We will write and talk a lot in the coming days about the deals teams are re-doing in order to reduce cap fees in the 2023 league year, and push cap costs into 2024.
Some teams, like the Saints and GM Mickey Loomis, have mastered the craft of kicking the caddy. And it’s not like an unexpectedly high utility bill. When teams sign contracts, they know how the money will cap, with typically lower fees in the early years, increased cap consequences in later years, and often a bill on the back end that will chew up cap space after a player is gone.
Each year, teams have to reconfigure contracts in order to comply with the cap. Again, it’s never a surprise. It’s part of managing a supposed spending cap, which, in practice, can be engineered through payments spread out over multiple league years.
And while dollars will inevitably reach a cap at some point, the fact that the cap keeps going up and up makes the dollar cap in 2023 comparatively less of an impact in 2024, when the cap will rise again.
For example, a cap fee of $1 million means lower when the cap is $224.8 million (as it will be this year) than when the cap is $208.2 million (as it was last year). It will mean less than that next year.
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