The Eagles have been backloading/extending contracts for a while now too. Similar to what Loomis’ has been doing for roughly 20 years. It’ll take some time but eventually the bills come due.
And that's the thing. If you do this, you can accumulate a lot of good talent on the team. You have to pick the right people though. It's a damn sound strategy if you're doing a good job evaluating talent. You know like adding guys like Zach Baun and Chauncey Gardener Johnson. The strategy didn't fail the Saints, the implementation of the strategy did. Now the Saints have to shed these contracts to undeserving players, but they can do so while adding contracts to better players. It wasn't the philosophy that caused the Saints issues. It's giving contracts extensions to Taysom, Carr, Jordan, etc. instead of the young talented players like Barkley. Want a snapshot? The Eagles parted ways with their star CB, 6x probowler Darisu Slay. Dennis Allen would have extended him. That was the problem.