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Saints lose $4.5M in 2017 salary cap space after paying back NFL loan

this is a discussion within the Saints Community Forum; Originally Posted by burningmetal You think Loomis just magically predicted that? I'm sure all teams who had to pay back a loan were informed that it was going to happen. Loomis is not a genius. This is very basic stuff. ...

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Old 03-29-2017, 09:26 AM   #11
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Re: Saints lose $4.5M in 2017 salary cap space after paying back NFL loan

Originally Posted by burningmetal View Post
You think Loomis just magically predicted that? I'm sure all teams who had to pay back a loan were informed that it was going to happen.

Loomis is not a genius. This is very basic stuff.
I never said he "magically predicted" anything. I simply said that he had built into contracts the flexibility to cover the "loan" whenever it did occur.
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Old 03-29-2017, 09:35 AM   #12
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Re: Saints lose $4.5M in 2017 salary cap space after paying back NFL loan

Originally Posted by voodooido View Post
Well, with only 8 million left I just cant see Butler comig here. unless the contract is back loaded it would cost us 8 million just for him. I know we will be freeing up 7 June 1st but we need 8 million just to sign our draaft picks.
Originally Posted by SmashMouth View Post
You mean our salary cap is tighter than expected?

NeauxFW...
As of today, we have $16.1 million in 2017 cap space remaining. $7.8 million of that would be allocated for the draft (subject to change). We also have around $8 million in unconverted roster bonuses and the additional $7.9 million that drops off the the 2017 cap on the Byrd post June 1st release. That gives the Saints at least $24 million in totally non-allocated cap space for more off-season moves.
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Old 03-29-2017, 10:26 AM   #13
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Re: Saints lose $4.5M in 2017 salary cap space after paying back NFL loan

Originally Posted by AsylumGuido View Post
I never said he "magically predicted" anything. I simply said that he had built into contracts the flexibility to cover the "loan" whenever it did occur.
Pardon me, but your amazement at what seems to be a pretty simple move makes it sound like you think he foresaw this without warning.

I don't see how this is so impressive. Almost every contract has this option built in it, and if it didn't, you could easily restructure with the player to add that option, and then use it.

There are a lot of teams who have made the playoffs since the last time we made it, and their GM's manage to get their coaches the players they want, within the same cap rules. So why is it that you continue to absolve Loomis of any responsibility, and claim that he's just doing Payton's bidding, when the same could be said for all of these other GM's who's teams are much more successful and they do it all under the same constraints as Loomis?

I've never said this was all on him, either. Payton, his scouting department, and assistants through the years share plenty of responsibility in this. But there is nothing Loomis is doing that sets him apart, that anyone has shown me. He gets all kinds of glory when things go right, but he's somehow blameless when they don't. Sorry, but this doesn't pass the common sense test, to me.

If I had a nickel for every time I heard that, the NFL would fine and suspend me.
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Old 03-29-2017, 10:39 AM   #14
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Re: Saints lose $4.5M in 2017 salary cap space after paying back NFL loan

Originally Posted by burningmetal View Post
Pardon me, but your amazement at what seems to be a pretty simple move makes it sound like you think he foresaw this without warning.

I don't see how this is so impressive. Almost every contract has this option built in it, and if it didn't, you could easily restructure with the player to add that option, and then use it.

There are a lot of teams who have made the playoffs since the last time we made it, and their GM's manage to get their coaches the players they want, within the same cap rules. So why is it that you continue to absolve Loomis of any responsibility, and claim that he's just doing Payton's bidding, when the same could be said for all of these other GM's who's teams are much more successful and they do it all under the same constraints as Loomis?

I've never said this was all on him, either. Payton, his scouting department, and assistants through the years share plenty of responsibility in this. But there is nothing Loomis is doing that sets him apart, that anyone has shown me. He gets all kinds of glory when things go right, but he's somehow blameless when they don't. Sorry, but this doesn't pass the common sense test, to me.
I respect your opinion, but most of the cap restraints were caused by dead money brought on by bad personnel decisions by Payton and his pro scouting team. It now appears that the team is headed in the right direction. I believe in looking forward and not dwelling on the past. It is a much healthier attitude.

And I wasn't amazed at all. Not sure where that came from?
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Old 03-30-2017, 04:43 PM   #15
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Re: Saints lose $4.5M in 2017 salary cap space after paying back NFL loan

Godhell was simply making things more difficult than necessary so he could take the money back when we finally had some extra money to spend on getting better.jmho

Also, please don't try to confuse me with facts that don't align with this theory.
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