MikeT14 Posted July 17, 2020 Share Posted July 17, 2020 https://www.rotoworld.com/football/nfl/player-news/headlines/9662306 Quote NFL Network's Tom Pelissero reports the league has proposed a $40 million reduction to the 2020 salary cap of $198.2 million. The laughable proposal would necessitate widespread veteran releases and contract re-negotiations. You can probably guess the NFLPA's response: "Lol." The union wants to spread the hit out over multiple future seasons. As Profootballtalk's Mike Florio points out, the players have zero obligation to negotiate the 2020 cap. The "mutual duty to bargain" does not kick in until 2021. It is entirely predictable that the league is trying to spread out the unforeseen losses, something it would never do with unforeseen gains. As was the case with Major League Baseball's coronavirus negotiations, this has the potential to get ugly in a hurry. It is mind boggling that the process was not ramped up sooner. Quote Link to comment Share on other sites More sharing options...
Dome Posted July 17, 2020 Share Posted July 17, 2020 (edited) What a free for all it would become, you’d see veteran homelessness and superstars changing teams for very little compensation to their former team. I’m all for it, we need some NFL news. Edited July 17, 2020 by Dome 11 Quote Link to comment Share on other sites More sharing options...
Deadpulse Posted July 17, 2020 Share Posted July 17, 2020 im with dome, lets get crazy lol That Mahommes contract if this goes through... 4 Quote Link to comment Share on other sites More sharing options...
Hunter2_1 Posted July 17, 2020 Share Posted July 17, 2020 5 minutes ago, Deadpulse said: im with dome, lets get crazy lol That Mahommes contract if this goes through... lol, 64% of the KC market share.... Quote Link to comment Share on other sites More sharing options...
Raves Posted July 17, 2020 Share Posted July 17, 2020 6 minutes ago, Deadpulse said: im with dome, lets get crazy lol That Mahommes contract if this goes through... It doesn't kick in for another 2 years though right? Quote Link to comment Share on other sites More sharing options...
Edge Posted July 17, 2020 Share Posted July 17, 2020 2 minutes ago, Raves said: It doesn't kick in for another 2 years though right? Right. Next year his hit is 24,8 million. 2022 31,8 million so even by then he's not the highest paid QB. Check this projection: https://www.spotrac.com/nfl/cap/2021/ There would be a lot more franchises in a tougher situation than we are. The Eagles, Saints and Falcons would be in cap hell. All, but 11 teams would have a negative Cap Space. Quote Link to comment Share on other sites More sharing options...
ET80 Posted July 17, 2020 Share Posted July 17, 2020 Larmey Tunsil gonna have to play offense and defense to justify his contract next season. Line him up at DB, I guess? 2 Quote Link to comment Share on other sites More sharing options...
swede700 Posted July 17, 2020 Share Posted July 17, 2020 Yeah, that would never fly...I can't imagine even the majority of owners would necessarily agree with doing that, because it would put a great many of them in a bind. Unfortunately, in the end, the owners are just going to have to take the hit to their profits. Their franchise values won't be impacted all that much, unless it continues to happen for several years. 1 Quote Link to comment Share on other sites More sharing options...
Popular Post EaglesPeteC Posted July 17, 2020 Popular Post Share Posted July 17, 2020 Imagine being a billionaire and being like “Lose some money, give up my 4th house? Lol Let’s just take money from the people who worked their entire life for like a 3-5 year peak employment window” 34 Quote Link to comment Share on other sites More sharing options...
DoleINGout Posted July 17, 2020 Share Posted July 17, 2020 4 minutes ago, EaglesPeteC said: Imagine being a billionaire and being like “Lose some money, give up my 4th house? Lol Let’s just take money from the people who worked their entire life for like a 3-5 year peak employment window” this Quote Link to comment Share on other sites More sharing options...
Packerraymond Posted July 17, 2020 Share Posted July 17, 2020 Just to put past profits into perspective, the Green Bay Packers (only team without an owners pockets to dip into) have a 385 million dollar rainy day fund. That's with buying essentially all the land around Lambeau Field and spending hundreds of millions of dollars developing the Titletown district and revamping the stadium in the last decade. Now add all those profits to the other 31 teams who also have a billionaire owner with separate pockets to dip into. 40 million in losses for a year is a drop in the bucket. This is pathetic. 11 Quote Link to comment Share on other sites More sharing options...
NJerseypaint Posted July 17, 2020 Share Posted July 17, 2020 I'm sure the NFL can find a way to get a bridge loan for their losses if the owners don't want to put up their own money. Quote Link to comment Share on other sites More sharing options...
Shanedorf Posted July 17, 2020 Share Posted July 17, 2020 there are zero teams with $ 40M in 2020 cap space right now https://overthecap.com/salary-cap-space/ 1 Quote Link to comment Share on other sites More sharing options...
TheGame316 Posted July 17, 2020 Share Posted July 17, 2020 The players are only entitled to a percentage of revenue. If it isn't a lower cap it the money will be taken through escrow (garnish) players contract So, its a 200 million dollar cap with a 35% escrow on existing contracts (players only see 65% of their salary) or its a 160 Million dollar cap in which players receive 100% of their negotiated salaries but FA's will get screwed with lowball offers due to lack of capspace Pick your poison 3 Quote Link to comment Share on other sites More sharing options...
TheGame316 Posted July 17, 2020 Share Posted July 17, 2020 1 minute ago, Shanedorf said: there are zero teams with $ 40M in 2020 cap space right now https://overthecap.com/salary-cap-space/ Cut, Cut, Cut 1 Quote Link to comment Share on other sites More sharing options...
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