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Cash On Hand

this is a discussion within the Saints Community Forum; Originally Posted by AsylumGuido But back to your original post where you wondered about the cuts as opposed to restructuring. I feel it has a lot to do with the CBA an the rookie contract structures. Younger players are now ...

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Old 03-11-2014, 10:39 AM   #21
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Re: Cash On Hand

Originally Posted by AsylumGuido View Post
But back to your original post where you wondered about the cuts as opposed to restructuring. I feel it has a lot to do with the CBA an the rookie contract structures. Younger players are now much more cap friendly. Free agents are also more abundant due to the increased number of cuts, thus leading to lower salaries. It is like a self perpetuating circle. Why restructure a veteran player when you can now cut them and sign another at a more economic rate?
You may have misunderstood my OP. It wasn't cuts vs restructure, it was cuts but haven't done restructures yet. I have studied our cap situation and what can be done about it.

As far as dire straits, we are and we aren't. In terms of the cap we are, in terms of time to make the room we are not in dire straits.

Presently we have 1.9m (only Top 51) in cap so we are under the cap before the deadline, which is why its not a hard issue right now.

In regards to staying under the cap, a lot needs to happen to sign draft picks, re-sign or sign Free Agents, practice squad, etc..

Ill give examples of what I mean:
You start with 1.9m in cap space
Vaccaro took up 1.7m in cap space
Jenkins took up 500k in cap space
Stills took up 500k in cap space
Armstead took up 500k in cap space
Johnson took up 500k in cap space

5 Draft picks = 3.7m
Practice Squad = 300k
You are 2.1m over the cap and that isn't counting 2 players and any FAs yet.

See where I am going with this? Before it is said and done, either more cuts or restructures have to happen.

Restructuring Evans and Grubs would free up nearly 8m dollars. PT is on the block because that frees up 2.5m with zero dead money. Sproles frees up 2.65m if cut because he has a relatively low dead money hit (750k).

It's not what you look at that matters, it's what you see. ~ Henry David Thoreau
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