Saints convert Cam Jordan's roster bonus into signing bonus. Creating $4.8 million in cap space.

Danno · 02-19-2016, 07:03 AM

Originally Posted by hagan714

I still do.

shoveling a pile of crap over shoulder only gets you so far till you turn around and have to shovel it yet again.

The saints over payed out of super bowl loyalty and that is why we are were we are today. I hope they learned a lesson.

Micky has to play this game till 2017 so then I will judge from that point on.

So we can sign our draft class and have some change left over.

You aren't the one with the shovel, you just watch the man with the shovel, and he is one of the best shovelers in the league.

Don't doubt his ability to shovel, just admire it.

burningmetal · 02-19-2016, 10:03 AM

Originally Posted by Danno

You aren't the one with the shovel, you just watch the man with the shovel, and he is one of the best shovelers in the league.

Don't doubt his ability to shovel, just admire it.

I'm sorry, I just about lost it after reading this. What are we admiring now? The best shoveler? So he consistently has us up against it, and basically bales water out of a sinking ship, but because he's the best at delaying the inevitable, the ship is not still sinking?

That's not really impressive, to me. I'm hopeful that as roles are changing in the front office, we'll see improvement with less decisons being made by Loomis. I'm skeptical, but still hopeful on that. But we wouldn't be where we are if this guy where the genius some want to believe he is.

Danno · 02-19-2016, 10:57 AM

Originally Posted by burningmetal

I'm sorry, I just about lost it after reading this. What are we admiring now? The best shoveler? So he consistently has us up against it, and basically bales water out of a sinking ship, but because he's the best at delaying the inevitable, the ship is not still sinking?

That's not really impressive, to me. I'm hopeful that as roles are changing in the front office, we'll see improvement with less decisons being made by Loomis. I'm skeptical, but still hopeful on that. But we wouldn't be where we are if this guy where the genius some want to believe he is.

I'm speaking of his cap management skills, not personnel decisions. None of us know who is actually making the decisions on these guys.

AsylumGuido · 02-19-2016, 11:36 AM

Originally Posted by burningmetal

I'm sorry, I just about lost it after reading this. What are we admiring now? The best shoveler? So he consistently has us up against it, and basically bales water out of a sinking ship, but because he's the best at delaying the inevitable, the ship is not still sinking?

That's not really impressive, to me. I'm hopeful that as roles are changing in the front office, we'll see improvement with less decisons being made by Loomis. I'm skeptical, but still hopeful on that. But we wouldn't be where we are if this guy where the genius some want to believe he is.

No. He is not "delaying the inevitable". The fact is that nothing of the sort IS inevitable. Once again, you are listening to the uninformed media and the equally uniformed mass of fellow fans. As for decision making, Loomis is not the one making the decisions. He is the one making the decisions financially possible and no one in the business is better at this absolute skill.

AsylumGuido · 02-19-2016, 11:31 AM

Originally Posted by hagan714

I still do.

shoveling a pile of crap over shoulder only gets you so far till you turn around and have to shovel it yet again.

The saints over payed out of super bowl loyalty and that is why we are were we are today. I hope they learned a lesson.

Micky has to play this game till 2017 so then I will judge from that point on.

So we can sign our draft class and have some change left over.

That "shoveling" is called cost accounting and every successful business uses the same means of guaranteeing cash flow. As I have pointed out numerous times, Loomis is an accountant and a very good one at that. He knows that the cap is continuously climbing and will continue to climb. It makes financial sense to defer expenses (player salary in this case) into periods with greater operating fund availability (cap room). This is basic accounting principle. Trust me. I too have a degree in accounting.

Too many writers believe the crap spouted by media members concerning things like "cap hell" when said writers have absolutely no concept of how things work.

Now I know you, and others around here that have also been confused by listening to all the nonsense, will not take any of this to heart either through your (expansively meant) stubborn refusal to learn or through the total inability to understand the concept. Sadly, there is nothing we can do to help in those cases.

QBREES9 · 02-17-2016, 12:16 PM

Smart move.

Rugby Saint II · 02-17-2016, 12:24 PM

I knew this was coming. Our members have been saying this was the smart move for some time now. This is where I get my information. I love BNG

SmashMouth · 02-17-2016, 12:34 PM

... Cue the FailClowns melt down on their board!!!

jonnyrotten · 02-17-2016, 01:49 PM

Restructures just add future dead money potential which is how we got in this mess. Now with that being said, this actually is a really good restructure because it is a very small amount ( 1.2 mill I think) over 4 years. Just can't free up this money to blow it on another player that doesn't pan out and go through this crap again.

Crusader · 02-17-2016, 01:59 PM

I hope and believe that the scouting, drafting and signing of Free agents will be better with Ireland and the new scouts onboard. If you combine that with Loomis genius about managing the cap we could have a really good thing going soon.

02-19-2016, 07:03 AM	#1
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,758	Re: Saints convert Cam Jordan's roster bonus into signing bonus. Creating $4.8 million in cap space. Originally Posted by hagan714 I still do. shoveling a pile of crap over shoulder only gets you so far till you turn around and have to shovel it yet again. The saints over payed out of super bowl loyalty and that is why we are were we are today. I hope they learned a lesson. Micky has to play this game till 2017 so then I will judge from that point on. So we can sign our draft class and have some change left over. You aren't the one with the shovel, you just watch the man with the shovel, and he is one of the best shovelers in the league. Don't doubt his ability to shovel, just admire it. AsylumGuido likes this.

