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NFL Snooze News: Volume Four, Por Favor


Heimdallr

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5 hours ago, vike daddy said:

The Cowboys have plenty of problems. But they have one very specific and significant problem at quarterback.

Because they dragged their feet with Dak Prescott in the past, their present entails: (1) Dak entering the last year of his contract; (2) the Cowboys having no way to use the franchise tag to keep him in place for 2025; and (3) a massive 2024 cap number of $59.4 million.

It gives Dak all the cards in the negotiations for an extension. He has the kind of leverage that owner/G.M. Jerry Jones would fully exploit, if in the same situation. Basically, Dak can name his terms.

An item in the Dallas Morning News introduces a smart wrinkle I hadn’t previously considered. Because the contract already carries two voidable years, the Cowboys could (if the contract allows it or Dak agrees to it) implement a simple restructuring that would knock his $29 million salary for 2024 down to the league minimum of $1.21 million. The difference ($27.78 million) would be spread over 2024, 2025, and 2026. That would create $18.52 million in cap space for 2024, dropping his cap number to $40.88 million.

That’s great for 2024. It’s not great for 2025. If the Cowboys fail to extend Dak’s deal before next March, he’d count for nearly $55 million against the cap in 2025 — even if he signs elsewhere.

It still might be the only way out of this mess for the Cowboys. Kick the can and hope the cap goes up so much by 2025 that, if push comes to shove, they can take $55 million in dead money for a player who is no longer on the team.

Regardless, at some point in the next 12 months the Cowboys either need to pay Dak or watch him walk away. And if they don’t extend his contract, they’ll take a total cap charge of $95.915 million in his name over the next two league years.

https://www.nbcsports.com/nfl/profootballtalk/rumor-mill/news/simple-restructuring-of-dak-prescotts-contract-doesnt-solve-the-cowboys-problem

 

speaking of kicking the can down the road....

I love this so much. The only way I could love it more is if it were happening to the Packers or Eagles.

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On 2/22/2024 at 7:13 AM, vike daddy said:

Atlanta is now listed by odds makers as the team most likely to sign Justin Fields.

Which is odd as they're also most likely to sign Cousins, lol.

You can be both.... They are odds. Basically, bettors believe they are going veteran

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I’d be a bit surprised to see Atlanta go after an older vet like Cousins, or Wilson once he’s released. After watching Matt Ryan’s physical skill set decline rapidly after he turned 35, and then dealing with the fallout of his contract, I can’t see them risking the same outcome. 

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On 2/22/2024 at 8:26 AM, swede700 said:

The Saints are continuing to Saint...and marching money down the road.  Whenever Loomis either retires or gets canned, that team is going to be screwed for years.   

 

This is the situation they're in...

And what's really weird about this whole situation is that they are continuing to do it despite not being anywhere near contention for a Super Bowl...and haven't been for 5 years and probably won't be for at least 5 more.

Edited by swede700
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30 minutes ago, swede700 said:

And what's really weird about this whole situation is that they are continuing to do it despite not being anywhere near contention for a Super Bowl...and haven't been for 5 years and probably won't be for at least 5 more.

They’ve created a situation where they can’t reverse course. 

There aren’t enough contracts on their roster to cut for them to get cap compliant. They have no choice but to convert salary into bonus money and kick it down the road. Which just makes each year worse and worse.

Edited by SemperFeist
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10 minutes ago, SemperFeist said:

They’ve created a situation where they can’t reverse course. 

There aren’t enough contracts on their roster to cut for them to get cap compliant. They have no choice but to convert salary into bonus money and kick it down the road. Which just makes each year worse and worse.

It's going to be interesting to see if there ever comes a time where they just can't get under the cap.  I think Loomis is smart enough to plan that out with new player signings so it doesn't, but it just makes it awfully difficult on them to ever be able to compete over the long-term.  They're taking the middle of the pack purgatory to a whole new level. 

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1 hour ago, SemperFeist said:

They’ve created a situation where they can’t reverse course. 

There aren’t enough contracts on their roster to cut for them to get cap compliant. They have no choice but to convert salary into bonus money and kick it down the road. Which just makes each year worse and worse.

Peter and Paul robbery principle, it seems.

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The Chicago Bears are pushing forward with trading quarterback Justin Fields and could do so within the next week, according to a report by Albert Breer of Sports Illustrated.

The Bears are expected to be hashing out details of a trade at the NFL Combine in Indianapolis next week.

“I think the bones of the trade will be set next week,” Breer said in a appearance on ESPN 1000 in Chicago on Friday. “There’s some urgency on the Bears part to get something done.”

https://www.wpxi.com/news/local/chicago-bears-moving-quickly-justin-fields-trade-could-be-done-next-week/UUQHDZO4DRCM3DWX2IWFTWR4XI/

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