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biloxi-indian 03-09-2013 11:32 AM

Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
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New Orleans Saints Executive Vice President/General Manager Mickey Loomis has announced that the club has agreed to terms on a three-year contract with restricted free agent LB Junior Galette

Saints Agree To Terms With LB Junior Galette On Three-Year Contract

Saints re-signed OLB Junior Galette to a three-year contract.
Galette is viewed internally as a likely starter at rush 'backer in new coordinator Rob Ryan's 3-4. 25 years old and built to rush from a two-point stance at 6-foot-2, 258, Galette posted a career-high five sacks in 2012, operating mostly as a nickel end. He now has a chance to be an every-down player. The Saints' other OLB position will be up for grabs, with Martez Wilson as the leading in-house candidate. Victor Butler would be an intriguing free-agent pickup.

Source: New Orleans Times-Picayune

Danno 03-09-2013 11:33 AM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
BoooYah!!!

We're cutting somebody, and soon

lee909 03-09-2013 11:35 AM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
Interesting.
I wonder if the coaches see him as the starting OLB
Agreed somebody has to be off soon.I guessing Smith.
Cutting Harper doesnt clear much cap does it?
I think Vilma is more likely to restructure.

Danno 03-09-2013 11:39 AM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
Quote:

Originally Posted by lee909 (Post 484656)
Interesting.
I wonder if the coaches see him as the starting OLB
Agreed somebody has to be off soon.I guessing Smith.
Cutting Harper doesnt clear much cap does it?
I think Vilma is more likely to restructure.

Actually it does. Since we can spread his 3.5 dead money over two seasons, we can save 3.75 million this year, but we're still on the hook for 1.75 mill next year.

lee909 03-09-2013 11:43 AM

Interesting
With all the FA safeties out there its a could bargaining tool.Restructure/slash wages or go.I wouldn't be against cutting all thee if we can get the right replacements in.

FinSaint 03-09-2013 12:02 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
I'm a bit surprised by this move, but the staff obviously knows Galette's strengths and weaknesses a whole lot better than I do, so I trust that they know what they're doing.

I guess Ryan likes Galette and how he'll fit into his scheme..?

ChrisXVI 03-09-2013 12:18 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
Congrats Junior!! That dude's gonna flourish as a situational pass-rusher in the new 3-4. The thing is though, with the deals we've made with our restricted free agents we've put ourselves a couple of million over the salary cap again when we were right there at the cap. I'm expecting some big news regarding Smith, Vilma and Harper any minute now.

Seer1 03-09-2013 12:48 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
According to USA Today (with an amazingly ugly -even for him- picture of JJ) we're still 6.6 over. I'll wait for Danno or Fin to confirm. One of those guys gone should clear us (?) and three would allow us to buy some 3-4 talent. I'm looking forward to seeing Junior out there next season.

lee909 03-09-2013 12:50 PM

Quote:

Originally Posted by Seer1 (Post 484666)
I'll wait for Danno or Fin to confirm. One of those guys gone should clear us (?) and three would allow us to buy some 3-4 talent. I'm looking forward to seeing Junior out there next season.

Still need a LT

dizzle88 03-09-2013 01:12 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
Love it!

Coaching staff obviously see him as our possible pass rushing OLB in the 3-4

D_it_up 03-09-2013 01:40 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
I would like to add Junior to my breakout players along with Martez Wilson for next year's defense.

st thomas 03-09-2013 01:53 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
Junior has a motor and ryans got a motor thats the match

Danno 03-09-2013 01:54 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
Quote:

Originally Posted by Seer1 (Post 484666)
According to USA Today (with an amazingly ugly -even for him- picture of JJ) we're still 6.6 over. I'll wait for Danno or Fin to confirm. One of those guys gone should clear us (?) and three would allow us to buy some 3-4 talent. I'm looking forward to seeing Junior out there next season.

I think cutting only Will Smith will clear that.

