Cash On Hand

AsylumGuido · 03-11-2014, 10:02 AM

Originally Posted by TheOak

Nothing of what has been said in this thread speaks to liquidity, only assets or net worth.

Net Worth = assets - liabilities. Cash is only a portion of assets and since you are so confident in his cash holdings what are they?

Back to my original point; bonuses cant be paid to claim a tax deduction if there is not enough cash on hand to do so.

In regards to "can get", sure he can get, but at what cost?

I wasn't wondering, but thanks. I do not have a degree in accounting, I did sleep at a Holiday Inn Express though.

"Dumb" and "Crazy".. I see why you are the "Ambassador"

One question still remains... With all the incentive to restructure and give bonuses to get a tax break... Why haven't some of the most beneficial to the team contracts not been restructured?

You're right, I apologize, but why restructure anything unless or until it is necessary? While restructuring frees up short-term cap it always comes at a long-term cost. The Saints are not in any dire straits right now. I don't understand this concern.

But back to your original post where you wondered about the cuts as opposed to restructuring. I feel it has a lot to do with the CBA an the rookie contract structures. Younger players are now much more cap friendly. Free agents are also more abundant due to the increased number of cuts, thus leading to lower salaries. It is like a self perpetuating circle. Why restructure a veteran player when you can now cut them and sign another at a more economic rate?

03-11-2014, 10:02 AM	#20
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,572	Re: Cash On Hand Originally Posted by TheOak Nothing of what has been said in this thread speaks to liquidity, only assets or net worth. Net Worth = assets - liabilities. Cash is only a portion of assets and since you are so confident in his cash holdings what are they? Back to my original point; bonuses cant be paid to claim a tax deduction if there is not enough cash on hand to do so. In regards to "can get", sure he can get, but at what cost? I wasn't wondering, but thanks. I do not have a degree in accounting, I did sleep at a Holiday Inn Express though. "Dumb" and "Crazy".. I see why you are the "Ambassador" One question still remains... With all the incentive to restructure and give bonuses to get a tax break... Why haven't some of the most beneficial to the team contracts not been restructured? You're right, I apologize, but why restructure anything unless or until it is necessary? While restructuring frees up short-term cap it always comes at a long-term cost. The Saints are not in any dire straits right now. I don't understand this concern. But back to your original post where you wondered about the cuts as opposed to restructuring. I feel it has a lot to do with the CBA an the rookie contract structures. Younger players are now much more cap friendly. Free agents are also more abundant due to the increased number of cuts, thus leading to lower salaries. It is like a self perpetuating circle. Why restructure a veteran player when you can now cut them and sign another at a more economic rate? Rugby Saint II likes this.

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