Saints restructure Drew Brees deal, push more cap hit to future

09-30-2015, 12:33 PM

Originally Posted by saintsfan1976

You guys can feel however you want but this season is far from over and it's obvious the team hasn't given up.

Not to paint too pretty of a picture here, but all three losses went down to the wire and we lost by shooting ourselves in the foot.

3 starters coming back from injury.
1 more player could make an impact.
Anything can happen.

Like 3-3 and a game back by week six.

Yup someone is on SP's radar. Agreed games are very close! A win against the Cow's will swing the momentum.

Rugby Saint II · 09-30-2015, 12:40 PM

People have been screaming for Drew to restructure or something about his contract. Well, he's done it and we don't know why. Head scratcher.

burningmetal · 09-30-2015, 12:40 PM

Originally Posted by Budsdrinker

This is a simple move. The cap is expected to rise by 17 million next year plus Brees will no doubt sign an extension to lower his cap and we need help this year. This is the only way to receive cap help. After 3 weeks this season isn't over.

I don't have cap numbers handy at my disposal, and thus I obviously don't study all the numbers. But I'm guessing that when people we hear reports about cap issues for next year, it's because they factoring salary hikes along with the projected cap raise. And this deal is adding to that issue.

burningmetal · 09-30-2015, 12:43 PM

Originally Posted by Rugby Saint II

People have been screaming for Drew to restructure or something about his contract. Well, he's done it and we don't know why. Head scratcher.

It's because this isn't a cost reducing move. It's just a pay me later move.

Budsdrinker · 09-30-2015, 12:51 PM

Originally Posted by burningmetal

It's because this isn't a cost reducing move. It's just a pay me later move.

Yes but it allows the ability to sign a player this year that is in need and pay me later part can be absorb in an extension and also as the cap number climbs. This year $143 million next year it's supposed to increase to $160 million.

SmashMouth · 09-30-2015, 01:08 PM

Will they give Jahri Evans a raise?

We'll have to wait and see what they have in mind.

Right now it's just befuddling speculation.

burningmetal · 09-30-2015, 01:09 PM

Originally Posted by Budsdrinker

Yes but it allows the ability to sign a player this year that is in need and pay me later part can be absorb in an extension and also as the cap number climbs. This year $143 million next year it's supposed to increase to $160 million.

Right, but as I said to you in another reply, there will be rising salaries as well. Mickey has been back-loading contracts for years, and it's precisely why we're in the predicament we're in. It's fine and dandy to bring in a player for now, but who exactly are we going to get at this point and how many times are we going to keep making the same mistakes that put us in a hole?

Also, given Drew's injury and age I don't think an extension would be a good idea.

CharityMike · 09-30-2015, 01:33 PM

Originally Posted by Danno

I have no doubt we're making a move for somebody.

TE? WR? DE/OLB?

Heard on the radio Payton talking about TE. He is not happy with the production so far and said we need some help there. His exact words.

AsylumGuido · 09-30-2015, 01:46 PM

Originally Posted by burningmetal

That really is the best thing for the team. I don't expect it to happen, but it would be huge. There are several people who will say he shouldn't have to do that, because it's his money... blah blah. Yes, it's his money. But if he wants to win it's kind of important that he clear some space.

We know Mickey won't clear it any other way.

I have no doubt Brees will do the Brady-type extension after this season. The future cap will not be an issue. The cap limit is rising a significant amount each year and there is no end to that trend in sight. Pushing cap hit to the future is smart finance. This is nothing but cost accounting 101. And, yes, I do have an accounting degree ... as does Loomis.

AsylumGuido · 09-30-2015, 01:47 PM

Originally Posted by Budsdrinker

This is a simple move. The cap is expected to rise by 17 million next year plus Brees will no doubt sign an extension to lower his cap and we need help this year. This is the only way to receive cap help. After 3 weeks this season isn't over.

Absolutely.

09-30-2015, 12:33 PM	#41
Threaded by RailBoss 5000 POSTS! + Join Date: Dec 2004 Location: South Of The Mason Dixon Line Posts: 7,113 Rating: (0 votes - average) Originally Posted by saintsfan1976 You guys can feel however you want but this season is far from over and it's obvious the team hasn't given up. Not to paint too pretty of a picture here, but all three losses went down to the wire and we lost by shooting ourselves in the foot. 3 starters coming back from injury. 1 more player could make an impact. Anything can happen. Like 3-3 and a game back by week six. Yup someone is on SP's radar. Agreed games are very close! A win against the Cow's will swing the momentum.
Views: 31732

09-30-2015, 12:40 PM	#42
Rugby Saint II Bounty Money $$$ Join Date: Oct 2008 Location: 5800 Airline Dr. Metairie, LA. Posts: 24,166	Re: Saints restructure Drew Brees deal, push more cap hit to future People have been screaming for Drew to restructure or something about his contract. Well, he's done it and we don't know why. Head scratcher.

