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Originally Posted by htismaqe
There are several NFL owners, including Irsay, who vehemently disagree. Signing bonuses can be pro-rated against the cap, but they must be paid to the player IMMEDIATELY. This is not about the cap, this is about actual money. Irsay had to SELL ASSETS to pay Peyton Manning. Daniel Snyder will NEVER have to do that -- he can re-invest profits in his team.
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Until the Chiefs are no longer making a profit so could the Chiefs. This argument is silly for now.
One other thing Lamar's initial investment in the Chiefs was less than $50K, he has over $700 million in equity, he is a hell of a long way from spending any of his money based on a cash out position on the franchise. Dan Snyder on the other hand paid almost a billion for the Redskins, so he is a long way from no longer having a huge amount of cash sunk into the Redskins.
09-20-2004, 04:58 PM
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