Jerry on idea of creating cap space this offseason

[Doomsday]

Is there a prize for "best management of future cap space". that we may be aware of?

Yes, it is called his net worth.

 

[Cowfan75Lives]

At least he's admitting we are no longer "all-in". We may never be ever again.

 

[DallasEast]

That's where things start to get interesting, and while I don't truly know, I do suspect that Jerry doesnt have quite as much money as his reputation leads on.

Forget Jerry Jones' reputation. For this instance, throw assorted streams such as his real estate holdings, etc., in the trash with it.

Do his non NFL investments produce enough revenue to supplement what he can borrow against the Cowboys?

https://finance.yahoo.com/quote/CRK/

Comstock Resources, Inc. closed today at $16.22 a share.

https://finance.yahoo.com/news/analyst-jerry-jones-making-run-143931425.html

"The Jones family now owns 208.3 million Comstock shares, more than 71% of the company’s outstanding common stock."​

​

Right now. This second. Jerry Jones can liquidate or borrow against $3.37 billion of his primary stock investments.

​

I will reiterate what I have posted on the forum for some time. Jones is super-wealthy outside of the Dallas Cowboys franchise. He can easily afford to financially do a-n-y-t-h-i-n-g he is determined to do. The question is always what he will commit to do.

 

[BleedSilverandBlue]

What a loser.

I actually don’t understand the Jones’ endgame at this point. Are they actually so cheap that they are completely unwilling to play the game like nearly every other team?

Signing your QB to a long term deal and then effectively using it as an excuse to not even try to field a contending team is so beyond stupid that it’s hard to describe.

 

[KingintheNorth]

Meanwhile, Howie Roseman signs a potential league MVP in Free Agency.

And he's outdrafted the Jones Boys the last few years as well.

Trying always beats not trying.

 

[coult44]

Brace yourself for sitting out another offseason.

It is really unbelievable.

In the same interview he said should listen very carefully and ought to listen to what Micah has to say. “He has a very good insight to what’s going on with the DCs” . Micah was on his show last night saying Cowboys will be players in FA this year. According to Jerry we should listen to him.

 

[atlantacowboy]

Yes, it is called his net worth.

Well, the stupid thing is the cap is mandatory. You have to spend the money and that's mandated in the collective bargaining agreement. So, Jerry can't just pocket the money. He eventually has to spend it. The problem is that he doesn't know how to allocate cap money or what players to invest in or when to cut bait.

 

[Carson]

31 teams operate in a way that they are able to make moves and sign players and build a team.

The other team acts like their cap is any different than the rest of the league and they are handicapped and unable to do anything.

Would love to see what Howie Roseman would pull off with $100 million in cap space

 

[Bowdown27]

Brace yourself for sitting out another offseason.

It is really unbelievable.

It’s disgusting

 

[Sheepherder]

Brace yourself for sitting out another offseason.

It is really unbelievable.

Is there any way they can be forced to sell the team? What is he talking about. He just paid a average or less qb a record contract.

 

[Carson]

Is there any way they can be forced to sell the team?

We are about 3 generations away from that.

When Jerry dies, it’ll go to Stephen, then to Stephen’s kids. So maybe in 35 years when we can celebrate over applesauce in our wheelchairs from the assisted living

 

[Redsfan_83]

Ever wonder why fans of decades of this team could not give a crap about how it performs? I no longer look forward to watching Cowboys football and finding other things in life to do instead....like poking my eyeballs out with a needle type of things

 

[shabazz]

2025 2026 can't come soon enough

 

[fivetwos]

31 teams operate in a way that they are able to make moves and sign players and build a team.

The other team acts like their cap is any different than the rest of the league and they are handicapped and unable to do anything.

Would love to see what Howie Roseman would pull off with $100 million in cap space

I thought they had much more dead money than they actually do.

I don’t believe they don’t understand how the cap works, but they certainly don’t know how to manipulate it into a winning roster. Scared money never wins.

