All true, but only if you count that spectacular 41-0 performance.
Last time I trust you and Ryan as my proofreaders.
Some Colts fans understand how the game is played, although this one still doesn't grasp the fact that Irsay doesn't have deep pockets and apparently has no qualms about a potential impending cash over cap penalty. And doing what he suggests in a thread on Indy Star (responding to someone else who worried aloud that things might be too tight) would cost closer to $50M+ in bonus money this year since they need to sign Freeney and he'll want at least what Richard got ($18), Peyton just pocketed another $10M roster bonus, he wants to pony up $15M to save $3M on Glenn and sign June as well as most of the other UFA's and RFA's to initially cap friendly ong term deals via bonus. Irsay only managed to get through last year with bonuses to Manning and Harrison as well as Wayne and Mathis because he got a one time buyout on the lease arrangement for RCA whereby the city used to pay $10M per to cover Mannings nut. That's $30M gone now, and he's on his own a year before his shiny new taxpayer stadium, which won't generate enough cash flow alone to outstrip the haves, even comes on line. The man had to sell his private rock and roll memorabelia collection in 2004 to help fund Peyton's $34.5M signing bonus for God sakes...
But this intrepid Colts fan says:
"A lot depends on how much money they have to spend. Not the funny money, pie in the sky, cap stuff; but real, hard, cash on the barrelhead, money.
What's the difference, you ask?
The difference is that salary cap numbers are an accounting gimmick. Cash is the stuff you have in the bank. Cash is the stuff that signing bonuses are made of.
On the surface, the Colts have salary cap issues. But, if they're willing to spend enough money, to sign enough guys like Lilja to new contracts, those issues go away.
Take Lilja, for instance. Keeping him off the free agent market will require the team to ante up $1.8 Million, next year. On the other hand, they could sign him to a long term contract that'd shave half a million off that number.
Do the same with Scott, David, Thomas, Reid and Utecht, and you've got enough cap space to sign June.
And, then, there's Tarik Glenn. He's in the final year of a contract that carries a cap value of more than $8 Million. Invest $15 Million in a signing bonus for him, and you can shave that number by $3 Million.
Of course, we're talking about spending $30 or $40 Million on signing bonuses, and that's the rub. "
That is indeed a rub.