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

TheOak · 03-16-2021, 04:14 AM

Originally Posted by gosaints1

$19M+ in dead money would like to have a conversation with you. I’m just not a fan of paying ppl not to do work for me, but to each their own. >10% of our cap allocation is on players not on our roster.

They aren’t on your roster because you removed them, that’s your problem and not theirs.

Dead money is not ‘paying people that aren’t working’, it’s deferring the recognition of their sunk cost.

gosaints1 · 03-16-2021, 11:43 AM

Originally Posted by TheOak

They aren’t on your roster because you removed them, that’s your problem and not theirs.

Dead money is not ‘paying people that aren’t working’, it’s deferring the recognition of their sunk cost.

I never said it was a player’s problem, I’ve always said it was an organizational problem. Pretty sure the Eagles are paying Wentz $34M to play somewhere else. Our players are no different. We’ll soon, post 6/1, be above that amount wrt “dead money”.

It’s simple:

1) Dead Money Players are no longer with the organization.

2) The organization is still paying them.

Say it’s for past work, say it’s for future work, say it’s for helping little old ladies across the street, say it’s for going to church, say it’s for defending daylight savings time, say it’s for enjoying wine instead of beer..., I don’t care what each of us say it’s for, bc the dogmatic truth is:

1 & 2 above are facts, unassailable.

SmashMouth · 03-15-2021, 10:25 AM

Cap management is a silly game based on how it's structured. It is what it is. I'm still glad we have it. It benefits smaller market teams bigly.

jeanpierre · 03-15-2021, 10:53 AM

Originally Posted by SmashMouth

Cap management is a silly game based on how it's structured. It is what it is. I'm still glad we have it. It benefits smaller market teams bigly.

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

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.

Rugby Saint II · 03-15-2021, 05:55 PM

Originally Posted by SmashMouth

Cap management is a silly game based on how it's structured. It is what it is. I'm still glad we have it. It benefits smaller market teams bigly.

Especially small market teams that are willing to write blank checks and push the cap forward to grow(in past years). Gail Benson, much like Tom later in life doesn't mind writing checks for the team to do well.

AsylumGuido · 03-15-2021, 06:06 PM

Originally Posted by Rugby Saint II

Especially small market teams that are willing to write blank checks and push the cap forward to grow(in past years). Gail Benson, much like Tom later in life doesn't mind writing checks for the team to do well.

Those checks were written while Tom was alive. They are just now hitting the books.

SmashMouth · 03-15-2021, 11:24 PM

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Cruize · 03-16-2021, 09:47 AM

It's hard to believe such a blatant move to subvert the cap is allowed. And on a side note, the QB position is now the most over valued position in sports.

03-16-2021, 04:14 AM	#1
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 19,047	Re: Taysom Hill creates $7.75 million in cap space with special accounting restructuring Originally Posted by gosaints1 $19M+ in dead money would like to have a conversation with you. I’m just not a fan of paying ppl not to do work for me, but to each their own. >10% of our cap allocation is on players not on our roster. They aren’t on your roster because you removed them, that’s your problem and not theirs. Dead money is not ‘paying people that aren’t working’, it’s deferring the recognition of their sunk cost. AsylumGuido likes this.

03-16-2021, 11:43 AM	#2
gosaints1 500th Post Join Date: Mar 2012 Posts: 576	Re: Taysom Hill creates $7.75 million in cap space with special accounting restructuring Originally Posted by TheOak They aren’t on your roster because you removed them, that’s your problem and not theirs. Dead money is not ‘paying people that aren’t working’, it’s deferring the recognition of their sunk cost. I never said it was a player’s problem, I’ve always said it was an organizational problem. Pretty sure the Eagles are paying Wentz $34M to play somewhere else. Our players are no different. We’ll soon, post 6/1, be above that amount wrt “dead money”. It’s simple: 1) Dead Money Players are no longer with the organization. 2) The organization is still paying them. Say it’s for past work, say it’s for future work, say it’s for helping little old ladies across the street, say it’s for going to church, say it’s for defending daylight savings time, say it’s for enjoying wine instead of beer..., I don’t care what each of us say it’s for, bc the dogmatic truth is: 1 & 2 above are facts, unassailable.
gosaints1 500th Post Join Date: Mar 2012 Posts: 576

03-15-2021, 10:25 AM	#3
SmashMouth I donated, did you? Join Date: Sep 2007 Location: Mandeville, LA Posts: 38,803 Blog Entries: 29	Re: Taysom Hill creates $7.75 million in cap space with special accounting restructuring Cap management is a silly game based on how it's structured. It is what it is. I'm still glad we have it. It benefits smaller market teams bigly. jeanpierre, Rugby Saint II and K Major like this.

03-15-2021, 10:53 AM	#4
jeanpierre Site Donor 2018 Join Date: Mar 2008 Location: Thibodaux Posts: 43,543 Blog Entries: 39	Re: Taysom Hill creates $7.75 million in cap space with special accounting restructuring Originally Posted by SmashMouth Cap management is a silly game based on how it's structured. It is what it is. I'm still glad we have it. It benefits smaller market teams bigly. Well, until the available cap money runs out... SmashMouth, gosaints1 and K Major like this.

03-15-2021, 10:56 AM	#5
SmashMouth I donated, did you? Join Date: Sep 2007 Location: Mandeville, LA Posts: 38,803 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	#6
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

03-15-2021, 05:55 PM	#7
Rugby Saint II Bounty Money $$$ Join Date: Oct 2008 Location: 5800 Airline Dr. Metairie, LA. Posts: 24,153	Re: Taysom Hill creates $7.75 million in cap space with special accounting restructuring Originally Posted by SmashMouth Cap management is a silly game based on how it's structured. It is what it is. I'm still glad we have it. It benefits smaller market teams bigly. Especially small market teams that are willing to write blank checks and push the cap forward to grow(in past years). Gail Benson, much like Tom later in life doesn't mind writing checks for the team to do well.

03-15-2021, 06:06 PM	#8
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 Rugby Saint II Especially small market teams that are willing to write blank checks and push the cap forward to grow(in past years). Gail Benson, much like Tom later in life doesn't mind writing checks for the team to do well. Those checks were written while Tom was alive. They are just now hitting the books.

03-16-2021, 09:47 AM	#10
Cruize 1000 Posts + Join Date: May 2007 Posts: 4,467	Re: Taysom Hill creates $7.75 million in cap space with special accounting restructuring It's hard to believe such a blatant move to subvert the cap is allowed. And on a side note, the QB position is now the most over valued position in sports.
Cruize 1000 Posts + Join Date: May 2007 Posts: 4,467