Saints restructure Hawthorne's deal

RockyMountainSaint · 02-27-2013, 08:51 PM

Originally Posted by Luda34

And there it is do this and get all the way under the cap.

What is the accelerated cap hit from his prorated bonus?

RockyMountainSaint · 02-27-2013, 06:15 PM

This is starting to look like any other financial "Bubble".
The teams are paying out guaranteed $ for the ability to win now.
If these dudes get hurt or suck, the Saints are on the hook for tons of "dead money" in their cap.
Teams are banking on the cap increasing dramatically when the new tv contract kicks in.
Are they right for gambling this way?

saintsfan403 · 02-27-2013, 07:06 PM

Originally Posted by RockyMountainSaint

This is starting to look like any other financial "Bubble".
The teams are paying out guaranteed $ for the ability to win now.
If these dudes get hurt or suck, the Saints are on the hook for tons of "dead money" in their cap.
Teams are banking on the cap increasing dramatically when the new tv contract kicks in.
Are they right for gambling this way?

The ultimate open ended question. We'll just see how this all plays out.

Rugby Saint II · 02-28-2013, 02:50 PM

[QUOTE=RockyMountainSaint;482470]This is starting to look like any other financial "Bubble".
The teams are paying out guaranteed $ for the ability to win now.
If these dudes get hurt or suck, the Saints are on the hook for tons of "dead money" in their cap.

Do you mean suck like Will Smith?

FinSaint · 02-27-2013, 09:32 PM

There must have been a long line of players waiting outside of Loomis' office with each getting a check handed to them, much like Christmas bonuses in a company.

QBREES9 · 02-28-2013, 12:20 AM

How do you like Mickey now !!!!!

02-27-2013, 08:51 PM	#1
RockyMountainSaint Mmm That Smell! Join Date: Oct 1998 Location: Metairie Terrace Posts: 3,073	Re: Saints restructure Hawthorne's deal Originally Posted by Luda34 And there it is do this and get all the way under the cap. What is the accelerated cap hit from his prorated bonus?

02-27-2013, 06:15 PM	#2
RockyMountainSaint Mmm That Smell! Join Date: Oct 1998 Location: Metairie Terrace Posts: 3,073	Re: Saints restructure Hawthorne's deal This is starting to look like any other financial "Bubble". The teams are paying out guaranteed $ for the ability to win now. If these dudes get hurt or suck, the Saints are on the hook for tons of "dead money" in their cap. Teams are banking on the cap increasing dramatically when the new tv contract kicks in. Are they right for gambling this way? Attached Thumbnails

02-27-2013, 07:06 PM	#3
saintsfan403 1000 Posts + Join Date: Sep 2012 Location: WHO DAT NATION Posts: 2,261	Re: Saints restructure Hawthorne's deal Originally Posted by RockyMountainSaint This is starting to look like any other financial "Bubble". The teams are paying out guaranteed $ for the ability to win now. If these dudes get hurt or suck, the Saints are on the hook for tons of "dead money" in their cap. Teams are banking on the cap increasing dramatically when the new tv contract kicks in. Are they right for gambling this way? The ultimate open ended question. We'll just see how this all plays out.

02-28-2013, 02:50 PM	#4
Rugby Saint II Bounty Money $$$ Join Date: Oct 2008 Location: 5800 Airline Dr. Metairie, LA. Posts: 24,179	Re: Saints restructure Hawthorne's deal [QUOTE=RockyMountainSaint;482470]This is starting to look like any other financial "Bubble". The teams are paying out guaranteed $ for the ability to win now. If these dudes get hurt or suck, the Saints are on the hook for tons of "dead money" in their cap. Do you mean suck like Will Smith? K Major likes this.

02-27-2013, 09:32 PM	#5
FinSaint Site Donor 2015 Join Date: Aug 2011 Location: Finland... formerly Southern Virginia Posts: 4,964	Re: Saints restructure Hawthorne's deal There must have been a long line of players waiting outside of Loomis' office with each getting a check handed to them, much like Christmas bonuses in a company.

02-28-2013, 12:20 AM	#6
QBREES9 Moderator Join Date: Sep 2007 Location: New Haven Ct Posts: 23,990	Re: Saints restructure Hawthorne's deal How do you like Mickey now !!!!!

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