Saints Cap Moves: $27,329,433 cap space ….. 8 restructures, 3 extensions, 3 pay cut, 1 release [Wilson Jr. reduces salary, Young’s cap updated] (235 Viewers)

[syracuse saint]

Did our $18mm of cap space include Cam's updated savings of $10mm or does that figure need to be updated?

 

[St. Geezy]

Did our $18mm of cap space include Cam's updated savings of $10mm or does that figure need to be updated?

Was trying to piece that together earlier then realized I wasn’t being paid to do this sort of work and decided to just wait for the OTC update.

I think we are somewhere around $24m but didn’t want to get too knee deep into it.

 

[syracuse saint]

Was trying to piece that together earlier then realized I wasn’t being paid to do this sort of work and decided to just wait for the OTC update.

I think we are somewhere around $24m but didn’t want to get too knee deep into it.

My son told me we are above $26mm under the cap. I find it interesting that we worked so hard to get this far under the cap and it seems as though we are done with bigger name signings.

 

[Rexman100]

My son told me we are above $26mm under the cap. I find it interesting that we worked so hard to get this far under the cap and it seems as though we are done with bigger name signings.

it seems like we cleared room for three players, then simply got outbid for them. Mickey refuses to overpay, apparently.

 

[St. Geezy]

My son told me we are above $26mm under the cap. I find it interesting that we worked so hard to get this far under the cap and it seems as though we are done with bigger name signings.

Exactly, which is why I’m wondering if a trade is at play. There’s been a lot of chatter about Dallas Goedert, and I know Coach Moore likes using two tight ends.



Guard, receiver, and corner would also be possibilities.

 

[St. Geezy]

it seems like we cleared room for three players, then simply got outbid for them. Mickey refuses to overpay, apparently.

Very true. He sets a number and won’t budge much when it comes to signing other team’s free agents, for better or for worse.

 

[Grumpy Old Manatee]

Dude is playing for less than $4.00 ? That seems sub-minimum wage to me.

 

[SonOfNOLA]

Did our $18mm of cap space include Cam's updated savings of $10mm or does that figure need to be updated?

Chase Young’s new cap hit hasn’t been updated yet. The current 2.2m cap hit is an increment of the previous void year’s dead money spread out. Justin Reid’s cap hit isn’t counted yet either. Chase will be about 7.5M. Justin’s around 5.3M like Juwan’s similar cap.

FA signings Clapp, Velus Jones Jr, Williams and Landon Young not counted yet either.

 

[St. Geezy]

Chase Young’s new cap hit hasn’t been updated yet. The current 2.2m cap hit is an increment of the previous void year’s dead money spread out. Justin Reid’s cap hit isn’t counted yet either. Chase will be about 7.5M. Justin’s around 5.3M like Juwan’s similar cap.

FA signings Clapp, Velus Jones Jr, Williams and Landon Young not counted yet either.

Did you account for Top 51 cut-offs?

 

[syracuse saint]

Did you account for Top 51 cut-offs?

What's top 51 cutoffs?

 

[St. Geezy]

What's top 51 cutoffs?

Only the highest paid 51 players on the roster count towards the off-season salary cap. Many cap exercises here tend to forget the nuance of taking off the $840k minimum figure at the bottom of the 51 for every new person that gets added to the top portion above the line.

 

[SonOfNOLA]

Did you account for Top 51 cut-offs?

Yep, Clapp, Landon Young, Williams, and Jones Jr. will become apart of the Top 51 as vet min cap hits above $1.1 million.

They’ll replace the bottom 4 Top 51 cap hits, Hayball, Holker, Hergel and Stalbird, and add on at least $235,000 each to the last 4 $960,000+ hits. $1.2M-$1.5M cap hits.

Chase Young + Reid is about $12.8M.
L. Young, Clapp, Williams and Jones Jr. is potentially additional $1.1 million total difference added on to the bottom 4 top 51 cap hits.

13.9M-14M almost swaps out Cam and Tyrann’s $15 million cap savings. Updated cap space will be near the $18.7M range it’s at right now. Likely $1 million more around 19.7M which is still a lot of available space.

 

[texasjefe]

Cutoffs? Don't talk about cutoffs! You kiddin' me? Cutoffs?

The big question is whether Loomis will sign another $10-$15 free agent. He seemed to be panting alot around Cooper Kupp but things are currently quiet. To do that, you would not want to see $18M in cap space, you would want to see about $25M-$30M in cap space.

 

[St. Geezy]

Cutoffs? Don't talk about cutoffs! You kiddin' me? Cutoffs?

The big question is whether Loomis will sign another $10-$15 free agent. He seemed to be panting alot around Cooper Kupp but things are currently quiet. To do that, you would not want to see $18M in cap space, you would want to see about $25M-$30M in cap space.

We still haven’t adjusted Taysom’s deal. Certainly that will have to be addressed at some point.

Yep, Clapp, Landon Young, Williams, and Jones Jr. will become apart of the Top 51 as vet min cap hits above $1.1 million.

They’ll replace the bottom 4 Top 51 cap hits, Hayball, Holker, Hergel and Stalbird, and add on at least $235,000 each to the last 4 $960,000+ hits. $1.12M-$1.5M cap hits.

Chase Young + Reid is about $12.8M.
L. Young, Clapp, Williams and Jones Jr. is additional $940,000+ difference added on to the bottom 4 top 51 cap hits.

13.9M-14M almost swaps out Cam and Tyrann’s $15 million cap savings. Updated cap space will be near the $18.7M range it’s at right now. Likely $1 million more around 19.7M which is still a lot of available space.

Good stuff. Thanks.

Still think we have room to squeeze in one more larger salary if we want to, maybe two if we can successfully chop Taysom down a good bit.

Need to save some money for the draft obviously, and maybe a guy like Wilson gets cut later for some in-season wiggle room.

 

[Bayareasaint]

Our cap space just went up over $10M after Cam's numbers have been released. He's playing on a 1 year $1.255M deal. Our cap space is around $28,000,000 currently before adding Chase Young and Justin Reid