New Orleans Saints hay have made a mistake signing Champ Bailey

TheOak · 04-10-2014, 08:34 AM

Originally Posted by Danno

We freakin stole him!

Yep!

Essentially...

We got a crappy Champ Bailey for $500k... and cut him with minimal loss if he doesn't pan out.

or

We got a Pro-Bpwl caliber Champ Bailey for 1.8m/year

ScottF · 04-10-2014, 08:45 AM

Originally Posted by TheOak

Champ Baileys contract details.

2years / 3.75m 500k Signing Bonus $500k guaranteed

Year Base S. Bonus ......Misc. .......Cap Hit Dead
2014 1,000,000 250,000 - 1,250,000 -
2015 1,500,000 250,000 500,000 2,250,000 -
2016 UFA

2014 Roster Bonus (active 6 games): $250,000 (NLTBE)
2015 Roster Bonus (5th league day) : $250,000
2015 Roster Bonus (Week 1): $250,000
Annual Incentive: $150,000
Pro Bowl: $150,000
Playing Time Incentive: $1.2 million

Most of it is incentive and bonus based.

Where do year end incentive bonuses fall, in this year or next? I don't mean just for Bailey, but everyone?

TheOak · 04-10-2014, 09:42 AM

Originally Posted by ScottF

Where do year end incentive bonuses fall, in this year or next? I don't mean just for Bailey, but everyone?

Not sure if I completely understand the question but they should fall into that respective year.

The roster bonuses fall into their respective years.
The pro-bowl, play-time, and Annual will also fall into their respective years as those are not identified as year specific.

The grayish area is the NLTBE (Not Likely to be earned)
*2014 Roster Bonus (active 6 games): $250,000 (NLTBE) <-- This one for instance is NLTBE so it doesn't hit the cap unless he is active for a 6th game, then it hits that years cap.

Was I close?

Ill guess that Loomis was very careful to word things correctly (NLTBE) and ensure that our cap doesn't bear any weight until it has to.

ScottF · 04-10-2014, 06:34 PM

Originally Posted by TheOak

Not sure if I completely understand the question but they should fall into that respective year.

The roster bonuses fall into their respective years.
The pro-bowl, play-time, and Annual will also fall into their respective years as those are not identified as year specific.

The grayish area is the NLTBE (Not Likely to be earned)
*2014 Roster Bonus (active 6 games): $250,000 (NLTBE) <-- This one for instance is NLTBE so it doesn't hit the cap unless he is active for a 6th game, then it hits that years cap.

Was I close?

Ill guess that Loomis was very careful to word things correctly (NLTBE) and ensure that our cap doesn't bear any weight until it has to.

That helps, and leads me to this what if: It is the end of regular season and we are 500,000 under the cap. Bailey earns 1.45 mill in bonuses. How do we pay it? Do we have to cut someone?
That's why I asked what year the hit falls in

TheOak · 04-10-2014, 06:47 PM

Originally Posted by ScottF

That helps, and leads me to this what if: It is the end of regular season and we are 500,000 under the cap. Bailey earns 1.45 mill in bonuses. How do we pay it? Do we have to cut someone?

That's why I asked what year the hit falls in

Only the bonuses that are NLTBE are not counted towards the cap. The rest count towards the cap right now so we are covered.

Theoretically you could say if we have $1 in cap space that could put us over and cause us to be penalized but Loomis never gets that close.

When you see me hemming and hawing saying that 2m in cap space means no cap space this is a small part of the reason. The rest is that between right now and start of the season we will have a minimum of $4m in signings between practice squad, the drafted players, and +2.

+2 is because right now it's a 51 player soft cap, the lowest two team salaries are not counted yet. Rookie minimum * 2....

04-10-2014, 08:34 AM	#31
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 19,026	Re: New Orleans Saints hay have made a mistake signing Champ Bailey Originally Posted by Danno We freakin stole him! Yep! Essentially... We got a crappy Champ Bailey for $500k... and cut him with minimal loss if he doesn't pan out. or We got a Pro-Bpwl caliber Champ Bailey for 1.8m/year Danno, ScottF, Joker and 1 others like this.
	Last edited by TheOak; 04-10-2014 at 08:36 AM..

