Saints restructure contracts of Cam Jordan & Thomas Morsted

Attached Thumbnails · 03-29-2016, 07:13 AM

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.

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CheramieIII · 03-29-2016, 07:32 AM

Originally Posted by B_Dub_Saint

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, 09:39 AM

I didn't think Morstead was anything special last year.

hagan714 · 03-29-2016, 09:39 AM

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, 09:44 AM

Originally Posted by Cruize

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, 09:55 AM

AllSaints · 03-29-2016, 10:10 AM

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, 10:18 AM

Originally Posted by AllSaints

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

.

voodooido · 03-29-2016, 10:34 AM

Originally Posted by B_Dub_Saint

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, 10:37 AM

Originally Posted by CheramieIII

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.

03-29-2016, 07:13 AM	#1
Threaded by B_Dub_Saint 1000 Posts + Join Date: Dec 2007 Location: Lafayette, LA Posts: 2,345 Blog Entries: 1 Rating: (0 votes - average) 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. read more Attached Thumbnails Last edited by SmashMouth; 03-29-2016 at 10:35 AM..
Views: 4599

03-29-2016, 07:32 AM	#2
CheramieIII Fan Since 1967 Join Date: May 2004 Location: Nomad Posts: 7,487 Blog Entries: 3	Re: Saints restructure contracts of Cam Jordan & Thomas Morsted Originally Posted by B_Dub_Saint 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?

03-29-2016, 09:39 AM	#3
Cruize 1000 Posts + Join Date: May 2007 Posts: 4,457	Re: Saints restructure contracts of Cam Jordan & Thomas Morsted I didn't think Morstead was anything special last year.
Cruize 1000 Posts + Join Date: May 2007 Posts: 4,457

03-29-2016, 09:39 AM	#4
hagan714 LB Mentallity Join Date: Dec 2005 Posts: 15,870 Blog Entries: 68	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. jeanpierre likes this.

03-29-2016, 09:44 AM	#5
jonnyrotten 500th Post Join Date: Dec 2004 Location: Nashville Posts: 511	Re: Saints restructure contracts of Cam Jordan & Thomas Morsted Originally Posted by Cruize 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.

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03-29-2016, 09:55 AM	#6
RaginCajun83 Hou Saints Fan Join Date: Sep 2009 Location: Houston, Tx Posts: 5,050	Re: Saints restructure contracts of Cam Jordan & Thomas Morsted

03-29-2016, 10:10 AM	#7
AllSaints Breakin Records Join Date: Jun 2005 Location: Deville, Louisiana Posts: 2,167	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... Sent from my iPhone using Tapatalk

03-29-2016, 10:18 AM	#8
K Major Site Donor 2019 Join Date: Jan 2013 Location: Bedford, TX Posts: 24,622 Blog Entries: 3	Re: Saints restructure contracts of Cam Jordan & Thomas Morsted Originally Posted by AllSaints 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 . jnormand and brees84 like this.

03-29-2016, 10:34 AM	#9
voodooido 1000 Posts + Join Date: Oct 2009 Posts: 2,770	Re: Saints restructure contracts of Cam Jordan & Thomas Morsted Originally Posted by B_Dub_Saint 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 1000 Posts + Join Date: Oct 2009 Posts: 2,770

03-29-2016, 10:37 AM	#10
voodooido 1000 Posts + Join Date: Oct 2009 Posts: 2,770	Re: Saints restructure contracts of Cam Jordan & Thomas Morsted Originally Posted by CheramieIII 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. Rugby Saint II likes this.
voodooido 1000 Posts + Join Date: Oct 2009 Posts: 2,770

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