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-   -   Saints Can Clear $20M In Cap Space (https://blackandgold.com/saints/71083-saints-can-clear-20m-cap-space.html)

saintsfan1976 02-19-2015 10:30 AM

Saints Can Clear $20M In Cap Space
 
Ye of little faith...

More than enough to bring a few key FAs.


How the New Orleans Saints can quickly trim more than $20 million - ESPN

Quote:

The Saints can easily trim more than $20 million of that cap space by converting a handful of roster bonuses into signing bonuses. That’s part of the "plan" that Saints general manager Mickey Loomis referenced once again on Wednesday. As Loomis has explained, the Saints planned ahead for this and had "mechanisms" built into recent contracts they signed with guys like Junior Galette, Jairus Byrd, Jimmy Graham, and Curtis Lofton.

As of now, their full roster bonuses are counting against the 2015 cap. By converting them to signing bonuses, they can be spread out over the remainder of their contracts.

Here is a more detailed breakdown of how it will work:

Galette: Due a $12.5 million roster bonus. By converting to signing bonus, it will save $10 million against the 2015 cap by spreading it out over five years.

Byrd: Due a $6 million roster bonus. By converting to signing bonus, it will save $4.8 million against the 2015 cap by spreading it out over five years.

Graham: Due a $5 million roster bonus. By converting to signing bonus, it will save $3.33 million against the 2015 cap by spreading it out over three years.

Lofton: Due a $4.5 million roster bonus. By converting to signing bonus, it will save $2.25 million against the 2015 cap by spreading it out over two years.

Total savings: $20.38 million

That leaves another $6 million-plus the Saints must trim by March 10 by either releasing players, working out pay cuts or restructuring current deals. They have plenty of options

saintsfan1976 02-19-2015 10:35 AM

Re: Saints Can Clear $20M In Cap Space
 
Plus another, what, $9M by cutting Hawthorne and Bunkley after June 1?

dizzle88 02-19-2015 10:44 AM

Re: Saints Can Clear $20M In Cap Space
 
Would Brees restructuring this year save us some more as well?

brees84 02-19-2015 10:55 AM

Re: Saints Can Clear $20M In Cap Space
 
Quote:

Originally Posted by dizzle88 (Post 640989)
Would Brees restructuring this year save us some more as well?

Probably around 10 mil.

ScottF 02-19-2015 11:27 AM

Re: Saints Can Clear $20M In Cap Space
 
Quote:

Originally Posted by saintsfan1976 (Post 640988)
Plus another, what, $9M by cutting Hawthorne and Bunkley after June 1?

I want to like Bunkley. He seems to have the tools, and he really helped last year by taking a pay cut. The guy just hasn't produced in 2 years, and isn't worth near the $4.4 he would get if he stayed.

I like Hawthorne and think he'll take the lower salary

saintsfan1976 02-19-2015 11:32 AM

Re: Saints Can Clear $20M In Cap Space
 
Checklist:

Figure out Ingram's market value. Other teams will bid, hopefully we can match. If not there's plenty of RBs in the draft.

Fix the O line. Need a Guard, need a Center.

Fix the D line. Need a run-stuffer and depth.

Fix the LBs. Need youth and athleticism. Inside and outside.

Fix the secondary. Need a true #2 CB. NOW.


We could go into training camp with some very interesting pieces.

Give Brees another 2 seconds.
Limit the run.
Limit the deep plays.
Tackle well.
Create a few more turnovers.


I'm digging 2015 already....

saintsfan1976 02-19-2015 11:33 AM

Re: Saints Can Clear $20M In Cap Space
 
Quote:

Originally Posted by ScottF (Post 640991)
I want to like Bunkley. He seems to have the tools, and he really helped last year by taking a pay cut. The guy just hasn't produced in 2 years, and isn't worth near the $4.4 he would get if he stayed.

I like Hawthorne and think he'll take the lower salary

Bunkely for one more year ONLY if we draft a stud NT.

Hawthorne for one more year ONLY if we draft a stud LB.

Any key veteran FA signings would make these two obsolete IMO.

rezburna 02-19-2015 11:52 AM

Re: Saints Can Clear $20M In Cap Space
 
Quote:

Originally Posted by saintsfan1976 (Post 640987)
Ye of little faith...

More than enough to bring a few key FAs.


How the New Orleans Saints can quickly trim more than $20 million - ESPN

Doing all that still won't get us out the red? We still have to clear another 6 million after the fact just to come out in the black? I'm intrigued to see how this plays out. I know it'll work itself out.

