Originally Posted by Gandalf2300
The untenable situation we have put ourselves in cap wise, makes me Wretch. What's worse is by redoing all these deals we further tie ourselves to these guys. We keep robbing peter to pay Paul. Sure we restructure and get under the cap, but all were doing is buying these guys with credit. Tying ourselves more to these players everytime we restructure. Eventually if we should need to cut them the amortization from the pro ration of signing bonuses make it a moot point.
Omar khan and Kevin colbert are among the best front office guys. Khan may well be the best cap guy in the league. Everyone keeps pursuing him as a gm, eventhough he isn't a football guy. He's our resident cap wizard. Guess it shows the value of that talent?
I'd guess khan and colbert see a watershed with the cap based on when the new tv deals kick in and the cap spikes up, by quite a bit. That's why they're using this "no interest" finance plan now.
As far as the spending to the floor sentiment and rolling cap space forward, the two ideas are mutually exclusive. The clubs have to spend 90% cash, not cap hit to the cap starting next year. Cap hit is accounting wizardry. Spending to 90% of cash is far different.
Here's a perfect example. The bengals are crazy under the cap. Tons of money to spend. Starting next year they have to spend 90% of the cap in cash. That's current year contract figures, roster bonuses, all signing bonuses. Signing bonuses are pro rated for cap purposes, not for cash spending. Cash is money given to a player in a given year for contract, signing bonuses, or roster bonuses. Not sure if likely to be earned incentive bonuses are included in this figure (ltbe bonuses). My brain is still digesting the 30+ pages of legalese I digested to get the facts on the rule of 51.
Next year if Dalton, green, and atkins have good years all get extensions, and the signing bonus money, which is pro rated, is used to get to the 90% cash #. To me after in depth analysis, the 90% rule is just another hurdle in the accounting phase. Eventually if the guys don't pan out the amortization accelerations of signing bonuses for unworthy players can cripple a team. We need years to see the impact of that.
It means teams need to scout better than ever, and only re up guys early if they are exemplary. I'll be interested to see how the 90% cash floor impacts things 5 years down the road. Like gandalf said, I feel the worst teams will further the gap with poor spending. I think it may create a bigger chasm between the have and have nots. It may even play games with the parity the league has enjoyed for a while now.
"If that boy billionaire thinks he can shut me up, he should stick his head in a can of paint." Steelers announcer Myron Cope, after Washington Redskins owner Daniel Snyder sent someone into the broadcast booth during a game to tell Cope to stop referring to his team as the "Wash Redfaces"