Thanks, I knew I had a couple of things either only half-right or left out completely. Not to make excuses, but they really did make this one complicated as hell.
I knew somebody else would know and set it straight. Appreciated!
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Jeremy Fowler
@JFowlerESPN
Source: #Chiefs are releasing wide receiver Marquez Valdes-Scantling.
Saves Kansas City $12 million on the cap.
2 years, 20+ million frogskins in the bank. 2 rings. Not bad for a former 5th rounder from some no name swamp college in Florida.
Apparently, after the latest Roman numerals game, the dammed media asked MVS to explain why P-Ma is way better a rock thrower than Butte. MVS refused to bite. Said he has fond memories of pimping with Butte. This guy is gonna be a Jester, soon, no doubt.
Mecole Hardman certainly bit when asked about KC vs. NYJ. Basically made it sound like the offensive staff was a clown car and said certain players got preferential treatment. Shocking, I know.
There are reports that Bears and Falcons have agreed to a trade for Justin Fields. If true, any trade wouldn't become official until March 13.
Damn. I was hoping da Bears would pin their hopes and their salary cap on Fields. Now I can only hope they pick a QB overall #1 who turns out to be the next Ryan Leaf, and Fields goes on to a solid career in Atlanta.
In my estimation, MVS will be lucky to land a minimum-wage deal somewhere. He drops more balls than an unpaid hooker.
Since I have no statistics or evidence to back up my position - just my feelings - then I must revert to this:
Ah, fuck that guy.
My guess is the drops probably seem more numerous than they really are because when MVS does drop one, it usually would have been a big play. Most of his routes are run well downfield. Also, MVS was never very good at coming down with 50/50 balls, which some might regard as drops.
Jason B. Hirschhorn
@by_JBH
The Broncos have announced that they will release quarterback Russell Wilson at the start of the new league year.
Andrew Brandt
@AndrewBrandt
Broncos officially releasing Russell Wilson.
They were as all-in on him, between trade assets given up and contract, as any team was all-in on any player.
Now they're all-out.
$39M left over in cash.
$85M left over in Cap.
Will go down as one of worst contracts in NFL history.
Yeah, moving on from Wilson was being telegraphed a few weeks back, but the numbers are pretty staggering.
I'd counter by saying the Bakhtiari contract is one of the worst in history as well. No fault of Bakhtiari, the guy wants to play, but 13 games in 3 seasons since signing a $92M contract is pretty bad.
Back to Russell - some QB needy team will kick the tires on him, but I think his superstar days are long past. Denver's holding a big bag of excrement on their cap. Seahawks looking smart there.
Clueless fans who think they’re smarter than a burger flipper with a worthless bachelor’s in accounting, as well as having passed the fucking Wisconsin CPAs, see $85M in “dead money” and they think, cap hell!
There ain’t any fuck as a cap hell anymore. Asses of Denver (not to be confused with the Asses of Indianapolis), don’t owe Wilson 85M. They’re gonna spread the hit over two years. Wilson’s cap hit this year will be 35.4M, minus chump change from another team - the 35.4M figure would be exactly the same figure if Wilson was still an Ass. 49.6M next year when the cap’s gonna inflate even more. Cap hell, my ass!
Terrible analogy. Unlike credit card instruments, “dead money” does not incur interest and it is neither a debt nor a cash flow. Dead money is merely an accounting item that denotes the premature termination of a contract with respect to the guaranteed portion of said contract.
Absence of contract restructuring, Wilson’s cap hits for the next two seasons, assuming he remained an Ass, would have been 35.4M and 55.4M, respectively. The Asses will actually receive cap relief next season for cutting Wilson this year. Not to mention, the recent termination allows the Waltons, owners of the Asses, to save money (and live better) - Wilson is owe 30-something frogskins this year, but the Waltons save $37M next year!
And this is a terrible understanding, too. Yes, the Waltons will save $37M in not having to pay next year's salaray, but that does NOT mean prior payments in bonuses and this year's $39M "frogskins" doesn't impact their overall salary cap availability. It most DEFINITELY impacts what other free agent transactions they will be able to do.
Which players received the franchise tag?
Tee Higgins, Cincinnati Bengals WR
L'Jarius Sneed, Kansas City Chiefs CB
Brian Burns, Carolina Panthers EDGE
Justin Madubuike, Baltimore Ravens DT
Antoine Winfield, Tampa Bay Buccaneers S
Josh Allen, Jacksonville Jaguars EDGE
Jaylon Johnson, Chicago Bears CB
Michael Pittman, Indianapolis Colts WR
Which players received the transition tag?
Kyle Dugger, New England Patriots S
Have you passed the CPAs? If not, then - check out this awesome analogy - you’re basically telling a brain surgeon that she ain’t know shit about brain surgery. Leave the cap to experts such as myself. ;)
Sure, there are opportunity costs. But Wilson’s cap hit is 35.4M this year whether or not he’s on the team. It ain’t that difficult to cook the cap if the Asses need that 35.4 so baldy to sign, say, Mike Evens.
Evans is off the market.
Apparently, our resident burger flipper doesn't understand the difference between cap hell and we don't have any cash to pay players.
Here is a better analogy. You are only allowed to spend $10 for dinner at a burger joint. I have $100.00 in my wallet but I am only allowed to spend $10.