IMO, a large part of it is that they aren’t the ones that do the actual GM work, and don’t understand what’s needed to make all the pieces work together. They just make decisions on a case by case basis as to if a player is worth it or not, and free agents never are on paper. That’s why they only want to pay the players they know…their own. If gaping holes aren’t filled with the draft, they remain, and end up exploited by the better staffs around the league.

The attitude is ‘why pay an expensive FA when we can just draft a player for cheap?’ Yeah of course, but there’s only so many of those, most of them bust, and nearly all of them need time. Having a major need in the 22 and figuring you’re going to fill it with the draft is begging for trouble.

 

[DuncanIso]

Well, the stupid thing is the cap is mandatory. You have to spend the money and that's mandated in the collective bargaining agreement. So, Jerry can't just pocket the money. He eventually has to spend it. The problem is that he doesn't know how to allocate cap money or what players to invest in or when to cut bait.

Dak is taking up a lot of cap.

Add in CD, Martin, Dlaw...

only so much $$$ left for the other players.

23M in cap space isn't going to do it.

 

[DuncanIso]

Is there any way they can be forced to sell the team? What is he talking about. He just paid a average or less qb a record contract.

23M projected cap for 2025. That number will change some. but that's what we have right now.

 

[CowboysFaninHouston]

Forget Jerry Jones' reputation. For this instance, throw assorted streams such as his real estate holdings, etc., in the trash with it.


https://finance.yahoo.com/quote/CRK/

Comstock Resources, Inc. closed today at $16.22 a share.

https://finance.yahoo.com/news/analyst-jerry-jones-making-run-143931425.html

"The Jones family now owns 208.3 million Comstock shares, more than 71% of the company’s outstanding common stock."​

​

Right now. This second. Jerry Jones can liquidate or borrow against $3.37 billion of his primary stock investments.

​

I will reiterate what I have posted on the forum for some time. Jones is super-wealthy outside of the Dallas Cowboys franchise. He can easily afford to financially do a-n-y-t-h-i-n-g he is determined to do. The question is always what he will commit to do.

I don't think its about having wealth outside of cowboys. the cowboys alone are worth 11B. and are profitable organization.

Cowboys are a profitable venture for Jerry and he only sees it that way. if we happen to win a superbowl along the way, without changing the way he spends, then that's great but not a necessity in his mind.
we had the 7th most cap space this year. we chose not to spend, making excuses we need it for next year.
Although we have 24th most cap space, 4 or 5 resturcutres opens 65M in cap space, putting cowboys in the top 10.
there is only 9M dead cap space in 25 and 26M this year (which puts us at 27th spot in the league for reference).
we were 14th in cash spend this year, that included CD and Dak contracts, otherwise we were 29th.

all of these point to Jerry not really managing the cap and focusing on top few on the team. why? Jersey sales, CD, Dak, Diggs and Parsons are top jersey sales on the cowboys and they get the contracts.
We are low in dead cap space, because jerry tends to keep players until the end of the contract despite performance, so he minimizes dead cap and doesn't have to pay twice for the same position on the 53 by cutting them early.

Detroit, Cinci, Eagles, GB all have paid their QB, Detroit and Eagles have 5 contracts that are top 5 for the position and very active in FA....and jerry wants to tell us 5M extra for Dak is handicapping him from making any moves.

passive, casual and fringe fans fall for this, but ardent fans know better to buy his bull

 

[thunderpimp91]

I don't think its about having wealth outside of cowboys. the cowboys alone are worth 11B. and are profitable organization.

Cowboys are a profitable venture for Jerry and he only sees it that way. if we happen to win a superbowl along the way, without changing the way he spends, then that's great but not a necessity in his mind.
we had the 7th most cap space this year. we chose not to spend, making excuses we need it for next year.
Although we have 24th most cap space, 4 or 5 resturcutres opens 65M in cap space, putting cowboys in the top 10.
there is only 9M dead cap space in 25 and 26M this year (which puts us at 27th spot in the league for reference).
we were 14th in cash spend this year, that included CD and Dak contracts, otherwise we were 29th.

all of these point to Jerry not really managing the cap and focusing on top few on the team. why? Jersey sales, CD, Dak, Diggs and Parsons are top jersey sales on the cowboys and they get the contracts.
We are low in dead cap space, because jerry tends to keep players until the end of the contract despite performance, so he minimizes dead cap and doesn't have to pay twice for the same position on the 53 by cutting them early.

