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Possible Salary Cap Loophole


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3 minutes ago, Saint Doug said:


Getting your stock ownership from Yahoo Finance. I need say no more, but I will. You’ve obviously never done any serious investment in your life. Boards do have a fiduciary responsibility to shareholders, yet this is rarely enforced by the SEC. Otherwise, CEOs like Randall Stephenson or Jeff Immelt would’ve never lasted longer than they did or receive their golden parachutes. Outside of fraud, when was the last time the SEC brought allegations against a Board?

 

If you think Ford only owns a couple thousand shares of Ford....well, good for you.

 

Anyway, your argument has devolved into:  sure it's unethical ("fraud"), but hardly anyone ever gets caught!---so it's definitely possible!

 

That's the voice of "serious investment"??  Keep it coming!

 

 

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There’s a lot of rules against it, but where there are rules, there are ways to use them for your own good.  There’s also just simple back office agreements, I’m not buying Brady was so nice he just took less than market value all those years.  I guarantee he got greased well by Kraft.  They are cheaters, we all know it, assuming they would play within the salary rules is foolish. 

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On 7/30/2022 at 5:40 PM, Allen2Diggs said:

I'm pretty sure non-salary compensation is illegal for NFL players. Otherwise, Terry Pegula could hire Josh Allen as a $100 Million per year janitor for Pegula Sports & Entertainment and then Beane would sign him to the vet minimum to free up cap room.

Of course, it's against NFL rules.  The question is whether or not one can be sneaky enough to get away with it.  If you're Robert Kraft and Bill Bellichick youo might try to get away with it, then just bully Roger Goodell if you get caught.

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  • 2 weeks later...
On 7/30/2022 at 7:29 PM, BringBackFergy said:

I have thought the same for years. I needed someone like you, with lucid insight and a keen awareness, to define this loophole. Thanks TRBJ!!

The real problem is, the loophole of owning the Bills AND Sabres... AT THE SAME TIME!

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8 hours ago, The Real Buffalo Joe said:

The real problem is, the loophole of owning the Bills AND Sabres... AT THE SAME TIME!

 

 

🤣  I'd forgotten all about that nonsense here.

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