Cap Situation Not That Dire
 

New Orleans’ salary-cap situation for 2012 isn’t quite as bad as early reports made it sound. League-wide cap figures had the Saints listed with about $106 million already committed toward the 2012 salary cap.

Saints' cap situation not that dire - NFC South Blog - ESPN

Ok..what's the salary cap? How much space?

Ha! But that was before we tried to pay Brees / Nicks / Colston / and all.

If we don't keep Colston I will cry.

Loomis is a cap genius, somehow I see him keeping all three

As much as I love Colston, if it comes down to only keeping him or Nicks......I'm going with Nicks. There are good receivers with size & hands to be had in the 2nd through 5th rounds this year.

The article said we should be able to afford resigning Brees, Nicks and Colston. I'd like to believe that.

Almost sounds too good to be true.

I wonder if it would make signing Graham and Greer next year impossible?

I love Colston, but I've seen the future, and his name is Jimmy Graham.

Jimmy Graham MUST be re-signed.

Does anyone know what the 2012 cap will be? I found that it was $120mm for 2011, and I found the formula to calculate it for years going forward but I don't have the income numbers to plug in to the formula to actually get the final figure...

wait for the numbers.

But 2012 was voided out of Brees’ contract, so the Saints are, for the moment, sitting at about $94 million.

now we have to wait for the nfl soft cap numbers to be released

also

In 2012, teams will have three exemptions worth $1.5 million on three players.
http://espn.go.com/nfl/story/_/id/67...le-interesting