Detroit, Cinci, Eagles, GB all have paid their QB, Detroit and Eagles have 5 contracts that are top 5 for the position and very active in FA....and jerry wants to tell us 5M extra for Dak is handicapping him from making any moves.

passive, casual and fringe fans fall for this, but ardent fans know better to buy his bull

The Cowboys are worth $11B, and they are one of the more profitable teams year to year if not the most, but Forbes puts their operating income around $560M each year. They currently have over $800M in cash commitments in just roster payroll right now, and most of that needs to be placed into a trust so guys get their guaranteed money. The league only lets teams borrow a few hundred million against the team valuation at any one time so investments outside of the team are crucial for franchises to keep up. If @DallasEast is correct in what he is saying its a good thing for the Cowboys but also leaves me scratching my head as to the spending hesitation. I dont doubt what hes saying but I'm not a finance expert. I've also heard it the other way where Jerry is nowhere near the value of other owners in the league in wealth outside of the team and its a major reason why the Cowboys haven't been able to manipulate the cap as other teams have like Philly.

As mentioned I'm not qualified to say one way or the other, but the debates from both sides of the argument are fascinating.

 

[CowboysFaninHouston]

The Cowboys are worth $11B, and they are one of the more profitable teams year to year if not the most, but Forbes puts their operating income around $560M each year. They currently have over $800M in cash commitments in just roster payroll right now, and most of that needs to be placed into a trust so guys get their guaranteed money. The league only lets teams borrow a few hundred million against the team valuation at any one time so investments outside of the team are crucial for franchises to keep up. If @DallasEast is correct in what he is saying its a good thing for the Cowboys but also leaves me scratching my head as to the spending hesitation. I dont doubt what hes saying but I'm not a finance expert. I've also heard it the other way where Jerry is nowhere near the value of other owners in the league in wealth outside of the team and its a major reason why the Cowboys haven't been able to manipulate the cap as other teams have like Philly.

As mentioned I'm not qualified to say one way or the other, but the debates from both sides of the argument are fascinating.

I assume the 800M is over the next several years and at 560M a year, that translates to 2B over the next 4 years (length of current contracts to CD and Dak). so Money and cash is not an issue. if it is an issue, then it speaks volumes to the incompetence of Joneses in managing the contracts and caps being one of the most profitable NFL teams.

so yes, spending hesitation as I outlined leads to one thing, which is Joneses focus on increasing value and profits, as priority ovre winning championships. given Detroit, Eagles, GB, Cinci, etc. are all spending similiary then money and cash is not an issue.

 

[thunderpimp91]

I assume the 800M is over the next several years and at 560M a year, that translates to 2B over the next 4 years (length of current contracts to CD and Dak). so Money and cash is not an issue. if it is an issue, then it speaks volumes to the incompetence of Joneses in managing the contracts and caps being one of the most profitable NFL teams.

so yes, spending hesitation as I outlined leads to one thing, which is Joneses focus on increasing value and profits, as priority ovre winning championships. given Detroit, Eagles, GB, Cinci, etc. are all spending similiary then money and cash is not an issue.

I hear you but the issue is that these contracts require cash up front. The players get paid as time goes on, but the value of the contract has to be put into a trust so they need not all but a significant chunk of that $800m today in order to execute a new contract, not collect cash over the next few years. Its a major reason why guaranteed money is such a touchy topic for owners. The operating income thats reported I would assume is not factoring in taxes, stadium upgrades, etc. To have $800M in cash commitments an owner is going to have to borrow money from somewhere and I would assume a decent chunk of that typically comes from outside investments. I would assume this is a major reason why Philly just brought in a minority owner as its a way to raise cash for the franchise without borrowing more money. FWIW Philly has a little over 1.1B in cash commitments.

I can't say exactly how Jerry stacks up to the rest of the league but outside investments from owners seems to be a massive need in order to keep up with league spending.