FinSaint 03-09-2013 04:04 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
Quote:

Originally Posted by Danno (Post 484679)
I think cutting only Will Smith will clear that.


That would probably cut it... pardon the pun. ;-)

Cutting Smith would cost $6.8M prorated over 2013 and 2014.

Cutting Vilma would cost $2.6M prorated for 2013.

Cutting Harper would cost $3.5M prorated over 2013 and 2014.


So, there are savings to be made there, especially when considering Smith's cap hits.

Other savings could come from cutting someone like Herring ($1.6M) and restructuring someone like Moore's contract, while potentially adding one more year to the contract to decrease the base salary hikes. Jenkins is another potential restructure/contract extension if the team feels that he has something worthwhile to offer to the team going forward, which I think they do - cutting Jenkins now would bring in cap savings of little under $2.5M, but those same cap savings could be produced by a restructure/contract extension.

Another noteworthy thing is that there haven't been any contract negotiations - at least any that have been leaked to the media - between the Saints and Casillas, so it would seem that he won't be back next season.


Looking at the Saints cap hits at the moment, it isn't as gloomy as some might think. The positive thing that can be taken away from the current situation is that if Smith's and Ellis' contracts are taken off the board - the top 5 cap hits belong to the right people: Brees, Evans, Colston, Grubbs, and Lofton.

hagan714 03-09-2013 04:34 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
i am with fin on this one. i loved the tender and thought a second round was a nice pay raise for him.
3 years and big questions to were he will fit in.
yet another cap move that leaves me puzzled. they were doing so good too.
keep your fingers crossed

alleycat_126 03-09-2013 05:41 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
Quote:

Originally Posted by Danno (Post 484653)
BoooYah!!!

We're cutting somebody, and soon

Preach, I'm like where is the hammer and when is it gonna drop!!

B_Dub_Saint 03-09-2013 06:18 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
I love this move! Dude has a serious motor.

Danno 03-09-2013 09:54 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
He tweeted it was 12 million, 3 years, 12 million?

Thats more than I was thinking it would be.

FinSaint 03-09-2013 10:07 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
Quote:

Originally Posted by Danno (Post 484717)
He tweeted it was 12 million, 3 years, 12 million?

Thats more than I was thinking it would be.


Definitely a lot more than I expected it to be as well - I mean he was getting something like $500K this past season, so that would be a huge pay increase for very limited on the field proof that he is worth that money.

$4M per annum seems way too high at the moment, but naturally if Galette blows up this coming season Loomis ends up looking like a genius.

QBREES9 03-09-2013 10:46 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
Good Move !

hagan714 03-10-2013 05:12 AM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
Quote:

Originally Posted by Danno (Post 484717)
He tweeted it was 12 million, 3 years, 12 million?

Thats more than I was thinking it would be.

:no: You gotta be kidding me.
I could have spent the money much wiser. :brood:

4 mill a year for a player that could not break into the starters roll? :mad:

this has to be a mistake. :confused:

if it is not it still is. :pissed:

just when Micky was looking so good. tisk tisk.:nono:


You could have held onto Jr and probably could have added Victor Butler for the same hunk of cheese :censored: or any other 2nd tier vet out there in FA.:bang:

i will wait :bugeyes: for some thing besides a tweet and pray the details are better than this :ohno:

FinSaint 03-10-2013 06:16 AM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
Quote:

Originally Posted by hagan714 (Post 484738)
i will wait :bugeyes: for some thing besides a tweet and pray the details are better than this :ohno:


Hopefully Galette's tweet isn't reliable - they often aren't - so maybe it'll be 3-years/$4M total, which would seem much more accurate given that he hasn't really done anything to warrant a $4M/year contract.

Maybe a period mistake $12M -> $1.2M/year?



From the NOLA article on the topic:


Quote:

With just three years of experience, Galette was a restricted free agent, meaning the Saints would have had the right to match any offer Galette received on the open market as long as the Saints tendered him a one-year offer.

