Register All Albums FAQ Community Experience
Go Back   New Orleans Saints Forums - blackandgold.com > Main > Saints

Restructuring of Contracts Consequences and Repercussions Thread

this is a discussion within the Saints Community Forum; This is starting to look like any other financial "Bubble". The teams are paying out guaranteed $ for the ability to win now. If these dudes get hurt or suck, the Saints are on the hook for tons of "dead ...

Like Tree6Likes

Closed Thread
 
LinkBack Thread Tools Display Modes
Old 02-27-2013, 06:20 PM   #1
Mmm That Smell!
 
Join Date: Oct 1998
Location: Metairie Terrace
Posts: 3,073
Restructuring of Contracts Consequences and Repercussions Thread

This is starting to look like any other financial "Bubble".
The teams are paying out guaranteed $ for the ability to win now.
If these dudes get hurt or suck, the Saints are on the hook for tons of "dead money" in their cap.
Teams are banking on the cap increasing dramatically when the new tv contract kicks in.
Are they right for gambling this way?
ClintSaints and lee909 like this.
RockyMountainSaint is offline  
Old 02-27-2013, 06:23 PM   #2
Mmm That Smell!
 
Join Date: Oct 1998
Location: Metairie Terrace
Posts: 3,073
Re: Restructuring of Contracts Consequences and Repercussions Thread

C'mon y'all smart Who Dats!

Let's check into what all of this "so called" restructuring means.

I smell a Conspiracy!
Attached Thumbnails
Click image for larger version

Name:	conspiracy.jpg
Views:	0
Size:	8.5 KB
ID:	6259  
RockyMountainSaint is offline  
Old 02-27-2013, 06:48 PM   #3
Truth Addict
 
Join Date: Dec 2003
Location: Spanish Fort, AL (via NO and B/R)
Posts: 24,713
Re: Restructuring of Contracts Consequences and Repercussions Thread

Well if your sure that player will be around and perform, its a win-win.

Most of these guys were due this money anyway, so it helps to restrucure (or balance out) the cap hits. They're calculated risks we really had no alternatives to.

Hawthorne - Minor risk, minor injuries last year.
Colston - Anything can happen, but I expect him around a few more years
Grubbs - OG's typically have a long NFL career. Grubbs was a safe risk.
Evans- See Grubbs comments

The only HUGE risk will be Brees. If we convert most of his money to guaranteed and he gets seriously injured, we're up Falcon creek without a paddle.

Its a gamble no doubt, but on the surface looks to be relatively safe.
FinSaint likes this.
Danno is offline  
Old 02-27-2013, 07:01 PM   #4
1000 Posts +
 
Join Date: Oct 2010
Location: Newport News, VA
Posts: 1,583
Re: Restructuring of Contracts Consequences and Repercussions Thread

Originally Posted by Danno View Post
The only HUGE risk will be Brees. If we convert most of his money to guaranteed and he gets seriously injured, we're up Falcon creek without a paddle.

Its a gamble no doubt, but on the surface looks to be relatively safe.
We have Chase Danie..... Wait nevermind
Jamessr is offline  
Old 02-27-2013, 07:01 PM   #5
1000 Posts +
 
Join Date: Sep 2012
Location: WHO DAT NATION
Posts: 2,261
Re: Restructuring of Contracts Consequences and Repercussions Thread

At the same time, restructuring his contract so we can afford to keep a good oline will help to keep Drew healthy. Win-win.
saintsfan403 is offline  
Old 02-27-2013, 08:42 PM   #6
Mmm That Smell!
 
Join Date: Oct 1998
Location: Metairie Terrace
Posts: 3,073
Re: Restructuring of Contracts Consequences and Repercussions Thread

C'mon, how far can you kick the dead cap money down the road?

If a player has a "big" contract but doesn't perform? Cut him.

If you turn that into guaranteed dollars? You MUST pay that. It becomes dead money. If they have a career ending injury? You MUST pay that. Dead money.

I don't care that it is all the rage in the NFL, I don't think it is sustainable.
RockyMountainSaint is offline  
Old 02-27-2013, 09:05 PM   #7
Truth Addict
 
Join Date: Dec 2003
Location: Spanish Fort, AL (via NO and B/R)
Posts: 24,713
Re: Restructuring of Contracts Consequences and Repercussions Thread

Originally Posted by RockyMountainSaint View Post
C'mon, how far can you kick the dead cap money down the road?

If a player has a "big" contract but doesn't perform? Cut him.

If you turn that into guaranteed dollars? You MUST pay that. It becomes dead money. If they have a career ending injury? You MUST pay that. Dead money.

I don't care that it is all the rage in the NFL, I don't think it is sustainable.
Its only dead money if the player is cut. If he plays all years of his contract, it simply makes each year more balanced cap wise.
Danno is offline  
Old 02-27-2013, 09:10 PM   #8
LB Mentallity
 
Join Date: Dec 2005
Posts: 15,870
Blog Entries: 68
Re: Restructuring of Contracts Consequences and Repercussions Thread

yep bite the bullet for a year or two will save you tons of cap space.

besides these deal do not really kick money to the back end of the contract as much as reduce the back end of the contract by spacing the back end out over the length of contract.

Last edited by hagan714; 02-27-2013 at 09:13 PM..
hagan714 is offline  
Old 02-27-2013, 09:34 PM   #9
Site Donor
 
Join Date: Apr 2010
Location: Bayou Bayfield CO
Posts: 4,722
Re: Restructuring of Contracts Consequences and Repercussions Thread

Ummmm...
Attached Thumbnails
Click image for larger version

Name:	my-brain-is-full.jpg
Views:	0
Size:	24.0 KB
ID:	6262  
RockyMountainSaint likes this.
Seer1 is offline  
Old 02-27-2013, 09:42 PM   #10
Site Donor 2015
 
Join Date: Aug 2011
Location: Finland... formerly Southern Virginia
Posts: 4,961
Re: Restructuring of Contracts Consequences and Repercussions Thread

Originally Posted by Danno View Post
Well if your sure that player will be around and perform, its a win-win.

Most of these guys were due this money anyway, so it helps to restrucure (or balance out) the cap hits. They're calculated risks we really had no alternatives to.

Hawthorne - Minor risk, minor injuries last year.
Colston - Anything can happen, but I expect him around a few more years
Grubbs - OG's typically have a long NFL career. Grubbs was a safe risk.
Evans- See Grubbs comments

The only HUGE risk will be Brees. If we convert most of his money to guaranteed and he gets seriously injured, we're up Falcon creek without a paddle.

Its a gamble no doubt, but on the surface looks to be relatively safe.

Well put.

Hopefully the new TV deals will increase the cap more than the more conservative reports have stated they will, since these restructures are increasing the annual cap hit of the coming years, but still low risk moves IMO.
FinSaint is offline  
Closed Thread


Posting Rules

LinkBacks (?)
LinkBack to this Thread: https://blackandgold.com/saints/55831-restructuring-contracts-consequences-repercussions-thread.html
Posted By For Type Date Hits
Restructuring of Contracts Consequences and Rep... | SportSpyder This thread Refback 02-27-2013 09:54 PM 1
Restructuring of Contracts Consequences and Repercussions Thread This thread Refback 02-27-2013 06:36 PM 32
The Latest New Orleans Saints News | SportSpyder This thread Refback 02-27-2013 06:23 PM 4


All times are GMT -5. The time now is 07:27 AM.


Copyright 1997 - 2020 - BlackandGold.com
no new posts