Living in the now proven to be sound strategy for New Orleans Saints

Rugby Saint II · 04-18-2014, 05:21 PM

So, the salary cap is like a debit card? You can't spend what you don't have. Unless you are smart like Mickey Loomis and borrow money from the future to pay for now. It's beautiful. Loomis uses it more as a credit card somehow.......I don't know how. I'm not an accountant.

Danno · 04-18-2014, 05:46 PM

Originally Posted by Rugby Saint II

So, the salary cap is like a debit card? You can't spend what you don't have. Unless you are smart like Mickey Loomis and borrow money from the future to pay for now. It's beautiful. Loomis uses it more as a credit card somehow.......I don't know how. I'm not an accountant.

Well just because we shove salary into future years doesn't mean we'll actually pay it.

We can cut, re-re-structure, or keep. It simply kicks the decision down the street.

04-18-2014, 05:21 PM	#1
Rugby Saint II Bounty Money $$$ Join Date: Oct 2008 Location: 5800 Airline Dr. Metairie, LA. Posts: 24,167	Re: Living in the now proven to be sound strategy for New Orleans Saints So, the salary cap is like a debit card? You can't spend what you don't have. Unless you are smart like Mickey Loomis and borrow money from the future to pay for now. It's beautiful. Loomis uses it more as a credit card somehow.......I don't know how. I'm not an accountant.

04-18-2014, 05:46 PM	#2
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,758	Re: Living in the now proven to be sound strategy for New Orleans Saints Originally Posted by Rugby Saint II So, the salary cap is like a debit card? You can't spend what you don't have. Unless you are smart like Mickey Loomis and borrow money from the future to pay for now. It's beautiful. Loomis uses it more as a credit card somehow.......I don't know how. I'm not an accountant. Well just because we shove salary into future years doesn't mean we'll actually pay it. We can cut, re-re-structure, or keep. It simply kicks the decision down the street.

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