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this is a discussion within the Saints Community Forum; The fact that he signed that contract just last offseason and he was willing to restructure the year after says a lot. Good team guy. But at the same time I think Loomis uses this strategy with most of his ...
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Join Date: Mar 2012
Location: VA
Posts: 465
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Re: Saints restructure Lofton's deal
The fact that he signed that contract just last offseason and he was willing to restructure the year after says a lot. Good team guy. But at the same time I think Loomis uses this strategy with most of his signings. Thats why I'm never really nervous about out money situation.
He's pretty much just turning their bonuses into their base salary and spreading it out thru the length of the contract and taking the larger number (which is the base salary) and giving it to them up front as a bonus. Guys aren't going to turn down a 5-6mil check being deposited in the bank before they step on the field that season. It seems like he structures all contracts in a way that allows him to do this. Therefore giving him a way to get under the cap when he needs to. His strategy is great and most GMs still haven't mastered it the way he has. The biggest coup of all is if he can get Drew to restructure his deal....Drew's restructuring alone will make the biggest dent in that 20mil cap overage. His can make it much easier to get under and then some to possibly have enough make a run at some good Defensive FA's out there. |
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Posted By | For | Type | Date | Hits |
Saints restructure Lofton's deal | This thread | Refback | 02-15-2013 05:08 PM | 14 |
The Latest New Orleans Saints News | SportSpyder | This thread | Refback | 02-15-2013 04:14 PM | 8 |