BakoSaint |
12-26-2023 12:16 PM |
Re: Saints have had the second easiest schedule this year
Unfortunately the degree that we can even rebuild and clear cap space is very minimal. We need to restructure 75% of our veterans to get under the salary cap which we are now projected to be $87-89 million under after projections of its increase have been reduced. Unfortunately a cut or trade does not clear up as much cap as a restructure on a 1 year basis, though it clears up much more long term. And Post June 1 designations do not do anything to get us under the cap in spring as they don't affect the cap until June 1. So we really can hardly even rebuild. We just have to basically not add anybody and wait for some contracts to expire. It might even make sense to trade our 1st round pick for future 1st rounders or to trade Olave for future draft picks to free up some cash to actually be able to afford to cut or trade players who have dead cap hits associated with moving on. Mickey Loomis cap Voldemort cap Sauron has got us into a very bad situation.
Also, the salary cap will not go up a lot forever. The pandemic is not the only thing that can cause an unexpected dip. It is going to go up when the repay of lower profits from the pandemic expires and new streaming deals come in. However, content providers have overbid for NFL content during the streaming wars as a way to attract subscribers to their services. As the streaming wars end and some providers merge or fold, streaming has not been very lucrative for content providers, and ultimately when streaming becomes like the networks or cable or perhaps even more consolidated and powerful, the NFL may suddenly lose its bargaining power. The streaming wars will never be in more of a loss leader mode than they are today, with streamers willing to overpay the NFL massively while giving subscribers 1 year free trials, so maxxing the cap year to year expecting infinite exponential growth is going to pinch even harder than it already is. Also don't be surprised if there is some social backlash to expanded gambling. The cash cow may expire when people find their kids or parents gambled away their mortgage and are moving back in.
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