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Saints restructure contract of RB Mark Ingram

this is a discussion within the Saints Community Forum; Originally Posted by SmashMouth The New Orleans Saints have restructured the contract of running back Mark Ingram, making him the third player this week to have his salary adjusted to free up salary cap space. Ingram was slated to make ...

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Old 03-30-2016, 08:19 AM   #1
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Re: Saints restructure contract of RB Mark Ingram

Originally Posted by SmashMouth View Post
The New Orleans Saints have restructured the contract of running back Mark Ingram, making him the third player this week to have his salary adjusted to free up salary cap space.

Ingram was slated to make $3 million in base salary in 2016; now he'll make $765,000, with the remaining $2.235 million converted to signing bonus.

Ingram's salary cap number will drop from $4 million to $2.51 million, saving the Saints $1.41 million in 2016.



Ingram's salary cap number would grow by $745,000 in 2017 and 2018. His cap number will now be $5.245 million in 2017 and $6.245 in 2018.

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This is what scares me about all these restructures. Their cap numbers will grow for the remaining years, and that also means the potential dead money if cut early grows too. Of course I can't see the overall picture at once like Loomis can so I am doing my best to trust that this won't end in another cap mess down the road.
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Old 03-30-2016, 04:28 PM   #2
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Re: Saints restructure contract of RB Mark Ingram

Originally Posted by jonnyrotten View Post
This is what scares me about all these restructures. Their cap numbers will grow for the remaining years, and that also means the potential dead money if cut early grows too. Of course I can't see the overall picture at once like Loomis can so I am doing my best to trust that this won't end in another cap mess down the road.
The cap is projected to continue rising at a frenetic pace over the near future. Loomis is brilliant. Push costs to future periods where those cost are reflected in as a much smaller percentage of an increasing revenue source. I would be curious as to how many other GM's are degree holding accountants as is Loomis?
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Old 03-30-2016, 05:25 PM   #3
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Re: Saints restructure contract of RB Mark Ingram

Originally Posted by AsylumGuido View Post
The cap is projected to continue rising at a frenetic pace over the near future. Loomis is brilliant. Push costs to future periods where those cost are reflected in as a much smaller percentage of an increasing revenue source. I would be curious as to how many other GM's are degree holding accountants as is Loomis?
And I'm sure he's been given the order to "win while we have Brees".

I have no problem with him bumping the cap and kicking costs down the road evry year while we have Brees.

Our Brees window has about 2 or 3 more years. Make it happen NOW!!! Its why we've probably over-spent on several players.

Once Brees retire we'll have a pant load of cap room.
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Old 03-31-2016, 12:13 PM   #4
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Re: Saints restructure contract of RB Mark Ingram

I am liking Mark Ingram more every day, now.

Here's to Ingram blowing it up in '16!
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