Saints cut Ellerbe's base salary by $7.4 million

jeanpierre · 03-17-2015, 10:33 PM

Originally Posted by QBREES9

NFL network says we are a franchise without a plan. They're Network without a plan.

I think it could be said we WERE a franchise without a plan...

But there's definitely a plan in place, and the Boss Man Cometh...

jeanpierre · 03-17-2015, 10:31 PM

Correct me if I'm wrong, but wasn't Ellerbe's contract not guaranteed before the extension?!?

Yes his cap number would've been higher, but couldn't he have also been released without cap consequences?!?

Williebing · 03-20-2015, 03:34 PM

Missing some details. A man doesn't just give up 9.3 mill when he already has a contract signed. what arrangements have been made?

AsylumGuido · 03-20-2015, 05:37 PM

Originally Posted by Williebing

Missing some details. A man doesn't just give up 9.3 mill when he already has a contract signed. what arrangements have been made?

He does when it's not guaranteed. He was about to be cut outright.

The Dude · 03-21-2015, 04:02 PM

Why would he agree to those terms? Does Loomis have blackmail on him?

AsylumGuido · 03-21-2015, 05:42 PM

Originally Posted by The Dude

Why would he agree to those terms? Does Loomis have blackmail on him?

He was going to be released. Any new contract on his own would be for less. The Saints had an asset that Miami wanted badly. They valued Stills at eating $3.5 million and giving up the 3rd. On top of all of that, he had a relationship with Ireland who brought him to Miami.

He signed the old "prove it" contract with a team that wanted him coming off missing almost a full season.

No, it's not called blackmail. In business it is known as leverage.

Hail Loomis. He is the sh*t!

03-17-2015, 10:33 PM	#1
jeanpierre Site Donor 2018 Join Date: Mar 2008 Location: Thibodaux Posts: 43,543 Blog Entries: 39	Re: Saints cut Ellerbe's base salary by $7.4 million Originally Posted by QBREES9 NFL network says we are a franchise without a plan. They're Network without a plan. I think it could be said we WERE a franchise without a plan... But there's definitely a plan in place, and the Boss Man Cometh...

03-17-2015, 10:31 PM	#2
jeanpierre Site Donor 2018 Join Date: Mar 2008 Location: Thibodaux Posts: 43,543 Blog Entries: 39	Re: Saints cut Ellerbe's base salary by $7.4 million Correct me if I'm wrong, but wasn't Ellerbe's contract not guaranteed before the extension?!? Yes his cap number would've been higher, but couldn't he have also been released without cap consequences?!?

03-20-2015, 03:34 PM	#3
Williebing Rookie Join Date: Mar 2015 Posts: 7	Re: Saints cut Ellerbe's base salary by $7.4 million Missing some details. A man doesn't just give up 9.3 mill when he already has a contract signed. what arrangements have been made?
Williebing Rookie Join Date: Mar 2015 Posts: 7

03-20-2015, 05:37 PM	#4
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,803	Re: Saints cut Ellerbe's base salary by $7.4 million Originally Posted by Williebing Missing some details. A man doesn't just give up 9.3 mill when he already has a contract signed. what arrangements have been made? He does when it's not guaranteed. He was about to be cut outright.

03-21-2015, 04:02 PM	#5
The Dude 5000 POSTS! + Join Date: Jul 2011 Posts: 9,066	Re: Saints cut Ellerbe's base salary by $7.4 million Why would he agree to those terms? Does Loomis have blackmail on him?
The Dude 5000 POSTS! + Join Date: Jul 2011 Posts: 9,066

03-21-2015, 05:42 PM	#6
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,803	Re: Saints cut Ellerbe's base salary by $7.4 million Originally Posted by The Dude Why would he agree to those terms? Does Loomis have blackmail on him? He was going to be released. Any new contract on his own would be for less. The Saints had an asset that Miami wanted badly. They valued Stills at eating $3.5 million and giving up the 3rd. On top of all of that, he had a relationship with Ireland who brought him to Miami. He signed the old "prove it" contract with a team that wanted him coming off missing almost a full season. No, it's not called blackmail. In business it is known as leverage. Hail Loomis. He is the sh*t! Danno likes this.

LinkBacks (?) LinkBack to this Thread: https://blackandgold.com/saints/71539-saints-cut-ellerbes-base-salary-7-4-million.html
Posted By	For	Type	Date	Hits
The Latest New Orleans Saints News \| SportSpyder	This thread	Refback	03-17-2015 09:07 AM	4
Saints cut Ellerbe's base salary by $7.4 million	This thread	Refback	03-17-2015 08:31 AM	2