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

SmashMouth · 03-15-2021, 10:56 AM

Originally Posted by jeanpierre

Well, until the available cap money runs out...

Declines in revenue have already begun. Reductions in cap are sure to follow.

AsylumGuido · 03-15-2021, 12:19 PM

Originally Posted by SmashMouth

Declines in revenue have already begun. Reductions in cap are sure to follow.

Cap is directly related to revenue. This year is the first time since the cap was instigated that revenues were down from the previous year and it was directly related to the loss in game day revenues due to COVID-19 restrictions. Those gameday revenues will return this year. However, the vast majority of revenues come from broadcast contracts and those are expected to DOUBLE over the last round of contracts from back in 2013.

The cap will be rising faster than ever and is expected to top $300 million by the middle of this decade. That is a fact.

03-15-2021, 10:56 AM	#1
SmashMouth I donated, did you? Join Date: Sep 2007 Location: Mandeville, LA Posts: 38,805 Blog Entries: 29	Re: Taysom Hill creates $7.75 million in cap space with special accounting restructuring Originally Posted by jeanpierre Well, until the available cap money runs out... Declines in revenue have already begun. Reductions in cap are sure to follow.

03-15-2021, 12:19 PM	#2
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,622	Re: Taysom Hill creates $7.75 million in cap space with special accounting restructuring Originally Posted by SmashMouth Declines in revenue have already begun. Reductions in cap are sure to follow. Cap is directly related to revenue. This year is the first time since the cap was instigated that revenues were down from the previous year and it was directly related to the loss in game day revenues due to COVID-19 restrictions. Those gameday revenues will return this year. However, the vast majority of revenues come from broadcast contracts and those are expected to DOUBLE over the last round of contracts from back in 2013. The cap will be rising faster than ever and is expected to top $300 million by the middle of this decade. That is a fact.
	“The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty.” — Winston Churchill