Saints to ask Vilma and Smith to restructure

Jamessr · 02-18-2013, 10:15 AM

Vilma I'm happy about,
Smith needed to go so the new young talent can start to take place.

CharityMike · 02-18-2013, 11:41 AM

Originally Posted by Danno

We aren't giving them a huge raise, we're asking them to restructure, which I hope and assume includes a reduction in yearly salary.

When we sign or draft someone better, I'm all for releasing them.

Well usually when you hear "restructure", that means change the way they will get there current contract money. No way in the world is Smith worth his contract.

Now if it would have said they will be asked to take a "reduction", that would be better. The contract would still be re-dun and could have still been structured to give the majority in bonus.

Danno · 02-18-2013, 11:54 AM

Originally Posted by CharityMike

Well usually when you hear "restructure", that means change the way they will get there current contract money. No way in the world is Smith worth his contract.

Now if it would have said they will be asked to take a "reduction", that would be better. The contract would still be re-dun and could have still been structured to give the majority in bonus.

Very true. Smith only has 2 years left on his contract and the cap hit is nearly the same for each year so I don't see how restructuring helps us at all. It has to be a renegotiation or extension at a reduced price.

His 2013 cap hit is 14.5 million.
His 2014 cap hit is 13.9 million.
He's an UFA in 2015.

Simply restructuring doesn't help us at all. I suspect its an extension at a lower rate.

Vima is in the last year of his contract so a simple restructuring doesn't help anyone anywhere anyhow.

Seer1 · 02-18-2013, 01:09 PM

With these guys, I can't help but read this as a "reducture".

jnormand · 02-18-2013, 01:50 PM

I'm ok with Vilma. But Smith? Really? I don't mind either sticking around but the price has to be good. Smith isn't worth half of what he's due in 2013.

FinSaint · 02-18-2013, 01:53 PM

What I gathered from this limited information was that the restructure would be more about a pay-cut with possibly adding an additional year or two to the present contracts. So the players would get a nice bonus immediately while understanding that they would never play those last years in reality, but then again, the parties might not even agree on the restructure and end up going separate ways.

Rugby Saint II · 02-18-2013, 02:04 PM

I will be soo upset if Smith is still here. His roster spot needs to be taken by an up and coming talent.

Danno · 02-18-2013, 02:05 PM

Originally Posted by Seer1

With these guys, I can't help but read this as a "reducture".

Excellent!

Budsdrinker · 02-18-2013, 05:27 PM

You can restructure and at least get some production and veteran experience for about the same cap number if you outright release them.
Works for me if they restructure, we can definitely do worst without them, doing better is unknown at this time.

Danno · 02-18-2013, 05:36 PM

The only justification I can accept for cutting a player without his replacement in mind is if the front office is sure they can replace that player with a better player for the same amount.

Otherwise, keep 'em till someone beats them out.

You don't get better by cutting your most talented players. You get better by signing/drafting better ones.

02-18-2013, 10:15 AM	#11
Jamessr 1000 Posts + Join Date: Oct 2010 Location: Newport News, VA Posts: 1,583	Re: Saints to ask Vilma and Smith to restructure Vilma I'm happy about, Smith needed to go so the new young talent can start to take place.

02-18-2013, 11:41 AM	#12
CharityMike Site Donor 2018 Join Date: Oct 2011 Location: Mid City, New Orleans Posts: 3,556	Re: Saints to ask Vilma and Smith to restructure Originally Posted by Danno We aren't giving them a huge raise, we're asking them to restructure, which I hope and assume includes a reduction in yearly salary. When we sign or draft someone better, I'm all for releasing them. Well usually when you hear "restructure", that means change the way they will get there current contract money. No way in the world is Smith worth his contract. Now if it would have said they will be asked to take a "reduction", that would be better. The contract would still be re-dun and could have still been structured to give the majority in bonus.

02-18-2013, 11:54 AM	#13
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,723	Re: Saints to ask Vilma and Smith to restructure Originally Posted by CharityMike Well usually when you hear "restructure", that means change the way they will get there current contract money. No way in the world is Smith worth his contract. Now if it would have said they will be asked to take a "reduction", that would be better. The contract would still be re-dun and could have still been structured to give the majority in bonus. Very true. Smith only has 2 years left on his contract and the cap hit is nearly the same for each year so I don't see how restructuring helps us at all. It has to be a renegotiation or extension at a reduced price. His 2013 cap hit is 14.5 million. His 2014 cap hit is 13.9 million. He's an UFA in 2015. Simply restructuring doesn't help us at all. I suspect its an extension at a lower rate. Vima is in the last year of his contract so a simple restructuring doesn't help anyone anywhere anyhow.

02-18-2013, 01:09 PM	#14
Seer1 Site Donor Join Date: Apr 2010 Location: Bayou Bayfield CO Posts: 4,722	Re: Saints to ask Vilma and Smith to restructure With these guys, I can't help but read this as a "reducture". Danno likes this.

02-18-2013, 01:50 PM	#15
jnormand 5000 POSTS! + Join Date: Sep 2003 Location: The Free State of Idaho Posts: 5,687	Re: Saints to ask Vilma and Smith to restructure I'm ok with Vilma. But Smith? Really? I don't mind either sticking around but the price has to be good. Smith isn't worth half of what he's due in 2013.

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02-18-2013, 01:53 PM	#16
FinSaint Site Donor 2015 Join Date: Aug 2011 Location: Finland... formerly Southern Virginia Posts: 4,961	Re: Saints to ask Vilma and Smith to restructure What I gathered from this limited information was that the restructure would be more about a pay-cut with possibly adding an additional year or two to the present contracts. So the players would get a nice bonus immediately while understanding that they would never play those last years in reality, but then again, the parties might not even agree on the restructure and end up going separate ways.

02-18-2013, 02:04 PM	#17
Rugby Saint II Bounty Money $$$ Join Date: Oct 2008 Location: 5800 Airline Dr. Metairie, LA. Posts: 24,073	Re: Saints to ask Vilma and Smith to restructure I will be soo upset if Smith is still here. His roster spot needs to be taken by an up and coming talent. spkb25 likes this.

02-18-2013, 02:05 PM	#18
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,723	Re: Saints to ask Vilma and Smith to restructure Originally Posted by Seer1 With these guys, I can't help but read this as a "reducture". Excellent!

02-18-2013, 05:27 PM	#19
Budsdrinker A Cajun Transforming TX Join Date: Jul 2007 Location: The Woodlands, Texas Posts: 2,787	Re: Saints to ask Vilma and Smith to restructure You can restructure and at least get some production and veteran experience for about the same cap number if you outright release them. Works for me if they restructure, we can definitely do worst without them, doing better is unknown at this time. Danno likes this.

02-18-2013, 05:36 PM	#20
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,723	Re: Saints to ask Vilma and Smith to restructure The only justification I can accept for cutting a player without his replacement in mind is if the front office is sure they can replace that player with a better player for the same amount. Otherwise, keep 'em till someone beats them out. You don't get better by cutting your most talented players. You get better by signing/drafting better ones.

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