dead money kills us again

The interest rate gets more favorable, yet the tab still needs to be paid off.
Never argued otherwise.

But the Saints’ philosophy is that you can push each “tab” into a year in which a. It’s a smaller % of your cap and b. It better matches other assets/liabilities.

For example, this year, we are paying off Armstead and Brees. So their numbers look like “bad” dead cap hits. But we pushed back other cap hits to balance it out.

Next year, we’ll have other guys who take up for some “bad” dead money. But then they’ll be off the books.

It’s all in how you stagger it. And Loomis and Harley are great at it.