Saints 2022 Cap Restructure Potential

AsylumGuido · 02-17-2022, 10:19 AM

Originally Posted by saintsfan1976

New facts won't stop the narrative but it's nice to see some willing to explain we're more than capable of fielding a top flight team next season.

The problem is that the narrative is being perpetrated by a media that does not understand the accounting principles behind this relatively new strategy. Nick Underhill is one that appears to "get it". I posted an interview with Khai Hartley recently where he mentioned their use of GAAP (generally accepted accounting principles) when dealing with the CBA and cap. It is a sound methodology. While a background in accounting makes it easier to understand, it isn't necessary.

02-17-2022, 10:19 AM	#8
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,701	Re: Saints 2022 Cap Restructure Potential Originally Posted by saintsfan1976 New facts won't stop the narrative but it's nice to see some willing to explain we're more than capable of fielding a top flight team next season. The problem is that the narrative is being perpetrated by a media that does not understand the accounting principles behind this relatively new strategy. Nick Underhill is one that appears to "get it". I posted an interview with Khai Hartley recently where he mentioned their use of GAAP (generally accepted accounting principles) when dealing with the CBA and cap. It is a sound methodology. While a background in accounting makes it easier to understand, it isn't necessary.