The Saints apparently were prepared to make Galette a second-round tender offer of $2.023 million before the three-year deal was announced.

If that's true, then the $4M/per year contract would seem all the more unlikely given that it's double what they were prepared to tender him with.

jlouhill 03-10-2013 07:23 AM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
I'm with fin on this. I too think a period was missing in the tweet.

Danno 03-10-2013 09:48 AM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
It could also be very back-loaded. 2-4-6 million, if incentives are met.

TheOak 03-12-2013 08:24 AM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
Quote:

Originally Posted by FinSaint (Post 484685)
That would probably cut it... pardon the pun. ;-)

Cutting Smith would cost $6.8M prorated over 2013 and 2014.

Cutting Vilma would cost $2.6M prorated for 2013.

Cutting Harper would cost $3.5M prorated over 2013 and 2014.


So, there are savings to be made there, especially when considering Smith's cap hits.

That assumption is incorrect.

Dead Money - Prorated bonus comes to meet you as soon as you cut someone... That year.


Will Smiths dead money hits you this year if you cut him.
Will Smith Contract, Salaries, and Transactions
Vilma
Jonathan Vilma Contract, Salaries, and Transactions


Example on Drew Brees:
if we cut him this year 29.6M comes to meet us.
Drew Brees Contract, Salaries, and Transactions


The proratian only fulfills its destiny if the player plays out his contract or it is restructured.

Danno 03-12-2013 09:50 AM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
Quote:

Originally Posted by TheOak (Post 485120)
That assumption is incorrect.

Dead Money - Prorated bonus comes to meet you as soon as you cut someone... That year.


Will Smiths dead money hits you this year if you cut him.
Will Smith Contract, Salaries, and Transactions
Vilma
Jonathan Vilma Contract, Salaries, and Transactions


Example on Drew Brees:
if we cut him this year 29.6M comes to meet us.
Drew Brees Contract, Salaries, and Transactions


The proratian only fulfills its destiny if the player plays out his contract or it is restructured.

Thats not what I've been reading. If the player has at least 2 years left, you can spread that accellerated bonus money over two seasons.

TheOak 03-12-2013 10:40 AM

Quote:

Originally Posted by Danno (Post 485140)
Thats not what I've been reading. If the player has at least 2 years left, you can spread that accellerated bonus money over two seasons.

If you look at sportrac there is only one line number for dead money when you click on a specific players contract. That number is always in the current year.

http://www.nationalfootballpost.com/...disasters.html

When a player is released or traded, the remaining proration of the salary components that are treated like a signing bonus immediately accelerate into his team’s current salary cap. For example, if a player signs a five-year contract with a $5 million signing bonus, $1 million of his signing bonus counts towards the salary cap for each year of his five-year contract. If he is released after the second year of his contract, the $2 million of signing bonus proration from the last two years of the contract automatically accelerates into the club’s current cap, creating $3 million of dead money.

Rugby Saint II 03-12-2013 11:58 AM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
I didn't think he had done enough to warrant anything more than a small contract.
RR must like what he sees on film.

Danno 03-12-2013 12:58 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
Quote:

Originally Posted by TheOak (Post 485142)
If you look at sportrac there is only one line number for dead money when you click on a specific players contract. That number is always in the current year.

Dead money disasters | National Football Post

When a player is released or traded, the remaining proration of the salary components that are treated like a signing bonus immediately accelerate into his team’s current salary cap. For example, if a player signs a five-year contract with a $5 million signing bonus, $1 million of his signing bonus counts towards the salary cap for each year of his five-year contract. If he is released after the second year of his contract, the $2 million of signing bonus proration from the last two years of the contract automatically accelerates into the club’s current cap, creating $3 million of dead money.

I'll review more, but it has to do with designating the player as a "June 1st" cut, then you can spread the hit over two years instead of just one.

If we can spread it over 2 years, cutting the 3 amigos (or forcing them to accept much less) is pretty much a no brainer.

The only person who'll have a fit over this is Benson, who will lose about 14 million for nothing.

