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-   -   NOLA.com Saints restructure contracts of Cam Jordan & Thomas Morsted (https://blackandgold.com/saints/77387-saints-restructure-contracts-cam-jordan-thomas-morsted.html)

B_Dub_Saint 03-29-2016 06:13 AM

Saints restructure contracts of Cam Jordan & Thomas Morsted
 
1 Attachment(s)
This move gives us 3 million in cap space.

Credit to Nick Underhill:

Saints opened up some cap space by reworking the contracts of Thomas Morstead and Cam Jordan.

Morstead, who previously had a base salary of $3 million, is now listed by the NFLPA at $900,000 this season. This suggests he converted $2.1 million of his salary into a signing bonus.

Jordan, who was listed with a base salary of $3.5 million, now has a base salary of $765,00.

The Saints now are listed as having more than $3 million in cap space. They had $273,000 before making these moves.

http://www.boston.com/wp-content/upl.../morestead.jpg

However, it does not appear that figure takes into account the contracts of tight end Josh Hill, which is expected to count as a $1.5 million salary-cap charge, and defensive tackle Nick Fairley.

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CheramieIII 03-29-2016 06:32 AM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
Quote:

Originally Posted by B_Dub_Saint (Post 697663)
This move gives us 3 million in cap space.

However, it does not appear that figure takes into account the contracts of tight end Josh Hill, which is expected to count as a $1.5 million salary-cap charge, and defensive tackle Nick Fairley.

This was done exactly for that purpose. Like I've said before I think the Saints have re-negotiated Drew and others and just aren't saying anything. We'll find out Drew restructured after the draft because I think we're going to make a second first round pick. What team would be willing to trade their first for our 2nd and first next year?

Cruize 03-29-2016 08:39 AM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
I didn't think Morstead was anything special last year.

hagan714 03-29-2016 08:39 AM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
Cam is a bit of a surprise but Thomas was expected IMO.

This does not mean the saints should not entertain the idea of another punter. there are a couple that will be UDFA that are well worth a look see.

jonnyrotten 03-29-2016 08:44 AM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
Quote:

Originally Posted by Cruize (Post 697667)
I didn't think Morstead was anything special last year.

Morstead had some uncharacteristic shanks last year for sure, but I think he was injured also.

RaginCajun83 03-29-2016 08:55 AM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
http://blackandgold.com/attachment.p...1&d=1459259715

AllSaints 03-29-2016 09:10 AM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
Yeah I wasn't impressed with Morstead a lot of bad punts from him last year... But he was injured...


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K Major 03-29-2016 09:18 AM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
Quote:

Originally Posted by AllSaints (Post 697674)
Yeah I wasn't impressed with Morstead a lot of bad punts from him last year... But he was injured...

All I know is when Morstead went out due to injury, it got even uglier :dead:.

voodooido 03-29-2016 09:34 AM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
Quote:

Originally Posted by B_Dub_Saint (Post 697663)
This move gives us 3 million in cap space.

Credit to Nick Underhill:

Saints opened up some cap space by reworking the contracts of Thomas Morstead and Cam Jordan.

Morstead, who previously had a base salary of $3 million, is now listed by the NFLPA at $900,000 this season. This suggests he converted $2.1 million of his salary into a signing bonus.

Jordan, who was listed with a base salary of $3.5 million, now has a base salary of $765,00.

The Saints now are listed as having more than $3 million in cap space. They had $273,000 before making these moves.

However, it does not appear that figure takes into account the contracts of tight end Josh Hill, which is expected to count as a $1.5 million salary-cap charge, and defensive tackle Nick Fairley.

Not quite sure where he got his info on Morsted but everything I read had him at 4.45 mil against the cap.

voodooido 03-29-2016 09:37 AM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
Quote:

Originally Posted by CheramieIII (Post 697664)
This was done exactly for that purpose. Like I've said before I think the Saints have re-negotiated Drew and others and just aren't saying anything. We'll find out Drew restructured after the draft because I think we're going to make a second first round pick. What team would be willing to trade their first for our 2nd and first next year?

Why the heck would we want to trade back in the 1st? We need a ton of young guys over the next couple of years and losing a pick should not be in the plan.

WhoDat!656 03-29-2016 04:57 PM

Saints restructure contracts of Cam Jordan & Thomas Morsted
 
Championship!


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ScottF 03-29-2016 05:08 PM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
Quote:

Originally Posted by hagan714 (Post 697668)
Cam is a bit of a surprise but Thomas was expected IMO.

This does not mean the saints should not entertain the idea of another punter. there are a couple that will be UDFA that are well worth a look see.

4 million dead this year, and 1.8 next year...I don't think he is going anywhere

jeanpierre 03-29-2016 07:14 PM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
Quote:

Originally Posted by voodooido (Post 697678)
Not quite sure where he got his info on Morsted but everything I read had him at 4.45 mil against the cap.

Signing bonus and base salary was 4.45 mil; essentially we guaranteed money for Morestead and it allowed us to kick the can (yet again) up the road on salary cap...

Saints must not be comfortable with what is on the market or draft so they at least have A punter; and guaranteed money buys option of wait and see...

But I knew there was no way we were taking that big a cap hit on Morestead as tight as things were and moves still needing to be made...

Still got to make room for RFA (G Lelito and TE Hill) as well as our first round pick(s) as remaining picks won't be among the top 51 salaries against the cap...

ChrisXVI 03-30-2016 07:10 AM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
Mark Ingram as well...



Looks like we're all set now with enough space to sign our draft class.

Rugby Saint II 03-30-2016 01:41 PM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
If we didn't make another move I'd consider this a successful offseason. Most of our acquisitions were second level FA's but they should all have important roles this coming season. We brought in solid talent to help lead this team that is getting younger and less experienced.

The Dude 03-30-2016 05:36 PM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
Quote:

Originally Posted by Cruize (Post 697667)
I didn't think Morstead was anything special last year.

he was hurt

Danno 03-30-2016 05:55 PM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
Quote:

Originally Posted by Cruize (Post 697667)
I didn't think Morstead was anything special last year.


He's a punter.

RaginCajun83 03-30-2016 05:59 PM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
http://0.media.bustedtees.cvcdn.com/...9-7133e32d.gif

Danno 03-30-2016 06:19 PM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
Quote:

Originally Posted by RaginCajun83 (Post 697851)

Yes, punters are people, but so are the guys that clean up elephant poop at the circus.

Danno 03-30-2016 06:31 PM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
AND ITS FREAKING MORSTEAD.

It not Moorestead, or Morestead, or Morsted, or Moorsted,or Moorstead...

ITS FREAKING MORSTEAD.

AllSaints 03-30-2016 06:43 PM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
The Leg


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jnormand 03-30-2016 09:36 PM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
Quote:

Originally Posted by Danno (Post 697855)
AND ITS FREAKING MORSTEAD.

It not Moorestead, or Morestead, or Morsted, or Moorsted,or Moorstead...

ITS FREAKING MORSTEAD.

Wow...I didn't know you were a fan of his Danno!

jonnyrotten 03-31-2016 11:41 AM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
I really like moorested. He is a good Punter.

Just kidding Danno.

QBREES9 04-02-2016 11:37 PM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
Welcome back.

vpheughan 04-03-2016 08:47 AM

Re: Saints restructure contracts of Cam Jordan & Thomas Morsted
 
You know, like that singer, Atlantis Morstead!


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