Saints $3.3 mil under cap (1 Viewer)

Javon7143

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For those curious about where we are financially

<blockquote class="twitter-tweet"><p><a href="https://twitter.com/search/%23Saints">#Saints</a> sit about $3.3 million under the cap right now.</p>&mdash; WWL-TV Sports (@wwltvsports) <a href="https://twitter.com/wwltvsports/status/316244644579139585">March 25, 2013</a></blockquote>
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LOONEY

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well thats good news, now stupid question time how does that affect us in regards to the draft and bringing in udfa talent ? can that 3.3 be used for the udfa ?
 

Saint_Ward

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well thats good news, now stupid question time how does that affect us in regards to the draft and bringing in udfa talent ? can that 3.3 be used for the udfa ?
We'll need around 2-3M for rookies.. any rookies after the 3rd or 4th round won't even count against the cap. it's just the top 51 salaries.
 

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Teams need about $4mm to sign the draft class...

But, once we sign DLP and make a decision on Ivory, that will free up some money...
 

Saint Kamara

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spotrac puts us at about 4.7 million if you consider Ben Watson's contract terms.

not sure how they came up with only 3.3 million
 

swr1185

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It would also help if Harper would take a paycut and Drew did a Tom Brady like extension to save some cap space.
 

nsingh93

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It would also help if Harper would take a paycut and Drew did a Tom Brady like extension to save some cap space.
Mickey Loomis even stated that restructuring Drew's deal can put us in more cap trouble in later years so I highly doubt that happens
 

Merl

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spotrac puts us at about 4.7 million if you consider Ben Watson's contract terms.

not sure how they came up with only 3.3 million
Possibly spotrac is not taking into account "likely to be earned" contract bonus's.

Does this take into account the $2.7 million rollover from 2012?
I'm sure it does.
 

Randy Jones

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On top of that we could possibly trade back further into rd 1 and reduce are number even more.
 

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