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Old 07-18-2011, 06:15 PM   #11
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Default Re: A pretty good summary of where the CBA is at and what remains from Brandt

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Originally Posted by Kenneth Sims View Post
The accounting nerd in me is very interested in how the proposed cash floor is going to change things. To me, it's going to make it awfully hard for the Redskins of the world to borrow from the future. How are teams going to get their way out of cap jail if the CBA says they must pay 90% of the cap in cash every year? Under the old rules, teams would just go through a season or two where they'd pay half the cap in cash and the rest would be amortized bonus money to clear their books. Not sure how all this will work out but will be interested to find out.
I've been wondering something similar.

The simplest answer would be that things are being slightly misreported, and as long as your historical, cumulative cash:cap ratio is 1:1 or higher, it's all good.
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Old 07-18-2011, 08:07 PM   #12
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Default Re: A pretty good summary of where the CBA is at and what remains from Brandt

We will probably start getting more details soon since things seem to be moving along.

They have settled the matter of benefits for retirees. The league had been funding the Legacy ("88") fund to the tune of $380M over the last couple of seasons to provide enhanced benefits for pre 1993 retirees. Now that fund will gradually rise over the ten year term of this CBA to $1B in funding with increased contributions of $620M to be shared by the players (via the cap - I assume a deduction from their share of revenue before the cap is set) and teams. Teams will be still be paying a larger share but at least now there is a split. Chris Mortenson said both Goodell and Smith had promised this would happen and in fact revealed that Smith told the players before he was hired that he felt there was a moral obligation for them to contribute and if they didn't think so he was not the man for the job. So good for De.
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Old 07-19-2011, 02:57 AM   #13
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Default Re: A pretty good summary of where the CBA is at and what remains from Brandt

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We will probably start getting more details soon since things seem to be moving along.

They have settled the matter of benefits for retirees. The league had been funding the Legacy ("88") fund to the tune of $380M over the last couple of seasons to provide enhanced benefits for pre 1993 retirees. Now that fund will gradually rise over the ten year term of this CBA to $1B in funding with increased contributions of $620M to be shared by the players (via the cap - I assume a deduction from their share of revenue before the cap is set) and teams. Teams will be still be paying a larger share but at least now there is a split. Chris Mortenson said both Goodell and Smith had promised this would happen and in fact revealed that Smith told the players before he was hired that he felt there was a moral obligation for them to contribute and if they didn't think so he was not the man for the job. So good for De.


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Old 07-19-2011, 06:50 AM   #14
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Thumbs up Re: A pretty good summary of where the CBA is at and what remains from Brandt

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There is an interesting twist to this year’s revenue split, with the Player share, or team Cap, expected to be about $120 million. [bold]Teams can take one player on their roster and apply a $3 million “exception” to reduce his Cap charge by that amount. And in 2012, they apply a $1.5 million “exception” to reduce one player’s Cap charge by that amount. [/bold]These were concessions made by Owners to give Players a $4.5 million per team gift to close the deal, although the guaranteed spend (below) is predicated on the $120 million number.

hmmmmmm. Sounds like the Dolts got a little candy here. How to make sure your past salary cap transgressions can continue unabated w/out repercussions. They already got help due to the uncapped year. Now they get another way to shave off their salary cap mismanagement.

I guess I should just take the BB attitude and watch our own team. We will get some help on TB's contract with this rule too. But it just frustrates me that a Dolt franchise that blew out the cap on Manning; didn't paying the piper for the excessive cap spending and collapse into a cellar dwellar.

Meanwhile the Pats practice cap discipline and thereby get unfairly accused of being cheap etc etc.
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Old 07-19-2011, 07:21 AM   #15
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Default Re: A pretty good summary of where the CBA is at and what remains from Brandt

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hmmmmmm. Sounds like the Dolts got a little candy here. How to make sure your past salary cap transgressions can continue unabated w/out repercussions. They already got help due to the uncapped year. Now they get another way to shave off their salary cap mismanagement.

I guess I should just take the BB attitude and watch our own team. We will get some help on TB's contract with this rule too. But it just frustrates me that a Dolt franchise that blew out the cap on Manning; didn't paying the piper for the excessive cap spending and collapse into a cellar dwellar.

Meanwhile the Pats practice cap discipline and thereby get unfairly accused of being cheap etc etc.
I don't think this was a transgression forgiver. It was a way to make the cap seem no less than the $123M scheduled cap in 2009 (that ultimately got adjusted upwards to $128M because of the impending uncapped season).

A transgression forgiver would be dead cap amnesty and we haven't heard so much as a whisper of that ever even being discussed (except by the guy at JETSCAP...). A proposal that was discussed that would have helped several teams currently up against it was to allow credits on unused cap space from 2009 to the tune of $163M. The Colts had $7M+ left unspent in 2009. We had $2M. But that proposal was scrapped per Clayton.

The Colts are going to be in a bit of a tight spot heading into this new CBA. They are close to the cap before factoring in Manning's tag or cap hit from a new deal and may be looking at multiple cuts and the inability to re-sign most of their own FA let alone anyone elses. Polian may have to break his existing 2007 record for fielding untested NFL talent. They have paid a price. Two trips to the SB and 1 ring they sort of lucked into in over a decade long career for their GOAT candidate. A record they may be hard pressed to improve upon under this new CBA over the remaining 4-5 years of Manning's career.
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Old 07-20-2011, 11:29 AM   #16
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Default Re: A pretty good summary of where the CBA is at and what remains from Brandt

Hopefully this won't detract from the current CBA negotiations and can be dealt with separately.

75 NFL retirees file lawsuit against league, helmet maker over concussions - The Washington Post

Seventy-five former players are suing the National Football League, claiming the league concealed information about the danger of concussions for decades.

The negligence and liability suit filed Tuesday in Los Angeles Superior Court lists Raymond Clayborn, Ottis Anderson and Mark Duper as plaintiffs, among others. Most players listed their wives as co-plaintiffs.

Helmet maker Riddell also is a defendant.

The suit alleges the NFL knew as early as the 1920s of the harmful effects of concussions and claims that information was concealed from coaches, trainers, players and the public until June 2010.

NFL spokesman Greg Aiello says the league hasn’t seen the suit but would “vigorously” contest any claims of that kind.
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