RaginCajun83 02-19-2015 12:10 PM

Re: Saints Can Clear $20M In Cap Space
 
Quote:

Originally Posted by saintsfan1976 (Post 640987)
Ye of little faith...

More than enough to bring a few key FAs.


How the New Orleans Saints can quickly trim more than $20 million - ESPN

Da Loomis strikes again and he will figure out a way to get the Saints under the cap and bring a big name free agent to the team as well (see: 2014)

Plus add in a possible:

Colston restructure
Brees restructure
Grubbs restructure (cut IMO)
Evans restructrue

Who dares question the awe mighty powerful Loomis?

ScottF 02-19-2015 12:12 PM

Re: Saints Can Clear $20M In Cap Space
 
Quote:

Originally Posted by rezburna (Post 640996)
Doing all that still won't get us out the red? We still have to clear another 6 million after the fact just to come out in the black? I'm intrigued to see how this plays out. I know it'll work itself out.

I keep reading "worst cap situation" in the league. I don't get it either.

saintsfan1976 02-19-2015 01:45 PM

Re: Saints Can Clear $20M In Cap Space
 
Read all the headlines you want.

The Saints are in a good position. Better than advertised.

We will sign 2-3 key free agents AND draft well this year.

Mr.Riaton 02-19-2015 03:49 PM

Re: Saints Can Clear $20M In Cap Space
 
When it comes to cap relief,Over the Cap shows that 2016 will be a good year for us. It's like that year is a release valve for all the backloaded contracts.I wonder if Loomis purposely planned it that way?

saintsfan1976 02-19-2015 04:12 PM

Re: Saints Can Clear $20M In Cap Space
 
Quote:

Originally Posted by Mr.Riaton (Post 641015)
When it comes to cap relief,Over the Cap shows that 2016 will be a good year for us. It's like that year is a release valve for all the backloaded contracts.I wonder if Loomis purposely planned it that way?


IF???

Crusader 02-19-2015 04:24 PM

Re: Saints Can Clear $20M In Cap Space
 
Quote:

Originally Posted by saintsfan1976 (Post 641007)
Read all the headlines you want.

The Saints are in a good position. Better than advertised.

We will sign 2-3 key free agents AND draft well this year.

I love the optimism!

blackangold 02-19-2015 04:29 PM

Re: Saints Can Clear $20M In Cap Space
 
Everyone thought the same thing last year. Don't you guys remember the falcon fan forums going crazy when we signed the number 1 FA out there.

This year we might land 2 big time FAs along with some solid role players.

saintsfan1976 02-19-2015 05:09 PM

Re: Saints Can Clear $20M In Cap Space
 
Quote:

Originally Posted by Crusader (Post 641026)
I love the optimism!

Think about it.

Aside from 2012 (no head coach) and 2014 (no clue), this team has made the playoffs 5 of 7 years.

2010 - Lost wild card by 5 points (away)
2011 - Lost divisional by 4 points (away)
2012 - No HC
2013 - Lost divisional by 8 points (away)

2014 was a kick in the nuts to a coach who had admittedly become somewhat complacent.

People were fired. Reinforcements were hired.

Is there anyone you fear more than a rejuvenated Sean Payton?

RaginCajun83 02-19-2015 05:24 PM

Re: Saints Can Clear $20M In Cap Space
 
Quote:

Originally Posted by saintsfan1976 (Post 641039)
Think about it.

Aside from 2012 (no head coach) and 2014 (no clue), this team has made the playoffs 5 of 7 years.

2010 - Lost wild card by 5 points (away)
2011 - Lost divisional by 4 points (away)
2012 - No HC
2013 - Lost divisional by 8 points (away)

2014 was a kick in the nuts to a coach who had admittedly become somewhat complacent.

People were fired. Reinforcements were hired.

Is there anyone you fear more than a rejuvenated Sean Payton?

IMO sitting out 2012 took away his fire and his balls, he looked passive at time with those readers on. I couldn't tell if that was Sean or my grandpa on the sidelines at times

jeanpierre 02-19-2015 09:46 PM

Re: Saints Can Clear $20M In Cap Space
 
Quote:

Originally Posted by saintsfan1976 (Post 640993)
Checklist:

Figure out Ingram's market value. Other teams will bid, hopefully we can match. If not there's plenty of RBs in the draft.

Fix the O line. Need a Guard, need a Center.

Fix the D line. Need a run-stuffer and depth.

Fix the LBs. Need youth and athleticism. Inside and outside.

Fix the secondary. Need a true #2 CB. NOW.


