Lofton being shopped?

SaintsBro · 03-04-2015, 05:56 PM

Originally Posted by blackangold

Benson doesn't have the free money laying around.

The litigation Benson is going through is costing him too much. Loomis was free in the past to spend what he wanted but the reluctance to restructure contracts this year tells me there are financial issues.

That's absurd. Did you see the Picayune today? Benson is worth $1.9 BILLION per Forbes magazine. That's billion, with a "B." The money Benson spends on litigation is completely unrelated to the Saints payroll. Besides, the Saints payroll is capped by the league anyway....he can only spend so much, no matter what. That's called a "salary cap" -- ever heard the term? Are you aware the lawsuit is only about 60% of the Saints, which are in the trust. You don't know much about finance, if you think it is affecting Loomis and the actual team in any way. The 2015 money is set and capped and already accounted for, no matter what happens in court.

03-04-2015, 05:56 PM	#11
SaintsBro Site Donor Join Date: Sep 2010 Location: in line with my ridiculous CLEAR PLASTIC BAG Posts: 3,650 Blog Entries: 3	Re: Lofton being shopped? Originally Posted by blackangold Benson doesn't have the free money laying around. The litigation Benson is going through is costing him too much. Loomis was free in the past to spend what he wanted but the reluctance to restructure contracts this year tells me there are financial issues. That's absurd. Did you see the Picayune today? Benson is worth $1.9 BILLION per Forbes magazine. That's billion, with a "B." The money Benson spends on litigation is completely unrelated to the Saints payroll. Besides, the Saints payroll is capped by the league anyway....he can only spend so much, no matter what. That's called a "salary cap" -- ever heard the term? Are you aware the lawsuit is only about 60% of the Saints, which are in the trust. You don't know much about finance, if you think it is affecting Loomis and the actual team in any way. The 2015 money is set and capped and already accounted for, no matter what happens in court.

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