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this is a discussion within the Saints Community Forum; Newly-minted New Orleans Saints linebacker Curtis Lofton's five-year contract is worth up to $33.5 million and includes a $5 million signing bonus, according to a league source. During the first three years of the deal, the base salaries are fully ...
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03-29-2012, 02:08 PM | #1 |
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Curtis Lofton's deal...
Newly-minted New Orleans Saints linebacker Curtis Lofton's five-year contract is worth up to $33.5 million and includes a $5 million signing bonus, according to a league source.
During the first three years of the deal, the base salaries are fully guaranteed. That includes $700,000 in 2012, $1.1 million in 2013 and $1 million in 2014. He's also due roster bonuses of $5 million in 2013, $2.2 million in 2014 and $4.5 million in 2015. He's also due base salaries of $2.4 million in 2015, $5.4 million in 2015 and $6 million in 2016, which is a voidable year under the terms of the contract. The deal includes escalator clauses. Lofton, 25, is an athletic, productive player who recorded 147 tackles, one sack, a forced fumble and two interceptions last season. In four NFL seasons, the former University of Oklahoma standout has piled up 492 tackles, four sacks, three interceptions and seven forced fumbles. Scout.com: Curtis Lofton Profile The #Saints' reported five-year, $33.5M deal for LB Curtis Lofton is extremely cap-friendly. Only a $1.7M cap figure for 2012. |
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03-29-2012, 02:13 PM | #2 |
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Little bit more than I would've liked to have seen, but I guess a $6.7M/yr average isn't that bad for a starting MLB, but that does increase the questions surrounding Vilma's future going past the 2012 season.
Vilma's and Lofton's 2012 cap hit would be then around $8.3M, which isn't horrible. |
03-29-2012, 03:02 PM | #3 |
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03-29-2012, 03:05 PM | #4 |
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Loomis is like the Rainman of the NFL Cap...LOL
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03-29-2012, 03:15 PM | #6 |
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Great deal. If he turns out to not fit the system, we can cut ties and there wouldn't be a big cap hit.
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03-29-2012, 06:50 PM | #7 |
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Sounds great to me! Vilma ain't going to be around forever folks... even if we keep him next season. Chances are he's going to be suspended and how long is he around from there?? I love Vilma like everybody else, but I love that we're investing in the future.
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03-29-2012, 07:10 PM | #8 |
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and don't forget the cap goes up to 140.6 million next year I believe...
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03-30-2012, 12:20 AM | #9 |
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Originally Posted by |Mitch|
Isn't it in 2014 with the new TV deal revenue added to the overall revenue pool? My understanding is that the 2013 salary cap should be around the same cap figure as this coming season's cap with maybe a slight increase. |
03-30-2012, 08:46 AM | #10 |
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Originally Posted by FinSaint
Thats what I've heard also.
Its probably why the Brees deal isn't done yet. Mickey probably wants the deal structured so that we take smaller hits in 2012 and 1013 and jump in 2014. Condon probably want the big money as front loaded as possible. |
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