re: Mickey’s “borrow from the future” philosophy is flawed according to AI

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Every player kept has retained a value worth keeping.

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Ramczyk has value worth keeping?

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Loomis goes too far with it.

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I am curious if Loomis runs his personal finances the same. His strategy on the cap is very similar to how some people use credit cards to buy what they cannot afford. His cap strategy makes the saints pay more for players because the dead cap paid for players no longer on the team, or no longer productive at that cap value, is like a high interest rate on debt.

Its similar to our national debt in a smaller scale. You have limited budget and when you push over that budget, you eventually have to pay it. So now, just like our national debt where we pay $1 trillion annually just to interest, the saints are paying $60 million of their allocated cap to dead money (interest) borrowed from past years.

Some people say is just book money, but it's not. Its money you do not have to "buy" what you need and forces you to make due with what you can afford ... Like broken down car and ramen noodles dinners.

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This part is just not true, and often because the last year is for the biggest base salary, we come out cheaper than what the player's per year was since the final year's base is very seldom guaranteed.

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This is nonsensical because there has never been a player under Loomis term thats play in the last year is worth the money paid. You have to include the dead cap that will be added after that player is no longer on the roster.

Do you think Carr would be on this team today if his cap hit was not $60 million? No way would he be, and not because he is a poor performing player, but because of the ability to reallocate his cap savings to other more productive players. Cam Jordan is another player that would not be on the roster today if his cap was not a detriment. Every year for the last 5+ years this team has carried players on the roster because they could not absorb the cap hit.

Saints are 6th in dead monies this year. There’s 8 w over 40 million dead monies. People act like it’s only Mickey doing these manipulations.

Last bit of cap/economic knowledge to drop.

Current cap dollars are always worth more than future cap dollars (as long as the cap goes up). Anyone familiar with economics knows that the higher amount of currency you have, the lower it's value is. So as the cap goes up, each dollar means less.

This is why borrowing from future years (cap dollars at lesser value) and bringing them to the current year (cap dollars have more value) is always the smart thing to do IF you understand how to budget the dollars in those years you are borrowing from (which is why some teams fail at this while we have been doing it well over a decade).

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In that same vein, this is also why every team now backloads contracts, to varying degrees, because the dollars on the earlier years matter MUCH more than the ones on the latter years. As long as you understand how to manage the latter years (which not all teams do, and why they get into actual cap trouble, not pretend trouble like us where we can flip 50 mil negative to 50 mil positive year after year like nothing), the bigger the backload quite often the better.

But we are once again top in class when it comes to this practice. We started far ahead on both major cap borrowing and backloading compared to most teams and do it more effortlessly than anyone else.

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I feel like this strategy has led to some very poor decisions

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It’s a great strategy for not being able to afford young players that you drafted and developed but can’t compete with fair market deals from other teams so then have to sign cheaper older players in the twilight of their careers.

But we’re the best in the class at it….

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Chad is an idiot when it comes to these things.

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You could have stopped writing after the first four words.

When you’re really close to having a Super Bowl team, with a bunch of studs, and, in particular, a stud quarterback, then borrowing from the future is a good idea to make a run.

No one was really complaining when we went into salary cap hell to make that last run with Drew Brees at quarterback. It was going to set us back for a few years, but we did almost make the Super Bowl. Hell without the damn referees doing the NFL‘s bidding against the Rams, we would’ve been in a Super Bowl.

However, once that failed, it was time to rebuild. Instead, this nimrod f*cking moron Loomis kept borrowing from the future to put us in salary cap hell for f*cking eternity. Now, we are a 5-12 team with no studs and no f*cking future.

My opinion of AI is garbage in and garbage out. AI is only as good or bad as the social engineering programmers.