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Message
re: Salary cap spiked UP
Posted on 2/20/25 at 5:04 am to chalmetteowl
Posted on 2/20/25 at 5:04 am to chalmetteowl
quote:
It’s almost like, except for the COVID anomaly, Loomis knows it’s going to go up every year
That doesn’t make our cap strategy any less stupid. There’s a reason our roster is thin and shitty. No one denies the ability to get under the cap, most just understand it’s bad process
How are there morons that can see the results from the last few years and still defend Loomis?
Posted on 2/20/25 at 5:45 am to BilJ
quote:
most just understand it’s bad process
Its actually fairly normal, and teams like Green Bay and Tampa have been just as bad.
What isnt normal is the salarcy cap going up in a way that gives the Saints potentially 10 million in wiggle room.
For instance - if the Saints want to cut Carr they could, and still get under the cap, and start a rebuild etc.
Karens dont understand andnjust want to whine about Loomis.
Posted on 2/20/25 at 5:50 am to Domeskeller
quote:
Wow, $10 million more, which still leaves the Saints about $47 million over the cap. Not great, Bob.
Ten million more dollars is a lot.
We could now walk away from Carr if Ward/Sheduer drops and we take them etc.
Before if we cut Carr we wouldve been barely making it. With the extra cap this possibility becomes far more possible.
It went up by a lot and the Saints are huge beneficiaries.
This post was edited on 2/20/25 at 5:52 am
Posted on 2/20/25 at 6:10 am to P bean
quote:
Also makes all options more possible including cutting big contracts
This should be the ONLY option
Posted on 2/20/25 at 6:12 am to P bean
quote:
We could now walk away from Carr if Ward/Sheduer drops
Sorry, would rather build the LOS and see what we have with Rattler and Moore. Even if you do draft one of those guys, and they're good, they'll get killed!
Posted on 2/20/25 at 6:29 am to P bean
quote:
Thinking its meaningless shows your clueless.
Thinking what is meaningless?
Posted on 2/20/25 at 7:27 am to HangmanPage1
quote:
I hate the way they do trades. If you take on said player, you get his contract. Game over
They get what's left.
We already got a discounted accounting on our cap for his bonus. That dead money is just the accelerated cap impact of that discount being applied at once.
It has to be done this way or else the signing bonus cap impact will become a cheat and exploit
Posted on 2/20/25 at 8:01 am to P bean
I mean this helps the saints individually but from a competitive standpoint wouldn’t the basic issue be the saints’ percentage of “dead” or “bad” money compared to other teams? I don’t see how that would change from an increased cap. For instance, and from an oversimplified perspective, the saints would leverage this to balance their books while other teams can use it to go sign a depth piece etc. the cap itself isn’t the problem, it’s the amount of shite contracts the saints are dealing with compared to other teams, that’s the issue. They could increase the salary cap by $50m and get the saints out of their hole, it wouldn’t actually improve their prognosis over the next 5 years.
This post was edited on 2/20/25 at 8:02 am
Posted on 2/20/25 at 9:08 am to buckRogers
quote:
I mean this helps the saints individually but from a competitive standpoint wouldn’t the basic issue be the saints’ percentage of “dead” or “bad” money compared to other teams?
Teams often get way over the cap. The Saints are a usual suspect. Green Bay, Tampa, several teams have been in the dame boat.
Last season the cap was 255 million.
The “expected” increase was to 272 million.
Its now being said the NFL told teams the increase will be to 277-282 million.
This is a minimum 22 million cap increase.
Its huge for all NFL teams.
Posted on 2/20/25 at 9:16 am to P bean
What a wasted post...So, you're telling us, you want to run it back with this old squad again?
Posted on 2/20/25 at 9:31 am to P bean
quote:
Ten million more dollars is a lot.
We could now walk away from Carr if Ward/Sheduer drops and we take them etc.
Before if we cut Carr we wouldve been barely making it. With the extra cap this possibility becomes far more possible.
