The Financial Hack That Built the Eagles Into the NFL’s Super Team

[“Turbo set!”]

Will need a paywall removal site to read the article.

https://www.wsj.com/sports/football/nfl-void-years-salary-cap-philadelphia-eagles-salary-5839a2da?gaa_at=eafs&gaa_n=ASWzDAgBgsG1KnOfMyysxOTUk3F7yS1dOk7-IkRPUHa1E7rxUJRyCAtvL9HKLOXYK3w%3D&gaa_ts=68be1a0d&gaa_sig=-sVqG8obgH6KP76lQG4dOqpWGXeM2kFjxL501iRf1pzaaDlZc2txs13d3EkdDU0mcp5EEhH3nYfa1M2h9th3rA%3D%3D

Grid from Blowout Cards forums summarized what they do. They pay a lot more than other teams on signing bonuses. Those signing bonuses are spread out over voidable years at the end of the contract. Every team does it, but it requires paying up front money. Eagles owner is one of the wealthiest people in America.

As of right now they have over $427 million in void-year charges for 2026-2033. Which is crazy.

San Fran is doing it too, for the same reason. Gotta strike if you feel you have a SB Caliber team. They are about $205MIL in void. Browns (Almost $200MIL), Saints ($115MIL) & Jaguars ($107MIL) are not all in for a Super Bowl. But still on the list of top VOID

The best of the rest...
6. NYJ: $87.6M
7. MIA: $70.6M
8. DAL: $62.755M
9. TB: $56.1M
10. DET: $52.1M
11. BAL: $50.8M
12. HOU: $47.09M
13. MIN: $47.08M
14. DEN: $40.3M

 

[Steve808]

Stan Kroenke isn't starving. Where are the Rams on this list?

 

[RamFanWA]

Will need a paywall removal site to read the article.

https://www.wsj.com/sports/football/nfl-void-years-salary-cap-philadelphia-eagles-salary-5839a2da?gaa_at=eafs&gaa_n=ASWzDAgBgsG1KnOfMyysxOTUk3F7yS1dOk7-IkRPUHa1E7rxUJRyCAtvL9HKLOXYK3w%3D&gaa_ts=68be1a0d&gaa_sig=-sVqG8obgH6KP76lQG4dOqpWGXeM2kFjxL501iRf1pzaaDlZc2txs13d3EkdDU0mcp5EEhH3nYfa1M2h9th3rA%3D%3D

Grid from Blowout Cards forums summarized what they do. They pay a lot more than other teams on signing bonuses. Those signing bonuses are spread out over voidable years at the end of the contract. Every team does it, but it requires paying up front money. Eagles owner is one of the wealthiest people in America.

As of right now they have over $427 million in void-year charges for 2026-2033. Which is crazy.

San Fran is doing it too, for the same reason. Gotta strike if you feel you have a SB Caliber team. They are about $205MIL in void. Browns (Almost $200MIL), Saints ($115MIL) & Jaguars ($107MIL) are not all in for a Super Bowl. But still on the list of top VOID

The best of the rest...
6. NYJ: $87.6M
7. MIA: $70.6M
8. DAL: $62.755M
9. TB: $56.1M
10. DET: $52.1M
11. BAL: $50.8M
12. HOU: $47.09M
13. MIN: $47.08M
14. DEN: $40.3M

Like this?

https://archive.ph/yyGz0

 

[Tano]

Stan Kroenke isn't starving. Where are the Rams on this list?

Waiting to extend Young Turner Verse Fiske Kinchen Puka etc etc etc

 

[dieterbrock]

So its a "hack" but the top 10 list contains
Browns, Saints, Jaguars, Jets, Dolphins, Cowboys? (And Niners?)
Seems like this is a recipe for disaster
Eagles will be in Cap Hell when that dead money all shows up

 

[kurtfaulk]

So its a "hack" but the top 10 list contains
Browns, Saints, Jaguars, Jets, Dolphins, Cowboys? (And Niners?)
Seems like this is a recipe for disaster
Eagles will be in Cap Hell when that dead money all shows up

It averages $53m dead cap per year.

I guess they think total cap increases will negate some of that.

.

 

[Tano]

It averages $53m dead cap per year.

I guess they think total cap increases will negate some of that.

.

And I bet it does negate a lot of it.

 

[majrleaged]

Stan Kroenke isn't starving. Where are the Rams on this list?

How do you think the Rams paid all those players for the SB run. They just went through the "rebuild" by dumping high priced players. Starting next year or so, they will have to start paying all these young players and they will be near the top again.

 

[dieterbrock]

It averages $53m dead cap per year.

I guess they think total cap increases will negate some of that.

.

When the Browns, Jags & Saints are other members of the 5 team club who has "figured out" this hack, it just doesnt paint a positive picture

 

[“Turbo set!”]

It more than just spending money. It is evaluating talent which the Ealges are good at as well.

The hack isn't just using the voidable years to spread the signing bonuses. Everyone does that. The hack is to spend ridiculous amount of money.

 

[RamsOfCastamere]

Waiting to extend Young Turner Verse Fiske Kinchen Puka etc etc etc

And Avila

 

[OnceARam]

Saw a video on it recently. Basically, Phillly is betting the cap goes up by like double due to a new TV deal coming soon. Also, he sold a percentage of the team to get the money. Seem to have been a good move though as the value of the team has dramatically increased AND they have kept their talent together.

But all this talk about their GM being the greatest ever is ridiculous if you factor in what is essentially a no cap situation.