07-13-2022, 09:24 AM
(07-12-2022, 11:32 PM)Luvnit2 Wrote: I suggest you look into meds
I have been in business almost 50 years and yes what I said was true. It is not illegal to borrow money if you have the assets and the bank approves it nothing hidden just a business transaction(s).
As for Packers, like I said look it up, it is specific on their balance sheet as compensation. The Packers are the only team I know that is public so has to share their financials so we are able to see them.
Like I said, look it up and prove me wrong or admit I am correct and you are clueless in the end.
“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
