2024 Saints Salary Cap Watch

AsylumGuido · 02-24-2024, 12:35 PM

AsylumGuido · 02-24-2024, 12:39 PM

The 2024 salary cap final number comes in at $13 million more than the projected number of $242.5 million! This immediately reduces the Saints' cap deficit by that same $13 million!

AsylumGuido · 02-24-2024, 12:43 PM

Originally Posted by BakoSaint

What do you mean by 'consistently' and why can it only work if used 'consistently'? Its essentially debt guaranteed against an asset (the player) that can be financed interest free but triggers a balloon payment if the asset (player) is disposed of (cut or trade). So its a lot like mortgages on real estate. Could mortgages for a real estate holding company only work to their greatest advantage if they are used consistently? Or could that real estate company weather downturns and rid itself of liabilities faster if it held some assets without mortgages or didn't mortgage every asset to the maximum extent?

Likewise, might it not be to the Saints advantage if given the uncertainty around Ryan Ramczyk's future, his contract was left as-is to provide flexibility should he suddenly be forced into retirement or be unable to perform? And likewise, might it not be to the Saints greatest advantage if they had the financial flexibility to exit Derek Carr's contract in the 2025 offseason, just like it was to the advantage of recent Super Bowl teams to be able to exit the contracts of Alex Smith, Jimmy Garappalo, Caron Wentz, Jared Goff, Andy Dalton, and Jameis Winston when needed?

Why would we want to exit the contract of our franchise QB?

BakoSaint · 02-24-2024, 01:16 PM

Originally Posted by AsylumGuido

Why would we want to exit the contract of our franchise QB?

You did not answer my questions.

I will answer yours, please return the favor regarding my previous questions.

Derek Carr is due $40 million in 2025 and $50 million in 2026. His wins in 2023 came against the league wide GOAT Franchise QB stars Ryan Tannehill, Bryce Young, Mac Jones, Garrett Minshew, Tyson Bagent, and Tommy Devito while he was 1-1 against Baker Mayfield and Desmond Ridder. The world where Derek Carr has silenced all his critics and is definitely the player who is bringing us super bowl glory worthy of $40-$50 million dollar future salaries is a ridiculous fantasy that does not exist. Every sane person who follows the NFL is well aware that this should be a make or break year for Carr in New Orleans and that he is very much 100% at a similar point in his career to players like Russell Wilson, Alex Smith, Garappalo, Wentz, Ryan, etc whose teams wisely moved on. We would want the option to exit the contract of our 'franchise quarterback' because it is not remotely clear that he can ever be a franchise quarterback, he is ranked ranked in the bottom half of quarterbacks in the league in the vast majority of rankings, and another NFL franchise went out of its way to exit his contract just under 12 months ago. I hope he has a good season, but in the real world if you want to survive you hope for the best and plan for the worst.

Danno · 03-18-2024, 07:54 PM

Originally Posted by Danno

Every year same concerns,
Every year restructures get us under the cap.
Rinse-repeat

Every year

AsylumGuido · 03-19-2024, 07:27 AM

Originally Posted by Danno

Every year

Yup. That's why they structure the contracts the way they do. This is simply the methodology they choose to use. It simply accounts for the same cash every other team spends in later periods when it counts as a smaller percentage of the cap. They don't do it because they have to do it. They do it because that is the accounting strategy they chose to use almost two decades ago.

BakoSaint · 03-19-2024, 10:37 AM

Originally Posted by AsylumGuido

Yup. That's why they structure the contracts the way they do. This is simply the methodology they choose to use. It simply accounts for the same cash every other team spends in later periods when it counts as a smaller percentage of the cap. They don't do it because they have to do it. They do it because that is the accounting strategy they chose to use almost two decades ago.

And during those two decades they had 15 seasons of a top 5 all time QB and came out with only one ring which occurred very early in the run, indicating the methodology is not sustainably successful if your goal is to win championships. If your goal is to have an above average number of wins when you have have a top 5 all time HOF QB, avoid ever having one down season to get a high draft pick to help him out, and go about .500 when you don't have a HOF QB, then the methodology is amazing.

