Saints have $1.298M million in cap space (updated)

[Gipetto]

looks like they gotta restart their madden franchise with salary cap off

[The NFL Shield At Midfield]

they'll just convert some salaries to signing bonuses and kick the can down the road again aka the marty hurney special

the saints don't care.  that team is going to be a dumpster fire and will be unloading contracts like nobody's business once brees retires.  they might legitimately be 2010 panthers bad.

[Mr. Scot]

Yes, but even though they've sucked for several years already and will probably suck for several more, they won a Super Bowl way back when.

Why can't we be more like them?

(living off past glory while being awful for the foreseeable future is so much better than patiently building a perennial contender)

[ItsNotGonnaBeAlright]

Its hard to kick the can further down the road when you run out of road.

[KSpan]

3 hours ago, Mother Grabber said:

they must already have some restructuring plans going on. Loomis can't really be this stupid.

Never underestimate the Saints.

[Mother Grabber]

30 minutes ago, KSpan said:

Never underestimate the Saints.

we can only hope

[O-Ther]

It's not a hard cap yet until the season starts. Only the top 51 contracts count right now. Even so, they are reallllllyyyy squeezed for space. They will need to cut or re-structure some contracts to sign their draft picks.

There's not many players they can cut to save money. Most of their players would cost more in dead money than keeping them on the roster. Those same players were asked to re-structure their deals last year, so it's hard to ask them to re-structure again this year. It would have made the most sense to extend Brees' contract. He's the best QB they are likely to have in the next decade, so keep him, pay him, and get some cap space this year. But that wasn't done. Brees will hit free agency next year, and teams like Cleveland, L.A., San Francisco, and Denver will be throwing bags of money at him. I'm going to enjoy the dumpster fire

[Sasquatch]

5 minutes ago, O-Ther said:

 They will need to cut or re-structure some contracts to sign their draft picks.

 

i you'll find the currently reported cap space accounts for the teams' rookie pool.

[The Lobo]

But yet they keep signing guys. I love it. At my job there are a bunch of contractors from Louisiana right now, everyday I talk trash and mention this. Good fun.

[O-Ther]

19 minutes ago, Sasquatch said:

i you'll find the currently reported cap space accounts for the teams' rookie pool.

No it does not. That is their Top 51 number only. Their Top 51 + rookie pool is at -4,146,681

http://www.spotrac.com/nfl/new-orleans-saints/cap/

I'm citing this source for my info. It's in the far right column showing all the permutations of the cap the Saints are fighting right now. The 1,205,509 cap space you say accounts for the rookie pool actually is only counting the Top 51, as I said.

[O-Ther]

11 minutes ago, The Lobo said:

But yet they keep signing guys. I love it. At my job there are a bunch of contractors from Louisiana right now, everyday I talk trash and mention this. Good fun.

They've signed 3 guys. That's it. 2 Linebackers in Nate Stupar, who was a special teamer in Atlanta, and James Laurinaitis, an older player whose production has tailed off while his injuries have skyrocketed. Not a couple of world-beaters there.

The 3rd is Coby Fleener (54-491-3 TDs), who they spent most of their cap space for, since they were only one player away from contending for the Super Bowl. Their best TE from last year, Ben Watson (74-825-6 TDs), had better stats, but they let him leave to sign with Baltimore. Certainly seems a smart move, paying more for less production.

[Snake]

Push it back Saints, push it back. Back load everything and extend Brees for another 5 years. 

[iamhubby1]

On ‎3‎/‎16‎/‎2016 at 11:10 PM, jdpanther5 said:

Projected draft pick amounts

1st - $2,142,939

2nd - $883,450

3rd - $624,343

4th - $580,289

5th - $505,203

7th - $467,014

The total amount they'll pay their rookies (assuming they stay at those draft positions) is $5,203,238, however not all of that affects the cap. Only the top 51 salaries count, and right now their 51st contract is Davis Tull at $505,433, so that eliminates their last two picks and any UDFAs from their total. 

The remaining top 4 picks still total $4,231,021, however they will also bump 4 contracts out of the top 51. That's the aforementioned Tull contract and 3 contracts of $525,000. By subtracting the removed salaries from the added rookie salaries, the net impact is actually $2,150,588.

 

First off. Great info. Thank you.

 

Second. You math geeks kill me. My nephew is a High School math teacher. And he kills me too.

 

4 hours ago, Mr. Scot said:

Yes, but even though they've sucked for several years already and will probably suck for several more, they won a Super Bowl way back when.

Why can't we be more like them?

(living off past glory while being awful for the foreseeable future is so much better than patiently building a perennial contender)

 

Ouch.

 

To be fair. When you are a perennial loser. The off-season is where the enthusiasm comes. At least the team is trying to improve. Your heart will fool your head into believing things are looking good. That washed up FA will come in and have a great year. Things have to get better? Right?

 

It is great for the Panthers to finally have a football guy in charge. And a top shelf talent evaluator to boot. The hardest part for panther fans for the foreseeable future. Is not becoming ass-hats, by gloating over our success.

[The Huddler]

Thank you Gettleman.. 

 

THANK YOU

 

 

hes taught me what real cap managment looks like. Now incompetant cap managment from other teams sticks out like a sore thumb