Drew Is Coming Back For The 2020 Season

AsylumGuido · 02-18-2020, 04:06 PM

Originally Posted by ChrisXVI

Man, Drew’s cap hit is going to be like $40 million this season with the $15 mil dead cap from previous restructures.

And what makes you think that? I'll put $10 bucks on every million under your $40 million 2020 cap hit number once the final contract details come out.

Hell, I'll make it easy and bet $1 on every million under $40 million.

ChrisXVI · 02-18-2020, 04:10 PM

Originally Posted by AsylumGuido

And what makes you think that? I'll put $10 bucks on every million under your $40 million 2020 cap hit number once the final contract details come out.

Hell, I'll make it easy and bet $1 on every million under $40 million.

Just going off his most recent contract. First year cap hit: $24 million.

AsylumGuido · 02-18-2020, 04:40 PM

Originally Posted by ChrisXVI

Just going off his most recent contract. First year cap hit: $24 million.

That $24 million included $18 million of dead money from the previous contract. It was restructured into voidable future years. This coming first year cap hit could conceivably be less than last year's.

These contracts are so fluid that you cannot look at any current figure. Loomis is a genius at working the numbers and taking full advantage of the ever increasing cap. He was doing it before others figured it out.

As I have mentioned before, my degree is in accounting and cost accounting was always my favorite type. Juggling the cap is cost accounting at its most exciting and Loomis is a rock star.

02-18-2020, 04:06 PM	#1
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,573	Re: Drew Is Coming Back For The 2020 Season Originally Posted by ChrisXVI Man, Drew’s cap hit is going to be like $40 million this season with the $15 mil dead cap from previous restructures. And what makes you think that? I'll put $10 bucks on every million under your $40 million 2020 cap hit number once the final contract details come out. Hell, I'll make it easy and bet $1 on every million under $40 million.

02-18-2020, 04:10 PM	#2
ChrisXVI 10000 POST CLUB Join Date: Aug 2011 Location: Madison, WI Posts: 11,482	Re: Drew Is Coming Back For The 2020 Season Originally Posted by AsylumGuido And what makes you think that? I'll put $10 bucks on every million under your $40 million 2020 cap hit number once the final contract details come out. Hell, I'll make it easy and bet $1 on every million under $40 million. Just going off his most recent contract. First year cap hit: $24 million.

02-18-2020, 04:40 PM	#3
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,573	Re: Drew Is Coming Back For The 2020 Season Originally Posted by ChrisXVI Just going off his most recent contract. First year cap hit: $24 million. That $24 million included $18 million of dead money from the previous contract. It was restructured into voidable future years. This coming first year cap hit could conceivably be less than last year's. These contracts are so fluid that you cannot look at any current figure. Loomis is a genius at working the numbers and taking full advantage of the ever increasing cap. He was doing it before others figured it out. As I have mentioned before, my degree is in accounting and cost accounting was always my favorite type. Juggling the cap is cost accounting at its most exciting and Loomis is a rock star. Rugby Saint II and ChrisXVI like this.
	“The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty.” — Winston Churchill

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