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Salary Cap officially announced at $255.4m for 2024. $30m increase.

Posted on 2/23/24 at 11:58 am
Posted by The Hurricane
Gulf of Mexico
Member since Aug 2011
7916 posts
Posted on 2/23/24 at 11:58 am
Per Schefter
This post was edited on 2/23/24 at 12:01 pm
Posted by Weekend Warrior79
Member since Aug 2014
16190 posts
Posted on 2/23/24 at 12:04 pm to
With this and the Carr restructure, Saints are now "ONLY" $40M over.

Loomis also celebrating that we're no longer last in cap space
Posted by Chad504boy
4 posts
Member since Feb 2005
165946 posts
Posted on 2/23/24 at 12:04 pm to
Loomising Bitches
Posted by Proximo
Member since Aug 2011
15382 posts
Posted on 2/23/24 at 12:09 pm to

Read it and weep
Posted by Swagga
504
Member since Dec 2009
16081 posts
Posted on 2/23/24 at 12:11 pm to
This will do nothing to stop SFP’s continued rants about the cap.

I wish we could setup a debate between him and Hartley / loomis.
Posted by DBG
vermont
Member since May 2004
71254 posts
Posted on 2/23/24 at 12:14 pm to
I’m interested in the language for the $74mm for performance based play. Is it strictly incentives, or things like roster and workout bonuses.
This post was edited on 2/23/24 at 12:15 pm
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
420397 posts
Posted on 2/23/24 at 12:15 pm to
quote:

This will do nothing to stop SFP’s continued rants about the cap.


Why would it?

Do you think that I don't understand that the cap goes up?

If you're operating within the margins then the arguments about future value makes sense but with our incredibly large deficit every year, and the dead cap required to keep the strategy going, we are on the wrong side of EV in this scenario.

This is also not even mentioning about how we have to keep older players longer than they're valuable and run the risk of relying on presumptions about future player health and production.
This post was edited on 2/23/24 at 12:16 pm
Posted by Proximo
Member since Aug 2011
15382 posts
Posted on 2/23/24 at 12:23 pm to
quote:

Why would it?

Because you're wrong every year. Maybe you'll get 'em one day
quote:

The unprecedented $30M increase per club in this year’s Salary Cap is the result of the full repayment of all amounts advanced by the clubs and deferred by the players during the Covid pandemic as well as an extraordinary increase in media revenue for the 2024 season.
Posted by BigTigerJoe
Member since Aug 2022
5279 posts
Posted on 2/23/24 at 12:24 pm to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
420397 posts
Posted on 2/23/24 at 12:32 pm to
quote:

Because you're wrong every year.

Like what, specifically?
Posted by Swagga
504
Member since Dec 2009
16081 posts
Posted on 2/23/24 at 12:52 pm to
I just don’t get why it’s such a source of frustration for you.

The cap has been manipulated every year and is not preventing this team from contending. Loomis and Hartley have made it work every single year and we always hear how bad the situation is.

I’m far more concerned with the scouting, drafting, development, and general coaching of this team. That’s where we’re losing ground.
Posted by BigTigerJoe
Member since Aug 2022
5279 posts
Posted on 2/23/24 at 12:54 pm to
quote:

The cap has been manipulated every year and is not preventing this team from contending. Loomis and Hartley have made it work every single year and we always hear how bad the situation is.

Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
420397 posts
Posted on 2/23/24 at 12:55 pm to
quote:

I just don’t get why it’s such a source of frustration for you.

Because I want the Saints to become title contenders again.

It's not that complicated.

quote:

The cap has been manipulated every year and is not preventing this team from contending

Your first error

Posted by Fun Bunch
New Orleans
Member since May 2008
115133 posts
Posted on 2/23/24 at 1:03 pm to
quote:

The cap has been manipulated every year and is not preventing this team from contending.


WHAT
Posted by goatmilker
Castle Anthrax
Member since Feb 2009
64038 posts
Posted on 2/23/24 at 1:18 pm to
quote:

The cap has been manipulated every year and is not preventing this team from contending.


100% correct. Its just the HC and the GM that are doing that
Posted by tigerterrace
Mobile, Alabama
Member since Sep 2016
3391 posts
Posted on 2/23/24 at 3:07 pm to
It doesn't mean he is wrong. It would be nice if the Saints went into a season $30 million under the cap and were able to sign 2-3 key free agents.

Posted by DBG
vermont
Member since May 2004
71254 posts
Posted on 2/23/24 at 3:08 pm to
He’s right. Football evaluations cost the team, not cap tinkering
Posted by Chalkywhite84
New orleans
Member since Dec 2016
26885 posts
Posted on 2/23/24 at 3:14 pm to
quote:

been manipulated every year and is not preventing this team from contending. Loomis and Hartley have made it work every single year and we always hear how bad the situation is.




You realize it's getting harder and harder to dig out of it every year. They are just adding more money to older player's contracts every year.

So when a guy like kamara is 29 or 30 ans you want to cut him, guess what, he has a cap hit of 30 mil. That's unheard of.

The sad thing is this isn't some master plan. They have backed themselves into this corner. They literally have to do this every year to even be compliant.

Why can't they just take a year off and clear some of this money out just like Tampa did. They need a reset.

You are starting every new league year with your hands tied behind your back.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
420397 posts
Posted on 2/23/24 at 3:21 pm to
quote:

He’s right. Football evaluations cost the team, not cap tinkering

Cap tinkering creates large annual dead cap hits that remove 10-15% of our cap space every season. It hurts out ability to create a championship-level roster.

We've felt the loss of guys we couldn't afford to keep because of this, even guys with reasonable contracts like Onyamatta and Davenport just last year. Now we're looking at spending a 1st round pick on DL b/c of our severe talent issues on the DL
Posted by Swagga
504
Member since Dec 2009
16081 posts
Posted on 2/23/24 at 3:43 pm to
Yea, Marcus Davenport was the difference maker for this team last year.

You’ve convinced me
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