Saints lose $4.5M in 2017 salary cap space after paying back NFL loan

SmashMouth · 03-29-2017, 07:19 AM

Originally Posted by voodooido

Well, with only 8 million left I just cant see Butler comig here. unless the contract is back loaded it would cost us 8 million just for him. I know we will be freeing up 7 June 1st but we need 8 million just to sign our draaft picks.

You mean our salary cap is tighter than expected?

NeauxFW...

AsylumGuido · 03-29-2017, 08:35 AM

Originally Posted by voodooido

Well, with only 8 million left I just cant see Butler comig here. unless the contract is back loaded it would cost us 8 million just for him. I know we will be freeing up 7 June 1st but we need 8 million just to sign our draaft picks.

Originally Posted by SmashMouth

You mean our salary cap is tighter than expected?

NeauxFW...

As of today, we have $16.1 million in 2017 cap space remaining. $7.8 million of that would be allocated for the draft (subject to change). We also have around $8 million in unconverted roster bonuses and the additional $7.9 million that drops off the the 2017 cap on the Byrd post June 1st release. That gives the Saints at least $24 million in totally non-allocated cap space for more off-season moves.

03-29-2017, 07:19 AM	#1
SmashMouth I donated, did you? Join Date: Sep 2007 Location: Mandeville, LA Posts: 38,554 Blog Entries: 29	Re: Saints lose $4.5M in 2017 salary cap space after paying back NFL loan Originally Posted by voodooido Well, with only 8 million left I just cant see Butler comig here. unless the contract is back loaded it would cost us 8 million just for him. I know we will be freeing up 7 June 1st but we need 8 million just to sign our draaft picks. You mean our salary cap is tighter than expected? NeauxFW...

03-29-2017, 08:35 AM	#2
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,574	Re: Saints lose $4.5M in 2017 salary cap space after paying back NFL loan Originally Posted by voodooido Well, with only 8 million left I just cant see Butler comig here. unless the contract is back loaded it would cost us 8 million just for him. I know we will be freeing up 7 June 1st but we need 8 million just to sign our draaft picks. Originally Posted by SmashMouth You mean our salary cap is tighter than expected? NeauxFW... As of today, we have $16.1 million in 2017 cap space remaining. $7.8 million of that would be allocated for the draft (subject to change). We also have around $8 million in unconverted roster bonuses and the additional $7.9 million that drops off the the 2017 cap on the Byrd post June 1st release. That gives the Saints at least $24 million in totally non-allocated cap space for more off-season moves.

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