NFL Cap Hit in Void Years - Cowboys 16

[Jarv]

All of this is true and it’s a fair way to look at it. But from a pure footballing perspective , the cowboys aren’t using their biggest asset as a resource to win games. Period.

What is their biggest asset?

 

[Jarv]

Electronically yes. Jerry has billions to pay whatever he wants to pay.

In 1989, when Jerry Jones purchased the Dallas Cowboys for $140 million, his net worth was estimated to be around $90 million.

Now, the Dallas Cowboys are estimated to be worth $10.1 billion. This makes them the most valuable sports franchise in the world. Jerry Jones, the owner, is estimated to have a net worth of $16.6 billion.

He could be net asset rich and cash poor? Maybe?

I own 2 houses and have a decent net worth, but if I needed a bunch of cash I would have to sell assets and liquidate retirement funds, all with a tax implications.

Net worth doesn't necessarily make you cash rich.

 

[Rockport]

You really think Jerry Jones is sitting there with a checking account with a billion dollars in it dont you?

No, 17 billion.

 

[thunderpimp91]

Jerry plays in an entirely different arena economically. I get it that you guys don’t get it. Jerry’s the richest owner in the NFL except for maybe one other.

I can’t tell if you’re serious or trolling at this point. I’m actually leaning more towards trolling. Jerry is maybe in the top 10 net worth in the league. Factor in teams that have multiple owners and he dips further down the list.

Probably 75% of Jerry’s individual valuation is also tied up in the cowboys. Compare that to the Hunts or a David tepper in Carolina whose franchises are worth a lot less but their net worths are nearly twice of Jerry’s.

 

[Rockport]

I can’t tell if you’re serious or trolling at this point. I’m actually leaning more towards trolling. Jerry is maybe in the top 10 net worth in the league. Factor in teams that have multiple owners and he dips further down the list.

Probably 75% of Jerry’s individual valuation is also tied up in the cowboys. Compare that to the Hunts or a David tepper in Carolina whose franchises are worth a lot less but their net worths are nearly twice of Jerry’s.

Yeah, Jerry’s poor. Oh wait, since he’s trailer trash poor is he going to be able to pay Micah?

 

[shabazz]

You really think Jerry Jones is sitting there with a checking account with a billion dollars in it dont you?

I wouldn't.....FDIC only insures 250k per person for each financial institution.

Of course JP Morgan's Private Bank is always a good option for Billionaires day to day needs.

Remember when having a couple million used to be a really big deal?

 

[thunderpimp91]

Yeah, Jerry’s poor. Oh wait, since he’s trailer trash poor is he going to be able to pay Micah?

Yes, late summer, once the league revenue sharing hits team funds.

 

[DuncanIso]

Ponzi scheme.

 

[Flamma]

Philthy not breaking any rules so why isn’t everyone doing this?

My best guess is it's about money. If I buy one car for 50k, and you put 10k down on 5 cars that are 50k, we both spent the same now, but you really spent a lot more. Then consider the guaranteed money for these players. All the guaranteed money has to be set aside and cannot be touched. That's locking up more money in the future. Every owner has their limits. What else could it be?

 

[Flamma]

Yes, Jerry also paid him in August once league revenue sharing money hit. There is a reason Jerry wont sign guys to major contracts early in the offseason unless he absolutely has to. Its not about paying players, of course the Cowboys have funds to pay players, but Jerry doesn't have cash on hand to go get guys. Its why we dont go after free agents. Instead we go after trade targets so they wont get paid until the games start. We push off signing our own guys well into the end of summer. The timing of it all suggests that Jerry doesn't have the cash. He certainly has the assets to raise the cash, but doesnt want to sell those to do so.

This is the best explanation I've seen so far. It is the most logical conclusion.

 

[blueblood70]

The cap will grow every year. So it looks scary now but won’t be as bad each and every year. Philly maximizes value now and isn’t afraid to cut guys loose if they don’t play well. Dallas could easily do the same. But our FO is trash.

