Is this Marcus Maye final year ? (2 Viewers)

[ELLIASJWILLIAMS]

This guy is stealing money. He is always hurt. Is this the final year on his deal ? I’m thinking they may go with Howden moving forward.

Nope

 

[RJS]

Good to know!

They are very certainly planning on letting him go when the season ends and looked into trading him before the season started. A very bad whiff of a signing in trying to replace Marcus Williams rather than just keeping him for $1M more.

I don't believe it was a $1m difference:

Marcus Maye signed a 3 year, $22,500,000 contract with the New Orleans Saints, including a $6,000,000 signing bonus, $14,500,000 guaranteed, and an average annual salary of $7,500,000. In 2023, Maye will earn a base salary of $1,080,000 and a restructure bonus of $6,070,000, while carrying a cap hit of $3,641,060 and a dead cap value of $18,020,000.

Marcus Williams signed a 5 year, $70,000,000 contract with the Baltimore Ravens, including a $14,965,000 signing bonus, $37,000,000 guaranteed, and an average annual salary of $14,000,000. In 2023, Williams will earn a base salary of $1,080,000 and a signing bonus of $14,920,000, while carrying a cap hit of $7,262,380 and a dead cap value of $33,998,900.

 

[SonOfNOLA]

He has non-guaranteed base of $7mil plus a $500k roster bonus and $2.4 mil in prorated signing bonus. That brings him to around a $10mil cap number. We can move off of him for just the signing bonus dead money and save $1.5 mil on the cap and just go with Howden. He misses too many game to restructure him to keep him here. Especially since his contract voids in 2025 anyway.

I don’t think an immediate release is as likely as we think it should be. Maye hasn’t been horrible in the games he’s played. Howden looks like a serviceable starter. But not confidently good enough yet to move on from Maye when the offseason begins, a year before his contract expires imo. Howden also has some injury history. 7M is close to lowend starter salary and it’s just one year remaining on the contract.

According to OTC, a preJune 1 Maye cut will trigger 8.5M dead cap. The 1.5M cap savings is just the difference amount between the dead cap and cap hit. It won’t really be cap savings on the available cap while the negative 8.5M dead cap will be counted towards the cap space. Dead cap from a release is accounted for on the cap right away. He could be released but it’s better off waiting until after June when the dead cap is just 2.4M and cap savings are 7.5M.

We’ll need a definite contingency plan in place in the draft or FA if he’s cut early before June or at any point. We’d have to draft a year 1 contributor Safety in the 2nd but we need to address QB, OL and DL early on. Our next picks likely won’t be until the 5th round with our pick and the comp picks. Draft needs and the number of safeties under contract in ‘24 is why I don’t think an early Maye cut needs to happen.

Lonnie Johnson, Abram and Amadi will all become UFAs in March. Abram could maybe return on vet minimum without much bidding. Most or all 3 will pursue FA interest for a little above vet minimum, possibly double-triple, at the max $ that they could get. Maye under contract for his final year makes it easier to begin the offseason with 3 starter-level Safeties under contract, and 3 base Safeties under contract, in general, plus JT Gray.

 

[Elvis]

I don’t think an immediate release is as likely as we think it should be. Maye hasn’t been horrible in the games he’s played. Howden looks like a serviceable starter. But not confidently good enough yet to move on from Maye when the offseason begins, a year before his contract expires imo. Howden also has some injury history. 7M is close to lowend starter salary and it’s just one year remaining on the contract.

According to OTC, a preJune 1 Maye cut will trigger 8.5M dead cap. The 1.5M cap savings is just the difference amount between the dead cap and cap hit. It won’t really be cap savings on the available cap while the negative 8.5M dead cap will be counted towards the cap space. Dead cap from a release is accounted for on the cap right away. He could be released but it’s better off waiting until after June when the dead cap is just 2.4M and cap savings are 7.5M.

We’ll need a definite contingency plan in place in the draft or FA if he’s cut early before June or at any point. We’d have to draft a year 1 contributor Safety in the 2nd but we need to address QB, OL and DL early on. Our next picks likely won’t be until the 5th round with our pick and the comp picks. Draft needs and the number of safeties under contract in ‘24 is why I don’t think an early Maye cut needs to happen.

Lonnie Johnson, Abram and Amadi will all become UFAs in March. Abram could maybe return on vet minimum without much bidding. Most or all 3 will pursue FA interest for a little above vet minimum, possibly double-triple, at the max $ that they could get. Maye under contract for his final year makes it easier to begin the offseason with 3 starter-level Safeties under contract, and 3 base Safeties under contract, in general, plus JT Gray.

Yeah, a lot of that makes sense. The thing that is the problem is that he hasn't been available much over the last 3 years. He's only played 21 games out of 51 over that time. So I don't think it's as much about the 1.5 mil in cap savings as it is having a roster spot for a player that can play.

 

[AdamWest]

I don't believe it was a $1m difference:

Marcus Maye signed a 3 year, $22,500,000 contract with the New Orleans Saints, including a $6,000,000 signing bonus, $14,500,000 guaranteed, and an average annual salary of $7,500,000. In 2023, Maye will earn a base salary of $1,080,000 and a restructure bonus of $6,070,000, while carrying a cap hit of $3,641,060 and a dead cap value of $18,020,000.

Marcus Williams signed a 5 year, $70,000,000 contract with the Baltimore Ravens, including a $14,965,000 signing bonus, $37,000,000 guaranteed, and an average annual salary of $14,000,000. In 2023, Williams will earn a base salary of $1,080,000 and a signing bonus of $14,920,000, while carrying a cap hit of $7,262,380 and a dead cap value of $33,998,900.

I understand the numbers of the contracts but Marcus would've stayed if Loomis paid just $1M to the offer he was getting.

 

[tonyarm99]

His contract is not guaranteed anymore because of his suspension.

Is that correct?

 

[saint_drago]

Good to know!

They are very certainly planning on letting him go when the season ends and looked into trading him before the season started. A very bad whiff of a signing in trying to replace Marcus Williams rather than just keeping him for $1M more.

Yeah it was a bad signing to replace Williams. Not only did Maye have a different skillset but he was also coming off of a major injury. The signings of Maye and Honey Badger didn't make a lot of sense. They didn't seem to be good fits.

But anyway, it's time to get younger, faster, and more athletic. That shouldn't be difficult to do. I don't know if there's a slower Safety tandem in the league.

 

[Pkessling]

This guy is stealing money. He is always hurt. Is this the final year on his deal ? I’m thinking they may go with Howden moving forward.

Howden has played better then Maye this year

 

[Taurus]

Isn't Smoke Monday still available? Is he in game shape?