Saints restructure contract of RB Mark Ingram

jonnyrotten · 03-30-2016, 08:19 AM

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 $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.

read more

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.

AsylumGuido · 03-30-2016, 04:28 PM

Originally Posted by jonnyrotten

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?

Danno · 03-30-2016, 05:25 PM

Originally Posted by AsylumGuido

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.

skymike · 03-31-2016, 12:13 PM

I am liking Mark Ingram more every day, now.

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

03-30-2016, 08:19 AM	#1
jonnyrotten 500th Post Join Date: Dec 2004 Location: Nashville Posts: 512	Re: Saints restructure contract of RB Mark Ingram 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 $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. read more 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.

03-30-2016, 04:28 PM	#2
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,853	Re: Saints restructure contract of RB Mark Ingram Originally Posted by jonnyrotten 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? Danno likes this.

03-30-2016, 05:25 PM	#3
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,758	Re: Saints restructure contract of RB Mark Ingram Originally Posted by AsylumGuido 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. jnormand likes this.

03-31-2016, 12:13 PM	#4
skymike E. Side Cholo Join Date: Sep 2008 Location: The Barrio, H-town Posts: 6,089	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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