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re: Per OTC, the Saints are $72.58M over the 2024 cap

Posted on 10/17/23 at 7:19 am to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
424659 posts
Posted on 10/17/23 at 7:19 am to
quote:

We will be fricked for half a decade at least.
I just don't think people understand how long it will take to unwind this. It will take a full year of being committed to a rebuild just to get us in a situation where we can start the cap rebuild. That's 2 years, min, but likely more like 3 (or 4 to totally clear up our cap situation).

This is also assuming an outlier event doesn't cause the necessity to start when we don't expect it, which would be lighting a fuse...Ram's knee is that variable potentially. Our entire cap restructuring philosophy is based in extending he and Lattimore for the bulk of our cap relief, but if he has to retire after this season, then we have to eat all that cap we kicked down the road and we lose the flexibility. That would be official "hold onto your butts" season.
Posted by Weekend Warrior79
Member since Aug 2014
16529 posts
Posted on 10/17/23 at 8:31 am to
quote:

This is also assuming an outlier event doesn't cause the necessity to start when we don't expect it, which would be lighting a fuse...Ram's knee is that variable potentially. Our entire cap restructuring philosophy is based in extending he and Lattimore for the bulk of our cap relief, but if he has to retire after this season, then we have to eat all that cap we kicked down the road and we lose the flexibility. That would be official "hold onto your butts" season.

What's cool about Ram's deal is he has an injury guarantee for his 2024 contract. So, if I understand it correctly, his entire 2024 salary would be guaranteed in the event of an injury. Loomsing

Sarcasm aside, that should at least buy them a year to eat a chunk of Ram's contract. Then work with him on his retirement to spread the dead cap between 2025 & 2026 (similar to the Brees retirement restructure).

quote:

I just don't think people understand how long it will take to unwind this. It will take a full year of being committed to a rebuild just to get us in a situation where we can start the cap rebuild. That's 2 years, min, but likely more like 3 (or 4 to totally clear up our cap situation).

This could actually be much worse than you laid out. NFL also has a minimum cash spend requirement tied into the cap. So, when dropping contracts for dead money or letting them expire to run out the bonuses; they still have to make sure they give out large chucks of $$$ to meet those minimum cash requirements.
Posted by Fun Bunch
New Orleans
Member since May 2008
116401 posts
Posted on 10/17/23 at 8:56 am to
quote:

I just don't think people understand how long it will take to unwind this. It will take a full year of being committed to a rebuild just to get us in a situation where we can start the cap rebuild. That's 2 years, min, but likely more like 3 (or 4 to totally clear up our cap situation).



We essentially have to go full bad news bears for 2 years, with nothing but UDFAs. We have to just tank and tank HARD for 2 full years.

THEN...we have 2 more years after that of still being fricked by the cap but it easing up.

All the cap is fake people, to a certain degree yes, but where we are, it isn't. We've gone so overboard with this bullshite that we are fricked, we cannot make major moves without it costing us for 4 years.

Flexibility is king and we are not
Posted by Chrome
Chromeville
Member since Nov 2007
10396 posts
Posted on 10/17/23 at 10:55 am to
quote:

I just don't think people understand how long it will take to unwind this. It will take a full year of being committed to a rebuild just to get us in a situation where we can start the cap rebuild. That's 2 years, min, but likely more like 3 (or 4 to totally clear up our cap situation).


I understand what you're saying, but there isn't a GM or HC that is going to do this in today's world.
Posted by Chalkywhite84
New orleans
Member since Dec 2016
27362 posts
Posted on 10/17/23 at 1:01 pm to
quote:

fuse...Ram's knee is that variable potentially. Our entire cap restructuring philosophy is based in extending he and Lattimore for the bulk of our cap relief, but if he has to retire after this season, then we have to eat all that cap we kicked down the road and we lose the flexibility. That would be official "hold onto your butts" season.





You just seem to embellish shite. His knee has been bad fo3 years. He isn't going to retire after this year.

I do agree it's not a great situation when he has a cap hit in the 30s with a Nad knee.
Posted by shel311
McKinney, Texas
Member since Aug 2004
111208 posts
Posted on 10/18/23 at 1:53 pm to
quote:

I just don't think people understand how long it will take to unwind this. It will take a full year of being committed to a rebuild just to get us in a situation where we can start the cap rebuild. That's 2 years, min, but likely more like 3 (or 4 to totally clear up our cap situation).

We were always going to have to rebuild by kicking the can down the road with Brees, and a rebuild is going to take 3 years, so curious, does this really matter?
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