Mickey Loomis’ End Of Year Press Conference

Can anyone explain to me how covid threw a wrench into our plans post-Drew? Loomis brings that up a couple times as something that changed the cap rules and set us back.

For the first time ever, the cap went down rather than up, and it was significantly down, so we lost probably a good $30m to $40m in cap space at the exact worse time possible - when our renown 2017 draft class were up for contracts, and when Brees retired and hence had his dead cap hits accelerate. For a team like ours that likes to live on the edge, this unforeseen turn of events wreaked havoc on our strategy.

If it wasn’t for that, we likely still have Trey Hendrickson and maybe even Marcus Williams on the roster.