Last week i said some players will have to be cut soon in order to get under the cap limit, because the Saints were way over the cap limit. 12-15 million. This week the New Orleans Saints start trimming salary cap in a push to sign Jimmy Graham and other potential free agents. Some of the notable guys who got cut are as follows: cornerback Jabari Greer, Outside Linebacker Will Smith, safety Roman Harper, and middle linebacker Johnathan Vilma, all of whom were with the Saints during the 2009-2010 Super Bowl winning team.
I expected that these were the players that were going to get cut.
They are aging and all have had major injury concerns throughout their career. These decisions are tough, but it was needed to get the Saints under cap. I think their under the cap limit as of now, but more cap space is needed to sign or franchise tag free-agent Jimmy Graham.
Those players were receiving major money this season Will Smith $11.55 million, Roman Harper $3.15 million, and Jabari Greer $4.55 million. Unfortunately, the Saints will have a$ 6.5 million cap penalty, due to the signing bonuses. When a player gets cut before his contract is up, the player is still owed his signing bonus.
It will be interesting who General Manager Mickey Loomis will cut next.
In my opinion, Drew Brees needs to restructure his deal which is worth $100 million. This year he is set to make about $18 million with a cap hit of $18.4 million. Cap hit is how much of the cap room a player takes up. His contract in it’s peak stages which means the cap hit will go up next year. So if the Saints don’t restructure his contract then the Saints will run into more problems along the road.
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