02-19-2016, 10:03 AM	#2
burningmetal 1000 Posts + Join Date: Mar 2012 Posts: 3,923 Blog Entries: 3	Re: Saints convert Cam Jordan's roster bonus into signing bonus. Creating $4.8 million in cap space. Originally Posted by Danno You aren't the one with the shovel, you just watch the man with the shovel, and he is one of the best shovelers in the league. Don't doubt his ability to shovel, just admire it. I'm sorry, I just about lost it after reading this. What are we admiring now? The best shoveler? So he consistently has us up against it, and basically bales water out of a sinking ship, but because he's the best at delaying the inevitable, the ship is not still sinking? That's not really impressive, to me. I'm hopeful that as roles are changing in the front office, we'll see improvement with less decisons being made by Loomis. I'm skeptical, but still hopeful on that. But we wouldn't be where we are if this guy where the genius some want to believe he is.
	If I had a nickel for every time I heard that, the NFL would fine and suspend me.

02-19-2016, 10:57 AM	#3
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,758	Re: Saints convert Cam Jordan's roster bonus into signing bonus. Creating $4.8 million in cap space. Originally Posted by burningmetal I'm sorry, I just about lost it after reading this. What are we admiring now? The best shoveler? So he consistently has us up against it, and basically bales water out of a sinking ship, but because he's the best at delaying the inevitable, the ship is not still sinking? That's not really impressive, to me. I'm hopeful that as roles are changing in the front office, we'll see improvement with less decisons being made by Loomis. I'm skeptical, but still hopeful on that. But we wouldn't be where we are if this guy where the genius some want to believe he is. I'm speaking of his cap management skills, not personnel decisions. None of us know who is actually making the decisions on these guys. AsylumGuido likes this.

02-19-2016, 11:36 AM	#4
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,708	Re: Saints convert Cam Jordan's roster bonus into signing bonus. Creating $4.8 million in cap space. Originally Posted by burningmetal I'm sorry, I just about lost it after reading this. What are we admiring now? The best shoveler? So he consistently has us up against it, and basically bales water out of a sinking ship, but because he's the best at delaying the inevitable, the ship is not still sinking? That's not really impressive, to me. I'm hopeful that as roles are changing in the front office, we'll see improvement with less decisons being made by Loomis. I'm skeptical, but still hopeful on that. But we wouldn't be where we are if this guy where the genius some want to believe he is. No. He is not "delaying the inevitable". The fact is that nothing of the sort IS inevitable. Once again, you are listening to the uninformed media and the equally uniformed mass of fellow fans. As for decision making, Loomis is not the one making the decisions. He is the one making the decisions financially possible and no one in the business is better at this absolute skill.

02-19-2016, 11:31 AM	#5
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,708	Re: Saints convert Cam Jordan's roster bonus into signing bonus. Creating $4.8 million in cap space. Originally Posted by hagan714 I still do. shoveling a pile of crap over shoulder only gets you so far till you turn around and have to shovel it yet again. The saints over payed out of super bowl loyalty and that is why we are were we are today. I hope they learned a lesson. Micky has to play this game till 2017 so then I will judge from that point on. So we can sign our draft class and have some change left over. That "shoveling" is called cost accounting and every successful business uses the same means of guaranteeing cash flow. As I have pointed out numerous times, Loomis is an accountant and a very good one at that. He knows that the cap is continuously climbing and will continue to climb. It makes financial sense to defer expenses (player salary in this case) into periods with greater operating fund availability (cap room). This is basic accounting principle. Trust me. I too have a degree in accounting. Too many writers believe the crap spouted by media members concerning things like "cap hell" when said writers have absolutely no concept of how things work. Now I know you, and others around here that have also been confused by listening to all the nonsense, will not take any of this to heart either through your (expansively meant) stubborn refusal to learn or through the total inability to understand the concept. Sadly, there is nothing we can do to help in those cases.

02-17-2016, 12:16 PM	#6
QBREES9 Moderator Join Date: Sep 2007 Location: New Haven Ct Posts: 23,990	Re: Saints convert Cam Jordan's roster bonus into signing bonus. Creating $4.8 million in cap space. Smart move.

02-17-2016, 12:24 PM	#7
Rugby Saint II Bounty Money $$$ Join Date: Oct 2008 Location: 5800 Airline Dr. Metairie, LA. Posts: 24,182	Re: Saints convert Cam Jordan's roster bonus into signing bonus. Creating $4.8 million in cap space. I knew this was coming. Our members have been saying this was the smart move for some time now. This is where I get my information. I love BNG Halo, SaintFanQ and SmashMouth like this.

02-17-2016, 12:34 PM	#8
SmashMouth I donated, did you? Join Date: Sep 2007 Location: Mandeville, LA Posts: 38,963 Blog Entries: 29	Re: Saints convert Cam Jordan's roster bonus into signing bonus. Creating $4.8 million in cap space. ... Cue the FailClowns melt down on their board!!! Halo, CheramieIII and B_Dub_Saint like this.

02-17-2016, 01:49 PM	#9
jonnyrotten 500th Post Join Date: Dec 2004 Location: Nashville Posts: 512	Re: Saints convert Cam Jordan's roster bonus into signing bonus. Creating $4.8 million in cap space. Restructures just add future dead money potential which is how we got in this mess. Now with that being said, this actually is a really good restructure because it is a very small amount ( 1.2 mill I think) over 4 years. Just can't free up this money to blow it on another player that doesn't pan out and go through this crap again. hagan714 likes this.

02-17-2016, 01:59 PM	#10
Crusader Resident Swede Join Date: Sep 2005 Location: Märsta, Sweden Posts: 8,049	Re: Saints convert Cam Jordan's roster bonus into signing bonus. Creating $4.8 million in cap space. I hope and believe that the scouting, drafting and signing of Free agents will be better with Ireland and the new scouts onboard. If you combine that with Loomis genius about managing the cap we could have a really good thing going soon. Halo likes this.

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