CARR “STARTING” AS OUR QB NEXT YEAR?

BakoSaint · 03-03-2025, 09:47 AM

Originally Posted by AsylumGuido

The money has already been used. And already is not available for other uses. It's simply when it is accounted for. The total is the same regardless of when it is applied. Your credit card example isn't valid because it has interest which increases the total amount. Prorating salary against future caps is like a no interest credit card which lets you pay it off later when your income has increased.

A better example is purchasing a car for cash or using a zero interest 60 month loan for the same total sales price. Financing at 0% is always better. It gives you greater cash flow and allows you to earn interest instead.

But, that's just my take on it. It is what it is. As long as I have Saints football to watch in the Fall I'm happy one way or the other.

You are only telling half the story. While bonuses and restructures in NFL contracts are better than a credit card in that they are interest free, they are worse than a credit card in another feature. Unlike credit cards they have a feature common to some archaic business loans where the lender is able to 'call in the debt' and subject the borrower to a massive lump sum balloon payment.

A better example would be a 0% interest credit card with this lump sum balloon payment feature. Since the credit card offers 0% interest you put all your expenses on it, including your Spectrum cable monthly bill. Over time, Spectrum steadily raises its prices until your monthly bill for TV and cable is $250 a month. Tiring of the this aging company, you decide to cut the cord and switch to Netflix and Hulu for a lot less. But then you find our your credit card has this lump sum clause. They say that you are at your current credit limit, and when you are at your credit limit, if you cancel an ongoing payment, all of your balance attributed to that ongoing payment service hits your minimum payment due for the next month. They calculate and find that 24 months of Spectrum payments are on your balance, finances at 0% interest, so if you cancel spectrum you will owe $6,000 minimum payment due next month. So, you keep Spectrum, claim its wonderful and well worth the $250 a month, and continue to put more Spectrum bills on the card, bragging about its 0% interest. Meanwhile you are broke forever because all you can do is kick the can.

Mickey Loomis's cap management strategy is like one of the streets where you need to make a u-turn and every intersection has a no u-turn sign forever. We can keep anyone we want and add a few others, but we can't get rid of anyone. We stuck with continuity with DA because we knew we couldn't manage the roster turnover associated with most coaching changes. Now we are about to have Kellen Moore coaching Sean Payton and DA's roster because we can't get rid of many players. Its all a trap. If you can't make a u-turn you don't just go in the wrong direction, you make two rights and then a left, even if it takes some time. We need to cut Carr!

03-03-2025, 09:47 AM	#11
BakoSaint 1000 Posts + Join Date: Dec 2018 Posts: 2,385	Re: CARR “STARTING” AS OUR QB NEXT YEAR? Originally Posted by AsylumGuido The money has already been used. And already is not available for other uses. It's simply when it is accounted for. The total is the same regardless of when it is applied. Your credit card example isn't valid because it has interest which increases the total amount. Prorating salary against future caps is like a no interest credit card which lets you pay it off later when your income has increased. A better example is purchasing a car for cash or using a zero interest 60 month loan for the same total sales price. Financing at 0% is always better. It gives you greater cash flow and allows you to earn interest instead. But, that's just my take on it. It is what it is. As long as I have Saints football to watch in the Fall I'm happy one way or the other. You are only telling half the story. While bonuses and restructures in NFL contracts are better than a credit card in that they are interest free, they are worse than a credit card in another feature. Unlike credit cards they have a feature common to some archaic business loans where the lender is able to 'call in the debt' and subject the borrower to a massive lump sum balloon payment. A better example would be a 0% interest credit card with this lump sum balloon payment feature. Since the credit card offers 0% interest you put all your expenses on it, including your Spectrum cable monthly bill. Over time, Spectrum steadily raises its prices until your monthly bill for TV and cable is $250 a month. Tiring of the this aging company, you decide to cut the cord and switch to Netflix and Hulu for a lot less. But then you find our your credit card has this lump sum clause. They say that you are at your current credit limit, and when you are at your credit limit, if you cancel an ongoing payment, all of your balance attributed to that ongoing payment service hits your minimum payment due for the next month. They calculate and find that 24 months of Spectrum payments are on your balance, finances at 0% interest, so if you cancel spectrum you will owe $6,000 minimum payment due next month. So, you keep Spectrum, claim its wonderful and well worth the $250 a month, and continue to put more Spectrum bills on the card, bragging about its 0% interest. Meanwhile you are broke forever because all you can do is kick the can. Mickey Loomis's cap management strategy is like one of the streets where you need to make a u-turn and every intersection has a no u-turn sign forever. We can keep anyone we want and add a few others, but we can't get rid of anyone. We stuck with continuity with DA because we knew we couldn't manage the roster turnover associated with most coaching changes. Now we are about to have Kellen Moore coaching Sean Payton and DA's roster because we can't get rid of many players. Its all a trap. If you can't make a u-turn you don't just go in the wrong direction, you make two rights and then a left, even if it takes some time. We need to cut Carr! Rugby Saint II likes this.
BakoSaint 1000 Posts + Join Date: Dec 2018 Posts: 2,385