Sinner · 03-19-2024, 10:44 AM

Originally Posted by BakoSaint

And during those two decades they had 15 seasons of a top 5 all time QB and came out with only one ring which occurred very early in the run, indicating the methodology is not sustainably successful if your goal is to win championships. If your goal is to have an above average number of wins when you have have a top 5 all time HOF QB, avoid ever having one down season to get a high draft pick to help him out, and go about .500 when you don't have a HOF QB, then the methodology is amazing.

Salient Points. ^^^

AsylumGuido · 03-19-2024, 11:22 AM

Originally Posted by BakoSaint

And during those two decades they had 15 seasons of a top 5 all time QB and came out with only one ring which occurred very early in the run, indicating the methodology is not sustainably successful if your goal is to win championships. If your goal is to have an above average number of wins when you have have a top 5 all time HOF QB, avoid ever having one down season to get a high draft pick to help him out, and go about .500 when you don't have a HOF QB, then the methodology is amazing.

Only three teams over that period of time have won more games than the New Orleans Saints. They are also the only team other than the Steelers to have not won less than seven games per year during that same stretch. They aren't going to change how they do business just for you. Your schtick is getting extremely old and it's becoming more and more clear why you were banned from that other site, a fact that you are so proud to share, by the way.

And, yes, the goal is to remain competitive year after year, and given our first 40 years of existence I have no problem with that at all, as does the vast majority of true Saints fans. As long as you are competitive you always have a chance to win it all.

saintsfan1976 · 02-28-2024, 10:27 AM

Ramczyk
Jordan
Demario
Taysom
Mathieu
Maye

Potential restructures that get us in the black with room to spend.

Michael Thomas is gone.
Does Lattimore get traded?
Cut Hurst and save $4MM.

02-24-2024, 12:35 PM	#1
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,573	Re: 2024 Saints Salary Cap Watch Twitter

02-24-2024, 12:39 PM	#2
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,573	Re: 2024 Saints Salary Cap Watch The 2024 salary cap final number comes in at $13 million more than the projected number of $242.5 million! This immediately reduces the Saints' cap deficit by that same $13 million! Twitter

02-24-2024, 12:43 PM	#3
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,573	Re: 2024 Saints Salary Cap Watch Originally Posted by BakoSaint What do you mean by 'consistently' and why can it only work if used 'consistently'? Its essentially debt guaranteed against an asset (the player) that can be financed interest free but triggers a balloon payment if the asset (player) is disposed of (cut or trade). So its a lot like mortgages on real estate. Could mortgages for a real estate holding company only work to their greatest advantage if they are used consistently? Or could that real estate company weather downturns and rid itself of liabilities faster if it held some assets without mortgages or didn't mortgage every asset to the maximum extent? Likewise, might it not be to the Saints advantage if given the uncertainty around Ryan Ramczyk's future, his contract was left as-is to provide flexibility should he suddenly be forced into retirement or be unable to perform? And likewise, might it not be to the Saints greatest advantage if they had the financial flexibility to exit Derek Carr's contract in the 2025 offseason, just like it was to the advantage of recent Super Bowl teams to be able to exit the contracts of Alex Smith, Jimmy Garappalo, Caron Wentz, Jared Goff, Andy Dalton, and Jameis Winston when needed? Why would we want to exit the contract of our franchise QB?

02-24-2024, 01:16 PM	#4
BakoSaint 1000 Posts + Join Date: Dec 2018 Posts: 2,347	Re: 2024 Saints Salary Cap Watch Originally Posted by AsylumGuido Why would we want to exit the contract of our franchise QB? You did not answer my questions. I will answer yours, please return the favor regarding my previous questions. Derek Carr is due $40 million in 2025 and $50 million in 2026. His wins in 2023 came against the league wide GOAT Franchise QB stars Ryan Tannehill, Bryce Young, Mac Jones, Garrett Minshew, Tyson Bagent, and Tommy Devito while he was 1-1 against Baker Mayfield and Desmond Ridder. The world where Derek Carr has silenced all his critics and is definitely the player who is bringing us super bowl glory worthy of $40-$50 million dollar future salaries is a ridiculous fantasy that does not exist. Every sane person who follows the NFL is well aware that this should be a make or break year for Carr in New Orleans and that he is very much 100% at a similar point in his career to players like Russell Wilson, Alex Smith, Garappalo, Wentz, Ryan, etc whose teams wisely moved on. We would want the option to exit the contract of our 'franchise quarterback' because it is not remotely clear that he can ever be a franchise quarterback, he is ranked ranked in the bottom half of quarterbacks in the league in the vast majority of rankings, and another NFL franchise went out of its way to exit his contract just under 12 months ago. I hope he has a good season, but in the real world if you want to survive you hope for the best and plan for the worst.
BakoSaint 1000 Posts + Join Date: Dec 2018 Posts: 2,347

