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Started By
Message
re: $100 million of Dead Cap….Great Job Loomis
Posted on 3/15/26 at 11:10 am to TaderSalad
Posted on 3/15/26 at 11:10 am to TaderSalad
quote:
I thought this was unanimously understood that we were in a financial pickle for 2-3 years and we're almost out of it?
I think the OP is more referring to dead money than cap overage. Here's the issue: Loomis doesn't believe in the concept of dead money and he has said so in interviews. In his eyes, if they sign a guy to a 4-year $40 Million contract, then they value the player at $40 Million. The actual timing of when each dollar appears in the ledger is irrelevant, so he doesn't think any money spent is dead, even if its accounted for after the player has left the team. They may be better at avoiding overages, but they will always have dead money.
This post was edited on 3/15/26 at 11:11 am
0
Posted on 3/19/26 at 3:37 am to bstaceyau19
Read it again.
Reading comprehension is not your strong suit.
I said what he does, and how he functions in his job. Which is unorthodox to the structure of other franchises.
I said he follows orders. His problem is, he DOES NOT act as a real General Manager, a backstop to bad decisions and risks, that the coach (the guy with the more volatile job security) demands. He never pushes back on the coaches whims (Payton, DA, or KM). Coaches are NOT infallible about player evaluations or these players money should sign for. It is HIS JOB to make sure the franchise does not put itself in a contractual crisis with the salary cap. We are still paying for people that have not been on our roster in years. THAT IS 100% HIS FAULT!!
I contrasted his incompetence with charactaristics of competent GM's.
He isn't in the same stratosphere with Howie Roseman, Les Snead, John Schneider, John Lynch, Eric DeCosta, Brandon Beane, etc.
Read it again. Reading comprehension.
Reading comprehension is not your strong suit.
I said what he does, and how he functions in his job. Which is unorthodox to the structure of other franchises.
I said he follows orders. His problem is, he DOES NOT act as a real General Manager, a backstop to bad decisions and risks, that the coach (the guy with the more volatile job security) demands. He never pushes back on the coaches whims (Payton, DA, or KM). Coaches are NOT infallible about player evaluations or these players money should sign for. It is HIS JOB to make sure the franchise does not put itself in a contractual crisis with the salary cap. We are still paying for people that have not been on our roster in years. THAT IS 100% HIS FAULT!!
I contrasted his incompetence with charactaristics of competent GM's.
He isn't in the same stratosphere with Howie Roseman, Les Snead, John Schneider, John Lynch, Eric DeCosta, Brandon Beane, etc.
Read it again. Reading comprehension.
Posted on 3/19/26 at 6:30 am to Da #1 Stunna
quote:
He never pushes back on the coaches whims (Payton, DA, or KM).
I had no idea you were in the room with them! Man I bet you could write a book
Posted on 3/19/26 at 8:09 am to Da #1 Stunna
quote:Yet as the GM, he’s won a Super Bowl and multiple division championships and been to the playoffs many times. Some of those guys have yet to win a title as the GM, or have only 1 just like Loomis. Loomis style is find your QB and kick the can during his window. He built a great roster and thought they could win without the QB, but he was wrong. Hes got Shough now, and they think he could be the guy, and they will draft some guys and eat that 100 mil in dead space this year. Thats the last hit from the Brees era, and next year, with a QB still halfway on his rookie deal, we will have no dead cap and 100 mil in space.
He isn't in the same stratosphere with Howie Roseman, Les Snead, John Schneider, John Lynch, Eric DeCosta, Brandon Beane, etc.
Posted on 3/19/26 at 10:19 am to Gcaro76
NOLA.com
OP not aging well.
Highlights:
*None of the new contracts have void years
*Saints currently $13 Million under the cap.
*Werner and Ruiz are eligible for restructures but have not been
*With the dead money expiring after this year, they are currently $75 Million under the cap for 2027.
So, currently bitching about Loomis...big fail right now.
OP not aging well.
Highlights:
*None of the new contracts have void years
*Saints currently $13 Million under the cap.
