You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!!

Jack Vegas · 02-25-2014, 02:16 PM

Up to $135 million now. Whatever problem we may have had signing Jimmy just evaporated.

Source: Cap will be higher than $132 million | ProFootballTalk

Utah_Saint · 02-25-2014, 02:22 PM

Sweet!!

When Drew's deal was done, one of the writers said the annual increases in cap hits would be offset by the increases in the salary cap. Looks like he was right.

Loomis is looking pretty smart once again.

TheOak · 02-25-2014, 02:44 PM

We shall find out shortly.. The Cap was set on the following dates in previous years. Free Agency starts Mar 3rd and we have to be under it by Mar 11, so "it" is coming soon.

2013 Feb 28
2012 Mar 11

Screw it! let Jimmy go and use the extra cap space to make this a better team in all areas.

TheOak · 02-25-2014, 02:45 PM

I chuckle at the driving force behind it.. Smith needs to get reelected, and Goodell has him in his pocket.

You are corrupt, and you are corrupt, and you are corrupt.....

exile · 02-25-2014, 03:32 PM

Good news: The cap will be higher
Bad news: Players will want to get paid more

hagan714 · 02-25-2014, 03:37 PM

and the nfl still does not pay taxes?

TheOak · 02-25-2014, 03:53 PM

Originally Posted by hagan714

and the nfl still does not pay taxes?

Haven't we gone over this before?

The league office does not pay taxes, all 32 teams do (collectively around 400m/year). If the league office lost its status it would only pay another 10m on top of that.

Here, a little something to read.
NFL explains that it does indeed pay taxes | ProFootballTalk

Perhaps you would rather the league office pay taxes and stop their charity work?
https://www.nflcharities.org/pdf/Chr...es%20FINAL.pdf

Something you may not know:
The Saints owe their team to the NFL's tax exempt status. Senator Russell Long bartered the franchise for tax exempt status and a no antitrust ruling when the NFL and AFL merged.
great Read:
Why the NFL is Tax-Exempt

Rugby Saint II · 02-25-2014, 04:08 PM

Originally Posted by TheOak

Haven't we gone over this before?

The league office does not pay taxes, all 32 teams do (collectively around 400m/year). If the league office lost its status it would only pay another 10m on top of that.

Here, a little something to read.
NFL explains that it does indeed pay taxes | ProFootballTalk

Perhaps you would rather the league office pay taxes and stop their charity work?
https://www.nflcharities.org/pdf/Chr...es%20FINAL.pdf

Something you may not know:
The Saints owe their team to the NFL's tax exempt status. Senator Russell Long bartered the franchise for tax exempt status and a no antitrust ruling when the NFL and AFL merged.
great Read:
Why the NFL is Tax-Exempt

This is some great info. I didn't have a clue.

jeanpierre · 02-25-2014, 05:36 PM

Originally Posted by Utah_Saint

Loomis is looking pretty smart once again.

We should never have had so little cap space...

SmashMouth · 02-25-2014, 09:53 PM

Just because your credit card has a limit increase, does not mean you need to max it out... unless you're in Washington DC.

02-25-2014, 02:16 PM	#1
Jack Vegas 1000 Posts + Join Date: Jul 2011 Posts: 2,254	You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!! Up to $135 million now. Whatever problem we may have had signing Jimmy just evaporated. Source: Cap will be higher than $132 million \| ProFootballTalk TheOak likes this.
Jack Vegas 1000 Posts + Join Date: Jul 2011 Posts: 2,254

02-25-2014, 02:22 PM	#2
Utah_Saint Site Donor 2019 Join Date: Jan 2012 Location: Salt Lake City, Utah Posts: 3,521	Re: You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!! Sweet!! When Drew's deal was done, one of the writers said the annual increases in cap hits would be offset by the increases in the salary cap. Looks like he was right. Loomis is looking pretty smart once again.

02-25-2014, 02:44 PM	#3
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 19,027	Re: You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!! We shall find out shortly.. The Cap was set on the following dates in previous years. Free Agency starts Mar 3rd and we have to be under it by Mar 11, so "it" is coming soon. 2013 Feb 28 2012 Mar 11 Screw it! let Jimmy go and use the extra cap space to make this a better team in all areas.
	Last edited by TheOak; 02-25-2014 at 02:46 PM..

02-25-2014, 02:45 PM	#4
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 19,027	Re: You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!! I chuckle at the driving force behind it.. Smith needs to get reelected, and Goodell has him in his pocket. You are corrupt, and you are corrupt, and you are corrupt.....

02-25-2014, 03:32 PM	#5
exile Cake or Death? Join Date: Sep 2009 Posts: 3,608	Re: You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!! Good news: The cap will be higher Bad news: Players will want to get paid more
exile Cake or Death? Join Date: Sep 2009 Posts: 3,608

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02-25-2014, 03:37 PM	#6
hagan714 LB Mentallity Join Date: Dec 2005 Posts: 15,870 Blog Entries: 68	Re: You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!! and the nfl still does not pay taxes?

02-25-2014, 03:53 PM	#7
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 19,027	Re: You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!! Originally Posted by hagan714 and the nfl still does not pay taxes? Haven't we gone over this before? The league office does not pay taxes, all 32 teams do (collectively around 400m/year). If the league office lost its status it would only pay another 10m on top of that. Here, a little something to read. NFL explains that it does indeed pay taxes \| ProFootballTalk Perhaps you would rather the league office pay taxes and stop their charity work? https://www.nflcharities.org/pdf/Chr...es%20FINAL.pdf Something you may not know: The Saints owe their team to the NFL's tax exempt status. Senator Russell Long bartered the franchise for tax exempt status and a no antitrust ruling when the NFL and AFL merged. great Read: Why the NFL is Tax-Exempt
	It's not what you look at that matters, it's what you see. ~ Henry David Thoreau

02-25-2014, 04:08 PM	#8
Rugby Saint II Bounty Money $$$ Join Date: Oct 2008 Location: 5800 Airline Dr. Metairie, LA. Posts: 24,073	Re: You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!! Originally Posted by TheOak Haven't we gone over this before? The league office does not pay taxes, all 32 teams do (collectively around 400m/year). If the league office lost its status it would only pay another 10m on top of that. Here, a little something to read. NFL explains that it does indeed pay taxes \| ProFootballTalk Perhaps you would rather the league office pay taxes and stop their charity work? https://www.nflcharities.org/pdf/Chr...es%20FINAL.pdf Something you may not know: The Saints owe their team to the NFL's tax exempt status. Senator Russell Long bartered the franchise for tax exempt status and a no antitrust ruling when the NFL and AFL merged. great Read: Why the NFL is Tax-Exempt This is some great info. I didn't have a clue.

02-25-2014, 05:36 PM	#9
jeanpierre Site Donor 2018 Join Date: Mar 2008 Location: Thibodaux Posts: 43,543 Blog Entries: 39	Re: You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!! Originally Posted by Utah_Saint Loomis is looking pretty smart once again. We should never have had so little cap space...

02-25-2014, 09:53 PM	#10
SmashMouth I donated, did you? Join Date: Sep 2007 Location: Mandeville, LA Posts: 38,201 Blog Entries: 29	Re: You get more cap room and you get more cap room!! EVERYBODY GETS MORE CAP ROOM!!! Just because your credit card has a limit increase, does not mean you need to max it out... unless you're in Washington DC.

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