Saints Release Junior Galette

According to multiple reports the New Orleans Saints are releasing star pass rusher Junior Galette just one year after signing him to a massive $41.5 million contract extension. Galette, who was rumored to be on the trading block all winter, had been involved in a few off field incidents and also was injured at some point during the offseason. From a salary perspective this is a massive blow to the Saints, who are seemingly clearing the roster this year and beginning a new chapter for the team. They will carry over $17 million in dead money charges over the next two seasons for Galette.

Galette has earned $16 million in bonus money over the last two seasons. He was paid a $3.5 million signing bonus in 2014 and had a $12.5 million roster bonus converted to a prorated bonus this offseason. The Saints salary cap woes more or less required them to make that bonus conversion, which prorated the money over the life of the contract. Galette also has a $1.25 million salary that is guaranteed this season that the Saints will owe him if he doesn’t sign with another team. The rest of the money is lost to the team unless they can prove some extenuating circumstance that I cant imagine would hold up.

From a salary cap perspective the Saints will gain no cap room this year and his cap charge will remain the same $5.45 million as if he was on the team. In 2016 it is where the blow becomes crippling with $12.1 million in dead money being charged to the Saints salary cap.

Galette was scheduled to originally be a free agent in 2016, but the Saints made the decision to proactively extend him in 2014 in part because there was an outside chance he could earn the right to void his 2015 year. Had they kept him on his original contract he would have earned $2 million last season and been cut this year with just $900,000 in dead money charges and no cash, had he been released in March. Instead he will take home $18.7 million just for playing the 2014 season. This contract is just one of a series of contracts the Saints have seemingly grown to quickly regret s they continue to sort through their roster and prep for the future.

  • McGeorge

    The Saints seem very poorly run. They sign players like Jimmy Graham and Jarius Byrd, then realize they don’t have the cap space, and ruin their entire structure.

    The cap specialist supposedly makes the GM aware of this, so it seems like the GM is shortsighted (trying to stay employed for one more year to earn another paycheck, but I thought the contract was guaranteed) or Idzik bad. Maybe both.

    • hiryu.1455

      They’re so bad they won a superbowl

      • McGeorge

        The Saints won in 2009, and have been poorly run since then from a cap stand point.

        • NW86

          Exactly. It seems like they let that one superbowl cloud their judgement going forward, going “all in” on every good player, as if that one player was the key to winning another one. Then when that player didn’t work, they went “all in” on the next one, despite the fact that the cap situation was getting worse and worse. The cap situation next year will be so bad, and Brees’ cap number is over $27M, so they will probably give him a ridiculous extension, pushing dead money until he is 40 and guaranteeing another problem when he retires or they have to release him a year or two later.

          • McGeorge

            Your summary (which I agree with) reminds me of something Ozzie Newsome said after the Ravens won the super bowl in 2012. He said that in 2000 they screwed their cap, trying to keep the team together. But after 2012 he said they didn’t fall into that trap. I’m not a Ravens fan, but I respect Ozzie Newsome and that organization.

            The Saints fell into that trap.

            I am quite interested in what becomes of the Seahawks over the next few years. What tough decisions they will make, especially with respect to Russel Wilson.