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Mar 11 2015 10:20am
How is this legal?


Saints’ Colston, Hawthorne Take Pay Cuts
Saints veterans Marques Colston and David Hawthorne accepted pay cuts today in order to remain with the team. Colston’s base salary will drop from $6.9MM to $1.445MM in 2015 and from $7.7MM to $2.65MM in 2016, according to Larry Holder of The Times-Picayune (via Twitter). Hawthorne base salary was cut from $2MM to $1.19MM in 2015 and from $4MM to $1.75MM in 2016, according to Evan Woodbery of The Times-Picayune.

Colston’s new deal with the Saints will save the team $3.2MM this year, Mike Triplett of ESPN.com tweets. Meanwhile, he’ll receive $3.8MM in salary and bonuses this year. Word of Colston restructuring his deal first came in last week. Colston caught just 59 balls for 902 yards in 2014, the lowest totals of his career if you throw out an injury-plagued 2008 campaign.

Hawthorne was widely viewed as a possible cap casualty, but today’s news means he’ll stay in the fold for 2015 and possibly beyond.
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Mar 11 2015 10:22am
Quote (EwokHellKite @ Mar 11 2015 10:20am)
How is this legal?


Saints’ Colston, Hawthorne Take Pay Cuts
Saints veterans Marques Colston and David Hawthorne accepted pay cuts today in order to remain with the team. Colston’sbase salary will drop from $6.9MM to $1.445MM in 2015 and from $7.7MM to $2.65MM in 2016, according to Larry Holder of The Times-Picayune (via Twitter). Hawthorne base salary was cut from $2MM to $1.19MM in 2015 and from $4MM to $1.75MM in 2016, according to Evan Woodbery of The Times-Picayune.

Colston’s new deal with the Saints will save the team $3.2MM this year, Mike Triplett of ESPN.com tweets. Meanwhile, he’ll receive $3.8MM in salary and bonuses this year. Word of Colston restructuring his deal first came in last week. Colston caught just 59 balls for 902 yards in 2014, the lowest totals of his career if you throw out an injury-plagued 2008 campaign.

Hawthorne was widely viewed as a possible cap casualty, but today’s news means he’ll stay in the fold for 2015 and possibly beyond.


Why wouldnt it be?
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Mar 11 2015 10:23am
Quote (Gangbang @ Mar 11 2015 12:22pm)
Why wouldnt it be?


Because he's taking $5M pay cuts 2 years in a row, they will still be paying him I guarantee it, just under the table so it doesn't appear on cap.

This post was edited by EwokHellKite on Mar 11 2015 10:24am
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Mar 11 2015 10:24am
Quote (EwokHellKite @ Mar 11 2015 12:20pm)
How is this legal?


Saints’ Colston, Hawthorne Take Pay Cuts
Saints veterans Marques Colston and David Hawthorne accepted pay cuts today in order to remain with the team. Colston’sbase salary will drop from $6.9MM to $1.445MM in 2015 and from $7.7MM to $2.65MM in 2016, according to Larry Holder of The Times-Picayune (via Twitter). Hawthorne base salary was cut from $2MM to $1.19MM in 2015 and from $4MM to $1.75MM in 2016, according to Evan Woodbery of The Times-Picayune.

Colston’s new deal with the Saints will save the team $3.2MM this year, Mike Triplett of ESPN.com tweets. Meanwhile, he’ll receive $3.8MM in salary and bonuses this year. Word of Colston restructuring his deal first came in last week. Colston caught just 59 balls for 902 yards in 2014, the lowest totals of his career if you throw out an injury-plagued 2008 campaign.

Hawthorne was widely viewed as a possible cap casualty, but today’s news means he’ll stay in the fold for 2015 and possibly beyond.


It's the Saints, it's probably not legal with what they're doing under the table.
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Mar 11 2015 10:29am
Quote (EwokHellKite @ Mar 11 2015 10:23am)
Because he's taking $5M pay cuts 2 years in a row, they will still be paying him I guarantee it, just under the table so it doesn't appear on cap.


Thats probably true, but how would anyone know? Isnt this a pretty common thing?

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Mar 11 2015 10:30am
Quote (Gangbang @ Mar 11 2015 12:29pm)
Thats probably true, but how would anyone know? Isnt this a pretty common thing?


Haven't seen a contract drop to $1MM before, on someone like Colston.
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Mar 11 2015 10:31am
Quote (EwokHellKite @ Mar 11 2015 10:30am)
Haven't seen a contract drop to $1MM before, on someone like Colston.


Thats a good point. I was thinking like Peyton Manning type of money dropping a few million. But 20% is way different than 80%.
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Mar 11 2015 11:10am
Quote (EwokHellKite @ Mar 11 2015 10:20am)
How is this legal?


Saints’ Colston, Hawthorne Take Pay Cuts
Saints veterans Marques Colston and David Hawthorne accepted pay cuts today in order to remain with the team. Colston’sbase salary will drop from $6.9MM to $1.445MM in 2015 and from $7.7MM to $2.65MM in 2016, according to Larry Holder of The Times-Picayune (via Twitter). Hawthorne base salary was cut from $2MM to $1.19MM in 2015 and from $4MM to $1.75MM in 2016, according to Evan Woodbery of The Times-Picayune.

Colston’s new deal with the Saints will save the team $3.2MM this year, Mike Triplett of ESPN.com tweets. Meanwhile, he’ll receive $3.8MM in salary and bonuses this year. Word of Colston restructuring his deal first came in last week. Colston caught just 59 balls for 902 yards in 2014, the lowest totals of his career if you throw out an injury-plagued 2008 campaign.

Hawthorne was widely viewed as a possible cap casualty, but today’s news means he’ll stay in the fold for 2015 and possibly beyond.


why wouldn't it be? He's getting like 2.3m In signing bonuses.

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Mar 11 2015 11:14am
OH you mean like Rodgers
http://overthecap.com/player/aaron-rodgers/1085/

Little base salary, huge prorated and roster bonus.
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Mar 11 2015 11:15am
Quote (EwokHellKite @ Mar 11 2015 11:20am)
How is this legal?


Saints’ Colston, Hawthorne Take Pay Cuts
Saints veterans Marques Colston and David Hawthorne accepted pay cuts today in order to remain with the team. Colston’sbase salary will drop from $6.9MM to $1.445MM in 2015 and from $7.7MM to $2.65MM in 2016, according to Larry Holder of The Times-Picayune (via Twitter). Hawthorne base salary was cut from $2MM to $1.19MM in 2015 and from $4MM to $1.75MM in 2016, according to Evan Woodbery of The Times-Picayune.

Colston’s new deal with the Saints will save the team $3.2MM this year, Mike Triplett of ESPN.com tweets. Meanwhile, he’ll receive $3.8MM in salary and bonuses this year. Word of Colston restructuring his deal first came in last week. Colston caught just 59 balls for 902 yards in 2014, the lowest totals of his career if you throw out an injury-plagued 2008 campaign.

Hawthorne was widely viewed as a possible cap casualty, but today’s news means he’ll stay in the fold for 2015 and possibly beyond.


this happens all the time lol
i know you hate saints but cmon
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