about where are we under the cap?

The Dude · 03-12-2014, 06:43 PM

With the recent moves where are we?

dizzle88 · 03-12-2014, 06:47 PM

I believe we are about 2M over, first year of Jairus' contract only causes something like 4 or 5M cap hit, one person restructuring or sproles being traded should push us back below the cap

Danno · 03-12-2014, 06:56 PM

Originally Posted by dizzle88

I believe we are about 2M over, first year of Jairus' contract only causes something like 4 or 5M cap hit, one person restructuring or sproles being traded should push us back below the cap

we were at 1.9 under, then PT restructuring his 3 million probably knocked off at least 1 million, so we're at 3 million under.

Trading or cutting Sproles drops us to about 6.5 million under.

Byrd probably is right at 5 million so we're basically about 1.5 million under.

Obviously more restructures coming, especially Bunkley.

biloxi-indian · 03-12-2014, 07:06 PM

Originally Posted by dizzle88

I believe we are about 2M over, first year of Jairus' contract only causes something like 4 or 5M cap hit, one person restructuring or sproles being traded should push us back below the cap

Joel Corry ‏@corryjoel · 7m
Jairus Byrd's 6-year, $54M deal has $26.3M in guarantees. His 2014 cap number is $3.5M. He gets $27.9M in the first three years.

biloxi-indian · 03-12-2014, 07:19 PM

Tom Pelissero ‏@TomPelissero · 37m
Real numbers on Jairus Byrd's deal with #Saints: full deal is 6 years, $54M. He gets $12.3M in first year, including $11M signing bonus.

The Dude · 03-12-2014, 07:33 PM

Originally Posted by Danno

we were at 1.9 under, then PT restructuring his 3 million probably knocked off at least 1 million, so we're at 3 million under.

Trading or cutting Sproles drops us to about 6.5 million under.

Byrd probably is right at 5 million so we're basically about 1.5 million under.

Obviously more restructures coming, especially Bunkley.

We have GOT to find a way to keep Bunkly.

|Mitch| · 03-12-2014, 09:37 PM

Originally Posted by The Dude

We have GOT to find a way to keep Bunkly.

hence the keyword: restructure

alleycat_126 · 03-12-2014, 10:02 PM

There's a gift and a curse to this deal.... Listening to Bill Polian on the radio today he basically said, Loomis is a cap genius and he ( Loomis) wouldn't have made this Bryd deal if he were not really close to signing Graham and bringing his (Graham) cap number down with a long term deal.. But he said, there could a team out there willing to offer graham more money than the Saints could offer Jimmy.... that would be the only way the gamble doesn't work...

|Mitch| · 03-12-2014, 10:05 PM

Originally Posted by alleycat_126

But he said, there could a team out there willing to offer graham more money than the Saints could offer Jimmy.... that would be the only way the gamble doesn't work...

Then we take 2 firsts from them = win/win in my book

ChrisXVI · 03-12-2014, 10:12 PM

Originally Posted by |Mitch|

Then we take 2 firsts from them = win/win in my book

Took the words out of my mouth: win-win situation. Our defense is set to be elite for years to come and I'm pretty sure we could replace Graham with one of our potential four 1st round picks in these next two drafts.

03-12-2014, 06:43 PM	#1
The Dude 5000 POSTS! + Join Date: Jul 2011 Posts: 9,048	about where are we under the cap? With the recent moves where are we?
The Dude 5000 POSTS! + Join Date: Jul 2011 Posts: 9,048

03-12-2014, 06:47 PM	#2
dizzle88 10000 POST CLUB Join Date: Oct 2009 Posts: 11,208	Re: about where are we under the cap? I believe we are about 2M over, first year of Jairus' contract only causes something like 4 or 5M cap hit, one person restructuring or sproles being traded should push us back below the cap

03-12-2014, 06:56 PM	#3
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,720	Re: about where are we under the cap? Originally Posted by dizzle88 I believe we are about 2M over, first year of Jairus' contract only causes something like 4 or 5M cap hit, one person restructuring or sproles being traded should push us back below the cap we were at 1.9 under, then PT restructuring his 3 million probably knocked off at least 1 million, so we're at 3 million under. Trading or cutting Sproles drops us to about 6.5 million under. Byrd probably is right at 5 million so we're basically about 1.5 million under. Obviously more restructures coming, especially Bunkley. dizzle88 likes this.

