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Who to cut (cap hits included)

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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Old 02-03-2014, 03:43 AM   #21
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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?

I know Loomis will likely restructure several players but this kinda gives yo a good indicator who may be asked to restructure or clean out their locker..

Approximated cap savings if cut (hopefully some restructure)...
Cap hit minus dead money = Cap savings if cut
Will Smith - 13,902,451 - 2,352,451 = 11,550,000
Darren Sproles - 4,250,000 - 750,000 = 3,500,000
Jabari Greer - 5,825,000 – 2,650,000 = 3,175,000
Pierre Thomas – 2,900,000 – 0 = 2,900,000
Lance Moore - 5,068,750 - 2,357,500 = 2,711,250
Roman Harper - 5,870,000 - 3,690,000 = 2,180,000
Mark Ingram - 2,359,875 - 973,500 = 1,386,375
Patrick Robinson - 2,804,333 - 1,446,833 = 1,357,500

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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