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THIS. THIS 10X OVER. Especially this part
All these "theories" that don't account for this will always be woefully incorrect. I used to try to explain it on here but I've given up. Too many are stuck thinking about the salary cap as a static 1 year cycle. Too many talking heads, too many fans, and honestly some teams as well. And this couldn't be farther from the truth.
The salary cap is dynamic and it encompasses the spending of a rolling 5 years. It's the reason, teams are always shocked that the Saints can sign anyone every year. I'm dumbfounded that fans who post to SR and know the Saints are capable of signing whoever they want each year, still go into a doom and gloom spiral at the end of the season. Loomis is a numbers guy. Khai Harley is a salary cap savant. Under Loomis, most all personnel decisions have been made by the head coach. The Saints have just severed ties with one of the historically worst coaches in NFL history. Are we really shocked that the personnel choices over the past few years have not been fruitful?
What has been proposed in this thread aligns with the idea that the salary cap is a series of independent, static year to year calculations. When you look at it like that, like the Raiders currently do, you're panicked into letting good players walk. And perhaps the Raiders will change their philosophy this year with ample salary cap space and an interjection of new ownership, but historically they've operated in such a way that they let the cap interfere with their ability to retain talent at the risk of losing cap space. I think the Saints manipulate the cap based on the percentage the player accounts for within a pool that's ever increasing (except the year it didn't which is the one time the Saints really had a salary cap issue) accounting for the players as a percentage over 5 years instead of a hard number in 1 year. Unfortunately, the personnel decisions have now worked out due to injury (Ramczyk) or bad decisions (Hill). But it's also why Loomis can make 80 million seemingly vanish every year while signing new players. The problem as of late has been who the Saints have decided to keep or sign and not how much. The cap problem looks very different if Hendrickson, Elliss, Chauncey, etc. are still Saints instead the people signed or drafted as alternatives. I wish a deep dive explaining the salary cap would help, but what's the point? People will either not get it or ignore it. It reminds me of the scene from Good Will Hunting (NSFW)...
The people who use the credit card analogy don't make the right comparison either. They think the salary cap is like the outstanding balance on a credit card. It's not. This is the accurate analogy to a credit card.
- The salary cap limit is equal to the credit limit on a credit card, not the balance.
- The NFL is equal to a credit card company that:
- doesn't require you to pay them anything
- in fact, the credit card company pays you every annual statement cycle and they pay you more than the credit limit is
- they only require that you keep the balance under the credit limit every annual cycle
- they automatically raise your credit limit and the amount they pay you every year
- your balance is equal to active player subscriptions plus new player subscriptions
- if your player subscriptions would put you over the credit limit in the current year's annual cycle, they allow you to move current year subscription charges to future annual cycles so you can get under the current minimum balance
- since they raise your credit limit every year, you can keep moving some of the current year player subscription charges into future billing cycles (except for when there is a once in a hundred years global pandemic or some other once in a lifetime global catastrophe that causes a one or two year decrease in the credit limit)