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this is a discussion within the Saints Community Forum; anti-trust status has to do with the non profit tax status the NFL has - nothing more - nothing less. Why Does the National Football League Deserve Tax-Exempt Status? You may not know it, but the National Football League is ...
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#1 |
LB Mentallity
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Re: Who to cut (cap hits included)
anti-trust status has to do with the non profit tax status the NFL has - nothing more - nothing less.
Why Does the National Football League Deserve Tax-Exempt Status? You may not know it, but the National Football League is a nonprofit organization. It may seem absurd that a collection of teams that generated at least $9 billion in revenue last season would be given tax-exempt status, but the NFL is technically classified as a 501(c)6 organization. Here's how the IRS describes 501(c)6 tax-exempt status: Here's how the IRS describes 501(c)6 tax-exempt status: Section 501(c)(6) of the Internal Revenue Code provides for the exemption of business leagues, chambers of commerce, real estate boards, boards of trade and professional football leagues, which are not organized for profit and no part of the net earnings of which inures to the benefit of any private shareholder or individual. blah blah blah The important thing here is that we the people granted the NFL this tax exemption, even if it was decades ago (Just as we granted the leagues the anti-trust exemption for negotiating television broadcast contracts.). As a result, we can revoke that exemption if the league blacks out its fans, forces fans to pay for personal seat licenses, extorts public money from municipalities by threatening to move teams, etc.The NFL may technically be a non-profit, but it sure as hell isn't acting in the public interest. Brian Frederick: Why Does the National Football League Deserve Tax-Exempt Status? the part i keep harping on is extorts public money from municipalities by threatening to move teams, etc (they do it all the time.) this is were tax payer need to establish rights to protect there investment due to the tax money they invest into teams every year. Now common sense will make you lao and feel like a fool when you understand the screwing the NFL gives us taxpayers. The NFL like all major corporations in America they do not pay their fair share taxes and have not been doing so since the 1960s. this is one more example of how un patriotic most of the companies are here in America. yet we let it continue and carry them on our backs. ok off the soap box so with that put to bed who gets cut? any player with minimal dead cap money next year is on the hot seat. those with expiring contracts are in the fire. Originally Posted by Danno ![]() So we're about 14 over and we'll need at least 8 million for Graham, so who do you cut?Danno has a good start on the list of players on the hot seat |
"We may have lost the game, but you'll be hurting tomorrow." Doug Atkins
Last edited by hagan714; 02-03-2014 at 04:05 AM.. |
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#2 |
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Re: Who to cut (cap hits included)
Smith, Harper should be cut to get under the Salary Cap...
Sproles, Greer would have to be cut to get most of the franchise designation number for Graham... We've got alot of money tied up in Guards and Inside Linebackers... |
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#3 |
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Re: Who to cut (cap hits included)
This is how I would handle those players. I would restructure both Smith/ Harper deals to make them trade friendly if the players agreed. A trade means you get something of value instead of just a dead money acceleration... if they do not agree then they will be cut.
Regardless of agreement, I would designate Greer and Harper as post June 1 casualties. What happens then is that the cap is effected as outlined below. Smith Cap Figure $13.9m / Dead money incurred for 2014 2.3m Frees up 11.6m. Harper Cap Figure $5.8m / Dead money incurred for 2014 $3.6m Frees up $2.2m Greer Cap Figure $5.8m / Dead money incurred for 2014 2.6m frees $up 3.2m Moore cap hit 5m / Dead money incurred 2.3m frees up 3.7m Sproles is in the last year of his contract Cap Figure 4.3m dead 750k frees up 3.5m Estimated Cap Relief with out exercising 2 June 1st players $24.2m Estmated Cap Relief with Harper and Greer designated as June 1st Casualties. $27.6m The June 1st designation forces the 2014 part of the prorated bonus to be counted against the team but the remaining years are moved to 2015's cap. Colston for example. With out the J1 designation 8.3m Cap Hit / 10.1m in dead money if cut - (-1.8m) cap loss With the J1 designation 8.3m Cap Hit / 2014 - 4.5m In dead money , 2014 6.7m in dead money. A cap savings for 2014 of 3.8m |
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#4 |
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Re: Who to cut (cap hits included)
Originally Posted by TheOak
Can't say I disagree at all, but we still need to free up another 10m on top of your 27.6m. Going to be tough for Loomis this year.
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Re: Who to cut (cap hits included)
Originally Posted by blackangold
What do we need 40m for? 9m for Jimmy Graham but what is the remaining 31m for? ![]()
Probably do not need 9m for Jimmy either. i would do Jimmy's contract line this. 60m for 6 years (25m bonus and guaranteed, the rest spread out) 2014 4.1m bonus / 1m salary / 5.1m cap hit 2015 4.1m bonus / 2m salary / 6.1m cap hit 2016 4.1m bonus / 2m salary / 6.1m cap hit 2017 4.1m bonus / 5m salary / 9.1m cap hit 2018 4.1m bonus / 10m salary /14.1m total <----- Restructure or extend here. 2019 4.1m bonus / 15.4m salary / 19.1m total |
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#6 |
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Re: Who to cut (cap hits included)
Originally Posted by TheOak
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Thats what I'm curious about. Say we let several players like Smith, Harper, Moore, Greer, PT, Strief, DLP walk and maybe a few others, what are there replacement costs? In your previous example who replaces Harper, Moore, Sproles, Greer and some potential other cuts? If we cut 5 or 6 high dollar guys, we'll have to sign some replacement (or acquire depth). What do the replacements add to the cap? Bush will add 2 million, A DLP/Strief replacement will be 2 million easy. Will we acquire a cheaper version of Sproles? For how much? Promote Cadet? |
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#7 |
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Re: Who to cut (cap hits included)
Originally Posted by Danno
How many of them have to be replaced with new players vs present depth?![]()
Who is on IR that we forgot about? Which ones can you replace with the draft? I do not watch college football so I have no idea what the draft possibilities are. Draft also begs to question, we jettison a player with a draftee in mind to replace, how far do you go to make sure you get that draft pick? Harper - Can you get better for less than 5.8m? Moore - I believe Stills fills this position, if you need depth Tanner is on a futures contract. Sproles - Do you replace with depth, do we need a Sproles replacement? Can we find equal under 3.5m? Greer - Can you get better talent for 5m? We have P.Rob coming off IR. DLP - Can you get better for 2m? Draft? Strief -Can you do better for 2.5m? Draft? PT - @ 3m I do not see him going anywhere this year (final contract year). Since he is in his final year do you extend him for 3 more years to knock the 3m down to 2m? Yes I answered with more questions... its the process. ![]() Knows what is screwing with me right now? Malcom Jenkins He signed a 5 year in 2009, he is a Free Agent in 2014 look at his name and his cap hit for 2014... WTF? New Orleans Saints Salary Cap - 2014 Breakdown |
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#8 |
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Re: Who to cut (cap hits included)
Originally Posted by TheOak
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Originally Posted by blackangold
That's what I came up with before. Not exact by any means.
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Re: Who to cut (cap hits included)
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Re: Who to cut (cap hits included)
New Orleans Saints safety Malcolm Jenkins knows his future is uncertain with Kenny Vaccaro on board | NOLA.com
Jenkins is entering the final year of his rookie contract. He'll make $2.4 million in base salary in 2013 with a salary cap figure of around $4 million. Jenkins had the sixth year of his deal voided shortly after the 2010 season. |
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