Now if I want I can buy $15 value meal and it will cost $7.50 this meal but $7.50 against my next $10 meal. So I buy a $2.50 ice cream with my remaining "dinner cap" space.
On night 2 a new item is available at the burger joint for only $5. I still have $82.50 in my wallet so I can easily afford it. Unfortunately, I can only spend $2.50 towards tonight's dinner and cannot buy the $5 item.
Hard to believe but I will let it pass. The reason why I find it a stretch is, at least when I took the CPA test, you had to have memorized the correct wording of an Audit opinion. The math part, the numbers part and business law part I have no doubt you could pass.
Congrats on the distinction, and congrats to any of you that passed the CPA exam. I got a C minus in Accounting 101 and 102 long ago at U.W. and then gravitated to majoring in Finance instead (this was over 50 years ago), but I'm here to tell ya'all, APB's posting about the cap is more well grounded and sensible than anybody else in here - right up there on a par with me. Virtually anything that needs to be done can be done.
And APB, after reading your post below mine, porn addiction is no excuse. I've got that probably as much or more than you (and probably since before you were born hahahaha), and it hasn't hurt me.
I wholeheartedly regret not majoring in English, a la Prof Fritz. Would be in Hollywood today dating Jennifer Lawrence, Brie Larson, Zendaya or Olivia Rodrigo.
Accounting is boring as fuck. And it chains me to the burger joint.
Porn addiction ain’t no joke, folks. Dulls the mind and forces one towards even duller accounting.
Used to be, the cap’s purpose was to handicap fat owners from buying championships like in the MLB. Nowadays, with soaring revenues and revenue sharing, the owners have been exploiting the cap to limit labor costs.
The cap can always be cooked. Pigs simply ain’t too fond of “cooking the cap” cos it fucks with their bottom line. Getting fatter remains the name of the game.
In truth, Wilson wasn’t benched last season due to poor play. Was he prime Russ? No. But he played better than a lotta garbage QBs in the NFL. The Waltons benched Wilson to avoid being on the hook should the slings and arrows struck Ole Russ.
Yes, the caps can be cooked, but eventually, all payouts will have to hit the books. No, the cap isn't an excuse for owners to pad their pockets. They are required to pay at least 89% of the alotted cap over any 4-year period. I guess technically, they could pad it that 11%, but that would be the most.
This.
If the cap could be cooked without limitations (or was fictitious) almost every team would do it. Jerry Jones and that jerk Dan Snyder would have had a half dozen Lombardis each.
The cap is not used to line owners pockets, it's to enforce parity and keep contracts from outpacing reality. TV contracts and other revenue streams are lining owners pockets.
The key word is "eventually". By the time eventually rolls around, the cap is much higher and the benefits are realized.
Buying championships - in football or baseball - isn't all it's cracked up to be. A helluva lot of small market teams with less money have outperformed the richer ones. Luck and smarts have a lot more to do with success than money.
Continually cooking the cap can lead to a team not being able to offer an UFA the same amount of money when that bill comes due. That's where it hurts. For instance, there were players we couldn't go after this year because the bill finally came due on AR. Same next year with what's left of Bakh's contract. Again, these bills DO come due and it will make it so you can't offer someone new the same amount of money that another team can at that given time.
Nothing to see here.
Quote:
Ari Meirov
@MySportsUpdate
The #Bills were $40M over the salary cap entering today.
They've already released C Mitch Morse, S Jordan Poyer, CB Siran Neal and WR Deonte Harty.... And they are still over the cap.
So for the doubters... The salary cap is very real.
And since you're trading unguaranteed money (future seasons' salary) for spread-out guaranteed money (prorated bonuses), you can't cut or trade that player without getting an anvil dropped on your salary-cap plans. So if you "cook the books" or "kick the can" or whatever metaphor (It's easy! Any team can do it!), you're hoping that this is a dude who can play the whole term of his contract, who won't change for the worse when a huge bonus is dropped in his lap, and who won't be a big cloud of stink in the lockerroom.
My local team, the Saints, had their head coach leave for the Rockies once he saw that his retirement-postponing QB wasn't postponing it anymore and years of his prorated salaries were gonna come due -- causing them to cut more players to clear cap space. Now that I write it out, I'm thrilled he's got a Russel Wilson-sized hole in the 2023 and 2024 salary caps.
Personally, I don't subscribe to the "If we spend a lot of money and make it to the Conference Championship, I'll be okay as the division's doormat for seasons to come!" THAT is what I think of as true credit-card mentality.
If everything goes absolutely perfect, pushing money into the future is an even trade-off, now vs later. A real problem, as noted multiple times, is when things don't go perfectly with the players for which you pushed cap into the future.
I am hoping the Packers will, as they often did under Thompson, let some of the big names get snatched and overpaid, then see who's out there who can help at a more reasonable price.
I'm thinking about '25 as THE season.
They can get a Jordan Fuller or Julian Blackmon type of S for less than they paid Savage last year, and get better production. Savage missed almost 14% of his tackle attempts, that's not good.
The FA safety market might be the area they strike. I don't see them signing a vet RB in FA. Maybe a LB?
They can cut DeVondre and get 2.6M cap space, do the same with Royce Newman and get about the same number and put together sign someone who can help.