03-18-2024, 07:54 PM	#5
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,751	Re: 2024 Saints Salary Cap Watch Originally Posted by Danno Every year same concerns, Every year restructures get us under the cap. Rinse-repeat Every year UK_WhoDat likes this.

03-19-2024, 07:27 AM	#6
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,573	Re: 2024 Saints Salary Cap Watch Originally Posted by Danno Every year Yup. That's why they structure the contracts the way they do. This is simply the methodology they choose to use. It simply accounts for the same cash every other team spends in later periods when it counts as a smaller percentage of the cap. They don't do it because they have to do it. They do it because that is the accounting strategy they chose to use almost two decades ago. Danno likes this.

03-19-2024, 10:37 AM	#7
BakoSaint 1000 Posts + Join Date: Dec 2018 Posts: 2,347	Re: 2024 Saints Salary Cap Watch Originally Posted by AsylumGuido Yup. That's why they structure the contracts the way they do. This is simply the methodology they choose to use. It simply accounts for the same cash every other team spends in later periods when it counts as a smaller percentage of the cap. They don't do it because they have to do it. They do it because that is the accounting strategy they chose to use almost two decades ago. And during those two decades they had 15 seasons of a top 5 all time QB and came out with only one ring which occurred very early in the run, indicating the methodology is not sustainably successful if your goal is to win championships. If your goal is to have an above average number of wins when you have have a top 5 all time HOF QB, avoid ever having one down season to get a high draft pick to help him out, and go about .500 when you don't have a HOF QB, then the methodology is amazing. SmashMouth and Sinner like this.
BakoSaint 1000 Posts + Join Date: Dec 2018 Posts: 2,347

03-19-2024, 10:44 AM	#8
Sinner 1000 Posts + Join Date: Nov 2010 Posts: 4,065	Re: 2024 Saints Salary Cap Watch Originally Posted by BakoSaint And during those two decades they had 15 seasons of a top 5 all time QB and came out with only one ring which occurred very early in the run, indicating the methodology is not sustainably successful if your goal is to win championships. If your goal is to have an above average number of wins when you have have a top 5 all time HOF QB, avoid ever having one down season to get a high draft pick to help him out, and go about .500 when you don't have a HOF QB, then the methodology is amazing. Salient Points. ^^^
Sinner 1000 Posts + Join Date: Nov 2010 Posts: 4,065

03-19-2024, 11:22 AM	#9
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,573	Re: 2024 Saints Salary Cap Watch Originally Posted by BakoSaint And during those two decades they had 15 seasons of a top 5 all time QB and came out with only one ring which occurred very early in the run, indicating the methodology is not sustainably successful if your goal is to win championships. If your goal is to have an above average number of wins when you have have a top 5 all time HOF QB, avoid ever having one down season to get a high draft pick to help him out, and go about .500 when you don't have a HOF QB, then the methodology is amazing. Only three teams over that period of time have won more games than the New Orleans Saints. They are also the only team other than the Steelers to have not won less than seven games per year during that same stretch. They aren't going to change how they do business just for you. Your schtick is getting extremely old and it's becoming more and more clear why you were banned from that other site, a fact that you are so proud to share, by the way. And, yes, the goal is to remain competitive year after year, and given our first 40 years of existence I have no problem with that at all, as does the vast majority of true Saints fans. As long as you are competitive you always have a chance to win it all.
	“The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty.” — Winston Churchill

02-28-2024, 10:27 AM	#10
saintsfan1976 10000 POST CLUB Join Date: Apr 2007 Location: Atlanta Posts: 10,995 Blog Entries: 3	Re: 2024 Saints Salary Cap Watch Ramczyk Jordan Demario Taysom Mathieu Maye Potential restructures that get us in the black with room to spend. Michael Thomas is gone. Does Lattimore get traded? Cut Hurst and save $4MM.