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-   -   You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!! (http://blackandgold.com/saints/64490-you-get-more-cap-room-you-get-more-cap-room-everybody-gets.html)

Jack Vegas 02-25-2014 01:16 PM

You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!!
 
Up to $135 million now. Whatever problem we may have had signing Jimmy just evaporated.

Source: Cap will be higher than $132 million | ProFootballTalk

Utah_Saint 02-25-2014 01:22 PM

Re: You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!!
 
Sweet!!

When Drew's deal was done, one of the writers said the annual increases in cap hits would be offset by the increases in the salary cap. Looks like he was right.

Loomis is looking pretty smart once again.

TheOak 02-25-2014 01:44 PM

Re: You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!!
 
We shall find out shortly.. The Cap was set on the following dates in previous years. Free Agency starts Mar 3rd and we have to be under it by Mar 11, so "it" is coming soon.

2013 Feb 28
2012 Mar 11


Screw it! let Jimmy go and use the extra cap space to make this a better team in all areas.

TheOak 02-25-2014 01:45 PM

Re: You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!!
 
I chuckle at the driving force behind it.. Smith needs to get reelected, and Goodell has him in his pocket.

You are corrupt, and you are corrupt, and you are corrupt.....

exile 02-25-2014 02:32 PM

Re: You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!!
 
Good news: The cap will be higher
Bad news: Players will want to get paid more

hagan714 02-25-2014 02:37 PM

Re: You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!!
 
and the nfl still does not pay taxes?

TheOak 02-25-2014 02:53 PM

Re: You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!!
 
Quote:

Originally Posted by hagan714 (Post 579496)
and the nfl still does not pay taxes?

Haven't we gone over this before?

The league office does not pay taxes, all 32 teams do (collectively around 400m/year). If the league office lost its status it would only pay another 10m on top of that.

Here, a little something to read.
NFL explains that it does indeed pay taxes | ProFootballTalk

Perhaps you would rather the league office pay taxes and stop their charity work?
https://www.nflcharities.org/pdf/Chr...es%20FINAL.pdf


Something you may not know:
The Saints owe their team to the NFL's tax exempt status. Senator Russell Long bartered the franchise for tax exempt status and a no antitrust ruling when the NFL and AFL merged.
great Read:
Why the NFL is Tax-Exempt

Rugby Saint II 02-25-2014 03:08 PM

Re: You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!!
 
Quote:

Originally Posted by TheOak (Post 579497)
Haven't we gone over this before?

The league office does not pay taxes, all 32 teams do (collectively around 400m/year). If the league office lost its status it would only pay another 10m on top of that.

Here, a little something to read.
NFL explains that it does indeed pay taxes | ProFootballTalk

Perhaps you would rather the league office pay taxes and stop their charity work?
https://www.nflcharities.org/pdf/Chr...es%20FINAL.pdf


Something you may not know:
The Saints owe their team to the NFL's tax exempt status. Senator Russell Long bartered the franchise for tax exempt status and a no antitrust ruling when the NFL and AFL merged.
great Read:
Why the NFL is Tax-Exempt

This is some great info. I didn't have a clue. :dunce:

jeanpierre 02-25-2014 04:36 PM

Re: You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!!
 
Quote:

Originally Posted by Utah_Saint (Post 579483)
Loomis is looking pretty smart once again.

We should never have had so little cap space...

SmashMouth 02-25-2014 08:53 PM

Re: You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!!
 
Just because your credit card has a limit increase, does not mean you need to max it out... unless you're in Washington DC.


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