09-30-2015, 12:40 PM	#43
burningmetal 1000 Posts + Join Date: Mar 2012 Posts: 3,923 Blog Entries: 3	Re: Saints restructure Drew Brees deal, push more cap hit to future Originally Posted by Budsdrinker This is a simple move. The cap is expected to rise by 17 million next year plus Brees will no doubt sign an extension to lower his cap and we need help this year. This is the only way to receive cap help. After 3 weeks this season isn't over. I don't have cap numbers handy at my disposal, and thus I obviously don't study all the numbers. But I'm guessing that when people we hear reports about cap issues for next year, it's because they factoring salary hikes along with the projected cap raise. And this deal is adding to that issue.

09-30-2015, 12:43 PM	#44
burningmetal 1000 Posts + Join Date: Mar 2012 Posts: 3,923 Blog Entries: 3	Re: Saints restructure Drew Brees deal, push more cap hit to future Originally Posted by Rugby Saint II People have been screaming for Drew to restructure or something about his contract. Well, he's done it and we don't know why. Head scratcher. It's because this isn't a cost reducing move. It's just a pay me later move. RailBoss likes this.

09-30-2015, 12:51 PM	#45
Budsdrinker A Cajun Transforming TX Join Date: Jul 2007 Location: The Woodlands, Texas Posts: 2,787	Re: Saints restructure Drew Brees deal, push more cap hit to future Originally Posted by burningmetal It's because this isn't a cost reducing move. It's just a pay me later move. Yes but it allows the ability to sign a player this year that is in need and pay me later part can be absorb in an extension and also as the cap number climbs. This year $143 million next year it's supposed to increase to $160 million. AsylumGuido likes this.

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09-30-2015, 01:08 PM	#46
SmashMouth I donated, did you? Join Date: Sep 2007 Location: Mandeville, LA Posts: 38,888 Blog Entries: 29	Re: Saints restructure Drew Brees deal, push more cap hit to future Will they give Jahri Evans a raise? We'll have to wait and see what they have in mind. Right now it's just befuddling speculation.

09-30-2015, 01:09 PM	#47
burningmetal 1000 Posts + Join Date: Mar 2012 Posts: 3,923 Blog Entries: 3	Re: Saints restructure Drew Brees deal, push more cap hit to future Originally Posted by Budsdrinker Yes but it allows the ability to sign a player this year that is in need and pay me later part can be absorb in an extension and also as the cap number climbs. This year $143 million next year it's supposed to increase to $160 million. Right, but as I said to you in another reply, there will be rising salaries as well. Mickey has been back-loading contracts for years, and it's precisely why we're in the predicament we're in. It's fine and dandy to bring in a player for now, but who exactly are we going to get at this point and how many times are we going to keep making the same mistakes that put us in a hole? Also, given Drew's injury and age I don't think an extension would be a good idea.

09-30-2015, 01:33 PM	#48
CharityMike Site Donor 2018 Join Date: Oct 2011 Location: Mid City, New Orleans Posts: 3,556	Re: Saints restructure Drew Brees deal, push more cap hit to future Originally Posted by Danno I have no doubt we're making a move for somebody. TE? WR? DE/OLB? Heard on the radio Payton talking about TE. He is not happy with the production so far and said we need some help there. His exact words.

09-30-2015, 01:46 PM	#49
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,666	Re: Saints restructure Drew Brees deal, push more cap hit to future Originally Posted by burningmetal That really is the best thing for the team. I don't expect it to happen, but it would be huge. There are several people who will say he shouldn't have to do that, because it's his money... blah blah. Yes, it's his money. But if he wants to win it's kind of important that he clear some space. We know Mickey won't clear it any other way. I have no doubt Brees will do the Brady-type extension after this season. The future cap will not be an issue. The cap limit is rising a significant amount each year and there is no end to that trend in sight. Pushing cap hit to the future is smart finance. This is nothing but cost accounting 101. And, yes, I do have an accounting degree ... as does Loomis.

09-30-2015, 01:47 PM	#50
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,666	Re: Saints restructure Drew Brees deal, push more cap hit to future Originally Posted by Budsdrinker This is a simple move. The cap is expected to rise by 17 million next year plus Brees will no doubt sign an extension to lower his cap and we need help this year. This is the only way to receive cap help. After 3 weeks this season isn't over. Absolutely.

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