Cowboys FO on salary cap and contract restructuring

[Nightman]

1. because many fans still think the cap is the impediment. in reality it is the approach.
2. the more fans and sports writers understand this, the higher everyone's expectations would be and the more the FO would let people down if they fail to meet the expectation.

Think of it like a Homeowners Equity Line of Credit

DAL has 45m available with a 0% interest rate........whether they spend any of it or it, the full 45m
is available to buy anything they want

They can spend it to expand- sign new players
They can spend it to consolidate- take the Romo hit
They can roll it over to spend next year

But if they don't activate it, it is gone forever

 

[waldoputty]

Think of it like a Homeowners Equity Line of Credit

DAL has 45m available with a 0% interest rate........whether they spend any of it or it, the full 45m
is available to buy anything they want

They can spend it to expand- sign new players
They can spend it to consolidate- take the Romo hit
They can roll it over to spend next year

But if they don't activate it, it is gone forever

i think it goes in their pockets.
while i think their intent is to win, i think there is some inexplicable conservatism that is hindering the next step.
aa lot of companies need different CEOs at different stages of development, i hope this is not the issue since it is not happening.

 

[haleyrules]

Yeah I know. I don't expect anything. I'm already beaten down.

lol. Expectations should be kept under control....l am expecting a setback next season.

 

[Nightman]

i think it goes in their pockets.
while i think their intent is to win, i think there is some inexplicable conservatism that is hindering the next step.
aa lot of companies need different CEOs at different stages of development, i hope this is not the issue since it is not happening.

What fans fail to realize is that having Romo with a 25m cap hit or Dez with a 17m hit or SLee with a 12m hit or TCrawford with a 10m hit IS SPENDING cap space same as FAs

That is 30m wasted that could be spent on other players instead of stupidly paying down interest free debt

They have to stop assigning cap space to individual players and start thinking of it as just going into a general fund.....the money and dead money has no names attached to it

If you can consistently create 50m in space and end up with 20m in dead money that is a huge win

 

[waldoputty]

What fans fail to realize is that having Romo with a 25m cap hit or Dez with a 17m hit or SLee with a 12m hit or TCrawford with a 10m hit IS SPENDING cap space same as FAs

That is 30m wasted that could be spent on other players instead of stupidly paying down interest free debt

They have to stop assigning cap space to individual players and start thinking of it as just going into a general fund.....the money and dead money has no names attached to it

If you can consistently create 50m in space and end up with 20m in dead money that is a huge win

The problem is that cap space has been such a huge problem in from 1995-2015 that people have been conditioned.
What I dont understand is the FO.
If you dont go for the kill now, WHEN DO YOU???
Wait for Brady to retire?
By then Dez may be done and Zeke may be almost done.

 

[AbeBeta]

Here some articles on the myth of salary cap hell.

http://bleacherreport.com/articles/...concerns-stop-them-from-re-signing-superstars

http://dfw.cbslocal.com/2016/06/18/cap-hell-is-a-myth/

http://www.bloggingtheboys.com/2017...inutes-that-can-save-you-from-salary-cap-hell

Don't bother. Some folks on this board will never understand the cap.

 

[AbeBeta]

What fans fail to realize is that having Romo with a 25m cap hit or Dez with a 17m hit or SLee with a 12m hit or TCrawford with a 10m hit IS SPENDING cap space same as FAs

That is 30m wasted that could be spent on other players instead of stupidly paying down interest free debt

They have to stop assigning cap space to individual players and start thinking of it as just going into a general fund.....the money and dead money has no names attached to it

If you can consistently create 50m in space and end up with 20m in dead money that is a huge win

It isn't interest free debt.

It is interest negative debt.

This has been explained to you many times.

 

[Nightman]

It isn't interest free debt.

It is interest negative debt.

This has been explained to you many times.

You don't explain anything to anyone

 

[GhostOfPelluer]

Debt is still risk, whether there is interest tied to it or not. The degree of risk changes based on the interest rate, but even an interest-free loan is adding risk.

Allowing some of these contracts to be paid without converting to a signing bonus may be hindering current progress but it isn't hurting future progress - and could be helping. It certainly makes it easier to part ways in the event of a player having a major injury or falling off a cliff performance-wise.

