So what dead money comes off our list in 2017?

Structured nicely if you ask me. Hardly touches our cap this year which means we can go after more.

Yes, nicely structured. but all this talk of dead money means little. New TV deals will continue to help the cap rise at a huge rate for the foreseeable future. Loomis was one of the very few who saw this coming. But then again, he is one of the very few that is trained in the discipline to anticipate these adjustments.

That vast majority of GM's in the NFL are talent oriented with little or no clue of economics or accounting principles. They are primarily personnel driven. Loomis was schooled as an accountant. He knows how to maximize something as simple as a cap. He knows how to to work contracts through cost and management accounting concepts that most cannot understand.

My degree is in accounting and I was among the top of my class. I have always understood what he was doing and he is brilliant. The whole ongoing farce of the Saints being in "cap hell" in based upon a totally uneducated media feeding an equally uneducated public.

Does his signing bonus count toward this year's cap?

Does his signing bonus count toward this year's cap?

No. Signing bonuses are always applied proportionately over the remaining contract per year.

Yes, nicely structured. but all this talk of dead money means little. New TV deals will continue to help the cap rise at a huge rate for the foreseeable future. Loomis was one of the very few who saw this coming. But then again, he is one of the very few that is trained in the discipline to anticipate these adjustments.

That vast majority of GM's in the NFL are talent oriented with little or no clue of economics or accounting principles. They are primarily personnel driven. Loomis was schooled as an accountant. He knows how to maximize something as simple as a cap. He knows how to to work contracts through cost and management accounting concepts that most cannot understand.

My degree is in accounting and I was among the top of my class. I have always understood what he was doing and he is brilliant. The whole ongoing farce of the Saints being in "cap hell" in based upon a totally uneducated media feeding an equally uneducated public.

Your affection for Loomis gets pretty nauseating, man. You consistently say that fans don't understand this or that, and we all know you're talking about yourself as much as Loomis. You never miss a chance to tell us you have a degree in accounting, and that you saw everything coming.

I don't buy this junk that Loomis is one of the very few GM's who understands economics. You CANNOT run a front office without understanding the money side. If the GM, himself, does not handle the financial side, then I can guarantee you there is someone in that organization whose job it is to specifically handle the cap and study any potential future changes.

This team is constantly hovering around the cap, while other successful teams are not. You know why? Because he over-invests in too many players. I think you give this guy entirely too much credit for doing things that any GM worth his salt should be able to do. But if he can't offer anything in making good personnel decisions, then all he really is, is a glorified accountant.

Fleener is a decent player, but there were much bigger needs with players whom this team unfortunately couldn't reasonably afford. Yes, I am sure they will try to address those things in the draft, but it's nice to have some reliable veterans to add some immediate impact.

Sorry, but that is where you are wrong. Constantly hovering around the cap is known as maximizing available resources. There is far more cap remaining than you know. There are several contracts remaining on roster that were structure for conversion if, and when, needed, including up to $17 million on Brees' contract alone. I point out my knowledge of accounting because it simply means that I understand the concept through specific education.

Have over-investments been made in players by the Saints? Absolutely! But you are naive as hell if you think that is on Loomis. He is exactly what you described him as earlier, a glorified accountant. A damned good one at that. Payton totally runs this ship and tells Loomis to "make it so" and Loomis complies. The personnel and what we have in them are all on Payton. Loomis just makes it work in a remarkable manner.

My degree is in accounting and I was among the top of my class. I have always understood what he was doing and he is brilliant. The whole ongoing farce of the Saints being in "cap hell" in based upon a totally uneducated media feeding an equally uneducated public.