Saints Release WR Cameron Meredith

Cruize · 07-29-2019, 04:23 PM

Trade Thomas. Frame it as it is. They tried to make him the highest paid WR in the league and he refused. They can't completely blow up their cap for one guy. Kamara, Lattimore, Ramczyk, Peat and Apple are all soon to be looking for new deals. Thomas deserves to get paid. But, without Brees he's just very good. Of course. it won't happen. They won't mess with team chemistry and do something that might hinder this season in the ever so quickly devolving window that is Bree's career. I get it. I understand it. But, in three years this team is not going to be fun to watch.

SaintFanInATLHELL · 07-29-2019, 09:54 PM

Originally Posted by Cruize

Trade Thomas. Frame it as it is. They tried to make him the highest paid WR in the league and he refused. They can't completely blow up their cap for one guy. Kamara, Lattimore, Ramczyk, Peat and Apple are all soon to be looking for new deals. Thomas deserves to get paid. But, without Brees he's just very good. Of course. it won't happen. They won't mess with team chemistry and do something that might hinder this season in the ever so quickly devolving window that is Bree's career. I get it. I understand it. But, in three years this team is not going to be fun to watch.

This is one of the reasons why players hold out. What exactly does "blow up their cap" mean? What percentage of the cap for each year of the contract constitutes "blown up".

The only blowing up of the cap in the NFL has been the cap value itself. $120 million in 2011. $188 million now. Growing by more than $10 million a year for the last 4 years.

We should all know by now that NFL contracts are not worth the paper they are written on. The Saints could deliver CGM a 6 year $126 million with $66 million guaranteed and all of the following would not be true: not 6 years, not $126 million, not $21 million a year, and not blow up the cap. In fact the only real number that's there is the $66 million. With NFL contracts the only numbers to pay attention to are the guaranteed money. The rest is monopoly money that will either get restructured, or extended, or completely cut depending on the performance of the player after the guaranteed dollars are delivered. As I pointed out in my other post, that $21 million eventual cap hit is actually less percentagewise than cap hits for WR in the past. Larry Fitzgeralds 2011 cap hit of $16.8 million was 13% of the 2011 salary cap. By the time CGM gets anywhere near a $20 million cap hit, the cap will be above $200 million, meaning that the hit would be less than 10% of the cap.

Every NFL contract for virtually every elite player in every position will be the highest of all time for the 5 minutes it's the latest contract. It's just not worth getting hung up on that phrase. Just take a look at the extension signed by Kevin Byard of the Titans this week: 5 years, $70.5 million, $33 guaranteed, $14.1 million average. It tops out the contract for Landon Collins and the next safety will get even more. BTW note the relevant number is missing, $33 million guaranteed. Byard can be cut 3 years into the extension and never see the back end money.

And of course, it didn't blow up the Titans' cap.

SFIAH

07-29-2019, 04:23 PM	#1
Cruize 1000 Posts + Join Date: May 2007 Posts: 4,459	Re: Saints Release WR Cameron Meredith Trade Thomas. Frame it as it is. They tried to make him the highest paid WR in the league and he refused. They can't completely blow up their cap for one guy. Kamara, Lattimore, Ramczyk, Peat and Apple are all soon to be looking for new deals. Thomas deserves to get paid. But, without Brees he's just very good. Of course. it won't happen. They won't mess with team chemistry and do something that might hinder this season in the ever so quickly devolving window that is Bree's career. I get it. I understand it. But, in three years this team is not going to be fun to watch.
Cruize 1000 Posts + Join Date: May 2007 Posts: 4,459

07-29-2019, 09:54 PM	#2
SaintFanInATLHELL The Professor Join Date: Oct 2003 Location: Lithonia, GA Posts: 2,783	Re: Saints Release WR Cameron Meredith Originally Posted by Cruize Trade Thomas. Frame it as it is. They tried to make him the highest paid WR in the league and he refused. They can't completely blow up their cap for one guy. Kamara, Lattimore, Ramczyk, Peat and Apple are all soon to be looking for new deals. Thomas deserves to get paid. But, without Brees he's just very good. Of course. it won't happen. They won't mess with team chemistry and do something that might hinder this season in the ever so quickly devolving window that is Bree's career. I get it. I understand it. But, in three years this team is not going to be fun to watch. This is one of the reasons why players hold out. What exactly does "blow up their cap" mean? What percentage of the cap for each year of the contract constitutes "blown up". The only blowing up of the cap in the NFL has been the cap value itself. $120 million in 2011. $188 million now. Growing by more than $10 million a year for the last 4 years. We should all know by now that NFL contracts are not worth the paper they are written on. The Saints could deliver CGM a 6 year $126 million with $66 million guaranteed and all of the following would not be true: not 6 years, not $126 million, not $21 million a year, and not blow up the cap. In fact the only real number that's there is the $66 million. With NFL contracts the only numbers to pay attention to are the guaranteed money. The rest is monopoly money that will either get restructured, or extended, or completely cut depending on the performance of the player after the guaranteed dollars are delivered. As I pointed out in my other post, that $21 million eventual cap hit is actually less percentagewise than cap hits for WR in the past. Larry Fitzgeralds 2011 cap hit of $16.8 million was 13% of the 2011 salary cap. By the time CGM gets anywhere near a $20 million cap hit, the cap will be above $200 million, meaning that the hit would be less than 10% of the cap. Every NFL contract for virtually every elite player in every position will be the highest of all time for the 5 minutes it's the latest contract. It's just not worth getting hung up on that phrase. Just take a look at the extension signed by Kevin Byard of the Titans this week: 5 years, $70.5 million, $33 guaranteed, $14.1 million average. It tops out the contract for Landon Collins and the next safety will get even more. BTW note the relevant number is missing, $33 million guaranteed. Byard can be cut 3 years into the extension and never see the back end money. And of course, it didn't blow up the Titans' cap. SFIAH neugey, Crusader, foreverfan and 1 others like this.
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