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Barry Hirstius: Should Saints Break the Bank to Pay Teddy B?

this is a discussion within the Saints Community Forum; I really don't think signing our players will be quite as difficult as some feel. The available cap is about to go through the roof with the gambling industry becoming involved and the global growth of the game. These new ...

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Old 10-31-2019, 02:51 PM   #1
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Re: Barry Hirstius: Should Saints Break the Bank to Pay Teddy B?

I really don't think signing our players will be quite as difficult as some feel. The available cap is about to go through the roof with the gambling industry becoming involved and the global growth of the game. These new sources of revenue are yet to be fully recognized in the finances of the league. In addition, the new CBA will most likely include an increase in the players portion of the shared revenues. The players are currently mandated to receive 48.5% of those dollars. That could go up to as high as 50% as a counter to a 17th regular season game which is wanted by the owners. Coincidentally, the extra game will also increase revenues, thus increasing the available cap even more.

The 2019 cap is $188.2 million. It should easily top $200 million in 2020 and should be close to $250 million by 2023 ... if not higher!

That all said, I really do not see re-signing Teddy, as I expect Brees to be the Saints starter for at least three more years.
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“The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty.” — Winston Churchill
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Old 10-31-2019, 10:19 PM   #2
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Re: Barry Hirstius: Should Saints Break the Bank to Pay Teddy B?

Originally Posted by AsylumGuido View Post
I really don't think signing our players will be quite as difficult as some feel. The available cap is about to go through the roof with the gambling industry becoming involved and the global growth of the game. These new sources of revenue are yet to be fully recognized in the finances of the league. In addition, the new CBA will most likely include an increase in the players portion of the shared revenues. The players are currently mandated to receive 48.5% of those dollars. That could go up to as high as 50% as a counter to a 17th regular season game which is wanted by the owners. Coincidentally, the extra game will also increase revenues, thus increasing the available cap even more.

The 2019 cap is $188.2 million. It should easily top $200 million in 2020 and should be close to $250 million by 2023 ... if not higher!

That all said, I really do not see re-signing Teddy, as I expect Brees to be the Saints starter for at least three more years.
Saints currently have nearly $20mil in dead cap from Brees, Bridgewater & Klein, and they're not signed for 2020...

Unless we're counting on Easton at LG, who's been inactive for several games this season, we have no LG under contract either...

Vonn Bell, Eli Apple, David Onyemata are not under contract for 2020 - tough to consider with only just under $26mil of cap space to get all that done...
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Old 11-01-2019, 06:40 AM   #3
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Re: Barry Hirstius: Should Saints Break the Bank to Pay Teddy B?

Originally Posted by jeanpierre View Post
Saints currently have nearly $20mil in dead cap from Brees, Bridgewater & Klein, and they're not signed for 2020...

Unless we're counting on Easton at LG, who's been inactive for several games this season, we have no LG under contract either...

Vonn Bell, Eli Apple, David Onyemata are not under contract for 2020 - tough to consider with only just under $26mil of cap space to get all that done...
Teddy's is the only dead cap we HAVE to take on and it's only $4M. Brees and Klein ($1M dead cap and if we decide to keep him) can both be restructured as part of an extension. All of the others can be signed to deals with low base first year or two with signing bonuses and roster bonuses (something Loomis loves using) in place which pushes the burden out to when the cap limit skyrockets post 2020 CBA renewal.

As for replacing Peat, who's to say we don't find another McCoy type success to plug in at LG?

It is nowhere near as bleak as a quick glance at raw numbers may appear. Loomis has been one of the few visionaries that has always factored in future cap growth into his deals.

“The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty.” — Winston Churchill
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Old 11-01-2019, 08:17 AM   #4
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Re: Barry Hirstius: Should Saints Break the Bank to Pay Teddy B?

Originally Posted by AsylumGuido View Post
Teddy's is the only dead cap we HAVE to take on and it's only $4M. Brees and Klein ($1M dead cap and if we decide to keep him) can both be restructured as part of an extension. All of the others can be signed to deals with low base first year or two with signing bonuses and roster bonuses (something Loomis loves using) in place which pushes the burden out to when the cap limit skyrockets post 2020 CBA renewal.

As for replacing Peat, who's to say we don't find another McCoy type success to plug in at LG?

It is nowhere near as bleak as a quick glance at raw numbers may appear. Loomis has been one of the few visionaries that has always factored in future cap growth into his deals.
Source: https://overthecap.com/salary-cap/new-orleans-saints/ (Click the 2020 tab)

Sure it can all be restructured and the debt moved forward on future teams, but the numbers cited are legit...

And to be fair, never said it was bleak, just presented the check book and balance sheet as it currently stands...

From those numbers, folks are informed of the team's room to work within in deciding who stays and who goes...

Or rather who is most affordable, effective for the buck - but we will see good players leave and possibly compensatory picks...
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Old 10-31-2019, 09:45 PM   #5
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Re: Barry Hirstius: Should Saints Break the Bank to Pay Teddy B?

No. I think Payton kept him on a tight leash and played him safe and he did a great job with that. I’m just not convinced he can deliver if he had an open play book and the game was squarely on his shoulders. No matter how good a team as a whole is eventually a game will come down to the QB getting them out of a tough spot. I just haven’t seen that intensity from him yet.
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Old 11-01-2019, 02:13 PM   #6
 
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Re: Barry Hirstius: Should Saints Break the Bank to Pay Teddy B?

I think everyone is overlooking that this is also Taysom's last year on his current contract. He'll want to get paid too.
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Old 11-01-2019, 02:36 PM   #7
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Re: Barry Hirstius: Should Saints Break the Bank to Pay Teddy B?

Originally Posted by SmashMouth View Post
I think everyone is overlooking that this is also Taysom's last year on his current contract. He'll want to get paid too.
He has done nothing to warrant any more than backup QB money and he loses his true value if is in fact a backup QB.
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Old 11-01-2019, 06:51 PM   #8
 
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Re: Barry Hirstius: Should Saints Break the Bank to Pay Teddy B?

Originally Posted by AsylumGuido View Post
He has done nothing to warrant any more than backup QB money and he loses his true value if is in fact a backup QB.
Respectfully disagree... If SP had let him, instead of Check Down Teddy, play, You'd be singing a very different tune. He did break Steve Young's records at BYU.
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Old 11-01-2019, 09:13 PM   #9
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Re: Barry Hirstius: Should Saints Break the Bank to Pay Teddy B?

Originally Posted by SmashMouth View Post
Respectfully disagree... If SP had let him, instead of Check Down Teddy, play, You'd be singing a very different tune. He did break Steve Young's records at BYU.
Teddy plays smart. I think that's what Sean likes about him. Hill, well, we don't know. But I have an idea that Hill plays more from the hip, so to speak. I'd LOVE to see him get a shot, but I think Sean felt like Teddy is the "smarter" QB at this point.
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Old 11-01-2019, 10:31 PM   #10
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Re: Barry Hirstius: Should Saints Break the Bank to Pay Teddy B?

Originally Posted by saintfan View Post
Teddy plays smart. I think that's what Sean likes about him. Hill, well, we don't know. But I have an idea that Hill plays more from the hip, so to speak. I'd LOVE to see him get a shot, but I think Sean felt like Teddy is the "smarter" QB at this point.
I think that’s the main reason they went with TB from the get go. Taysom at this stage would be a high risk high reward type guy. I could see him making a lot of huge plays but I could also see a lot of turnovers. Teddy was safe.
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