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this is a discussion within the Saints Community Forum; Originally Posted by BakoSaint 17 years ago Mickey Loomis and Tom Benson interviewed Sean Payton and hired him. Then a few months later Sean Payton, Mickey Loomis, and Tom Benson took a shot on a badly injured Drew Brees after ...
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01-05-2023, 03:53 PM | #31 |
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Re: We Haven’t Beat A Stable Established QB
Originally Posted by BakoSaint
^^^ THIS.
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01-05-2023, 04:01 PM | #32 |
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Re: We Haven’t Beat A Stable Established QB
More white noise.
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01-05-2023, 04:30 PM | #33 |
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Re: We Haven’t Beat A Stable Established QB
Originally Posted by BakoSaint
I appreciate differing perspectives from the norm, which I think BakoSaint's post is. Many fans (we know a few on this board) think that the Saints management knows better than any of us so whatever they decide to do is always the correct decision.
That said, I think that the Saints have a solid replacement on the player selection side of GM decisions with Jeff Ireland as evidenced by the strong drafts the Saints have had since he's been with the team. Payton doesn't make those decisions any longer and Loomis remains the glorified accountant. |
01-05-2023, 04:35 PM | #34 |
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Re: We Haven’t Beat A Stable Established QB
Originally Posted by iceshack149
Loomis is but the glue that holds the front office together. Khai Hartley is the true wizard behind the brilliant bookkeeping. Ireland definitely does a great job with the college personnel division, as well. Michael Parenton will be moving into his second year as head of pro personnel.
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01-06-2023, 09:07 AM | #35 |
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Re: We Haven’t Beat A Stable Established QB
Originally Posted by AsylumGuido
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01-07-2023, 12:27 PM | #36 |
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Re: We Haven’t Beat A Stable Established QB
Originally Posted by AsylumGuido
In that case Loomis is the glue that holds dysfunction together and enables terrible mistakes that hold us back from a great legacy. Our bookkeeping is not brilliant it is a reckless disaster. It does not take a PhD in Neurorocketry to realize you can take an existing long term contract and restructure it to add two voidable years, convert the upcoming years salary to a bonus, and prorate that and other bonuses over the length of the contract including the voidable years, thus pushing lots of IOU's back to later years. And of course players will usually agree because often the salary and bonuses they agree to extend were not guaranteed originally and would be paid later, but as bonuses they get the cash in hand guaranteed today. And then the same thing can be done to the next years salary forever, and its always cheaper in the short term to push the money forward than to cut ties, only you keep paying forever.
Our bookkeeping strategy is not brilliant and there is no GM or human or animal mascot in the league that does not know this can be done. Instead, there are sound fundamental reasons no other team takes this strategy as far as we do or uses it as long as we do. The biggest reason is that you totally give up roster flexibility. Every day other teams make hard decisions and cut players whose contracts have proved a bust. The Falcons got rid of Julio Jones and Matt Ryan at just the right time for their statistical declines. Players like Carson Wentz and Nick Foles have been unloaded over and over. But because we backload so much money, any contract bust for us is a giant cap hit even late in their contract because we backload over and over. And since we have so many backloaded contracts we always lead the league in the amount we are over the upcoming cap. Some of our players could be cut with less cap hit than Matt Ryan, though still a lot. But since we are so far over the cap, we can't even take those hits. We become trapped in tons of bad contracts that every other team in the league would cut. This pattern of being trapped in bad contracts causes more damage for several reasons. For one, by being among our highest paid players, guys like Andrus Peat and Michael Thomas become roll models for our younger players, and the message they send is that giving 50% is enough, just keep up with the limping guy and you are a star. Second, even our stars know they can slack off or get into a bar fight or become a primaddona on social media or whatever and not risk a cut, because we are the one team that can't afford to cut anyone. Also, since we can't cut busts with big contacts we have to play them, because it would look bad for the GM if Andrus Peat was making $15 million a year as the backup and there would be calls to cut him that the team could not afford. So guys like Peat must start. So that creates a predicament that we can't risk drafting extra guards in the mid rounds who might outplay Peat for much less money and create an unsolvable problem for management. So, we have to trade away most of our draft picks so that our overpaid busts don't have threats to their jobs that could create a problem for management. Don't be surprised if some long term contract dispute or personality conflict comes up where we suddenly trade away Olave or Shaheed for cheap because we can't afford to cut Michael Thomas but management can't afford to lose face by benching him. So managing the cap the way Hartley and Loomis do is not brilliant. It is short sighted and dumb. Other teams avoid it whenever possible because they know it destroys roster flexibility which destroys accountability. Also it keeps us perpetually broke and causes us to be unable to retain solid players like Hendrickson and Williams while we keep paying guys like Thomas and Peat year after year. Also the voidable years hurt us with compensatory picks, as the contracts will be voided and the players will be treated as cuts when their contracts expire, guaranteeing us no compensation if they do find a market. Jeff Ireland makes some good draft picks. He could do better if he had more draft picks and more money to retain the ones who perform well and cut them when they stop performing well. But he doesn't, because Loomis is an enabler and Hartley and Loomis are brilliant at keeping us in perpetual debt paying guys like Peat $15 million a year forever. If you can't take out the trash, your house becomes the dump. Loomis has us throwing out the kids to make room for trash. We call Loomis an Hartley wizards, we might as well call Samuel Bankman Fried and Caroline Ellison wizards for their work with FTX crypto exchange. They are wizards at accruing debt and painting themselves into a corner. |
01-14-2023, 05:40 PM | #37 |
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Re: We Haven’t Beat A Stable Established QB
Originally Posted by AsylumGuido
I wonder how many of those names you mentioned Sean Payton will take with him? My biggest fear is that he will take away our most valuable recruiting asset, Jeff Ireland.
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01-14-2023, 05:55 PM | #38 |
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Re: We Haven’t Beat A Stable Established QB
I wouldn't call the bookkeeping "brilliant" when we lose impactful players that we drafted and just kick the cap situation down the road consistently.
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01-14-2023, 06:03 PM | #39 |
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Re: We Haven’t Beat A Stable Established QB
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01-14-2023, 06:31 PM | #40 |
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Re: We Haven’t Beat A Stable Established QB
We have always had the cap available to keep any player we let go. They were let go solely because they wanted more than the Saints wanted to pay. Big difference.
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