Domain: tiger-web1.srvr.media3.us Estimated Cap Space 2025 and 2026 | Saints Talk
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Estimated Cap Space 2025 and 2026

Posted on 3/27/25 at 9:57 am
Posted by bonethug0180
Avondale
Member since Jul 2018
5162 posts
Posted on 3/27/25 at 9:57 am
With all current moves now processed outside of Cooks, we can get a fairly accurate picture of our cap situation for this year and next. For Cooks we'll estimate his 2025 hit at 3 mil and 2026 at 10 mil.

2025
30.3m
Cooks -3m
Rookies' Effective Cap Space -5.5m
Hill Post June 1st Cut +10m
Ramczyk Post June 1st Retirement +1.2m
Spots 52 and 53 Becoming Active -2m
Total if Season Started Today* 31m

*But factoring in having the money from the June 1st moves

So that's way more than enough money to still sign some quality FAs, and whatever is left can/will be rolled over. But moving on from that we can look at next year's cap as it stands IF we didn't sign anyone else.

2026
-17.9m
Rollover +31m
Carr Restructure +36.5m
McCoy Restructure +6.9m
Young Restructure +10.0m
Granderson Restructure +3.7m
Ruiz Restructure +6.2m
Johnson Restructure +6.3m
Reid Restructure +6.4m
Werner Restructure +4m
Cooks Contract -10m
Cooks Restructure +8m
2025 Rookies -7m
2026 Rookies Effective Cap -6m
Offseason Total After Draft Considerations 78.1m with 38 Players + 2 Drafts Worth of Picks (about 15 players for 53 total) Under Contract

All restructures were done without adding further dummy years than what is there, so the savings can be even more for many. A few other restructures could also be down, as well as extensions with a few players to keep their dead money from escalating, but I just did the ones that were most likely for now. Definitely much healthier than I'm sure many were expecting, despite all the "can kicking".

tldr:
2025: 31m
2026: 78m (includes rolling over the 31m, otherwise 47m if we spend all 31m in 2025)
Posted by Fun Bunch
New Orleans
Member since May 2008
128835 posts
Posted on 3/27/25 at 10:01 am to
quote:


2026
-17.9m
Rollover +31m
Carr Restructure +36.5m


Posted by Chad504boy
4 posts
Member since Feb 2005
177153 posts
Posted on 3/27/25 at 10:04 am to
quote:

Carr Restructure +36.5m


i think you misspelled june 1st cut.

but it'd be wild if carr ends up being successful with moore, then quite the dilemma.
Posted by bonethug0180
Avondale
Member since Jul 2018
5162 posts
Posted on 3/27/25 at 10:13 am to
It would have to take us getting a surefire starter as a replacement and/or Carr having an epically bad/injured season to be worth cutting over just keeping 1 more year. Cutting him only saves 9.5 mil on the cap, so it just isn't worth making that move without something major happening.

Although if we do rollover a large portion of that 31 mil, it would at least make it possible for him to be cut with a June 1st designation (an outright cut is unlikely without that).
Posted by bonethug0180
Avondale
Member since Jul 2018
5162 posts
Posted on 3/27/25 at 10:19 am to
Just to give a very rough estimate on how a cut of Carr next year would work instead, we would have an estimated 20m without carryover, or 51m with total carryover, prior to June 1st. After June 1st we would get another 40m in space iirc, but would also lose that space from 2027 (though the 40m can be carried right back over, or we could not do a June 1st on him, but with only 20m clear I think that's unlikely).
Posted by Suntiger
STG or BR or somewhere else
Member since Feb 2007
35921 posts
Posted on 3/27/25 at 10:29 am to
If Carr has a terrible awful season, then we can move on no problem. Sign a Malik Willis or Davis Mills to be your starter or draft a QB.

If he plays average, then extend one more year and draft a QB to compete and sit and learn and let him play the Alex Smith role.

If he plays great, then great. Resign and keep developing Rattler or sign a back up to develop.
Posted by Chad504boy
4 posts
Member since Feb 2005
177153 posts
Posted on 3/27/25 at 10:30 am to
a june 1st cut next year shows a 50 mill savings in '26 with 19 mill dead monies.

is that correct???
Posted by bonethug0180
Avondale
Member since Jul 2018
5162 posts
Posted on 3/27/25 at 11:37 am to
quote:

a june 1st cut next year shows a 50 mill savings in '26 with 19 mill dead monies.

is that correct???
Correct. This is why I don't think he will be a regular cut, but we only save 9.5m until June 1st (when we gain the other 40.5m).
Posted by Chad504boy
4 posts
Member since Feb 2005
177153 posts
Posted on 3/27/25 at 12:14 pm to
Well that would be the play if it were to be a cut Carr season
Posted by BigBrod81
Houma
Member since Sep 2010
22917 posts
Posted on 3/27/25 at 12:30 pm to
quote:

It would have to take us getting a surefire starter as a replacement and/or Carr having an epically bad/injured season to be worth cutting over just keeping 1 more year.


Carr will be 35 by that time. He is who he is at QB at this point in his career. It would be time to end the experiment. He won't miraculously become great all of a sudden but as he continues to age, he can definitely become worse & more injury prone than he already has been over his career.

quote:

Cutting him only saves 9.5 mil on the cap, so it just isn't worth making that move without something major happening.

Although if we do rollover a large portion of that 31 mil, it would at least make it possible for him to be cut with a June 1st designation (an outright cut is unlikely without that).


Thanks for your work. It's appreciated.
Posted by bonethug0180
Avondale
Member since Jul 2018
5162 posts
Posted on 3/27/25 at 1:12 pm to
quote:

Carr will be 35 by that time. He is who he is at QB at this point in his career. It would be time to end the experiment.
Next year wouldn't be about experimenting, but rather just rolling with someone that's at least competent at QB and letting his contract expire naturally.

I highly doubt we would extend him unless he somehow had a freak amazing season (I see that being as likely as us finding a legit replacement by next year, which is very unlikely, even through the draft).

The most likely path seems to be just letting his contract play out in 2025 and 2026 and then hopefully having a rookie/2nd year and maybe a vet ready to go for 2027.

But there are so many unknowns at this point that saying ANY of these paths are certain would be foolish. Way too many variables with not just Carr but the team as a whole as well.

And you're welcome.
Posted by BigBrod81
Houma
Member since Sep 2010
22917 posts
Posted on 3/27/25 at 1:21 pm to
quote:

But there are so many unknowns at this point that saying ANY of these paths are certain would be foolish. Way too many variables with not just Carr but the team as a whole as well.



There will be more clarity after the draft & definitely after the 2025 season is over as to the direction the organization may chose to go.
Posted by bonethug0180
Avondale
Member since Jul 2018
5162 posts
Posted on 3/28/25 at 10:50 am to
Cooks' estimate was very close. The used 1 dummy year, so the breakdown is:

2025- 3.2m
2026- 8m
2027- 1.6m

Total cap- 12.8m, 7.75m fully guaranteed
Posted by Weekend Warrior79
Member since Aug 2014
21180 posts
Posted on 3/28/25 at 11:18 am to
quote:

The used 1 dummy year

Very disappointed in Mickey
Posted by bonethug0180
Avondale
Member since Jul 2018
5162 posts
Posted on 3/28/25 at 11:40 am to
For real. Why not 5!?!? xD

But, being more serious, since he is actually under contract next year there is the possibility that he does add another year or two if he sticks around, but it's an easy out if he doesn't work out this year.
Posted by Stamps74
Member since Nov 2017
1434 posts
Posted on 3/28/25 at 7:32 pm to
Less than 8M guaranteed, would have preferred different player but that’s not much.
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