Saints Cap Update 4/1/2013 (Not April Fools)

TheOak · 04-01-2013, 09:17 AM

Originally Posted by Danno

Good stuff, but Harpers total cap hit doesn't go with him on a trade.

We'd eat the signing bonus (3.5 million spread over two years = 1.75 million), but the team trading for him only has to pay his base salary, which is 5.25 this year and 6.0 next year.

Cutting Harper outright costs us 1.75 million in 2013 and 1.75 million in 2014.
We'd save 3.5 million this year.

My numbers may be off a tad. I think some of his base salary is guaranteed.

Thanks on the bonus not moving with him.

Right now the market wouldn't support a trade for Harper unless a teams thinks he is = to Ed Reed.

As far as I know cutting a player accelerates all bonus to the present year. That is why you see all of it as dead money this year on Spotrac. $6.1M dead money.

04-01-2013, 09:17 AM	#7
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 19,047	Originally Posted by Danno Good stuff, but Harpers total cap hit doesn't go with him on a trade. We'd eat the signing bonus (3.5 million spread over two years = 1.75 million), but the team trading for him only has to pay his base salary, which is 5.25 this year and 6.0 next year. Cutting Harper outright costs us 1.75 million in 2013 and 1.75 million in 2014. We'd save 3.5 million this year. My numbers may be off a tad. I think some of his base salary is guaranteed. Thanks on the bonus not moving with him. Right now the market wouldn't support a trade for Harper unless a teams thinks he is = to Ed Reed. As far as I know cutting a player accelerates all bonus to the present year. That is why you see all of it as dead money this year on Spotrac. $6.1M dead money.

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