07-13-2022, 10:47 AM
(07-13-2022, 09:24 AM)ATOTR Wrote: “The end result of all these moves was that Green Bay was able to keep their roster intact, they did eventually get under the $182.5 million salary cap, and $50.9 million worth of cap charges were pushed from 2021 to future years, including $29.2 million just to 2022, according to Ken Ingalls, who independently tracks the Packers’ salary cap situation.“
This doesn’t mean they went out and financed player contracts. Lol
Cap charges have nothing to do with an asset ledger. All the bonuses have already been paid in full when the cap hit is moved to the future.
I don't know if Luvinit is talking about income or value when he is talking about their books. But guaranteed future salary that has not been paid yet would be a debt in a value calculation. But a loan to pay salary could also be a debt.
I think guaranteed future salary has to be placed in escrow. So it might appear elsewhere in the books.
