|
this is a discussion within the Saints Community Forum; Great News!!! Reports that Jon Stinchomb's 2011 salary was guaranteed were not accurate. The New Orleans Saints will save $2.25 million this year after releasing the eight-year veteran on Monday. Apparently, Stinchcomb's contract originally called for a guaranteed salary this ...
|
|
LinkBack | Thread Tools | Display Modes |
08-16-2011, 04:05 PM | #1 |
Rating:
(0 votes - average)
Great News!!!
Reports that Jon Stinchomb's 2011 salary was guaranteed were not accurate. The New Orleans Saintswill save $2.25 million this year after releasing the eight-year veteran on Monday. Apparently, Stinchcomb's contract originally called for a guaranteed salary this season, but the guarantee was voided after he received a $5.5 million "completion" bonus in 2010. The Saints will still be charged about $2.5 million against the salary cap this year to account for the pro-rated portion of earlier bonuses paid out to Stinchcomb. And next year, they will be charged the remaining pro-ration amount of around $5 million. But they did save $2.25 million against this year's cap by releasing him. Read the rest Jon Stinchcomb's 2011 salary was not guaranteed with New Orleans Saints | NOLA.com |
|
Views: 2204
|
Latest Blogs | |
2023 New Orleans Saints: Training Camp Last Blog: 08-01-2023 By: MarchingOn
Puck the Fro Browl! Last Blog: 02-05-2023 By: neugey
CFP: "Just Keep Doing What You're Doing" Last Blog: 12-08-2022 By: neugey |
08-16-2011, 04:22 PM | #2 |
Bounty Money $$$
Join Date: Oct 2008
Location: 5800 Airline Dr. Metairie, LA.
Posts: 24,073
|
$2.5 million........why waste time on chump change?
|
08-16-2011, 04:23 PM | #3 |
Banned
Join Date: Mar 2009
Location: "Little Ole Town in Tejas"
Posts: 7,586
|
Thats enough to sign Sharper...
|
08-16-2011, 10:01 PM | #6 |
Moderator
Join Date: Sep 2007
Location: New Haven Ct
Posts: 23,985
|
Sign Sharper
|
08-16-2011, 10:55 PM | #8 |
Banned
Join Date: Mar 2009
Location: "Little Ole Town in Tejas"
Posts: 7,586
|
|
08-17-2011, 09:16 AM | #9 |
Site Donor
Join Date: Apr 2010
Location: Bayou Bayfield CO
Posts: 4,722
|
|
|
|