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2022 NFL Free Agency: New Orleans Saints

this is a discussion within the Saints Community Forum; Originally Posted by TheOak Read a little more than you quote and you'll see that LTBE that are charged against the cap but not earned are credited to the following years cap, and NLTBE that are not earned are not ...

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Old 01-12-2021, 11:32 AM   #10
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Re: 1 Attachment(s) You are subscribed to this thread 2021 NFL Free Agency: New Orleans Saints

Originally Posted by TheOak View Post
Read a little more than you quote and you'll see that LTBE that are charged against the cap but not earned are credited to the following years cap, and NLTBE that are not earned are not charged to any cap.

Guido an incentive is a bonus, not sure how you differentiate between the two words other than spelling..

This is not a trade, you are ignoring context and context matters.
It doesn't matter if it is a trade or not. The league still has to approve of ALL contracts. Brees has already received the cash for those guarantees remaining on his current contract. What I was trying to point out is that even if there was some sort of way to convert the guarantees which were the result of signing bonuses into some sort of incentive (which I still believe couldn't be done), then the league would surely disallow the contract. The sign and trade scenarios were just examples of cap manipulative contracts denied by the league.

I repeat, Brees has already cashed those checks. The remaining guarantees are the accounting offsets for the payments already received. There's no way the league would allow them to just go away.

The only way to make those guarantees leave the books would be if Brees paid the Saints back $22.5 million in cash. If that would even be allowed I can't see that happening either.

“The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty.” — Winston Churchill
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