2024 Salary Cap Likely to be Higher Than Projected

AsylumGuido · 02-19-2024, 12:18 PM

Once again initial projections of the salary cap have been underinflated.

SmashMouth · 02-19-2024, 01:10 PM

Article does not say what it was last year. Just what it was eons ago.

Here is the Spotrac info. And you can filter by year.

It appears to be a $20 million difference.

Lots of dead cap $, yikes. Effectively managed, the Saints still can over time get themselves out of the overspending frenzy under which they've justified their decisions. It's in essence a $63 million difference they need to manage with restructures, etc...

AsylumGuido · 02-19-2024, 03:05 PM

Originally Posted by SmashMouth

Article does not say what it was last year. Just what it was eons ago.

Here is the Spotrac info. And you can filter by year.

It appears to be a $20 million difference.

Lots of dead cap $, yikes. Effectively managed, the Saints still can over time get themselves out of the overspending frenzy under which they've justified their decisions. It's in essence a $63 million difference they need to manage with restructures, etc...

Last year's cap was $224,800,000.

The Saints only have $2.841 million of dead cap for 2024. That's the 11th lowest figure in the league. Twenty-one teams have more dead cap than the Saints in 2024. The league average is $7.7 million. Twelve teams have over $10.5 million in dead cap.

stickman · 02-19-2024, 01:19 PM

However much it increases, we need it.

Rugby Saint II · 02-19-2024, 01:37 PM

I know that some folks don't like living on a credit card. But we have millions of extra dollars every year to spend on the team now and pay later with more money from the salary cap increase. The best thing about living on the credit card in the NFL is that there are no credit card fees. Just free money that increases every year that we don't have an epidemic.

For Klint Kubiak to succeed we need to invest heavily this year on the O line in free agency as well as early and often in the draft. Maybe even give him a possession receiver. While we're at it, let's get an edge to get after the QB. Just sayin'.

Do we push the cap too tightly? Yes! Do I expect to change how much money we owe future players? Yes. Mickey even hinted at getting back to a more manageable salary cap at the end of the season. We will restructure contracts but they won't be as cumbersome. It may take a couple of years but if the salary cap keeps increasing more than expected each year then we'll catch up even sooner.

AsylumGuido · 02-19-2024, 02:57 PM

People around here claim that the Saints are the worst about voidable year contracts creating dead cap. Take a look at this. This is a list of all contracts that void today. I see lots of teams in that list, but I don't see the Saints. Voidable years is becoming more and more commonplace in today's way of managing cap.

BakoSaint · 02-19-2024, 04:39 PM

Originally Posted by AsylumGuido

People around here claim that the Saints are the worst about voidable year contracts creating dead cap. Take a look at this. This is a list of all contracts that void today. I see lots of teams in that list, but I don't see the Saints. Voidable years is becoming more and more commonplace in today's way of managing cap.

https://twitter.com/Jason_OTC/status...46034597142589

We don’t have any contracts voiding because the dead cap hits when they void. We extend our geriatrics because we can’t afford not to. You don’t get to be the oldest and most expensive roster in the NFL while flirting with .500 by smartly letting contracts expire before your players get too old and decline. Then when they do void its after they have been lagging for years and we pay more.

For context the dead cap hits will be $20 million for Michael Thomas, $13 million for Andrus Peat (if not extended), and $11 million for Jameis Winston but in perhaps his most brilliant maneuver as a GM in the past 14 years, Mickey Loomis set their contracts to void on a different day so they would not appear in Guidos figure.

AsylumGuido · 02-19-2024, 04:43 PM

Originally Posted by BakoSaint

We don’t have any contracts voiding because the dead cap hits when they void. We extend our geriatrics because we can’t afford not to. You don’t get to be the oldest and most expensive roster in the NFL while flirting with .500 by smartly letting contracts expire before your players get too old and decline.

How do you go about setting up one of those things? Thinking about www.MuteBakoSaint.com. Probably already taken.

AsylumGuido · 02-19-2024, 04:45 PM

Hey, sinner guy, you need to join bako's site! LOL!

BakoSaint · 02-19-2024, 04:55 PM

Originally Posted by AsylumGuido

How do you go about setting up one of those things? Thinking about www.MuteBakoSaint.com. Probably already taken.

I used google domains but it is being sold off and taken over by a smaller company which is annoying. I was able to create and host the site free from google sites. All very easy. Hoping it wont get complicated when the sell off out of of google is complete. www.extenddennisallenforlife.com is probably available for you.

02-19-2024, 12:18 PM	#1
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,472	2024 Salary Cap Likely to be Higher Than Projected Once again initial projections of the salary cap have been underinflated. Twitter

02-19-2024, 01:10 PM	#2
SmashMouth I donated, did you? Join Date: Sep 2007 Location: Mandeville, LA Posts: 38,477 Blog Entries: 29	Re: 2024 Salary Cap Likely to be Higher Than Projected Article does not say what it was last year. Just what it was eons ago. Here is the Spotrac info. And you can filter by year. It appears to be a $20 million difference. Lots of dead cap $, yikes. Effectively managed, the Saints still can over time get themselves out of the overspending frenzy under which they've justified their decisions. It's in essence a $63 million difference they need to manage with restructures, etc...
	Last edited by SmashMouth; 02-19-2024 at 01:22 PM..

