BringBackFergy Posted March 1, 2016 Share Posted March 1, 2016 I see so many teams signing their best players year after year (you telling me Bob Kraft isn't paying some luxury tax to the NFL for signing Brady to another extension)...what about the Steelers (Big Ben, L. Bell, WR's etc), the Broncos (with Manning, Von Miller, D. Thomas). The list goes on and on of teams that are paying a luxury tax because they go over the salary cap. The article I read awhile ago said the owners approved a bastardized version of the NBA and MLB luxury tax, so why not go ahead and spend money on our good players to retain them and to attract bigger stars. The rule is in place for a reason...pay a little tax if you go over the cap and, in exchange, you get good players. Link to comment Share on other sites More sharing options...
nucci Posted March 1, 2016 Share Posted March 1, 2016 (edited) Haven't read anything about a luxury tax in the NFL. You are not allowed to go over the cap in the NFL. Edited March 1, 2016 by nucci Link to comment Share on other sites More sharing options...
Kirby Jackson Posted March 1, 2016 Share Posted March 1, 2016 I'm not sure if this is sarcasm or not but the NFL has a hard cap. There is no luxury tax. Link to comment Share on other sites More sharing options...
YoloinOhio Posted March 1, 2016 Share Posted March 1, 2016 It's a little early to hit the sauce, BBF. I mean, not for me, but for some people. Hic! Link to comment Share on other sites More sharing options...
Captain_Quint Posted March 1, 2016 Share Posted March 1, 2016 because Kim is CHEAP!!! Link to comment Share on other sites More sharing options...
Jauronimo Posted March 1, 2016 Share Posted March 1, 2016 Because Marrone, Brandon, Littman, and our analytics goons decided that cash to cap is the way to go. Can't spend over the cap if you're going to remain the cheapest franchise in pro sports. Link to comment Share on other sites More sharing options...
Best Player Available Posted March 1, 2016 Share Posted March 1, 2016 paying to the top of the cap = 8-8 on a easy schedule. That was before the hiring of the twin bro. Link to comment Share on other sites More sharing options...
BringBackFergy Posted March 1, 2016 Author Share Posted March 1, 2016 The NFL has what many interpret as a "soft cap" with teams going over the soft cap being charged with a per dollar tax for those amounts over the soft cap value. See Wikipedia and other sources. So the Pegulas could simply pay some large contracts and then pay a small tax for going over the soft cap threshold. I do recall there being discussion among several owners who wanted to move to a luxury tax model; just researched it and can't find the exact article but I believe the NFL By Laws were amended accordingly to impose a "soft luxury user tax" on teams over the limit. I'll keep searching and assume the Pegulas are putting their number crunchers on it as well. Link to comment Share on other sites More sharing options...
nucci Posted March 1, 2016 Share Posted March 1, 2016 (edited) The NFL has what many interpret as a "soft cap" with teams going over the soft cap being charged with a per dollar tax for those amounts over the soft cap value. See Wikipedia and other sources. So the Pegulas could simply pay some large contracts and then pay a small tax for going over the soft cap threshold. I do recall there being discussion among several owners who wanted to move to a luxury tax model; just researched it and can't find the exact article but I believe the NFL By Laws were amended accordingly to impose a "soft luxury user tax" on teams over the limit. I'll keep searching and assume the Pegulas are putting their number crunchers on it as well. Wrong and this would have to have been negotiated with the players union. Teams can be fined and draft picks taken away if they are over the cap Edited March 1, 2016 by nucci Link to comment Share on other sites More sharing options...
prissythecat Posted March 1, 2016 Share Posted March 1, 2016 The NFL has what many interpret as a "soft cap" with teams going over the soft cap being charged with a per dollar tax for those amounts over the soft cap value. See Wikipedia and other sources. So the Pegulas could simply pay some large contracts and then pay a small tax for going over the soft cap threshold. I do recall there being discussion among several owners who wanted to move to a luxury tax model; just researched it and can't find the exact article but I believe the NFL By Laws were amended accordingly to impose a "soft luxury user tax" on teams over the limit. I'll keep searching and assume the Pegulas are putting their number crunchers on it as well. Lol. Wikipedia is bad source of info for many things. Like others have said, the NFL has a hard cap. No team can go above the cap. Link to comment Share on other sites More sharing options...
