Register All Albums FAQ Community Experience
Go Back   New Orleans Saints Forums - blackandgold.com > Main > Saints

2022 NFL Free Agency: New Orleans Saints

this is a discussion within the Saints Community Forum; Originally Posted by AsylumGuido 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 ...

Like Tree1444Likes

 
 
LinkBack Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 01-12-2021, 11:54 AM   #11
10000 POST CLUB
 
Join Date: Dec 2009
Location: Cypress Tx.
Posts: 19,043
Re: 1 Attachment(s) You are subscribed to this thread 2021 NFL Free Agency: New Orleans Saints

Originally Posted by AsylumGuido View Post
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.
Prove he cashed those checks, show the check with the deposit receipt, or have a seat.

Only $25M was guaranteed and the remaining $25M is 2021 money not guaranteed and uncashed as a check.
TheOak is offline   Reply With Quote
 


Posting Rules


All times are GMT -5. The time now is 06:54 PM.


Copyright 1997 - 2020 - BlackandGold.com
no new posts