Bunkley Restructures, paycut

Jack Vegas · 04-09-2014, 05:00 PM

Originally Posted by NewDeal

Big pay cut. He must want that championship.

He's still getting his money upfront, it's just not part of his base salary anymore. He's taking $2.85 million lump sum as signing bonus. I wouldn't mind having those kinds of headaches.

ScottF · 04-09-2014, 05:02 PM

a little more info:
New Orleans Saints restructure defensive tackle Brodrick Bunkley's contract | NOLA.com

Boutte · 04-09-2014, 05:02 PM

Glad we worked something out. Bunkley is a very good NT.

Jack Vegas · 04-09-2014, 05:06 PM

also, Bunkley knows that if he didn't restructure he ran a pretty big risk of being a June 1 cut, and the way things are for veterans anymore, there's no way he was going to get anything close to 4.4 million/year on the open market.

The tradeoff for the Saints of course is that they are basically committed to him for at least 2015, since they can't restructure two years in a row and cutting him would be a massive dead money hit.

ChrisXVI · 04-09-2014, 05:11 PM

Originally Posted by Jack Vegas

He's still getting his money upfront, it's just not part of his base salary anymore. He's taking $2.85 million lump sum as signing bonus. I wouldn't mind having those kinds of headaches.

No... He's only getting a $300,000 signing bonus. It was a true pay cut.

ScottF · 04-09-2014, 05:12 PM

Originally Posted by Jack Vegas

also, Bunkley knows that if he didn't restructure he ran a pretty big risk of being a June 1 cut, and the way things are for veterans anymore, there's no way he was going to get anything close to 4.4 million/year on the open market.

The tradeoff for the Saints of course is that they are basically committed to him for at least 2015, since they can't restructure two years in a row and cutting him would be a massive dead money hit.

look at it this way- he was due $5 mill for 2014, and cutting him would have left us a a $5 million dollar hole and no player. That money was gone either way

This way we have money now, and taking a three year average, he now makes $3.5 mill annually

foreverfan · 04-09-2014, 05:12 PM

Originally Posted by dizzle88

Glad he's a team player...

Talk about break the bank.... Hear that Drew....

Jack Vegas · 04-09-2014, 05:24 PM

Originally Posted by ChrisXVI

No... He's only getting a $300,000 signing bonus. It was a true pay cut.

That's a roster bonus, not his full signing bonus. If I have it figured right the entirety of his signing bonus would be something in the neighborhood of 2.2 million.

You can't just cut people's salary. Base salary is guaranteed. They can restructure it into signing bonus, but you can't just say "you're taking 2.85 million dollars less this year". It's not allowed.

blackangold · 04-09-2014, 05:29 PM

LOOOOMISSSS you did it AGAAAAIN........

lol

Failcants cry more

ChrisXVI · 04-09-2014, 05:32 PM

Originally Posted by Jack Vegas

That's a roster bonus, which is part of his base salary. Not the signing bonus.

Edit... Never mind.

04-09-2014, 05:00 PM	#11
Jack Vegas 1000 Posts + Join Date: Jul 2011 Posts: 2,254	Re: Bunkley Restructures, paycut Originally Posted by NewDeal Big pay cut. He must want that championship. He's still getting his money upfront, it's just not part of his base salary anymore. He's taking $2.85 million lump sum as signing bonus. I wouldn't mind having those kinds of headaches.
Jack Vegas 1000 Posts + Join Date: Jul 2011 Posts: 2,254

04-09-2014, 05:02 PM	#12
ScottF 5000 POSTS! + Join Date: Feb 2007 Location: Atlanta Posts: 6,324	Re: Bunkley Restructures, paycut a little more info: New Orleans Saints restructure defensive tackle Brodrick Bunkley's contract \| NOLA.com

04-09-2014, 05:02 PM	#13
Boutte Site Donor Join Date: Feb 2006 Location: Belle Chasse Posts: 1,701	Re: Bunkley Restructures, paycut Glad we worked something out. Bunkley is a very good NT.

