Cap going way up in 2015
 

New TV package will result in more cap dollars in 2015 | ProFootballTalk

An extra $8 million in cap room should help us a lot. Even though it doesn't apply until 2014, that means Loomis can renegotiate some deals and push back some money. IMO a mini-restructure of Brees contract is even more likely now and we'll likely be able to keep at least one player we thought would be a goner (Moore, PT, Greer, etc)

Re: Cap going way up in 2015
 

I think you have a type-o in your post. It doesn't go up till 2015, Drew's contract doesn't go up till 2015 to the tune of 7.5m... It also doesn't help us keep anyone because we still have to get through 2014. That said they could back load Jimmy's contract heavily if they do not throw a huge bonus at him.

Re: Cap going way up in 2015
 

Yes, I meant to say 2015. Pretty sure you are wrong about it meaning we can't keep anybody. More cap room now or in the future is always a good thing because as you said you can backload things and renegotiate existing contracts. Grubbs for instance, you could extend his deal a number of years at a lesser cap hit and save several million dollars each year. Eventually it will come back to bite you in the butt, yes, but then you do what the Colts did, take the big hit in one year and do a full-scale rebuild.

Re: Cap going way up in 2015
 

The salary is not what comes back to bite you as you can cut a player and take no hit on that. Its these huge upfront bonuses given to get the player to agree to a restructure or extension that haunt you for years.


Look at Rogers signing bonus, he could agree to take league minimum salary and still be a 7.6m cap hit.
Aaron Rodgers Contracts, Salaries, Cap Hits, & Transactions

If Brady played for $1 this year he is still a 9.2m cap hit
Tom Brady Contracts, Salaries, Cap Hits, & Transactions

This is why I said it doesn't help us this year, the bonus to get them to sign a restructure this year will be added to their present prorated bonus from their last contract making it more of a problem.

Re: Cap going way up in 2015
 

Great to know!:p

Re: Cap going way up in 2015
 

But it doesn't have to haunt you for years. It can haunt you for only one year. That's my point. The Colts did this for years and years, pushing back and renegotiating deals. Then they bit the bullet, took a huge dead money hit, got rid of all that in one year, and the next season they went 10-6 and had the most cap room in the league the following offseason. When the time comes, the Saints are going to have to do the same thing.

Re: Cap going way up in 2015
 

You don't put that bullet in the chamber unless your going to rebuild and you have lost hope on your present team and coaches.

Re: Cap going way up in 2015
 

I was always kinda cross on how the restructuring thing worked. Good to know.
So the best chance we have is seeing some vets take a pay cut this year?

Re: Cap going way up in 2015
 

.....or if your star QB is on his way out and you know you'll never be competitive without him, so why not tank that season anyway and prepare to come back with a vengeance. I see that being the scenario when Brees retires. Until then, it's not so difficult to keep your top talent to ensure the team remains competitive while that window is open.

Straight up cuts are more likely, but I could see Brees, Grubbs, PT and/or Sproles all candidates for taking a restructure or pay cut this year.

Re: Cap going way up in 2015
 

I really dont see Loomis wanting to touch Brees contract yet.Its still relatively affordable and the big increase bites next year so it will be redone then.
This increase will help but only in keeping the nucleus of tbe team together. Cuts still need to be made as that 8ml next year will barely cover Cam Jordan needing a new deal. I think that those on the bubble should be cut to get Grahams new deal(depending on $). Use the increase to pay Cam and any restructure's will eat up cap increases and FA.

Re: Cap going way up in 2015
 

By the time Jordan needs a new deal (2015) we are very, very likely going to be rid of Harper and Moore's contracts, and that's well over $9 million. Add in Greer and it's more like $15 million, and that's with the core of the team still very much intact otherwise.

I have become a big believer in Mickey Loomis. He may only be a numbers guy, but he seems to have a very good handle on the long term. As long as the "football guys" are working the draft and UDFAs like they have been doing Loomis should be able to keep taking care of the big contract guys until Brees retires and they have to blow it all up.

Re: Cap going way up in 2015
 

This franchise has involuntarily tanked enough seasons. It doesn't dare do it on purpose.

On your reply to lee, we have way too much talent to blow our offense up, even with out Drew Brees. Over the next 3-5 years you are going to see us get younger so that a new QB steps onto the field with experienced veterans of our system. So me a blow up is a one year regime change... coaches and all.


Now, where did you pull 8m cap increase? The article says 4m and from what I have heard it will be in that neighborhood as the 290m will be divided between the 32 teams but its is not a direct transfer, there is a formula involved and advertising on two networks amongst other things comes out of that.

Re: Cap going way up in 2015
 

Really well run organizations let players go a year or two before its obvious, and don't grossly overpay for mediocre players.

The only complaint I have about Loomis is that he tends to overpay for our own free-agents and keeps players that could be replaced with a cheaper younger version.

Yeah I know I'm nit-picking. I think Loomis is a top 10 GM in the NFL, maybe even top 5, but no one is perfect.

I'd be a bit disappointed if we managed to keep everyone at the expense of even greater cap problems down the road. A part of me hopes to see us part ways with a few overpaid older players. It would demonstrate that Mickey isn't afraid to make tough, even unpopular decisions.

Does that make sense?

Re: Cap going way up in 2015
 

Makes perfect sense to me.
Completely agree.

Re: Cap going way up in 2015
 

They changed the number, it said 7.8 or 7.9 million when the story was first posted.

Re: Cap going way up in 2015
 

I thought so because i went off the same number in my original reply.

Re: Cap going way up in 2015
 

Cap space being passed to the consumer...