The New Orleans Saints apparently have started making room to get under the salary cap. Linebacker Curtis Lofton has restructured his contract to help free up some salary cap space. Lofton's cap figure was scheduled to be $7.1 million in 2013 but the Saints were able to drop that number to $3.1 million by replacing a scheduled $5 million roster bonus with a $5 million signing bonus that will be prorated over the remainder of the contract, according to ESPN.com. The Saints were expected to be about $20 million over the salary cap but General Manager Mickey Loomis appears to be working to do away with that number. Source: The Times Picayune
soon we will have to pay the piper. I hope he works his magic for another 5 years. That is most of the current contracts expire. Brees, Colston more or less, Payton, Loomis. Then rebuild. Gonna suck but it will happen.
thing is he just signed and already redoing the old contract. Teams shouldn't be able to do that. why not just give everyone their money in a signing bonus and small game checks. I like Lofton. He brings an attitude to this defense. Hope we draft a hard hitting safety. No one feared our defense and for good reason. Hope Ryan can bring some new attitude to this defense.
Teams do that because a large second makes up for a tiny first year which helps the club fit a player in the cap Sent from my HTC Vivid