03-12-2014, 07:06 PM	#4
biloxi-indian Site Donor Join Date: Jan 2004 Location: Southlake, TX Posts: 1,706	Re: about where are we under the cap? Originally Posted by dizzle88 I believe we are about 2M over, first year of Jairus' contract only causes something like 4 or 5M cap hit, one person restructuring or sproles being traded should push us back below the cap Joel Corry ‏@corryjoel · 7m Jairus Byrd's 6-year, $54M deal has $26.3M in guarantees. His 2014 cap number is $3.5M. He gets $27.9M in the first three years. mleg1972 and dizzle88 like this.

03-12-2014, 07:19 PM	#5
biloxi-indian Site Donor Join Date: Jan 2004 Location: Southlake, TX Posts: 1,706	Re: about where are we under the cap? Tom Pelissero ‏@TomPelissero · 37m Real numbers on Jairus Byrd's deal with #Saints: full deal is 6 years, $54M. He gets $12.3M in first year, including $11M signing bonus.

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03-12-2014, 07:33 PM	#6
The Dude 5000 POSTS! + Join Date: Jul 2011 Posts: 9,048	Re: about where are we under the cap? Originally Posted by Danno we were at 1.9 under, then PT restructuring his 3 million probably knocked off at least 1 million, so we're at 3 million under. Trading or cutting Sproles drops us to about 6.5 million under. Byrd probably is right at 5 million so we're basically about 1.5 million under. Obviously more restructures coming, especially Bunkley. We have GOT to find a way to keep Bunkly.
The Dude 5000 POSTS! + Join Date: Jul 2011 Posts: 9,048

03-12-2014, 09:37 PM	#7
\|Mitch\| 10000 POST CLUB Join Date: Oct 2009 Location: Alexandria, La Posts: 11,303	Re: about where are we under the cap? Originally Posted by The Dude We have GOT to find a way to keep Bunkly. hence the keyword: restructure

03-12-2014, 10:02 PM	#8
alleycat_126 1000 Posts + Join Date: Jan 2007 Location: Katy, Tx a suburb of Houston Posts: 2,089	Re: about where are we under the cap? There's a gift and a curse to this deal.... Listening to Bill Polian on the radio today he basically said, Loomis is a cap genius and he ( Loomis) wouldn't have made this Bryd deal if he were not really close to signing Graham and bringing his (Graham) cap number down with a long term deal.. But he said, there could a team out there willing to offer graham more money than the Saints could offer Jimmy.... that would be the only way the gamble doesn't work...

03-12-2014, 10:05 PM	#9
\|Mitch\| 10000 POST CLUB Join Date: Oct 2009 Location: Alexandria, La Posts: 11,303	Re: about where are we under the cap? Originally Posted by alleycat_126 But he said, there could a team out there willing to offer graham more money than the Saints could offer Jimmy.... that would be the only way the gamble doesn't work... Then we take 2 firsts from them = win/win in my book ChrisXVI, CoreyO and brees84 like this.

03-12-2014, 10:12 PM	#10
ChrisXVI 10000 POST CLUB Join Date: Aug 2011 Location: Madison, WI Posts: 11,482	Re: about where are we under the cap? Originally Posted by \|Mitch\| Then we take 2 firsts from them = win/win in my book Took the words out of my mouth: win-win situation. Our defense is set to be elite for years to come and I'm pretty sure we could replace Graham with one of our potential four 1st round picks in these next two drafts.

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