04-10-2014, 08:45 AM	#32
ScottF 5000 POSTS! + Join Date: Feb 2007 Location: Atlanta Posts: 6,324	Re: New Orleans Saints hay have made a mistake signing Champ Bailey Originally Posted by TheOak Champ Baileys contract details. 2years / 3.75m 500k Signing Bonus $500k guaranteed Year Base S. Bonus ......Misc. .......Cap Hit Dead 2014 1,000,000 250,000 - 1,250,000 - 2015 1,500,000 250,000 500,000 2,250,000 - 2016 UFA 2014 Roster Bonus (active 6 games): $250,000 (NLTBE) 2015 Roster Bonus (5th league day) : $250,000 2015 Roster Bonus (Week 1): $250,000 Annual Incentive: $150,000 Pro Bowl: $150,000 Playing Time Incentive: $1.2 million Most of it is incentive and bonus based. Where do year end incentive bonuses fall, in this year or next? I don't mean just for Bailey, but everyone?

04-10-2014, 09:42 AM	#33
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 19,026	Re: New Orleans Saints hay have made a mistake signing Champ Bailey Originally Posted by ScottF Where do year end incentive bonuses fall, in this year or next? I don't mean just for Bailey, but everyone? Not sure if I completely understand the question but they should fall into that respective year. The roster bonuses fall into their respective years. The pro-bowl, play-time, and Annual will also fall into their respective years as those are not identified as year specific. The grayish area is the NLTBE (Not Likely to be earned) *2014 Roster Bonus (active 6 games): $250,000 (NLTBE) <-- This one for instance is NLTBE so it doesn't hit the cap unless he is active for a 6th game, then it hits that years cap. Was I close? Ill guess that Loomis was very careful to word things correctly (NLTBE) and ensure that our cap doesn't bear any weight until it has to.
	It's not what you look at that matters, it's what you see. ~ Henry David Thoreau

04-10-2014, 06:34 PM	#34
ScottF 5000 POSTS! + Join Date: Feb 2007 Location: Atlanta Posts: 6,324	Re: New Orleans Saints hay have made a mistake signing Champ Bailey Originally Posted by TheOak Not sure if I completely understand the question but they should fall into that respective year. The roster bonuses fall into their respective years. The pro-bowl, play-time, and Annual will also fall into their respective years as those are not identified as year specific. The grayish area is the NLTBE (Not Likely to be earned) *2014 Roster Bonus (active 6 games): $250,000 (NLTBE) <-- This one for instance is NLTBE so it doesn't hit the cap unless he is active for a 6th game, then it hits that years cap. Was I close? Ill guess that Loomis was very careful to word things correctly (NLTBE) and ensure that our cap doesn't bear any weight until it has to. That helps, and leads me to this what if: It is the end of regular season and we are 500,000 under the cap. Bailey earns 1.45 mill in bonuses. How do we pay it? Do we have to cut someone? That's why I asked what year the hit falls in

04-10-2014, 06:47 PM	#35
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 19,026	Re: New Orleans Saints hay have made a mistake signing Champ Bailey Originally Posted by ScottF That helps, and leads me to this what if: It is the end of regular season and we are 500,000 under the cap. Bailey earns 1.45 mill in bonuses. How do we pay it? Do we have to cut someone? That's why I asked what year the hit falls in Only the bonuses that are NLTBE are not counted towards the cap. The rest count towards the cap right now so we are covered. Theoretically you could say if we have $1 in cap space that could put us over and cause us to be penalized but Loomis never gets that close. When you see me hemming and hawing saying that 2m in cap space means no cap space this is a small part of the reason. The rest is that between right now and start of the season we will have a minimum of $4m in signings between practice squad, the drafted players, and +2. +2 is because right now it's a 51 player soft cap, the lowest two team salaries are not counted yet. Rookie minimum * 2....
	It's not what you look at that matters, it's what you see. ~ Henry David Thoreau

Latest Blogs
2023 New Orleans Saints: Training Camp Last Blog: 08-01-2023 By: MarchingOn Puck the Fro Browl! Last Blog: 02-05-2023 By: neugey CFP: "Just Keep Doing What You're Doing" Last Blog: 12-08-2022 By: neugey

LinkBacks (?) LinkBack to this Thread: https://blackandgold.com/saints/65385-new-orleans-saints-hay-have-made-mistake-signing-champ-bailey.html
Posted By	For	Type	Date	Hits
New Orleans Saints hay have made a mistake signing Champ Bailey	This thread	Refback	04-08-2014 11:02 PM	247
The Latest New Orleans Saints News \| SportSpyder	This thread	Refback	04-08-2014 09:34 PM	10