The "goofing" and underspending ends NOW. Starting in 2013, teams MUST spend 89% of cash towards the cap for the league years from 2013-16. No more being cheap in Ohio, Indy, and Florida. They have no choice to do so, the cba dictates it. No more "being frugal" , you now have to put your money on the barrel. 5 of those teams (Indy excluded) have to wake up and do something most of them have never been forced to do. SPEND MONEY. You can't coast, because you're spending the money either way. Even if they don't hit the minimum, they have to then break up the difference equally between the members of those teams during the '13-'16 period.
Originally Posted by darvon
It's way more money than these teams normally spend, and now they have to, by cba mandate. Roll the cap forward as you please, but you've gotta spend the cash. That's going to slam a dagger into the additional profits these teams take from the revenue sharing coffers. Those coffers just got a lot taken out of them...
Anyone else leery about the futures of the Bengals, fins, bucs, and Jags being able to weather the spending storm and still be solvent? Given they don't sell out most games? Add the chargers, rams, and raiders, and bills to those who will struggle mightily to balance the books once this rule kicks in.
They all have to spend the money, so I guess they better hope they sell out much better than they have.
I'd expect mike brown to experience the hardest landing here.
Interesting question, but what does the league do when a team becomes insolvent based upon being FORCED to spend the money they normally wouldn't??
Last edited by mikesteelnation1; 02-09-2013 at 04:27 AM.
"If I could start my life all over again, I would be a professional football player, and you damn well better believe I would be a Pittsburgh Steeler." Jack Lambert, 1990 HoF Introduction.