AsylumGuido

Loomis has been criticized by some over dead cap that do not have a clue how salary caps work in the first place.

There are two different types of dead money that can occur within an NFL cap. Realized and unrealized. Or you can call them earned and unearned. Unrealized or unearned dead money occurs when a player is traded or released prior to the end of their effective contract. It is in the form of future guarantees that were never offset by time served by the player for the team or payment for services never rendered. The second type of dead money is realized or earned, or in other words, accounting of payment for services fully rendered in the past within later periods, commonly in the form of voidable years. This second type is what the Saints have most commonly leveraged.

Think of the first as bad cholesterol and the second as good cholesterol.

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