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Rankins to J E T S !

this is a discussion within the Saints Community Forum; Originally Posted by gosaints1 Won’t there be two more “offsets” to the salary cap, similar to this year; one in 2022, and also 2023, both roughly the same, a negative $15.7M, difference between $198.2M and $182.5M? My understanding was the ...

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Old 03-22-2021, 10:45 AM   #7
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Re: Rankins to J E T S !

Originally Posted by gosaints1 View Post
Won’t there be two more “offsets” to the salary cap, similar to this year; one in 2022, and also 2023, both roughly the same, a negative $15.7M, difference between $198.2M and $182.5M? My understanding was the league didn’t want a huge salary cap reduction this year, anticipated to be down in the $150M neighborhood, so the NFL with the owner’s and player’s blessings, agreed to spread that huge cap reduction out over the next three years.

Daniel Kaplan, sports business writer:

“The salary cap, absent the NFL’s and NFLPA’s agreement to borrow from future years, would have been in the $150 million to $160 million range given the pandemic losses. But knowing the new TV deals will roughly double media income, the sport is comfortable dipping into that future largess to soften the 2021 cap decline. Future caps will rise significantly but will have to take into account this season’s borrowing of future revenue.”

https://theathletic.com/news/nfl-set...s/0WCzkKHuwVmQ

I’m not as concerned as others may be, with getting under and signing the roster, a very good roster I think also, as much as I am about the upcoming draft. Looks like our lateral freedom to sign any veterans to fill needs are going to be limited. Not only this upcoming season, but possibly the next two as well. Drafting well is always important, but now it feels almost critical. Add in dead money, which is creeping up there and will increase significantly post 6/1, stating the draft is critical is a huge understatement.
The newly announced broadcast deals will roughly double the revenues of the previous deals. Even with future adjustments I am still hearing cap numbers around $220-$225 million for 2022, and soon up to the $250 million range. With the CBA driven sharing of revenues, the cap will jump up over $300 million in short order. From what I heard today on NFL Radio from the NFL's lead counsel in the negotiations, Janet Nova, the new 11 year deals also allow for the league to renegotiate those revenues upwards during the contract span. That part is unilateral. The broadcast companies do not have the same freedom to negotiate down.

“The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty.” — Winston Churchill
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