Taysom Hill creates $7.75 million in cap space with special accounting restructuring

AsylumGuido · 03-15-2021, 07:52 AM

Originally Posted by st thomas

Most of our players now and in the past should be thankful of the generosity of the New Orleans saints org. They will be getting checks in the mail way pass there time in the NFL from spread out cash like a added pension

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Nope. That cash has already been paid to the player and is just being accounted for in later periods. Every time you see cap pushed out into future periods a check for the full amount is almost always given at the time the contract, extension, or restructure, is signed. The rare occasion it doesn't is when both sides agree to the total being paid at a later date within the first year. Extremely rare.

03-15-2021, 07:52 AM	#7
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,964	Re: Taysom Hill creates $7.75 million in cap space with special accounting restructuring Originally Posted by st thomas Most of our players now and in the past should be thankful of the generosity of the New Orleans saints org. They will be getting checks in the mail way pass there time in the NFL from spread out cash like a added pension Sent from my iPhone using Tapatalk Nope. That cash has already been paid to the player and is just being accounted for in later periods. Every time you see cap pushed out into future periods a check for the full amount is almost always given at the time the contract, extension, or restructure, is signed. The rare occasion it doesn't is when both sides agree to the total being paid at a later date within the first year. Extremely rare. Rugby Saint II likes this.