Saints have a $21.3 million cap charge looming for Drew Brees

[CGI_Ram]

Saints have a $21.3 million cap charge looming for Drew Brees

The Saints will see the $13.5 million in dead money that the Patriots will carry for Tom Brady in 2020 and raise it by $7.8 million.

profootballtalk.nbcsports.com

Saints have a $21.3 million cap charge looming for Drew Brees

The Saints will see the $13.5 million in dead money that the Patriots will carry for Tom Brady in 2020 and raise it by $7.8 million.

Tom Curran’s story of the dead money attached to Tom Brady’s soon-to-be-voiding contract conjured memories of the cap mess to be created by Drew Brees in New Orleans. As explained last March, a restructuring that dropped his cap number for 2019 from $33.5 million to $22.7 million pushed the total for 2020 to be carried in Brees’ name to $21.3 million, whether he’s on the team or not.

And if he’s on the team, a new contract will have to both pay Brees and account for the dead money.

The Saints have been down this road before. Two years ago, Brees had $18 million in dead money that needed to be engineered via his new deal. Eventually, Brees signed a two-year, $50 million deal to stay with the Saints.

Regardless of what happens next, the Saints at some point will have to bite the Brees bullet when he makes his exit, taking the cap charge for millions previously paid to Brees. Fortunately for the Saints, the cap keeps going up and up and up, and it could skyrocket if/when the league and the NFL Players Association reach a new labor deal, followed by a new round of TV contracts.

 

[CGI_Ram]

Dead money complicates Tom Brady's negotiations with Patriots (if there are any)

If quarterback Tom Brady decides to stay with the Patriots and the Patriots decide to continue to employ a quarterback who will turn 43 in August, the first challenge comes from crafting a contract in time to best manage a $13.5 million chunk of dead money that will drop into 2020, if Brady doesn't…

profootballtalk.nbcsports.com

Dead money complicates Tom Brady’s negotiations with Patriots

If quarterback Tom Brady decides to stay with the Patriots and the Patriots decide to continue to employ a quarterback who will turn 43 in August, the first challenge comes from crafting a contract in time to best manage a $13.5 million chunk of dead money that will drop into 2020, if Brady doesn’t re-sign before March 17.

Tom Curran of NBC Sports Boston flags the problem and delves into the broader question of whether the Patriots would be willing to pay something closer to market value for Brady at a time when he can hit the open market, leaving for a new team and leaving behind an eight-figure cloud of crop dust for the team’s salary cap.

Creative cap accounting, with signing bonuses and other devices, can help the Patriots deal with the $13.5 million, but at some point every dollar spent on Brady must hit the cap. And if he wants to be paid much more than he has been paid in past years, things could get dicey for a team with plenty of holes to fill on the roster, especially on offense.

Brady never has been motivated by making the most money possible, but what has he gotten in recent years for taking less? The money hasn’t been spent to make the team better (at least not effectively), as evidenced by the fact that the team isn’t better — especially on offense. So if there’s another team that offers a nice bump over what Brady has been making, along with maybe a greater role in the crafting and construction offense like Peyton Manning in Denver eight years ago, Brady may decide to move on.

Presumably, wherever Brady goes, he’ll want to win. His social-media post from Wednesday hints at a journey-not-the-destination vibe, however, that could make him willing to not try to find a spot where the deck is stacked in his favor but instead to be driven by other factors, professional and/or personal.

Whatever the Patriots and Brady do, it makes sense to brings thing to a head before $13.5 million drops automatically onto the 2020 cap. If he’s going to stay, it will be easier to manage the cap burden if that $13.5 million can be crafted into a revised deal instead of simply being an elephant in the room that adds to whatever the Patriots pay Brady for 2020 and beyond.

 

[Ram_Rally]

Good and good

 

[thirteen28]

 

[Riverumbbq]

Hopefully this article will enlighten some of our own fans who wish to restructure the contracts of Goff and others as to how much of a future CAP problem we can induce by using similar methods of spending now and pushing debt back.

