So we're $3m under...

JimmyB1775 · 03-25-2012, 10:21 PM

And if we restructure Vilma, we'll get another few. Does that leave enough for Brees? I mean, if we have to pay him the $14m worth of tag money, we're screwed. It all goes against the cap, right??? Even if Loomis pays him a base of $3m, He'll need to give him a signing bonus of $20 which over 5, adds another $4 to the cap, right? This stuff is so confusing. And to top it off, NONE OF IT is in my Accounting 201 textbook. What a sham!

Danno · 03-25-2012, 10:23 PM

Drews franchise tag is already factored into the cap figure.

A long term contract may even bring that cap hit down knowing Loomis.

Belair57 · 03-25-2012, 11:39 PM

im trying not to understand the dollar figures...it bums me out, when brees is signed long term then I will know life is all good

hagan714 · 03-26-2012, 06:15 AM

lofton and chambers signing should eat that right up

alleycat_126 · 03-26-2012, 06:24 AM

Once Drew is signed and the cap goes down, I dont still don't think were done. Don't bet on being out on Hawthorne. His offers dried up once Detroit signed there LB back. Besides Seattle he has nowhere to go, He also plays every LB position.

03-25-2012, 10:21 PM	#1
JimmyB1775 100th Post Join Date: Dec 2011 Location: San Diego Posts: 216 Blog Entries: 1	So we're $3m under... And if we restructure Vilma, we'll get another few. Does that leave enough for Brees? I mean, if we have to pay him the $14m worth of tag money, we're screwed. It all goes against the cap, right??? Even if Loomis pays him a base of $3m, He'll need to give him a signing bonus of $20 which over 5, adds another $4 to the cap, right? This stuff is so confusing. And to top it off, NONE OF IT is in my Accounting 201 textbook. What a sham!

03-25-2012, 11:39 PM	#3
Belair57 500th Post Join Date: Nov 2007 Posts: 848	im trying not to understand the dollar figures...it bums me out, when brees is signed long term then I will know life is all good
Belair57 500th Post Join Date: Nov 2007 Posts: 848

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03-25-2012, 10:23 PM	#2
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,713	Drews franchise tag is already factored into the cap figure. A long term contract may even bring that cap hit down knowing Loomis.

03-26-2012, 06:15 AM	#4
hagan714 LB Mentallity Join Date: Dec 2005 Posts: 15,870 Blog Entries: 68	lofton and chambers signing should eat that right up

03-26-2012, 06:24 AM	#5
alleycat_126 1000 Posts + Join Date: Jan 2007 Location: Katy, Tx a suburb of Houston Posts: 2,089	Once Drew is signed and the cap goes down, I dont still don't think were done. Don't bet on being out on Hawthorne. His offers dried up once Detroit signed there LB back. Besides Seattle he has nowhere to go, He also plays every LB position.