Skip to content

Saints create some cap room by restructuring Lofton deal

Curtis Lofton, Doug Martin AP

The Saints have around $20 million worth of salary cap room to create before the start of free agency.

They started creating it this week by restructuring the deal of linebacker Curtis Lofton, according to Pat Yasinskas of ESPN.com.

The Saints created $4 million worth of 2013 room by turning a $5 million roster bonus into a signing bonus which can be prorated for accounting purposes.

It pushes more of a hit into future years, but was likely the kind of paperwork flip that both sides knew was coming the day they signed the deal.

Permalink 14 Comments Feed for comments Latest Stories in: Home, New Orleans Saints, Rumor Mill
14 Responses to “Saints create some cap room by restructuring Lofton deal”
  1. wwttww says: Feb 15, 2013 5:10 PM

    Lofton still hasn’t won a playoff game.

  2. thegreatgabbert says: Feb 15, 2013 5:17 PM

    “I got some bad news today, honey.”.

    “Oh, baby, what happened?”.

    “I got restructured at work, I guess you going to have to go back to that night job…”.

  3. fuglyflorio says: Feb 15, 2013 5:38 PM

    Teams with franchise QBs will always have salary cap troubles.

  4. purplepunisher says: Feb 15, 2013 5:50 PM

    Saints have no chance of competing, their only good when cheating.

  5. prmpft says: Feb 15, 2013 5:55 PM

    Here’s a great idea – why do they not get rid of stinkin’ mark ingram for a higher draft pick from another SUCKER or trade for a real football player?

  6. jason1980 says: Feb 15, 2013 6:01 PM

    And the Falcants are still without a Lombardi. And the window has closed.

  7. ilovefoolsball says: Feb 15, 2013 6:25 PM

    purplepunisher says:
    Feb 15, 2013 5:50 PM
    Saints have no chance of competing, their only good when cheating.
    ______
    You know I was thinking the same thing about the Vikings with the difference being that they can’t win even if they tried cheating.

    I’m starting a campaign to get Adrian Peterson out of Minnesota. It’s a tragedy that such an amazing talent has been wasted on such a failure of a franchise.

  8. swampdawg80 says: Feb 15, 2013 6:30 PM

    Man! When it come to Saints articles, commenters on ProFootballTalk are the absolute worst! All Lofton did was restructure his contract, and look what is being said! Anyway, we getting there as far as cap. Let’s keep it up Saints!!!

  9. iamwhodat says: Feb 15, 2013 7:02 PM

    I think we’re about to sign Woodson with that money…

  10. noring4youstill says: Feb 15, 2013 7:38 PM

    And the Vikings still are nothing more than a bridesmaid.

  11. Bob says: Feb 15, 2013 8:45 PM

    “purplepunisher says:
    Feb 15, 2013 5:50 PM
    Saints have no chance of competing, their only good when cheating.”

    ———————

    Spoken like the fan of a team that doesn’t have a franchise QB.

    Also spoken like the fan of a team that’s been trounced by double digits in all four of their Super Bowls, and the last one being almost 40 years ago.

  12. whodat37 says: Feb 15, 2013 9:09 PM

    wwttww says:
    Feb 15, 2013 5:10 PM
    Lofton still hasn’t won a playoff game.
    ———————
    Falcons and Vikings still haven’t won a Super Bowl :)

  13. nawlinsmitty says: Feb 15, 2013 9:35 PM

    purple punisher……Saints must have kicked your team’s butt.

  14. jwilliamsspf says: Feb 16, 2013 8:38 AM

    When are people going to realize that restructure is not less?

Leave a Reply

You must be logged in to leave a comment. Not a member? Register now!