Saints Cap Moves: 3 restructure, 1 extension , 1 release; cap space is at -$4,078,787 (225 Viewers)

[St. Widge]

I thought the point of restructuring Carr was to move on from old guys and have money to pay our own young free agents. Yet today we’ve restructured Demario and Adebo left.

I mean, we knew they were going to have to restructure some of them to get under the cap even with the Carr restructure. So this wasn't really totally unexpected. And adebo apparently got $18 million AAV from the Giants (Not the $10 million AAV originally reported) so that really would not be in line with being responsible with the cap.

I suspect the reason they chose to restructure Davis is that they expect he is going to want to play for at least one more year so they can further spread the hit when he gets another deal. Tripp saind Davis wants to play for at least one more year beyond this one. Not my favorite idea, but Demario can still play and should be good if we get him some DL in front of him to protect him.

 

[St. Widge]

Is it possible we're so tied up on internal negotiations that we aren't making much progress with free agents (ours and those from other teams)? We supposedly have several players that could be up for pay cuts, and without an agreement on those cuts we don't know what we have available for new deals.

Free agency doesn't even officially star until Wednesday and we weren't likely to be in on the guys that signed the first two days. So, I think it's both that we are working on internal pay cuts/deals and we likely don't see a rush to be ready to try to sign the first level high priced guys.

 

[St. Widge]

This may be the offseason that we’re aiming solely for under the radar FA signings while the cap space clean up a bit for 2026-2027. The double digit AAV FAs that we’ve added in the last 3 years haven’t really match their salaries across a full season. May be smarter to not repeat those type of signings and focus on maximizing early round draft picks.

Yep. More Willie Gay type players and fewer Chase young type players. Gay didn't really work out great, but it was the right kind of free agent signing for this team.

 

[StudioSaint]

I think you need to let this train of thought go. If this was still Dennis Allen's team, that logic would make some sense. It's not. The new staff will not have any loyalty to the players on the current roster. The new staff inherited a team that they are most definitely going to change to fit want they want to do. That may not include players we as fans really like...or don't like. We just don't know because we don't know what this team is looking for. In 3 years, we'll probably be able to guess their every move. But today? Let it go and watch it play out because this a new movie and we don't don't know if it's a horror, comedy, coming of age, thriller, drama, or a feel-good movie. Boy I'm hoping it's the last one. Either way, I'll say it again, there's going to be lots of changes we wouldn't have expected if the staff hadn't changed so dramatically.

I'm good as long as it's not a brown chicken brown cow movie. Don't want to see anymore charlie foxtrots.

 

[SoggyBottomBoy]

Question about Carr's contract. I may be oversimplifying but his contract was a four year deal and had a $100M guaranteed payout. Has that $100M guaranteed figure changed over the restructures? How much has he been being paid on average per year? If we cut him after the 2025 season will it have been $33.333M per year?

 

[Rouxble]

Question about Carr's contract. I may be oversimplifying but his contract was a four year deal and had a $100M guaranteed payout. Has that $100M guaranteed figure changed over the restructures? How much has he being paid on average per year? If we cut him after the 2025 season will it have been $33.333M per year?

We are still playing him the original $100m over the first three years, so yes, if we cut him after this year we paid him $33.3m/year.

Splitting hairs, but the original contract had $70m fully guaranteed plus $30m in injury guarantees. There was an out in the third year (which would have allowed us to only pay $70m for the first two years of the deal), but our cap situation would have made it difficult for us to use that out.

 

[SoggyBottomBoy]

We are still playing him the original $100m over the first three years, so yes, if we cut him after this year we paid him $33.3m/year.

Splitting hairs, but the original contract had $70m fully guaranteed plus $30m in injury guarantees. There was an out in the third year (which would have allowed us to only pay $70m for the first two years of the deal), but our cap situation would have made it difficult for us to use that out.

Thank, you, friend. I've been hearing so many different figures about how much we're paying him.

 

[soggymoss84]

I thought the point of restructuring Carr was to move on from old guys and have money to pay our own young free agents. Yet today we’ve restructured Demario and Adebo left.

We weren’t paying Adebo 18 million a year even if we had 100 million in cap space. He’s not worth that much

 

[Clintonrebel]

I thought the point of restructuring Carr was to move on from old guys and have money to pay our own young free agents. Yet today we’ve restructured Demario and Adebo left.

DD is only old in human years