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1st in cap space but the credit cards are maxed......why?

AU-panther

By AU-panther,
in Carolina Panthers

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kungfoodude Grand Master

kungfoodude

Posted
Posted
2 hours ago, AU-panther said:

That is funny and sad all at the same time.

Hurney did it because he had to, usually because overspent in previous years.  This situation is different.

We didn't have to do this, unless we are strongly considering adding someone that we need the space for.

 

The moves were initially because they wanted to free up the space for Watson. That just didn't end up happening.

I don't think we are in dire straights as long as we have competent FO people managing the money tricks. But it does mean that it doesn't take much for the entire house of cards to come tumbling down at some point.

Which, quite honestly, the core talent of the franchise is such an insanely small group that I don't really think it would be that bad if we were in bad cap shape for a couple of seasons. Mostly would end up losing overpaid players or poor contract decisions. There isn't really much in the way of talent we could lose that would make much of a W/L impact the way the team is structured currently. 

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kungfoodude Grand Master

kungfoodude

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Posted
2 minutes ago, Khyber53 said:

The credit cards always win in the end. 

Always.

 

Well, if you can win while sacrificing some point in the future, it doesn't matter.

I would gladly trade a Super Bowl for 3 seasons of sucking. My God....we're dealing with only sucking at the moment and they claim to be trying to win.

I think you just have to be smart about when and how you choose to use those "kick the ball" tricks. Right now, I would say there is zero evidence we are going about it in an intelligent way.

I have yet to see much in the way of intelligence from our organization under this new ownership.

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AU-panther Mentor

AU-panther

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1 hour ago, kungfoodude said:

The moves were initially because they wanted to free up the space for Watson. That just didn't end up happening.

I don't think we are in dire straights as long as we have competent FO people managing the money tricks. But it does mean that it doesn't take much for the entire house of cards to come tumbling down at some point.

Which, quite honestly, the core talent of the franchise is such an insanely small group that I don't really think it would be that bad if we were in bad cap shape for a couple of seasons. Mostly would end up losing overpaid players or poor contract decisions. There isn't really much in the way of talent we could lose that would make much of a W/L impact the way the team is structured currently. 

At first I was thinking it was just because of Watson but he was traded March 20th, and CMC restructured March 22?

 

 

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frankw Grand Master

frankw

Posted
Posted

There is wiggle room with the salary cap and I don't think it is as doomsday inducing as some have suggested in the past. But it is entertaining seeing takes shift from cap hell to cheering Fitterer for playing 4D chess pulling the same moves Hurney did.

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SizzleBuzz Grand Master

SizzleBuzz

Posted
Posted (edited)
9 hours ago, Khyber53 said:

Everyone always thinks they can outsmart the credit cards.

No one ever really does.

All credit card debt should be forgiven along with the student loans...

...make the billionaires eat it 👊🤣

All joking aside, Samir's got this...as Whiny Aaron says r-e-l-a-x ✌️

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Panthers Rhule Mentor

Panthers Rhule

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Posted

I'm not a contract or cap expert for sure and will gladly listen to those who know more about that then I but I have found this explanation.

Not all contract restructures are bad or signal that the team is in trouble in the future. Considering that the NFL allows teams to carry over cap space year-to-year, the cap space saved in 2020 can carry over and help in 2021, if the extra space isn't used. If the team plans accordingly, restructuring is an extremely useful tool to create meaningful cap space.

What I cant find is does this mean that we can trade them in the final, more expensive years of the contract that have less dead cap penalties in their contracts and essentially pass the added future cost of the move on to the team who trades for them or not. 

Like CMC for example. Without going into precise details of his contact, if the penalty of trading him is less in 2023, we could restructure for this season, trade him next season and therefor the money that we saved this season would be passed on to his new team and paid by them instead of us. 

Is that correct? What I mean is if we are supposed to pay him 20 mil both seasons but restructure and only pay 15m this season with the cost next season being to pay 25m but instead trade him and the new team pays the 25m instead of us and we save paying 5m of his total contract on our cap. 

If that's true then our restructures would save of cap space this season and cost us less in overall. meaning that we may be considering trading away our more expensive vets before their last season of their contracts and saving the cap money. 

 

 

 
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Mr. Scot Grand Master

Mr. Scot

Posted
Posted (edited)
9 hours ago, Waldo said:

The Panthers are trying to emulate the Saints 

Not just the Saints...

Can't remember who it was that said it but I read an article not too long ago which stated that this has basically become the norm among the younger GMs of the league, Fitterer included.

Not a big fan of it myself but apparently this is standard operating procedure now, so the people who roll their eyes every time they hear the word "restructure" are gonna have their corneas spinning.

So if you're looking at those future cap estimates and thinking "wow, we've got loads of space next year", you might want to rethink.

Edited by Mr. Scot
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