We could go into training camp with some very interesting pieces.

Give Brees another 2 seconds.
Limit the run.
Limit the deep plays.
Tackle well.
Create a few more turnovers.


I'm digging 2015 already....


AMEN! Knew You'd Come Around And Now You've Seen The Promised Land my Brother!!!



saintsfan1976 02-20-2015 06:56 AM

Re: Saints Can Clear $20M In Cap Space
 
I've been calling for several things over the years:
Speedy edge rusher
Sideline to sideline LB
O line help

lee909 02-20-2015 06:58 AM

Re: Saints Can Clear $20M In Cap Space
 
I put a post on a thread a few weeks back. This is not the year to pay any money on a RB. Including 5/6 top picks in the draft there are around 20 above average/good RBs on the market.

jeanpierre 02-20-2015 08:27 AM

Re: Saints Can Clear $20M In Cap Space
 
Yeah, but we can no longer afford to miss on our high picks, especially at running back...

There's enough affordable talent at RB in free agency that would be more than effective in this offense with the offensive line reinforced...

hagan714 02-20-2015 08:54 AM

Re: Saints Can Clear $20M In Cap Space
 
Galette: Due a $12.5 million roster bonus. By converting to signing bonus, it will save $10 million against the 2015 cap by spreading it out over five years.

Byrd: Due a $6 million roster bonus. By converting to signing bonus, it will save $4.8 million against the 2015 cap by spreading it out over five years.

Graham: Due a $5 million roster bonus. By converting to signing bonus, it will save $3.33 million against the 2015 cap by spreading it out over three years.

Lofton: Due a $4.5 million roster bonus. By converting to signing bonus, it will save $2.25 million against the 2015 cap by spreading it out over two years.

Total savings: $20.38 million

That leaves another $6 million-plus the Saints must trim by March 10 by either releasing players, working out pay cuts or restructuring current deals. They have plenty of options

Simple redos for sure.
Colston restructure
Evans restructrue

Grubbs restructure? hard call next year his dead money is next to nothing. i say draft and stick it out one more year unless training camp proves we upgraded in the draft.

and/or

Brees does not restructure up on the trading block he goes. jets? cleveland?

Sign Brian Hoyer and stock pile the picks for 2016 and go after Connor Cook

lee909 02-20-2015 08:58 AM

Re: Saints Can Clear $20M In Cap Space
 
Who has hacked Hagans account?

jeanpierre 02-20-2015 10:13 AM

Re: Saints Can Clear $20M In Cap Space
 
Quote:

Originally Posted by lee909 (Post 641116)
Who has hacked Hagans account?

HAHHAHAHAH!!!

Rugby Saint II 02-28-2015 10:05 PM

Re: Saints Can Clear $20M In Cap Space
 
All I know is that we're screwed! :couch:

ChrisXVI 02-28-2015 11:09 PM

Re: Saints Can Clear $20M In Cap Space
 
A week and a half to go... Hopefully we start hearing some news soon. Knowing Loomis though we'll hear nothing until the morning of March 10th.

jeanpierre 03-01-2015 10:53 PM

Re: Saints Can Clear $20M In Cap Space
 
Quote:

Originally Posted by Rugby Saint II (Post 641912)
All I know is that we're screwed! :couch:

We've mortgaged the future for Brees; makes sense, but I still don't like it...

saintsfan1976 03-02-2015 06:36 AM

Re: Saints Can Clear $20M In Cap Space
 
Quote:

Originally Posted by jeanpierre (Post 641971)
We've mortgaged the future for Brees; makes sense, but I still don't like it...

Fine with mortgaging for a future first ballot HOF'er.

Now we need to beef up the insurance policy - his protection.

RaginCajun83 03-03-2015 06:08 PM

Re: Saints Can Clear $20M In Cap Space
 
Adam Schefter expects #Saints to restructure Marques Colston’s deal Adam Schefter expects Saints to restructure Marques Colston's deal - Black and Gold

there's some saved money already

jeanpierre 03-03-2015 06:18 PM

Re: Saints Can Clear $20M In Cap Space
 
Yeah, they were just reporting that on WWL-TV during the 5 o'clock sports cast...

K Major 03-03-2015 06:27 PM

Re: Saints Can Clear $20M In Cap Space
 
Quote:

Originally Posted by RaginCajun83 (Post 642103)
Adam Schefter expects #Saints to restructure Marques Colston’s deal Adam Schefter expects Saints to restructure Marques Colston's deal - Black and Gold

there's some saved money already

Good move. Colston can still help this team achieve it's ultimate goal.


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