Terron Armstead Restructures Contract
 

Re: Terron Armstead Restructures Contract
 

I have pointed this out several times before, but here it is one more time.

Armstead DID NOT restructure his contract. He had no say so in it whatsoever. Roster bonuses are able to be converted to signing bonuses SOLELY at the discretion of the team. The player has zero input. It is a mechanism that teams can use to prorate the bonus as opposed to paying it in one lump sum. The result is nil to the player. He still receive the full amount in exactly the same manner.

As I also pointed out several times earlier, the Saints had over $14 million in roster bonuses counting toward the 2017 cap. They still have another $9 million remaining that they can convert as they so wish.

All that said, the only reason to convert is if it is going to be needed. It looks like the Saints have more major moves in mind.

Re: Terron Armstead Restructures Contract
 

Re: Terron Armstead Restructures Contract
 

That was just poor wording on my part... It was 6am lol.

Re: Terron Armstead Restructures Contract
 

See? Even most of these media hacks don't understand the way roster bonuses work. That's why you should never take anything they post at face value without doing a little research first.

Never forget how they ran with the lies from that little weasel, Mike Cerullo, and forever falsely branded the Saints.

I'll never forget this a$$wipe.
http://blacksportsonline.com/home/wp...ke-Cerullo.jpg

Re: Terron Armstead Restructures Contract
 

Noproblem. It gets pounded into peoples heads by the hacks. It just gave me another opportunity to bash them. :D

Re: Terron Armstead Restructures Contract
 

Where did the cap go? Thought we were way more under than that?

Re: Terron Armstead Restructures Contract
 

Johnathan Hankins? I wish
Malcolm Butler and a first? I hope not

lets review.

Larry Warford G 25 DET NO 4/$34,000,000 $3,800,000

Nick Fairley DT 29 NO NO 4/$28,000,000 $3,000,000

A.J. Klein ILB 25 CAR NO 4/$24,000,000 $2,800,000

Ted Ginn Jr. WR 31 CAR NO 3/$11,000,000 $3,000,000

Manti Te'o ILB 26 LAC NO 2 /$5,000,000 $2,050,000

Alex Okafor OLB 26 ARI NO 1/$2,000,000 $2,000,000

Travaris Cadet RB 28 NO NO 1/$855,000 $695,000

Sterling Moore CB 27 NO NO N/A

Ted Ginn Jr. and Manti Te'o or $16 million of contract money or $5 million in cap space I am not excited about. Rather we spent on

Ricky Wagner RT 27 BAL DET 5/$47,500,000 $5,900,000

Micah Hyde SS 26 GB BUF 5/$30,500,000 $4,000,000

Marcus Cooper CB 27 ARI CHI 3/$16,000,000 $5,000,000

Kevin Minter ILB 26 ARI CIN 1/$4,250,000 $4,250,000

Lawrence Guy DE 27 BAL NE 4/$13,400,000 $2,600,000

Datone Jones OLB 26 GB MIN 1/$3,750,000 $3,718,750

Justin Hunter WR 25 BUF PIT 1/$855,000 $695,000

Made out like a bandit
Rex Burkhead RB 26 CIN NE 1/$3,150,000

Re: Terron Armstead Restructures Contract
 

We are actually around $16.7 million under the cap with another $8 million or so available in roster bonus conversion. About $7.5 million of that would be slotted for the draft class at this point. Therefore, in currently unconverted and allocated cap we are setting at around $8.8 million.

It all depends on how you look at it. There is also a great deal more available through true contract restructures/extensions.

Re: Terron Armstead Restructures Contract