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this is a discussion within the Saints Community Forum; I would expect most would see some type of connection, but look at the numbers. The Brees restructure opened up $2.6M in 2015 cap. The Hicks trade actually netted the Saints another $100K or so. Something else is obviously in ...
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09-30-2015, 09:12 PM | #1 |
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Brees restructure/ Hicks trade?
I would expect most would see some type of connection, but look at the numbers.
The Brees restructure opened up $2.6M in 2015 cap. The Hicks trade actually netted the Saints another $100K or so. Something else is obviously in the works. |
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09-30-2015, 10:13 PM | #2 |
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Re: Brees restructure/ Hicks trade?
Get ready!!! We in for a bumpy ride
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09-30-2015, 11:05 PM | #3 |
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Re: Brees restructure/ Hicks trade?
I hope so
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10-01-2015, 01:45 AM | #5 |
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Re: Brees restructure/ Hicks trade?
All eyes are on the Chicago Fire Sale, maybe?
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10-01-2015, 09:48 AM | #7 |
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Re: Brees restructure/ Hicks trade?
Spending 5.2 gets you 2.6? Is that a WIN - win? Do all of these transactions cost the team $1.00 for every .50 cents they pay?
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10-01-2015, 03:04 PM | #8 |
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Re: Brees restructure/ Hicks trade?
Seems awful quiet don't see anything around the net on any trades. Usually Adam Schefter has the inside information before anyone else.
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10-01-2015, 03:13 PM | #9 |
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Re: Brees restructure/ Hicks trade?
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10-01-2015, 03:22 PM | #10 |
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Re: Brees restructure/ Hicks trade?
Originally Posted by vpheughan
No, Brees was getting the $5.2M this year anyway. The restructure lowered his 2015 base salary by $5.2M which was converted to a signing bonus which was then prorated over the remaining two years of his contract. The net effect is that the 2015 cap hit is lowered by $2.6M and the 2016 cap hit is increased by $2.6M.
Shuffling of numbers is what cost accounting is all about. It doesn't cost the team anything. Brees gets that money immediately instead of spread out over the 17 weeks of this regular season so he can start earning interest on it sooner. So, yes, it is a win/win. |
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LinkBack to this Thread: https://blackandgold.com/saints/74407-brees-restructure-hicks-trade.html
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Posted By | For | Type | Date | Hits |
The Latest New Orleans Saints News | SportSpyder | This thread | Refback | 09-30-2015 10:18 PM | 1 |
Brees restructure/ Hicks trade? | This thread | Refback | 09-30-2015 09:23 PM | 7 |