*Werner and Ruiz are eligible for restructures but have not been
*With the dead money expiring after this year, they are currently $75 Million under the cap for 2027.
So, currently bitching about Loomis...big fail right now.
Posted on 3/20/26 at 12:21 am to HangmanPage1
ARE YOU LISTENING TO YOURSELF??
So, He was wrong about winning without the QB. Your words.
Loomis running with this idiotic idea of winning without the QB should have been where we parted ways with him. He oversaw and ALLOWED the DECLINE. It is his job to keep us competitive. Green Bay, the 49ers, Ravens, Steelers, all seem to be able to do this. Loomis cannot. That is why he is awful if you know the game of football.
Kick the can during his QB's window.
This is the primary reason you get rid of this idiot. That horrid strategic decision has us in the $100mil dead cap hole with embarrassing records 2 years in a row. We are STILL $100 MILLION IN THE NEGATIVE 5 YEARS AFTER BREES RETIRED. This is acceptable to you?
Would you let someone do that to your business?
Still in the hole 5 years after your last shot at the playoffs........
This is why we are the City that Care Forgot and people from NOLA are the most apathetic people that will go along with and accept anything. Zero standard. Zero motivation. Just a city full of people stuck in a rut...... and they are good with it.
I know this because I have lived here my entire life, and I call it like I see it.
Its pathetic.
So, He was wrong about winning without the QB. Your words.
Loomis running with this idiotic idea of winning without the QB should have been where we parted ways with him. He oversaw and ALLOWED the DECLINE. It is his job to keep us competitive. Green Bay, the 49ers, Ravens, Steelers, all seem to be able to do this. Loomis cannot. That is why he is awful if you know the game of football.
Kick the can during his QB's window.
This is the primary reason you get rid of this idiot. That horrid strategic decision has us in the $100mil dead cap hole with embarrassing records 2 years in a row. We are STILL $100 MILLION IN THE NEGATIVE 5 YEARS AFTER BREES RETIRED. This is acceptable to you?
Would you let someone do that to your business?
Still in the hole 5 years after your last shot at the playoffs........
This is why we are the City that Care Forgot and people from NOLA are the most apathetic people that will go along with and accept anything. Zero standard. Zero motivation. Just a city full of people stuck in a rut...... and they are good with it.
I know this because I have lived here my entire life, and I call it like I see it.
Its pathetic.
Posted on 3/20/26 at 6:23 am to Da #1 Stunna
Relax little girl.
Posted on 3/25/26 at 11:37 pm to HangmanPage1
GFY
Posted on 3/26/26 at 8:38 am to Gcaro76
I don't think I have responded here yet but when you have 3 early retirements hit at the same time as 3 big planned void years (meaning they were far cheaper the years they played than what their average was), with one person hitting for a third of the entire amount that was unplanned, you get an unfortunate year like this.
Early Retirements
Carr- $36.7 mil
Ramczyk- $12 mil
Mathieu- $7.2 mil
Total- $55.9 mil
Planned Voids
Jordan- $18.8 mil
Davis- $14.3 mil
Hill- $13.7 mil
Moreau- $1.4 mil
Total- $48.2 mil
Combined Total- $104.1 mil of the $112.1 mil dead space
The player we did frick up on was Cooks, who did almost nothing here and left $3.2 mil dead space, with no return upon him leaving. Saunders is the only other player with greater than a million in dead space at $1.6 mil, but we got a return on him (a good one with Fortner). We also got a return on Shaheed as well.
No team plans to have 3 huge dead money retirements in one year, and to blame Loomis for that is fricking stupid. And the other half of the dead money was just the bill coming due for having those 3 players on cheap contracts year after year, averaging out to less than their signed per year over the life of their contracts.
But I guess idiots would just see a big number with no context and think, "Ha ha, Saints bad, GM bad" like a fricking caveman trying to get insurance at Geico.
