AsylumGuido

We started out with $31.3M free cap. Brees was already counting $6 toward that figure. The new deal adds an additional $18M leaving $13.3M. There is also around $9M in roster bonuses that can be automatically converted to signing bonuses thus free up another $6M to $7M. Therefore, before doing any creative accounting, such as restructuring deals, we're looking at around $20M to work with. Converting roster bonuses do not required approval of the player as it looks the same to them. The only difference is that the amount is amortized for cap reasons over the remainder of their contract. The player gets the whole amount regardless.

“The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty.” — Winston Churchill