Salary cap not as bad as some think. According to ESPN.
As of Friday, the Saints were about $13.5 million over the salary cap, but that was before linebacker Curtis Lofton restructured his contract. The Saints must be below the cap by March 12.

Lofton's cap figure was scheduled to be $7.1 million. But the Saints were able to drop that number to $3.1 million by replacing a scheduled $5 million roster bonus with a $5 million signing bonus that will be pro-rated over the remainder of the contract.

Information from ESPN.com's Pat Yasinskas was used in this report.

http://espn.go.com/blog/nfcsouth/pos...n-in-cap-space


Lofton restructured we were less than 10 million over.
After the cuts put us around 7 million over.
Now if we are talking restructuring Smith and Vilma,

WAIT A MINUTE - STOP !!!!!

Would I trust ESPN's numbers?

I thought we were 20 mill over?

I think ESPN subtracted our cap savings in roster moves twice.

20 mill - 4 million from Lofton - 3 million in cuts so far = 13 million over

Restructure Smith, Vilma and we should getting real close. But more might be needed

Vilma $4.8 million in base salary and $8.6 million cap figure.
Smith $9 million base salary and $14.5 million cap figure.

http://espn.go.com/blog/nfcsouth/pos...ep-vilma-smith

Am i wrong?

Did i miss something?