|
this is a discussion within the Saints Community Forum; Originally Posted by FinSaint Yeah, but as great as it is at times when they announce something like this, this type of a strategy also has a very negative side to it. Pushing most of the big money by restructures ...
![]() |
|
|
LinkBack | Thread Tools | Display Modes |
|
![]() |
#1 |
100th Post
Join Date: Mar 2012
Location: VA
Posts: 465
|
Re: Saints restructure Lofton's deal
Originally Posted by FinSaint
![]()
I get what your saying but at the same time. Next season his cap number is 14mil. But they have the option to release him, which is very likely because his production is not there and his age has caught up, they can simply release him lowering that cap number to 4mil instead of 14mil. Because you save 10mil by cutting him. Loomis continues to push that cap number back to the later years because if you think about it most of these guys don't even get to the last 2 years of there contract unless they're a elite QB. And they make it up to the players by giving them those bonuses. And even if the Saints feel like they want to still keep a guy like Smith who's value on the market will not compare to what it would be if he were still under his original contract, they can release him trim 10mil off the cap and let him hit the market, offer him a new lower priced contract and if he feels like he can get more else where you're not really losing out because it not you're losing a key part of your team at this point of his career. |
![]() |
![]() |
#2 |
Site Donor 2015
Join Date: Aug 2011
Location: Finland... formerly Southern Virginia
Posts: 4,963
|
Re: Saints restructure Lofton's deal
Originally Posted by NuNu318
![]()
But my point was that by restructuring Smith's contract last offseason the Saints are now out $4M at the least if they decide to release Smith. Now, $4M out of a $121M salary cap might not sound that much, but every dollar counts and you can get a really good player for $4M. And then when you multiply this situation - as in more player contracts than just one - you can find yourself quickly in a place where you're either fielding a team having an overpaid nucleus with diminishing skills supported by second hand talent or a team that is having millions taken from its salary cap annually because it has to release players with huge prorated signing bonuses on their contracts and again not having the money to sign/re-sign truly talented players at their prime. Again, I'm not saying Loomis is doing things wrong - just reminding that there's a downside to all of this as well. |
"I'm not bashing people, I'm bashing their opinions because in my opinion their opinion is wrong" - Danno
|
|
![]() |
![]() |
#3 |
Bounty Money $$$
Join Date: Oct 2008
Location: 5800 Airline Dr. Metairie, LA.
Posts: 24,153
|
Re: Saints restructure Lofton's deal
![]()
Originally Posted by FinSaint
I couldn't agree more! Most folks don't understand this.![]()
![]() |
![]() |
![]() |
|
|
![]() LinkBack to this Thread: https://blackandgold.com/saints/55539-saints-restructure-loftons-deal.html
|
||||
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 |