Delvin Breaux

iceshack149 · 01-28-2015, 08:14 AM

Originally Posted by brees84

Brees and Galette restructure could free 20 mil in cap space.

Galette doesn't seem like the restructuring type. I think he's happy that he got his.

AsylumGuido · 01-30-2015, 10:02 AM

Originally Posted by iceshack149

Galette doesn't seem like the restructuring type. I think he's happy that he got his.

First of all, restructuring ALWAYS works in the player's favor. That is why it is a last resort of sorts. Secondly, Galette is due a $12.5M roster bonus meaning a cap hit in 2015 of the same. If I'm not mistaken, the Saints have the option of converting the roster bonus into a signing bonus which can then be prorated over the final five years of his contract, thus reducing the 2015 hit to $2.5M, or an immediate cap saving of $10M off this upcoming cap. Galette still gets his full $12.5M right away, therefore he's happy.

01-28-2015, 08:14 AM	#1
iceshack149 1000 Posts + Join Date: Mar 2003 Location: Fairbanks, AK Posts: 4,431 Blog Entries: 1	Re: Delvin Breaux Originally Posted by brees84 Brees and Galette restructure could free 20 mil in cap space. Galette doesn't seem like the restructuring type. I think he's happy that he got his.

01-30-2015, 10:02 AM	#2
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,709	Re: Delvin Breaux Originally Posted by iceshack149 Galette doesn't seem like the restructuring type. I think he's happy that he got his. First of all, restructuring ALWAYS works in the player's favor. That is why it is a last resort of sorts. Secondly, Galette is due a $12.5M roster bonus meaning a cap hit in 2015 of the same. If I'm not mistaken, the Saints have the option of converting the roster bonus into a signing bonus which can then be prorated over the final five years of his contract, thus reducing the 2015 hit to $2.5M, or an immediate cap saving of $10M off this upcoming cap. Galette still gets his full $12.5M right away, therefore he's happy. mleg1972, ChrisXVI and brees84 like this.

LinkBacks (?) LinkBack to this Thread: https://blackandgold.com/saints/70739-delvin-breaux.html
Posted By	For	Type	Date	Hits
The Latest New Orleans Saints News \| SportSpyder	This thread	Refback	01-24-2015 03:08 PM	6
Delvin Breaux	This thread	Refback	01-24-2015 02:44 PM	16