 

[Longboysfan]

If DAL traded Romo and he retired could the new team try to recover the 12.5m left on his original signing bonus? In cash and against the cap?

No. The Cowboys would have to recover the money / years the converted base salary that went to signing bonus that was stretched out for the length of the contract.

 

[cowboyblue22]

what amazes me is the pats are 59 million under the cap after just winning the super bowl and will be there next year if they have good luck injury wise that leads me to believe that maybe the fo in the cowboys org is not very good at what they do or that maybe the pats are just light years ahead of the rest of the league its not just them its other teamslike the packers and others we are always in cap trouble trying to create cap space a lot of the problem is that if the coaching staff was better then you wouldn't need 70 million dollar wr and over pay de that are just average yet is paid like he is a great player

 

[waldoputty]

what amazes me is the pats are 59 million under the cap after just winning the super bowl and will be there next year if they have good luck injury wise that leads me to believe that maybe the fo in the cowboys org is not very good at what they do or that maybe the pats are just light years ahead of the rest of the league its not just them its other teamslike the packers and others we are always in cap trouble trying to create cap space a lot of the problem is that if the coaching staff was better then you wouldn't need 70 million dollar wr and over pay de that are just average yet is paid like he is a great player

TOM BRADY

 

[waldoputty]

Debt is still risk, whether there is interest tied to it or not. The degree of risk changes based on the interest rate, but even an interest-free loan is adding risk.

Allowing some of these contracts to be paid without converting to a signing bonus may be hindering current progress but it isn't hurting future progress - and could be helping. It certainly makes it easier to part ways in the event of a player having a major injury or falling off a cliff performance-wise.

everything is risk.
there is no superbowl for being the most financially prudent team.
only the patriots go for style points when winning the super bowl

 

[Nightman]

Debt is still risk, whether there is interest tied to it or not. The degree of risk changes based on the interest rate, but even an interest-free loan is adding risk.

Allowing some of these contracts to be paid without converting to a signing bonus may be hindering current progress but it isn't hurting future progress - and could be helping. It certainly makes it easier to part ways in the event of a player having a major injury or falling off a cliff performance-wise.

Nothing makes it easier or harder....... the Dead Money is just a receipt for every dollar already saved....it doesn't have a name attached to it....it all just goes into a big pool.... cutting a player is only about what they are still owed going forward....Dead Money is a sunk cost either way

If DAL rolls over 5m it doesn't say this is money from restructuring Dez.......it is just 5m to be used anywhere...... If the 5m was from re-doing Romo then his 19.6m cap hit becomes 14.6m, no it just goes forward.......

there is no risk to this kind of debt..........it gets rest every year...........it takes one year to get out of the worst types of cap problems

 

[Nightman]

No. The Cowboys would have to recover the money / years the converted base salary that went to signing bonus that was stretched out for the length of the contract.

I don't think DAL has any rights to the money if they trade him.....the new team inherits the entire contract

 

[Longboysfan]

I don't think DAL has any rights to the money if they trade him.....the new team inherits the entire contract

No. If he retires then the Cowboys can get money back.
If he is traded then only the yearly base salary comes along with him. Not the money already paid out.

 

[Nightman]

No. If he retires then the Cowboys can get money back.
If he is traded then only the yearly base salary comes along with him. Not the money already paid out.

You are missing the point

If he gets traded and then retires.......the new team gets the signing bonus back and the cap relief
They are the ones harmed by his retirement 3 years into his 6 year extension

 

[Kaiser]

Right, either get difference makers or do nothing.

We can all agree Theron is hot.

Its all makeup. She used to go to my spin classes and she is very nice, but if you see her without makeup she is pretty average looking.

 

[Kaiser]

Plus things have changed with the cap bigly

We are going to have so much cap space that we are going to get tired of all the cap space. We are going to ask - Please, can we take a break from all the cap space.

 

[Nightman]

We are going to have so much cap space that we are going to get tired of all the cap space. We are going to ask - Please, can we take a break from all the cap space.

love it....just made my day