TheOak 03-12-2013 01:15 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
Quote:

Originally Posted by Danno (Post 485178)
I'll review more, but it has to do with designating the player as a "June 1st" cut, then you can spread the hit over two years instead of just one.

If we can spread it over 2 years, cutting the 3 amigos (or forcing them to accept much less) is pretty much a no brainer.

The only person who'll have a fit over this is Benson, who will lose about 14 million for nothing.

Philadelphia Eagles Salary Cap -- Analyzing the CBA
Acceleration
(1) For any player removed from the Team's roster, or whose Contract is assigned to another Club via waivers or trade, on or before June 1 in any league Year prior to the Final Capped Year, or at any time during the Final Capped Year, and unamortized signing bonus amounts will be included in Team Salary for such League Year except that for each League Year preceding the Final Capped Year, each Club may designate up to two Player Contracts that, if terminated on or prior to June 1 and if not renegotiated after the last regular season game of the prior League Year, shall be treated (except to the extent prescribed by Section 7(d)(iii) below) as if terminated on June 2, i.e., the Salary Cap charge for each such contract will remain in the Club's Team Salary until June 2, at which time its Paragraph 5 Salary and any unearned LTBE incentives will no longer be counted and any unamortized signing bonus will be treated as set forth in Subsection (2) below.
(2) For any player removed from the Team's roster or whose Contract is assigned via waivers or trade after June 1, except in the Final Capped Year, any unamortized signing bonus amounts for future years will be included fully in Team Salary at the start of the next League Year.

Analysis: If a player is cut or traded before June 1st, then the prorations for every year of his contract not yet completed "accelerate" into the current year. This is also known as "dead money". If the player is cut or traded after June 1st, then only that current year's proration becomes dead money, while the proration from all future years accelerates into the next year. Each year, a team can select two players who will be cut before June 1st but will be treated as though they were cut after June 1st in terms of the salary cap. The only difference is that in reality the player is a free agent without having to wait until June.


Smith and Harper are the only ones that would be effected. Vilma is in his final year and there is no proration.

Danno 03-12-2013 05:35 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
Per Holder, 3 yr/ 3.6 million TOTAL!

840k, 1.4mil, 1.4mil


Thats more like it. Thats cheap!

RockyMountainSaint 03-12-2013 05:43 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
Quote:

Originally Posted by Danno (Post 485426)
Per Holder, 3 yr/ 3.6 million TOTAL!

840k, 1.4mil, 1.4mil


Thats more like it. Thats cheap!

Yes it is, although I guess that there are numerous escalator clauses included, which I hope he meets.

dizzle88 03-12-2013 05:45 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
Quote:

Originally Posted by RockyMountainSaint (Post 485433)
Yes it is, although I guess that there are numerous escalator clauses included, which I hope he meets.

If Galette can give us some form of consistent pass rush threat from the OLB, escalate away!! lol

FinSaint 03-12-2013 05:58 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
Quote:

Originally Posted by Danno (Post 485426)
Per Holder, 3 yr/ 3.6 million TOTAL!

840k, 1.4mil, 1.4mil


Thats more like it. Thats cheap!



So, it was a period mistake in Galette's tweet like I suspected... $1.2M/per annum not $12M/contract.

Those numbers are very acceptable, and they do directly reflect the limited playing time he has seen so far - he has to prove that he's a baller before getting paid like one.

TheOak 03-12-2013 06:00 PM

Quote:

Originally Posted by Danno (Post 485426)
Per Holder, 3 yr/ 3.6 million TOTAL!

840k, 1.4mil, 1.4mil


Thats more like it. Thats cheap!

6 po-boys?

Danno 03-12-2013 07:41 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
Quote:

Originally Posted by TheOak (Post 485445)
6 po-boys?

With extra shrimp!

Boutte 03-12-2013 08:01 PM

Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract
 
With the price of a po-boy these days he better have some tuna in the pantry.


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