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Salary Cap expected to top $240 Million, some executives say $250 million is possible

Posted on 2/19/24 at 7:40 pm
Posted by tigerterrace
Mobile, Alabama
Member since Sep 2016
3392 posts
Posted on 2/19/24 at 7:40 pm
Cap will go up from $224.8 million to at least $242 million.

LINK
Posted by LooseCannon22282
Mobile
Member since May 2008
33673 posts
Posted on 2/19/24 at 7:47 pm to
wouldn't be shocked if some NFL owners start dipping into the real estate business also.

Greed + Ego
Posted by msstate7
Member since Oct 2014
10678 posts
Posted on 2/19/24 at 7:47 pm to
Kicking the can may not be such a bad idea if you see jumps like that
Posted by H-Town Tiger
Member since Nov 2003
59039 posts
Posted on 2/19/24 at 7:49 pm to
quote:

Kicking the can may not be such a bad idea if you see jumps like that


When your cap hit for Taysom Hill is more than the 49ers cap hit for McCaffery your cap strategy is not optimal
Posted by Eighteen
Member since Dec 2006
33839 posts
Posted on 2/19/24 at 7:50 pm to

Posted by goatmilker
Castle Anthrax
Member since Feb 2009
64124 posts
Posted on 2/19/24 at 8:10 pm to
Can owners go into the gambling web site biz like everyone else? I mean why not. The Genie is out of the bottle right. ESPN et al.
Posted by Proximo
Member since Aug 2011
15423 posts
Posted on 2/19/24 at 8:16 pm to
quote:

When your cap hit for Taysom Hill is more than the 49ers cap hit for McCaffery your cap strategy is not optimal

Look at this clown that doesn’t understand how we manipulate the cap
Posted by LooseCannon22282
Mobile
Member since May 2008
33673 posts
Posted on 2/19/24 at 8:24 pm to
quote:

Can owners go into the gambling web site biz like everyone else? I mean why not.


They already have. DraftKings is a partner with the league. Money continues to be poured into sports not only on the Pro level but College Ball also.

It's reckless especially on the college side. You get these entitled little shits coming out of the college game now.
Posted by Rand AlThor
Member since Jan 2014
9369 posts
Posted on 2/19/24 at 8:30 pm to
quote:

Kicking the can may not be such a bad idea if you see jumps like that


This is literally the Saints exact strategy

$10M today is 4.3% of the cap. If the Cap is, say, $270M in 3 years, $10M is only 3.7% of that. Extrapolate that over all of the team's contracts and you can make up some real extra room to make the team better. You can pay today's rates in tomorrow's dollars..it's pretty smart.

The biggest issues they have tied to this strategy is 1) they have, in some instances, bet on the wrong guys, and 2) they lose flexibility to shed older guys.
This post was edited on 2/19/24 at 8:32 pm
Posted by goatmilker
Castle Anthrax
Member since Feb 2009
64124 posts
Posted on 2/19/24 at 8:34 pm to
One day this will kick them in the nuts. Gamblers. Always crash.
Posted by H-Town Tiger
Member since Nov 2003
59039 posts
Posted on 2/19/24 at 10:28 pm to
quote:

https://overthecap.com/salary-cap-space


LINK

The Saints are $83M over a projected cap of $242M being “only” $75M over isn’t that much of an improvement
Posted by bstaceyau19
New Orleans
Member since Jun 2022
314 posts
Posted on 2/19/24 at 10:44 pm to
quote:

One day this will kick them in the nuts. Gamblers. Always crash.


It's not gambling; its accounting and understanding present and future value.
Posted by SirWinston
PNW
Member since Jul 2014
81219 posts
Posted on 2/19/24 at 11:18 pm to
Loomis stacked

SFP fricked
Posted by LooseCannon22282
Mobile
Member since May 2008
33673 posts
Posted on 2/19/24 at 11:21 pm to
(no message)
This post was edited on 2/20/24 at 5:52 am
Posted by BlueWaffleHouse
LA
Member since Jul 2012
1843 posts
Posted on 2/20/24 at 12:51 am to
quote:

This is literally the Saints exact strategy $10M today is 4.3% of the cap. If the Cap is, say, $270M in 3 years, $10M is only 3.7% of that. Extrapolate that over all of the team's contracts and you can make up some real extra room to make the team better. You can pay today's rates in tomorrow's dollars..it's pretty smart.



I say this every year. Everyone gets super worried about the “cap” think in terms of the “cap” having some finite end date where the nfl will end, but in nfl business terms the saints operate taking advantage of NPV to the extreme + the operating like time is infinite.
Posted by Snipe
Member since Nov 2015
10897 posts
Posted on 2/20/24 at 5:29 am to
quote:

Kicking the can may not be such a bad idea if you see jumps like that


It's baked into the cake. What is not and what is devastating to the cap can kicking exercise is 2020-21 when the cap actually retracted instead of expended.

2018 - $177M
2019 - $188.2M
2020 - $182.5M
2021 - $182.5M
2022 - $208.2M
2023 - $224.8M
2024 - $242M +???


Covid and the lockdowns were an anomaly that shouldn't be used as a rule but an exception.
Posted by Swagga
504
Member since Dec 2009
16106 posts
Posted on 2/20/24 at 6:51 am to
quote:

The biggest issues they have tied to this strategy is 1) they have, in some instances, bet on the wrong guys



This strategy wouldn’t be an issue at all if we weren’t wasting picks on guys like Davenport, Turner, penning, foskey, etc.

We hit on some draft picks and loomis has proven time and time again he’ll manipulate the cap despite the melting on here.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
421188 posts
Posted on 2/20/24 at 7:07 am to
quote:

Everyone gets super worried about the “cap” think in terms of the “cap” having some finite end date where the nfl will end

We still routinely eat a lot of dead cap because of this strategy that prevents us from spending fully on a roster. It's a major reason why we're unlikely to be title contenders during this can kicking era.

Just look at the dead cap already hitting 2025, before we do any 2024 restructures or post-June 1 cuts.

Also, there are requirements to keep this party going. As someone said earlier, we can't screw up FA signings or restructure unproductive players. We also can't have guys leave our roster earlier than expected. This is where things get dangerous and we're close to the edge with the issues with Latt and Ram.

This post was edited on 2/20/24 at 7:08 am
Posted by P bean
br
Member since Dec 2006
4058 posts
Posted on 2/20/24 at 7:25 am to
quote:

only” $75M over isn’t that much of an improvement


Tell me youre clueless. Tell me more.
Posted by redneck
Los Suenos, Costa Rica
Member since Dec 2003
53591 posts
Posted on 2/20/24 at 8:01 am to
quote:

The Saints are $83M over a projected cap of $242M being “only” $75M over isn’t that much of an improvement



Is this your first year following the NFL????


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