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Re: Jairus Byrd is the word (Break Down)

I think the plan is too wait till next year to restructure Drews deal. His cap is still around not over $20ml yet, the jumps starts next year when I can see a extension to drop his cap

Jairus Byrd is the word (Break Down)

Quote:

Originally Posted by dizzle88 (Post 582441)

Oak, is there a chance Brees would restructure to make some space?

I personally do not see it. His Salary is 10.7m and his bonus prorat number for this season is 7.4m .. Basically 3mish to work with.

A restructure is essentially converting Sal to Bonus through extension.

Next season is a 10m difference between those two and you could cut his cap number by 5-6m easily with a restructure/extension.

Re: Jairus Byrd is the word (Break Down)

Quote:

Originally Posted by TheOak (Post 582432)

I am going to make a SWAG attempt to look at what his contract will look like.

6 years - 54m / 11m signing bonus / 28m guaranteed

2014 1.83m SB / 3m - Cap Hit 4.83m

2015 1.83m SB / 4m - Cap Hit 5.83m

2016 1.83m SB / 4m - Cap Hit 5.83m

2017 1.83m SB / 6m - Cap Hit 7.83m

2018 1.83m SB / 12m - Cap Hit 13.83m

2019 1.83m SB / 14m - Cap Hit 15.83m

At the end of 2017 he has been paid all of his 28m Guaranteed

In 2018 he is cut and we will have a dead money of 3.66m

This is just a basic view and does not cover the bonuses for roster, work out etc...

Didn't realize they would take the signing bonus over 5 instead of 6 years. I wasn't too far off, that Misc 6.1m in 2015 is curiously odd.
http://img.tapatalk.com/d/14/03/13/y3y5eve3.jpg

Re: Jairus Byrd is the word (Break Down)

one CB away from something special.

next up LB depth from the draft

first things first OL

Re: Jairus Byrd is the word (Break Down)

Quote:

Originally Posted by TheOak (Post 582733)

Didn't realize they would take the signing bonus over 5 instead of 6 years. I wasn't too far off, that Misc 6.1m in 2015 is curiously odd.
http://img.tapatalk.com/d/14/03/13/y3y5eve3.jpg

Not bad at all
Effectively a 6 year deal with options to cut after 3

Re: Jairus Byrd is the word (Break Down)

Quote:

Originally Posted by WhoDatFan26 (Post 582436)

The signing of Byrd proves that The Saints are considered an elite team. We were able to get a valuable piece that was needed on the first day. And its apparent that he viewed us as his landind spot as well.

clock is ticking so win now baby is a get motto to follow. plus we have the team to do it.

Re: Jairus Byrd is the word (Break Down)

Quote:

Originally Posted by TheOak (Post 582432)

I am going to make a SWAG attempt to look at what his contract will look like.

6 years - 54m / 11m signing bonus / 28m guaranteed
2014 1.83m SB / 3m - Cap Hit 4.83m
2015 1.83m SB / 4m - Cap Hit 5.83m
2016 1.83m SB / 4m - Cap Hit 5.83m
2017 1.83m SB / 6m - Cap Hit 7.83m
2018 1.83m SB / 12m - Cap Hit 13.83m
2019 1.83m SB / 14m - Cap Hit 15.83m

At the end of 2017 he has been paid all of his 28m Guaranteed
In 2018 he is cut and we will have a dead money of 3.66m

This is just a basic view and does not cover the bonuses for roster, work out etc...

looks like we are planning on keeping him for 4 years. 6th year he will be at the rip old age of 33. so 31 and kicked to curb sounds about right. :)

god only knows what the cap will look like by year 6. but most of the cap heavy senior citizens will be done with their contracts by 4 years any ways.
so who knows that maybe the going rate for a player that has 4 consecutive pro bowl years as saints safety under their belt

Structure wise given the the teams cap situation for the next three years that contract is set up nicely.

Re: Jairus Byrd is the word (Break Down)

You might like the looks of this contract but this is the kind of guy who will pull a no-show and demand more $$. Hopefully it's all different now but I doubt it.