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Re: 2018 NFL Draft Prospects - Saints

Quote:

Originally Posted by K Major (Post 773876)

Or designate him as a post June 1st cut & save 6.5M.

Absolutely no reason to retain his services next year at that price.

Agreed. And there will be plenty of options in both Free Agency and a good TE draft class...

Re: 2018 NFL Draft Prospects - Saints

Tell you one thing, there's one LSU player that I want to draft, but we'll have to wait till 2018 or 2019 and that's RLB Devin White...

Re: 2018 NFL Draft Prospects - Saints

Quote:

Originally Posted by K Major (Post 773876)

Or designate him as a post June 1st cut & save 6.5M.

Absolutely no reason to retain his services next year at that price.

As best as I understand the opt out vs cuts rules I think it works out like this

Opt out dead money goes to $0 for the remaining 2 years of the contract?

Opt out & save
Savings $3.2M in 2018
Saving $4.8M from 2019 and 2020, available in 2019
For a net cap savings by 2019 of $8.0M

Vs

Post June 1st cut carries the remaining dead cap for the length of the contract?

Post June 1st cut & save
Savings $6.5M in 2018
Carrying the dead money .from 2019 and 2020 at $4.8M
For a net cap savings by 2020 of $1.7M

So by going for Post June 1st in 2018
That $3.3M gain in 2018 would actually drop to $1.7M by 2020

By going the Opt out route
Cap gain will be $8.0M by 2019

Thats a cost to us of $6.3M in lost cap space by 2020 for cap space now
Put off the $3.3M gain in 2018 and take the $8.0M in 2019 is the way I see it

If we are talking a sure fire super bowl run I could see the logic in the Post June 1st cut option. Which I do not see as a logical risk to take next year, It is not working out so well for the pats and they were suppose to be a sure thing this year. Well almost as sure fire as anything can get.

Please!!!! :) correct me if I am wrong

I would love to get a grip on all these changes to the player contracts rules:confused:

Re: 2018 NFL Draft Prospects - Saints

I thought a June 1st cut spread the cost over 2 years?

Re: 2018 NFL Draft Prospects - Saints

Quote:

Originally Posted by lee909 (Post 774113)

I thought a June 1st cut spread the cost over 2 years?

But the dead cap number remain the same correct?

Re: 2018 NFL Draft Prospects - Saints

Quote:

Originally Posted by lee909 (Post 774113)

I thought a June 1st cut spread the cost over 2 years?

Often the case, but it depends on the terms of the contract and when it was signed...

Re: 2018 NFL Draft Prospects - Saints

Quote:

Originally Posted by jeanpierre (Post 774121)

Often the case, but it depends on the terms of the contract and when it was signed...

But when you opt out the remaining dead cap money comes off the books. right?:hallucinate:

Re: 2018 NFL Draft Prospects - Saints

Quote:

Originally Posted by hagan714 (Post 774138)

But when you opt out the remaining dead cap money comes off the books. right?:hallucinate:

Well, how much of the contract was signing bonus? roster bonus? workout bonus? game base pay/that year's base pay?

Having the contract structured in that way gives team greater flexibility in getting contracts under the salary cap...

For example, if we moved Armstead, short of him doing a sign and trade, that first season we still take the hit his base of the calender year he's moved, then signing bonus could be accelerated into that year...

That's why trades are so difficult outside of the NFL Draft...