Early Retirements
Carr- $36.7 mil
Ramczyk- $12 mil
Mathieu- $7.2 mil
Total- $55.9 mil
Planned Voids
Jordan- $18.8 mil
Davis- $14.3 mil
Hill- $13.7 mil
Moreau- $1.4 mil
Total- $48.2 mil
Combined Total- $104.1 mil of the $112.1 mil dead space
The player we did frick up on was Cooks, who did almost nothing here and left $3.2 mil dead space, with no return upon him leaving. Saunders is the only other player with greater than a million in dead space at $1.6 mil, but we got a return on him (a good one with Fortner). We also got a return on Shaheed as well.
No team plans to have 3 huge dead money retirements in one year, and to blame Loomis for that is fricking stupid. And the other half of the dead money was just the bill coming due for having those 3 players on cheap contracts year after year, averaging out to less than their signed per year over the life of their contracts.
But I guess idiots would just see a big number with no context and think, "Ha ha, Saints bad, GM bad" like a fricking caveman trying to get insurance at Geico.
Posted on 3/26/26 at 8:43 am to bonethug0180
Mickey Loomis could win the Super Bowl next year and you would still have 50% of Saints fans crying like a bitch thinking he still should have been fired like they were 100% right
Posted on 3/26/26 at 9:34 am to bonethug0180
Some math on the savings of the planned void players.
We saved $3.4 mil on Jordan vs what he signed for in contracts, and this includes the void ($147.5 mil salary, $125.3 mil paid on cap, $18.8 mil dead money, $144.1 mil actually paid).
We saved $1.7 mil on Demario ($70 mil salary, $54 mil on cap, $14.3 mil dead, $68.3 mil actual).
Hill we actually did not save on as he came out dead even ($62.9 mil salary, $49.2 mil cap, $13.7 mil dead, $62.9 mil actual).
We saved $3.4 mil on Jordan vs what he signed for in contracts, and this includes the void ($147.5 mil salary, $125.3 mil paid on cap, $18.8 mil dead money, $144.1 mil actually paid).
We saved $1.7 mil on Demario ($70 mil salary, $54 mil on cap, $14.3 mil dead, $68.3 mil actual).
Hill we actually did not save on as he came out dead even ($62.9 mil salary, $49.2 mil cap, $13.7 mil dead, $62.9 mil actual).
Posted on 3/27/26 at 8:39 pm to bonethug0180
quote:
I don't think I have responded here yet but when you have 3 early retirements hit at the same time as 3 big planned void years (meaning they were far cheaper the years they played than what their average was), with one person hitting for a third of the entire amount that was unplanned, you get an unfortunate year like this.
Early Retirements
Carr- $36.7 mil
Ramczyk- $12 mil
Mathieu- $7.2 mil
Total- $55.9 mil
Planned Voids
Jordan- $18.8 mil
Davis- $14.3 mil
Hill- $13.7 mil
Moreau- $1.4 mil
Total- $48.2 mil
Combined Total- $104.1 mil of the $112.1 mil dead space
The player we did frick up on was Cooks, who did almost nothing here and left $3.2 mil dead space, with no return upon him leaving. Saunders is the only other player with greater than a million in dead space at $1.6 mil, but we got a return on him (a good one with Fortner). We also got a return on Shaheed as well.
No team plans to have 3 huge dead money retirements in one year, and to blame Loomis for that is fricking stupid. And the other half of the dead money was just the bill coming due for having those 3 players on cheap contracts year after year, averaging out to less than their signed per year over the life of their contracts.
But I guess idiots would just see a big number with no context and think, "Ha ha, Saints bad, GM bad" like a fricking caveman trying to get insurance at Geico.
Unfortunate, more like a blessing. The combo of the early retirements & players too old to restructure is what finally forced Loomis to do what he should've done years ago. Slow down the free agency spending while eating up dead money to fix the salary cap going forward.
Also, props to Gayle for getting rid of Dennis Allen mid-season & not give him a chance to work his way back in.
Now, after having hand forced Loomis has done well (the coach hire, draft, & the small roster building moves), I give him credit there.
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