02-19-2024, 03:05 PM	#3
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,472	Re: 2024 Salary Cap Likely to be Higher Than Projected Originally Posted by SmashMouth Article does not say what it was last year. Just what it was eons ago. Here is the Spotrac info. And you can filter by year. It appears to be a $20 million difference. Lots of dead cap $, yikes. Effectively managed, the Saints still can over time get themselves out of the overspending frenzy under which they've justified their decisions. It's in essence a $63 million difference they need to manage with restructures, etc... Last year's cap was $224,800,000. The Saints only have $2.841 million of dead cap for 2024. That's the 11th lowest figure in the league. Twenty-one teams have more dead cap than the Saints in 2024. The league average is $7.7 million. Twelve teams have over $10.5 million in dead cap. SmashMouth likes this.

02-19-2024, 01:19 PM	#4
stickman 1000 Posts + Join Date: Oct 2012 Location: Gonzales, LA Posts: 1,754	Re: 2024 Salary Cap Likely to be Higher Than Projected However much it increases, we need it. SmashMouth likes this.

02-19-2024, 01:37 PM	#5
Rugby Saint II Bounty Money $$$ Join Date: Oct 2008 Location: 5800 Airline Dr. Metairie, LA. Posts: 24,117	Re: 2024 Salary Cap Likely to be Higher Than Projected I know that some folks don't like living on a credit card. But we have millions of extra dollars every year to spend on the team now and pay later with more money from the salary cap increase. The best thing about living on the credit card in the NFL is that there are no credit card fees. Just free money that increases every year that we don't have an epidemic. For Klint Kubiak to succeed we need to invest heavily this year on the O line in free agency as well as early and often in the draft. Maybe even give him a possession receiver. While we're at it, let's get an edge to get after the QB. Just sayin'. Do we push the cap too tightly? Yes! Do I expect to change how much money we owe future players? Yes. Mickey even hinted at getting back to a more manageable salary cap at the end of the season. We will restructure contracts but they won't be as cumbersome. It may take a couple of years but if the salary cap keeps increasing more than expected each year then we'll catch up even sooner.
	There Are Two Kinds Of People In This World Being A Rugby Player Is Better Than Both Of Them

02-19-2024, 02:57 PM	#6
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,472	Re: 2024 Salary Cap Likely to be Higher Than Projected People around here claim that the Saints are the worst about voidable year contracts creating dead cap. Take a look at this. This is a list of all contracts that void today. I see lots of teams in that list, but I don't see the Saints. Voidable years is becoming more and more commonplace in today's way of managing cap. Twitter

02-19-2024, 04:39 PM	#7
BakoSaint 1000 Posts + Join Date: Dec 2018 Posts: 2,304	Re: 2024 Salary Cap Likely to be Higher Than Projected Originally Posted by AsylumGuido People around here claim that the Saints are the worst about voidable year contracts creating dead cap. Take a look at this. This is a list of all contracts that void today. I see lots of teams in that list, but I don't see the Saints. Voidable years is becoming more and more commonplace in today's way of managing cap. https://twitter.com/Jason_OTC/status...46034597142589 We don’t have any contracts voiding because the dead cap hits when they void. We extend our geriatrics because we can’t afford not to. You don’t get to be the oldest and most expensive roster in the NFL while flirting with .500 by smartly letting contracts expire before your players get too old and decline. Then when they do void its after they have been lagging for years and we pay more. For context the dead cap hits will be $20 million for Michael Thomas, $13 million for Andrus Peat (if not extended), and $11 million for Jameis Winston but in perhaps his most brilliant maneuver as a GM in the past 14 years, Mickey Loomis set their contracts to void on a different day so they would not appear in Guidos figure. Sinner likes this.
BakoSaint 1000 Posts + Join Date: Dec 2018 Posts: 2,304	Last edited by BakoSaint; 02-19-2024 at 04:51 PM..

02-19-2024, 04:43 PM	#8
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,472	Re: 2024 Salary Cap Likely to be Higher Than Projected Originally Posted by BakoSaint We don’t have any contracts voiding because the dead cap hits when they void. We extend our geriatrics because we can’t afford not to. You don’t get to be the oldest and most expensive roster in the NFL while flirting with .500 by smartly letting contracts expire before your players get too old and decline. How do you go about setting up one of those things? Thinking about www.MuteBakoSaint.com. Probably already taken.

02-19-2024, 04:45 PM	#9
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,472	Re: 2024 Salary Cap Likely to be Higher Than Projected Hey, sinner guy, you need to join bako's site! LOL!

02-19-2024, 04:55 PM	#10
BakoSaint 1000 Posts + Join Date: Dec 2018 Posts: 2,304	Re: 2024 Salary Cap Likely to be Higher Than Projected Originally Posted by AsylumGuido How do you go about setting up one of those things? Thinking about www.MuteBakoSaint.com. Probably already taken. I used google domains but it is being sold off and taken over by a smaller company which is annoying. I was able to create and host the site free from google sites. All very easy. Hoping it wont get complicated when the sell off out of of google is complete. www.extenddennisallenforlife.com is probably available for you. Sinner likes this.
BakoSaint 1000 Posts + Join Date: Dec 2018 Posts: 2,304