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NFL should institute a 1 time contract buyout for teams to get under the cap this year


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I think the NFL should consider an NHL style buyout that each team could use to cancel 1 contract in terms of cap ramifications this offseason, especially since the cap is going to all of a sudden dip unexpectedly. Many teams are stuck with contracts that they cannot get rid of, and nobody could have planned for the cap to go down at all, let alone by a significant amount.

 

You buyout the player's contract, thereby immediately making him a free agent. To do so, you pay him a lump sum that is some % of his remaining deal. None of that lump sum counts against your cap, and his contract comes off your cap with no penalty. This has to be done in March of this year, let's say. That's the only window, and it's a 1-time pandemic related measure. 

 

Players get paid, teams can get out from under crazy contracts that were signed in a pre-COVID era, and GMs don't have to cut half their team because getting rid of a Matt Ryan contract, for example, would carry so much dead cap that they could barely field a team. 

 

Also, it must be a player currently on your squad. No doing this to wipe dead cap from previous cuts. And no team has to do it; it's just an option. 

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I think they should smooth out the pain over a period of maybe 10 years or so where the cap doesn't jump as much in the following years to offset the losses from this year...would make far more sense than cause a huge market disruption, team disruption and force a lot of good players to take far less than they normally would get on the open market since not many teams have a lot of cap room and there are a lot of teams that are going to have to cut players loose(especially the Saints).

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Why the hell would any Bills fan ever an be in favor of something like this right now?? The Bills are in better Cap situation than the majority of the league, and currently have a massive advantage in 2021 season as a result..

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3 minutes ago, Jobot said:

Why the hell would any Bills fan ever an be in favor of something like this right now?? The Bills are in better Cap situation than the majority of the league, and currently have a massive advantage in 2021 season as a result..

 

Not really...they are still over the cap and will need to make some moves. The teams that have 20+ million in cap space are going to be able to snap up free agents for pennies on the dollar this year because here is nowhere for them to sign for big dollars. Unfortunately 3 of those such teams are in our division.  I am going to bet winning the division next year will be a lot tougher than it was this year. They are going to be able to load up on good players who normally wouldn't be out there for cheap, at least for next year.

Edited by Big Turk
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Just now, Big Turk said:

 

Not really...they are still over the cap and will need to make some changes. The teams that have 20+ million in cap space are going to be able to snap up free agents for pennies on the dollar this year because here is nowhere for them to sign for big dollars. Unfortunately 3 of those such teams are in our division.  I am going to bet winning the division next year will be a lot tougher than it was this year.

 

Jets - not worried about

Pats - need more than just a qb to fix their offense, they'll hang around, but are only a realistic threat if Buffalo regresses.

Fins - we've clearly got their number and matchup incredibly against them... Maybe it's competitive if Watson somehow moves to Miami, but it would cost Miami a boatload to pull that off..

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1.  The owners take the hit....nope

2.  The players are gonna take some percentage?  They have a contract, lawsuits galore....cant just make up new rules on existing deals.

 

All teams are in the same boat here, its not that bad.  Unless you are the Saints.  

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Just now, mattynh said:

1.  The owners take the hit....nope

2.  The players are gonna take some percentage?  They have a contract, lawsuits galore....cant just make up new rules on existing deals.

 

All teams are in the same boat here, its not that bad.  Unless you are the Saints.  

 

Well, of course the players would have to agree. I think they might, because remember that the % is of their remaining deal, which is not guaranteed anyway. Teams could still cut them and they get nothing going forward, it just screws the team's cap up and reduces the money out there for free agents. 

 

 

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2 minutes ago, TheFunPolice said:

 

Well, of course the players would have to agree. I think they might, because remember that the % is of their remaining deal, which is not guaranteed anyway. Teams could still cut them and they get nothing going forward, it just screws the team's cap up and reduces the money out there for free agents. 

 

 

The money for FA's will be less....for everyone!  All 32 teams and all the players are in the same boat/playing by the same rules.  The owners wont give the players a bigger percentage of revenues out of the goodness of their hearts.  All people involved are healthily compensated, there will be some reductions.  Like many not in football have had to deal with after the real estate crash in 2008 and during this Pandemic.  Teams will get creative with structuring contracts....the Bills will still be really good next year.

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24 minutes ago, Jobot said:

Why the hell would any Bills fan ever an be in favor of something like this right now?? The Bills are in better Cap situation than the majority of the league, and currently have a massive advantage in 2021 season as a result..

 

Technically not the majority of the league.

 

We are 20th in cap space right now. So only better than 12 other teams. And we are currently $8M over the $175M baseline number.

 

https://www.spotrac.com/nfl/cap/

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Terrible idea.  You are suggesting that NFL Players (and partners) benefit when cap raises and benefit again when it lowers.  The NFLPA negotiated in 2020 already on issue.

 

https://www.nfl.com/news/nfl-nflpa-reach-agreement-on-covid-19-adjustments-to-cba

Quote

Financially, the league will spread the impact of any 2020 revenue shortfall due to the pandemic over four years beginning in 2021. The salary cap will be at least $175 million in 2021, while the 2020 cap of $198.2 million remains unchanged. The two sides were able to reach an agreement after owners raised the minimum cap for 2021 from $165 million to $175 million and dropped their request for an $8 million reduction in cap for 2020, per Pelissero.

 

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The next CBA should have a clause in it where your QB contract only counts half of the actual cap number against the cap. That position is so vital to have and yet it absolutely cripples a team in keep other players on it. It would allow you to keep more players and pay more of the middle tier players that make up most of the team and yet are switched out or cut when they are due for a contract raise. Sorta like the Larry Bird rule the NBA had. Just a thought 

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45 minutes ago, TheFunPolice said:

I think the NFL should consider an NHL style buyout that each team could use to cancel 1 contract in terms of cap ramifications this offseason, especially since the cap is going to all of a sudden dip unexpectedly. Many teams are stuck with contracts that they cannot get rid of, and nobody could have planned for the cap to go down at all, let alone by a significant amount.

 

You buyout the player's contract, thereby immediately making him a free agent. To do so, you pay him a lump sum that is some % of his remaining deal. None of that lump sum counts against your cap, and his contract comes off your cap with no penalty. This has to be done in March of this year, let's say. That's the only window, and it's a 1-time pandemic related measure. 

 

Players get paid, teams can get out from under crazy contracts that were signed in a pre-COVID era, and GMs don't have to cut half their team because getting rid of a Matt Ryan contract, for example, would carry so much dead cap that they could barely field a team. 

 

Also, it must be a player currently on your squad. No doing this to wipe dead cap from previous cuts. And no team has to do it; it's just an option. 

 

So you're saying an owner pays a player out of pocket and it doesn't hit the cap?  A year after having massively lowered revenues.

 

Or are you saying they should be able to cancel a contract and cancel guaranteed salaries/get bonuses refunded.  

 

The owners aren't going to do #1, and #2 would lead to a work stoppage.

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