 

[OldSchool]

And right now the Saints sit with a bit over $4 million in cap space and no QB's on the roster. Yet we mortgaged the future.

 

[SteveBrown]

Saints have a $21.3 million cap charge looming for Drew Brees

The Saints will see the $13.5 million in dead money that the Patriots will carry for Tom Brady in 2020 and raise it by $7.8 million.

profootballtalk.nbcsports.com

Saints have a $21.3 million cap charge looming for Drew Brees

The Saints will see the $13.5 million in dead money that the Patriots will carry for Tom Brady in 2020 and raise it by $7.8 million.

Tom Curran’s story of the dead money attached to Tom Brady’s soon-to-be-voiding contract conjured memories of the cap mess to be created by Drew Brees in New Orleans. As explained last March, a restructuring that dropped his cap number for 2019 from $33.5 million to $22.7 million pushed the total for 2020 to be carried in Brees’ name to $21.3 million, whether he’s on the team or not.

And if he’s on the team, a new contract will have to both pay Brees and account for the dead money.

The Saints have been down this road before. Two years ago, Brees had $18 million in dead money that needed to be engineered via his new deal. Eventually, Brees signed a two-year, $50 million deal to stay with the Saints.

Regardless of what happens next, the Saints at some point will have to bite the Brees bullet when he makes his exit, taking the cap charge for millions previously paid to Brees. Fortunately for the Saints, the cap keeps going up and up and up, and it could skyrocket if/when the league and the NFL Players Association reach a new labor deal, followed by a new round of TV contracts.

Brees lost 2 games at home in the playoffs. I go with Bridgewater, I think he gives them the better chance to win. Brees is still good, but sign an ALL Pro DB with the Brees money, and Saints are a top 3 NFC team again next year.

 

[SteveBrown]

Brees lost 2 games at home in the playoffs. I go with Bridgewater, I think he gives them the better chance to win. Brees is still good, but sign an ALL Pro DB with the Brees money, and Saints are a top 3 NFC team again next year.

OOPS, i DIDNT read it...Brees is 21 mill cap hit, even if he is on the team....well then, Bridgewater will win more than Drew, so I guess Payton will find out more ways to lose

 

[Ram_Rally]

Hopefully this article will enlighten some of our own fans who wish to restructure the contracts of Goff and others as to how much of a future CAP problem we can induce by using similar methods of spending now and pushing debt back.

I thought Goff's would only amount to 5 million per year against the cap

 

[fearsomefour]

Brees lost 2 games at home in the playoffs. I go with Bridgewater, I think he gives them the better chance to win. Brees is still good, but sign an ALL Pro DB with the Brees money, and Saints are a top 3 NFC team again next year.

Brees is a choke.

 

[Merlin]

He's about done. That deep pass he hit in their last game barely got to the receiver. Payton is going to have to make a call re: his QB position soon IMO.

 

[Riverumbbq]

I thought Goff's would only amount to 5 million per year against the cap

I honestly don't know how much restructuring management has in mind in relations to Goff's CAP, if any at all, ... but his 2019 CAP hit of $10,629,577 jumps to $36,042,683 in 2020, leaving a good deal of room for manipulation. My concern is at the back end of his contract where money taken now would be applied later. The final year of Goff's contract in 2024 shows a current CAP hit of $26,000,000. which is quite manageable, but if the Rams start adding debt as the years pass, just how high might that figure one day reach. If we are contemplating a restructure for 2020 now, what happens next year when we are trying to extend Ramsey, Kupp, JJ3 & Everett, ... or the year after and the one after that again ? If Goff gets injured, those will be some hefty CAP consequences.
jmo.

 

[Ram65]

This will be interesting to follow. Will it eventually catch up to them? I think it has to with limiting roster moves in the future. Can't blame them as even future HOF Quarterbacks need a solid team behind them.

 

[Flint]

I’ve heard Bridgewater’s name thrown around and people talk about his record when Brees was hurt but I thought he was just ok when he was healthy, now after blowing out his knee don’t know if he’s the an answer