Breaking! Saints fired Dennis Allen (4 Viewers)

[DSnfla]

The Problem lies with the strategy. I just got my check, paid all my bills, emptied my savings and maxed out my credit cards for the next 6 months... my house flooded. Cant pay my deductible.. im forked. Cant borrow off the equity of my house cause my cards are maxed.... and my credit is forked.

Bad analogy, except for the flooding of the house if it relates to the cap due to covid. Would you be getting a 10-13 % salary increase EVERY yr that you could borrow against?? Because NFL teams do. Also do have a way you can every yr to do cheap repairs that ascend in value like the NFL draft? I think not.
You can't compare regular people's or even company's finances to a NFL team , there are factors that are not the same in reg business

 

[DSnfla]

you can find it yourself.

My comment was not that GB was behind the in season firing, it was that there was no proof that she went behind ML's back and emailed players . It's my thinking and Underhill said the same thing is that ML would have fired DA at the end of the season
Breer's article did not say that she went behind ML's back

 

[St. Geezy]

The Problem lies with the strategy. I just got my check, paid all my bills, emptied my savings and maxed out my credit cards for the next 6 months... my house flooded. Cant pay my deductible.. im forked. Cant borrow off the equity of my house cause my cards are maxed.... and my credit is forked.

I’ll play along…

For this analogy to apply properly, you’d have to say that you have almost unlimited credit for the next five years that you can access at all times and go over the spending limit for each of those years, but you simply have to pay the bill at the start of each year.

There is a lot I don’t agree with with Mickey, but I am fully convinced that he is right in that the accounting strategy criticism is way overblown and based on external misconceptions.

 

[DSnfla]

I’ll play along…

For this analogy to apply properly, you’d have to say that you have almost unlimited credit for the next five years that you can access at all times and go over the spending limit for each of those years, but you simply have to pay the bill at the start of each year.

There is a lot I don’t agree with with Mickey, but I am fully convinced that he is right in that the accounting strategy criticism is way overblown and based on external misconceptions.

But But But , we are 60mil over the cap and we can't afford to sign any good players woe is us !!!!

 

[kcirdor]

I’ll play along…

For this analogy to apply properly, you’d have to say that you have almost unlimited credit for the next five years that you can access at all times and go over the spending limit for each of those years, but you simply have to pay the bill at the start of each year.

There is a lot I don’t agree with with Mickey, but I am fully convinced that he is right in that the accounting strategy criticism is way overblown and based on external misconceptions.

Except you can't because it's this year and the you don't have access to the future because you maxed it all out. You sit with a moldy house and can' only replace a portion of the moldy drywall when you gain access to next years allotment which you plan to max out immediately... and just hope another hurricane doesn't come through.... ok.

 

[St. Geezy]

Except you can't because it's this year and the you don't have access to the future because you maxed it all out.

There are always ways, if you want to. Void years, restructures on guys you planned to keep anyway, etc.

You do have to be responsible and not get reckless with it though.

 

[St. Geezy]

But But But , we are 60mil over the cap and we can't afford to sign any good players woe is us !!!!

Every year man.

You would think the year we went into an off-season $99m over the cap and still was able to sign the league’s highest paid free agent that off-season to a $135m deal, all this talk would cease.

That was the most extreme example possible to illustrate what the salary cap really is…nothing but an accounting project to fit what you want to fit into it, responsibly.

We spend one off-season doing that, scaling things back intentionally slightly, to be responsible while loading up for the next true run, and people use that as ammo for “See, we are now limited; this system sucks.”

 

[kcirdor]

Borrowing a little is fine. Maxing out is the problem. It is the only problem we are discussing. Not borrowing. Maxing. You can not max out in case of disaster.


and for the last time..... This year is not every year. THIS YEAR is the exact example we have been complaining about for years. THIS YEAR... NOT EVERY YEAR. THIS YEAR... and you can say... BUT Covid ruined the cap.... and the response is NO sheet covid cap year is exactly the type of sheet we are griping about.

 

[kcirdor]

Anyway... it doesn't matter... This off season I argued with more than half the board about the cap situation... and mid season that HALF the board is now down to two people it seems... It's been quite interesting watching people change their tune.

 

[St. Geezy]

Borrowing a little is fine. Maxing out is the problem. It is the only problem we are discussing. Not borrowing. Maxing. You can not max out in case of disaster.


and for the last time..... This year is not every year. THIS YEAR is the exact example we have been complaining about for years. THIS YEAR... NOT EVERY YEAR. THIS YEAR... and you can say... BUT Covid ruined the cap.... and the response is NO sheet covid cap year is exactly the type of sheet we are griping about.

So Mickey Loomis, a CPA with his accounting degree and finance background and years of experience, demonstrating each year that we can achieve compliance and sign free agents, including the highest paid FA a year ago when we were nearly $100 million over this supposed “salary cap,” says it is overblown. Also, Khai Harley, a CPA who also was in charge of league cap compliance as well as player contract approvals at the league level and knows all the ins and outs of achieving compliance says it is overblown and just a complex accounting project, but fans on SR, and all their intricate detailed knowledge of our internal books and long term plans, know better. Got it.

 

[kcirdor]

I don't trust Loomis. We were inches away from getting Watson... we kept DA two seasons too long.... We were gonna let the flooded house mold over before gutting the walls(firing DA)...

Using Loomis as the defense to Loomis isn't gonna work.

 

[St. Geezy]

I don't trust Loomis. We were inches away from getting Watson... we kept DA two seasons too long.... We were gonna let the flooded house mold over before gutting the walls(firing DA)...

Using Loomis as the defense to Loomis isn't gonna work.

Fair. I think it’s different when it comes to matters of accounting/math, but that’s fine.

I trust our process, or rather, I just don’t think it matters as much as drafting well, coaching well, and of course, staying healthy.

We were never a big free agent shopping spree team anyway. We like value in free agency/trades, and to extend the ones that work out beyond expectation.

 

[kcirdor]

 

[DSnfla]

Except you can't because it's this year and the you don't have access to the future because you maxed it all out. You sit with a moldy house and can' only replace a portion of the moldy drywall when you gain access to next years allotment which you plan to max out immediately... and just hope another hurricane doesn't come through.... ok.

The only reason it would have been a problem this yr is due to being decimated by injuries. We could have withstood a normal amount of injuries but not the insane amount we have. But the real issue is not how we do the cap it's the poor management of the draft, not only missing on picks but trading up and STILL missing on picks. If we drafted well or even not made the Davenport deal and the Philly trade we would have a supply of young cheap players to offset the dead cap $

 

[DSnfla]

Borrowing a little is fine. Maxing out is the problem. It is the only problem we are discussing. Not borrowing. Maxing. You can not max out in case of disaster.


and for the last time..... This year is not every year. THIS YEAR is the exact example we have been complaining about for years. THIS YEAR... NOT EVERY YEAR. THIS YEAR... and you can say... BUT Covid ruined the cap.... and the response is NO sheet covid cap year is exactly the type of sheet we are griping about.

LOL so you want to prepare for a every 100 yr disaster by not maximising your cap $
Even if we had a decent amount of cap space this yr no team is going to spend starter $ on backups expecting most of your starters going down for half the yr.
And let's say we had cap space and most of our starters went down in the 1st 5 games the amount of quality players left available to sign were just not there