BringBackFergy Posted March 1, 2016 Author Share Posted March 1, 2016 Lol. Wikipedia is bad source of info for many things. Like others have said, the NFL has a hard cap. No team can go above the cap. You tellin' me some of these teams like the Patriots and Seahawks don't go over the cap?? Ever?? Link to comment Share on other sites More sharing options...
GG Posted March 1, 2016 Share Posted March 1, 2016 You tellin' me some of these teams like the Patriots and Seahawks don't go over the cap?? Ever?? Not in an official contractual way. But they circumvent the cap by co-investing in businesses owned by a prima dona whiny QBs. Link to comment Share on other sites More sharing options...
YoloinOhio Posted March 1, 2016 Share Posted March 1, 2016 Not in an official contractual way. But they circumvent the cap by co-investing in businesses owned by a prima dona whiny QBs. this Link to comment Share on other sites More sharing options...
apuszczalowski Posted March 1, 2016 Share Posted March 1, 2016 Ah yes, the Ol' reliable trustworthy Wikipedia When you want the facts, you gotta use sources from the internet that allow users to post the Information........ Baseball has a soft cap where if you go over the only penalty is a tax. Hockey and football have hard caps that you cannot go over on. You can do some accounting tricks to work around it, but you can't go over it Link to comment Share on other sites More sharing options...
Kirby Jackson Posted March 1, 2016 Share Posted March 1, 2016 The NFL has what many interpret as a "soft cap" with teams going over the soft cap being charged with a per dollar tax for those amounts over the soft cap value. See Wikipedia and other sources. So the Pegulas could simply pay some large contracts and then pay a small tax for going over the soft cap threshold. I do recall there being discussion among several owners who wanted to move to a luxury tax model; just researched it and can't find the exact article but I believe the NFL By Laws were amended accordingly to impose a "soft luxury user tax" on teams over the limit. I'll keep searching and assume the Pegulas are putting their number crunchers on it as well.No, that is what is in basketball and baseball. The NFL has a hard cap.You tellin' me some of these teams like the Patriots and Seahawks don't go over the cap?? Ever??Never Link to comment Share on other sites More sharing options...
GunnerBill Posted March 1, 2016 Share Posted March 1, 2016 Not in an official contractual way. But they circumvent the cap by co-investing in businesses owned by a prima dona whiny QBs. That's about the long and short of it. Never You can of course be over the cap but not once the league year starts... you must be within the cap for your top 51 by the start of the league year. Hence putting the tag on Glenn required Mario's release. Link to comment Share on other sites More sharing options...
Kirby Jackson Posted March 1, 2016 Share Posted March 1, 2016 That's about the long and short of it. You can of course be over the cap but not once the league year starts... you must be within the cap for your top 51 by the start of the league year. Hence putting the tag on Glenn required Mario's release. Correct Link to comment Share on other sites More sharing options...
Nanker Posted March 1, 2016 Share Posted March 1, 2016 (edited) Fergy, let me help you out. The best way to think of it is what the players in each sport have on their heads when they're playing their position in a game. Basketball - they're nekkid, so they've got No Cap. Bas-a-boll - they wear soft cloth hats, so there's a Soft Cap. Foosball on the other hand - they wear hard helmuts, so there's a Hard Cap. I know it can be a bit confusing, but see for yourself: Edited March 1, 2016 by Nanker Link to comment Share on other sites More sharing options...
YoloinOhio Posted March 1, 2016 Share Posted March 1, 2016 (edited) Terry is cheap @mikerodak Terry Pegula has moved up from 452 to 380 on @Forbes annual list of billionaires, released today: http://www.forbes.com/profile/terrence-pegula/?list=billionaires Edited March 1, 2016 by YoloinOhio Link to comment Share on other sites More sharing options...
Doc Posted March 1, 2016 Share Posted March 1, 2016 Not in an official contractual way. But they circumvent the cap by co-investing in businesses owned by a prima dona whiny QBs. Not up on this. Explain please. Link to comment Share on other sites More sharing options...
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