Explain this to me..Saints and the cap

[Ja Rhule]

[SteveSmithTD89]

It isnt voodoo. It isn't rocket science. 

They have done what they've done for a decade and just restructured contracts to convert base pay to league minimum and spread the signing bonus out over the length of the deal. 

Void years arent anything new. They've been around forever, hell we used them on Matt Kalil and recently on Paradis.

Thats it, there's literally nothing else to it.

[SmokinwithWilly]

Every year this question is asked and every year Loomis works his voodoo and makes it happen. If they have a major setback this year and finish under 500, look for them to use 2022 to dump a ton of their cap problems. 

[TrevorLaurenceTime22]

1 hour ago, SmokinwithWilly said:

Every year this question is asked and every year Loomis works his voodoo and makes it happen. If they have a major setback this year and finish under 500, look for them to use 2022 to dump a ton of their cap problems. 

You just said it.... its every year because they just keep pushing more and more money to future years cap space think of it as buying on credit.... 

[Santee_Panther]

They restructured Hill, which will push about $8mil into future dead money. 
 

They cut about $40mil in salary, including starters (LB Kwon Alexander, WR Sanders,  CB Jenkins, TE Cook, LG Eaton, P Morstead. 
 

They also “officially” still have Brees on the roster. Once he leaves they get hit with an additional $10.4mil hit, so even though they are “only” $11 mil in the hole, they need $5mil+ for cushion throughout the year and another $8mil for rookies. 
 

So they are still about $35mil in the red for ‘21, plus they’ve restructured contracts to push money to future years. And they have no franchise QB.

[GoPanthers123]

Saints lost a lot this offseason and since they refuse to rebuild I can assume perpetual 7-9 seasons, yes the Falcons situation 

[Khyber53]

It takes a lock of the commissioner's hair, a live chicken, two swamp toads, a gris gris bag and the most powerful Voodoun Mamba in the parish each year to keep the Saints cap rolling.

To defeat this, it's going to take an old priest, a young priest...

[Scott12345]

saints are smarter & better than us...have been for yrs

[ForJimmy]

[bababoey]

The way the Saints do it is the way we did it with CMC and Shaq and every other team does it in the NFL.  The take a players current large salary, change it to a signing bonus and then they can spread it out over a 5 year period.  It lessens the cap hit for the current year but increases it for subsequent years.  It a player only has 1 or 2 years left on his current contract it mean they usually add voidable years at the end of the contract.  This ensures that their will always be dead money that hits the cap in the future because when the years void, which they will,  the remaining signing bonus hits the cap as dead money unless they sign a new contract.  

Every team does this, it's just the Saints do it every year and with multiple players a year.  It means they will never walk into a offseason with a lot of cap space and they will always have dead money on there books but they will always have room to add a least some players every year.  This only really hurts if you have multiple bad drafts in a row and don't have cheap rookies you can rely on to at least give you some playing time.

[kungfoodude]

54 minutes ago, ForJimmy said:

Goddammit. Beat me to it.

[Scott12345]

35 minutes ago, bababoey said:

The way the Saints do it is the way we did it with CMC and Shaq and every other team does it in the NFL.  The take a players current large salary, change it to a signing bonus and then they can spread it out over a 5 year period.  It lessens the cap hit for the current year but increases it for subsequent years.  It a player only has 1 or 2 years left on his current contract it mean they usually add voidable years at the end of the contract.  This ensures that their will always be dead money that hits the cap in the future because when the years void, which they will,  the remaining signing bonus hits the cap as dead money unless they sign a new contract.  

Every team does this, it's just the Saints do it every year and with multiple players a year.  It means they will never walk into a offseason with a lot of cap space and they will always have dead money on there books but they will always have room to add a least some players every year.  This only really hurts if you have multiple bad drafts in a row and don't have cheap rookies you can rely on to at least give you some playing time.

so trading 3 #1's & multiple other picks plus young players on rookie deals for a single player is probably not a good idea?

Edited March 17, 2021 by Scott12345

[Shocker]

I find it better to stay out of politics 

[SmokinwithWilly]

5 hours ago, Khyber53 said:

It takes a lock of the commissioner's hair, a live chicken, two swamp toads, a gris gris bag and the most powerful Voodoun Mamba in the parish each year to keep the Saints cap rolling.

To defeat this, it's going to take an old priest, a young priest...