:nuts: :D :roflmao:

Re: 2024 Saints Salary Cap Watch
 

I do agree with you here. Maybe he is arguing that you can't call poor offensive line play a 'crisis' for the league because it does not affect league profits. But I think you meant it was a crisis for offenses across the league trying to score points and protect their QB, not for profits. And what the hell does A is true because B is true mean? Is he saying the league is profitable because oline suck?

Re: 2024 Saints Salary Cap Watch
 

My take-

Ram - The worst restucture ever if we do it. He might retire before week 1 if things go bad for all we know. We can't be pushing that money to 2028.

Jordan - Probably have to restructure him. Bad contract but his 2024 salary is guaranteed.

Demario - Would be nice not to restructure. He had a career year but at his age and position the cliff is steep and bound to be coming. But not the worst restructure since the decline has not already happened.

Taysom - Would be nice not to restructure. Similar to Demario except you can also question value. For all he does, there is a strong argument that a solid oline starter who is on the field every down would help the offense more than scripted runs here and there.

Mathieu - Probably will restructure him. Productive. Not super expensive.

Maye - Should be a candidate to cut for youth movement, our depth is better.

Thomas - He is gone because he burned the starting QB on social media. It is just as likely we bring back BOTH Joe Horn and Willie Roaf as assistant coaches with adjacent offices than that we retain Michael Thomas.

Lattimore - I favor trading him for a youth movement. The reliability is lost, the ability has started to decline, the cliff is coming, and he deserves a chance to play for a contender before he is done. But he is still ok so not the worst restructure ever.

Hurst - We should not cut him. $4 million is cheap. Paying Carr an injury settlement would not be.

Re: 2024 Saints Salary Cap Watch
 

Kind of agree with most, not all, but if the team believes the surgery (deemed successful) can extend Ramczyk then by all means restructure. Offensive linemen are extremely hard to find and Ramczyk is one of the best we've had recently.

Re: 2024 Saints Salary Cap Watch
 

“Once in awhile I "un-ignore" this guy just out of curiosity…”

LMFAO 😂