3 More Sacks Nets Galette $6.5mm

Danno · 12-20-2014, 12:06 PM

Of course, it being structured as a 2016 roster bonus, he has to be on the team in 2016 to collect.

Oh, and I find this intersting...
it’s also worth pointing out that his 2015 cap figure will be greatly reduced in the spring. Right now he’s scheduled to count $15.45 million against the Saints’ 2015 cap because of a guaranteed $12.5 million roster bonus. But that will almost certainly be converted into a signing bonus and spread out over the final five years of his deal, which will drop his 2015 cap hit to $5.45 million.

Well there's 10 million knocked off our 2015 cap problems.

K Major · 12-20-2014, 12:10 PM

Originally Posted by Danno

it’s also worth pointing out that his 2015 cap figure will be greatly reduced in the spring. Right now he’s scheduled to count $15.45 million against the Saints’ 2015 cap because of a guaranteed $12.5 million roster bonus. But that will almost certainly be converted into a signing bonus and spread out over the final five years of his deal, which will drop his 2015 cap hit to $5.45 million.

Well there's 10 million knocked off our 2015 cap problems.

12-20-2014, 12:06 PM	#1
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,758	Re: 3 More Sacks Nets Galette $6.5mm Of course, it being structured as a 2016 roster bonus, he has to be on the team in 2016 to collect. Oh, and I find this intersting... it’s also worth pointing out that his 2015 cap figure will be greatly reduced in the spring. Right now he’s scheduled to count $15.45 million against the Saints’ 2015 cap because of a guaranteed $12.5 million roster bonus. But that will almost certainly be converted into a signing bonus and spread out over the final five years of his deal, which will drop his 2015 cap hit to $5.45 million. Well there's 10 million knocked off our 2015 cap problems. saintsfan1976, K Major and Exxcalibur like this.

12-20-2014, 12:10 PM	#2
K Major Site Donor 2019 Join Date: Jan 2013 Location: Bedford, TX Posts: 24,844 Blog Entries: 3	Re: 3 More Sacks Nets Galette $6.5mm Originally Posted by Danno it’s also worth pointing out that his 2015 cap figure will be greatly reduced in the spring. Right now he’s scheduled to count $15.45 million against the Saints’ 2015 cap because of a guaranteed $12.5 million roster bonus. But that will almost certainly be converted into a signing bonus and spread out over the final five years of his deal, which will drop his 2015 cap hit to $5.45 million. Well there's 10 million knocked off our 2015 cap problems.

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