Wednesday, February 20, 2013

PFT: Bucs' Bowers arrested with gun at airport

Drew BreesAP

As the Saints try to squeeze key veteran players in the hopes of creating cap space, it seems inevitable that they?ll do some money shuffling with quarterback Drew Brees.

Via a so-called ?simple? restructuring, Brees could have millions of 2013 base salary converted to a guaranteed payment that would drop his cap number significantly.

For example, $8.8 million of his $9.75 million base salary for 2013 could be shifted to a guaranteed payment, reducing his base salary for this year to the 10-plus-year veteran minimum of $940,000.? Then, the $8.8 million would be spread over the remaining four years of his deal, dropping the cap number in 2013 by $6.6 million.

Here?s the problem, however.? That would add another $2.2 million in cap charges to each of the final three years of the contract.? Which means that the cap number in 2014 would move from $18.4 million to $20.6 million.? Likewise, Brees? cap number in 2015 would increase from $26.4 million to $28.6 million.? And the cap number in the final year of his contract would grow from $27.4 million to $29.6 million.

With the salary cap not expected to spike in 2015, or ever, the Saints would be seeing a greater and greater percentage of their total cap space devoted to a player who, as Larry Holder of the New Orleans Times-Picayune pointed out on PFT Live, already is the oldest member of the team.

In two years, when Brees is 36 and his cap number would be closing in on $30 million, the Saints and their franchise quarterback would be faced with a decision that, depending on how it turns out, could fundamentally alter the direction of the franchise.

Of course, even without a restructuring, Brees still has unprecedentedly gigantic cap numbers looming, at a time when the salary cap is barely growing.

Source: http://profootballtalk.nbcsports.com/2013/02/18/daquan-bowers-arrested-for-carrying-gun-at-airport/related/

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