04-09-2014, 05:06 PM	#14
Jack Vegas 1000 Posts + Join Date: Jul 2011 Posts: 2,254	Re: Bunkley Restructures, paycut also, Bunkley knows that if he didn't restructure he ran a pretty big risk of being a June 1 cut, and the way things are for veterans anymore, there's no way he was going to get anything close to 4.4 million/year on the open market. The tradeoff for the Saints of course is that they are basically committed to him for at least 2015, since they can't restructure two years in a row and cutting him would be a massive dead money hit.
Jack Vegas 1000 Posts + Join Date: Jul 2011 Posts: 2,254

04-09-2014, 05:11 PM	#15
ChrisXVI 10000 POST CLUB Join Date: Aug 2011 Location: Madison, WI Posts: 11,482	Re: Bunkley Restructures, paycut Originally Posted by Jack Vegas He's still getting his money upfront, it's just not part of his base salary anymore. He's taking $2.85 million lump sum as signing bonus. I wouldn't mind having those kinds of headaches. No... He's only getting a $300,000 signing bonus. It was a true pay cut.

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

04-09-2014, 05:12 PM	#16
ScottF 5000 POSTS! + Join Date: Feb 2007 Location: Atlanta Posts: 6,324	Re: Bunkley Restructures, paycut Originally Posted by Jack Vegas also, Bunkley knows that if he didn't restructure he ran a pretty big risk of being a June 1 cut, and the way things are for veterans anymore, there's no way he was going to get anything close to 4.4 million/year on the open market. The tradeoff for the Saints of course is that they are basically committed to him for at least 2015, since they can't restructure two years in a row and cutting him would be a massive dead money hit. look at it this way- he was due $5 mill for 2014, and cutting him would have left us a a $5 million dollar hole and no player. That money was gone either way This way we have money now, and taking a three year average, he now makes $3.5 mill annually

04-09-2014, 05:12 PM	#17
foreverfan 12,000 BS Posts Join Date: Mar 2006 Location: Metairie, LA Posts: 13,457 Blog Entries: 5	Re: Bunkley Restructures, paycut Originally Posted by dizzle88 Glad he's a team player... Talk about break the bank.... Hear that Drew.... Halo likes this.

04-09-2014, 05:24 PM	#18
Jack Vegas 1000 Posts + Join Date: Jul 2011 Posts: 2,254	Re: Bunkley Restructures, paycut Originally Posted by ChrisXVI No... He's only getting a $300,000 signing bonus. It was a true pay cut. That's a roster bonus, not his full signing bonus. If I have it figured right the entirety of his signing bonus would be something in the neighborhood of 2.2 million. You can't just cut people's salary. Base salary is guaranteed. They can restructure it into signing bonus, but you can't just say "you're taking 2.85 million dollars less this year". It's not allowed.
Jack Vegas 1000 Posts + Join Date: Jul 2011 Posts: 2,254

04-09-2014, 05:29 PM	#19
blackangold 1000 Posts + Join Date: Aug 2011 Posts: 3,422	Re: Bunkley Restructures, paycut LOOOOMISSSS you did it AGAAAAIN........ lol Failcants cry more Halo likes this.

04-09-2014, 05:32 PM	#20
ChrisXVI 10000 POST CLUB Join Date: Aug 2011 Location: Madison, WI Posts: 11,482	Bunkley Restructures, paycut Originally Posted by Jack Vegas That's a roster bonus, which is part of his base salary. Not the signing bonus. Edit... Never mind.

LinkBacks (?) LinkBack to this Thread: https://blackandgold.com/saints/65407-bunkley-restructures-paycut.html
Posted By	For	Type	Date	Hits
The Latest New Orleans Saints News \| SportSpyder	This thread	Refback	04-09-2014 06:38 PM	4
Bunkley Restructures, paycut	This thread	Refback	04-09-2014 05:17 PM	22