Holder: Vilma and Smith will cost Saints $7 mil this year whether on team or not (1 Viewer)

BlackNGoldblood

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Sorry if this is not new news. News to me.


<blockquote class="twitter-tweet"><p>For those who think Smith and Vilma should go, would you want to pay them a combined $7 million in 2013 for nothing? <a href="https://twitter.com/search/%23Saints">#Saints</a></p>&mdash; Larry Holder (@LarryHolder) <a href="https://twitter.com/LarryHolder/status/311484492823015424">March 12, 2013</a></blockquote>
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<blockquote class="twitter-tweet"><p>Let me clarify. It would be $7 million combined in cap costs whether you kept Vilma and Smith or cut them. <a href="https://twitter.com/search/%23Saints">#Saints</a></p>&mdash; Larry Holder (@LarryHolder) <a href="https://twitter.com/LarryHolder/status/311487149033811969">March 12, 2013</a></blockquote>
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JimmyB1775

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I saw it. Didn't make sense to me. From what I gather, it will cost us something stupid like $18m to keep them and the salary cap fines. I think he means it will cost us $7m at least no matter which we do. But certainly not limited.
 

Saints addic

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Not accurate. It's 7 million if cut, over 20 million if kept.

He's referring to the pay cuts they Saints have proposed....or they get released. I think they were each asked to be reduced to 2.5M each which would equal 7M.
 

daybreaker

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Theyll cost us $7mil no matter what. Theyll just cost us *even more* if we keep them.
 

Saint Snide

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I take it as what they are offered as pay cut. they may be offered same or lil more than what it would cost to cut them. So $7mil to cut or agree to stay at $7-8 mil. Id take that.
 

madsaint1967

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Holder is wrong as usual, if they are designated June 1 cuts it will be about $4 mil this year. I can handle that. Next year they will count another $4 mil, but oh well!!
 

Bala Lowkz

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Only threads about vilma and smith should be if they are restructuring or getting cut.
 

madsaint1967

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I take it as what they are offered as pay cut. they may be offered same or lil more than what it would cost to cut them. So $7mil to cut or agree to stay at $7-8 mil. Id take that.


They could only stay at $7-8 mil if they took no salary this year, can't do it they have to at least make league minimum as per CBA. Not gonna happen. We could save alot even if they stay, but we need more cap room.
 

Mardiboys

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That $7M is already spent and already exceeds their combined value (IMO). Therefore, no sense throwing more good money away on these guys.
 

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