Apparently the 16 teams below us what would you call them I mean you're calling Dallas trash even though they're right in the middle what are the other 16 teams below must be trash on fire they must be worse wow there's worse gm's and worse owners in the league than Jerry that's what I got from this but good try that he doesn't want to kick money so far down the road with uncertainty but at least he's in the middle that means they're doing something and a whole lot of other teams are doing nothing

Now take a look at some of those teams in 2nd and 3rd place the Browns seriously the Saints you're telling me that somehow this works it's an absolute is that in your mind it's an absolute if you just do that you're instantly the Eagles no not really there's a whole bunch of teams up there above us that are far worse than us yes far worse and again that means Jerry is not the worst GM and not the worst owner in the league but thank you for pointing that out if you can't see it and you don't get it don't respond there is no blueprint for how you do this because it's obvious a whole bunch of teams that do it are not getting anywhere with it just because it works for the Eagles doesn't mean it's going to work for everyone

 

[Vtwin]

I’m sayin Jerry can pay whatever needs to be paid and he’s not cash strapped like you say.

I admire your perseverance in the face of certain death.

Yeah, Jerry’s poor. Oh wait, since he’s trailer trash poor is he going to be able to pay Micah?

Let's put it this way. If suddenly you had a chance to fulfill one of your dreams and purchase Dak's game worn jock strap for one million dollars, would you be able to write that check then and there or would you have to sell your Cabbage Patch Kids collection to raise the cash? Maybe the Teddy Ruxpin too.

 

[Spottswoode]

Yes, Jerry also paid him in August once league revenue sharing money hit. There is a reason Jerry wont sign guys to major contracts early in the offseason unless he absolutely has to. Its not about paying players, of course the Cowboys have funds to pay players, but Jerry doesn't have cash on hand to go get guys. Its why we dont go after free agents. Instead we go after trade targets so they wont get paid until the games start. We push off signing our own guys well into the end of summer. The timing of it all suggests that Jerry doesn't have the cash. He certainly has the assets to raise the cash, but doesnt want to sell those to do so.

Anyone who is familiar the super wealthy knows that most of that wealth isn’t liquid wealth. The wealthy didn’t become so because they let their money sit on the sidelines. They put their money to work making more money.

Jerry is super wealthy but likely not super liquid.

 

[BoyzBlaster]

Yeah, Jerry’s poor. Oh wait, since he’s trailer trash poor is he going to be able to pay Micah?

You finally said something accurate - Jerry is trash.

 

[mcmvp]

Jerry plays in an entirely different arena economically. I get it that you guys don’t get it. Jerry’s the richest owner in the NFL except for maybe one other.

Oh good lord…you really believe this?

 

[Acceptablename]

I don't see this. Please explain.

The way Philly has done it they have spread out option bonuses over the course of the contract which are prorated for 5 years which is why the have so much money in voidable years. Option bonuses paid in the last years of the contract are prorated beyond the end of the contract. In reality this is not much different than paying large salaries then restructuring to convert the salary into bonuses and pro-rating it. The only difference is the Eagles are pro-rating bonuses into voidable years. Other teams take the CAP hit during the contract term. Although this seems to be changing.

Look at Hurts's deal. His salary peaks at $1.4 million. But he is paid option bonuses every year till the end of his deal. The last 3 years of his contract he is due $150 million in bonuses. His signing bonus was less than $24 million. Dak's was $80 million.

The up front money is really no different than any other contracts where a signing bonus is paid.

Philly's use of voidable year is their choice. The downside is lots of dead money when players retire or are waived. Until recently, I think most teams wanted to avoid dead money but the Eagles chose to build an all-star roster, win a SB or 2 then take the down years. Keep in mind they won a SB in 2017-2018, then rebuilt their roster to win again in 2024-2025 after going 4-11-1 in 2020.

Is it worth it? Would you take 2 SB wins in 7 years over what Dallas is doing?

Of course it's worth it? Two Super Bowls. That's all I've heard it's about SBs

 

[thunderpimp91]

Oh good lord…you really believe this?

Smartest, and best looking too.

 

[Rockport]

Yes, late summer, once the league revenue sharing hits team funds.

 

[Rockport]

I admire your perseverance in the face of certain death.

Let's put it this way. If suddenly you had a chance to fulfill one of your dreams and purchase Dak's game worn jock strap for one million dollars, would you be able to write that check then and there or would you have to sell your Cabbage Patch Kids collection to raise the cash? Maybe the Teddy Ruxpin too.

The troll has been triggered.

 

[Rockport]

Oh good lord…you really believe this?

Yeah, there was an article about it recently. I just did a google and found this which says he’s 5th richest. But everyone agrees he’s worth about 16.6 billion so the idea he can’t pay the contracts the Eagles have because he’s cash poor is ridiculous. I can’t even believe people are arguing over it. It’s fun as hell though to watch you guys get bent over it as well.