Don't know why you are saying $10M more, the projected cap had been sitting around $275M for several months. This increase is "only" an extra $2-6M.
If the team is waiting to move from Carr based on what happens in the draft, then they would already be under the cap and will just wait until 6/02 and make the move then and create the extra cushion. That would save them an extra $30M on this year's cap, and reduce his 2026 cap hit (currently $61.5M, and would be $28.6M if a post 6/01 cut)
This post was edited on 2/20/25 at 9:32 am
Posted on 2/20/25 at 9:41 am to Weekend Warrior79
quote:
If the team is waiting to move from Carr based on what happens in the draft, then they would already be under the cap and will just wait until 6/02
I think the problem is we have to be cap compliant in a few weeks and we have to decide if we're doing a big Carr restructure/extension or other crazy contracts (Cam, Mathieu, etc.).
If we do the Carr restructure now, that will create immense dead cap that would not make a 6-2-25 cut palatable, I don't think.
If we do the restructure of everyone else, we're already baking in the Carr post-June 1 cut.
Posted on 2/20/25 at 10:12 am to SlowFlowPro
I agree, was just commenting on OP's point about waiting to see if Ward or Sheduer to decide Carr's fate.
If they do this, it would be moronic to not just go ahead and cut him then designate the post 6/01 cut. Save $1M now, then get the extra $29M on 6/02 and get him out of the building now while acting like you're doing him a solid by letting him hit FA early.
A quick look, and as long as you plan the other big moves accordingly, they may be able to do it.
Restructure his $30M salary to $2M in salary and pay a $28M bonus. Saves $22M against the cap now. Then you cut on 6/02 looks like (quick excel, may have missed something) you would have $27M dead in 2025 (extra $2M saved) and your 2026 dead # jumps to $51M (which is $10M less than his current cap hit on the 2026 books). I think in order to do this you would need to do something, possible extend, with Cam, Taysom, & Demario now to save all of that dead money ($33M) from also hitting in 2026
quote:
If we do the restructure of everyone else, we're already baking in the Carr post-June 1 cut.
If they do this, it would be moronic to not just go ahead and cut him then designate the post 6/01 cut. Save $1M now, then get the extra $29M on 6/02 and get him out of the building now while acting like you're doing him a solid by letting him hit FA early.
quote:
f we do the Carr restructure now, that will create immense dead cap that would not make a 6-2-25 cut palatable, I don't think.
A quick look, and as long as you plan the other big moves accordingly, they may be able to do it.
Restructure his $30M salary to $2M in salary and pay a $28M bonus. Saves $22M against the cap now. Then you cut on 6/02 looks like (quick excel, may have missed something) you would have $27M dead in 2025 (extra $2M saved) and your 2026 dead # jumps to $51M (which is $10M less than his current cap hit on the 2026 books). I think in order to do this you would need to do something, possible extend, with Cam, Taysom, & Demario now to save all of that dead money ($33M) from also hitting in 2026
Posted on 2/20/25 at 10:15 am to Weekend Warrior79
quote:
I think in order to do this you would need to do something, possible extend, with Cam, Taysom, & Demario now to save all of that dead money ($33M) from also hitting in 2026
Yes.
I don't see how this is resolved without either Carr or the group of overpaid/declining guys getting extensions. That's going to extend this "Cap rebuild" by a year or 2.
Posted on 2/20/25 at 10:22 am to SlowFlowPro
quote:
That's going to extend this "Cap rebuild" by a year or 2
As long as Mickey doesn't get too excited in FA this year, I figured 2027 was always the best-case scenario to get this fixed. Only 12 guys under contract for 2027. Sure, you will need to push some of those 2025 & 2026 figures into 2027.
But don't go too crazy, and have a decent few drafts, and you may be able to go into 2027 with the 12 guys currently under contract, and another 15-20 guys drafted in 2025 & 2026. And depending on what you dropped in void/dead money in 2027; you may be at a reset. The roster may not be the greatest (depending on if those draft picks are just bodies or actual players), but it will have been purged and you can afford to put actual pieces in place
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