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proof that the FO isn't cheap -- at all?

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  • #1

    proof that the FO isn't cheap -- at all?

    http://boards.philadelphiaeagles.com/in ... pic=424291
    From the EMB, not written by Spadaro, it references an article from Forbes in 2005. Couple of posters argue that the Eagles FO busts a gut to compete, and the Redskins are just paying Danny Snyder when it looks like they're paying athletes.

    The main stuff in the thread is from EMB poster BCEagle.
    "Philly fans are great....It's the only place where you pull up on the bus and you've got the grandfather, the grandmother, the kids and the grandkids - everybody flicking you off. At other stadiums, they give you the thumbs-down. Here, they give you the middle finger.”
    — Michael Strahan

    "No one likes us, no one likes us, no one likes us, we don’t care, we’re from Philly, F—-ing Philly, No one likes us, we don’t care!”
    - Jason Kelce with the best championship speech ever
    Tags: None
  • #2
    Impossible....we know the Eagles do not want to win and only want to make as much money as they can on the back of the fans...just because there is ample evidence to contradict that premise does not mean anything IMO...

    *buries head back in sand*
    Eliminate distractions, create energy, fear nothing, and attack everything.

    -Andy Reid

    Comment

    • #3
      Important stuff:
      Let's shoot this rabbit well and true: the Eagles front office does not underspend on its payroll. According to Forbes magazine, the Eagles spent $91 million on its players in 2005, which ranked 6th among NFL teams.

      The Eagles are one of five NFL teams worth a billion dollars or greater -- they are ranked 5th at $1.024 billion dollars. The Eagles are also ranked 5th in revenue, and 4th in terms of operating income -- they aren't hoarding money.

      One thing that the Eagles are not: a cash rich team. They rank 29th in the league in debt to valuation -- with about $350 miilion in serviceable debt. This means that they have to spend three or times as much on interest than say a team like the Chargers. This means that they have less free cash to spend than other teams. This might be one reason why the Eagles tend not to spend a lot of money on signing bonuses -- that money probably comes right out of cash reserves.
      "Philly fans are great....It's the only place where you pull up on the bus and you've got the grandfather, the grandmother, the kids and the grandkids - everybody flicking you off. At other stadiums, they give you the thumbs-down. Here, they give you the middle finger.”
      — Michael Strahan

      "No one likes us, no one likes us, no one likes us, we don’t care, we’re from Philly, F—-ing Philly, No one likes us, we don’t care!”
      - Jason Kelce with the best championship speech ever

      Comment

      • #4
        ............
        Almost all of that debt was floated to build Lincoln Financial Field. A lot of the most valuable NFL teams are cash poor because they built new stadiums. The Eagles and Texans are both billion dollar teams that have assumed debt to build stadiums.

        It's my theory why the Eagles don't pay a lot for signing bonus (Kearse and McNabb are the only exceptions). There are other financial considerations besides the salary (actually, it's a payroll and not a salary) cap.
        ...................
        Only the Detroit Lions ($355 million) have more debt than the Eagles ($328 million).
        "Philly fans are great....It's the only place where you pull up on the bus and you've got the grandfather, the grandmother, the kids and the grandkids - everybody flicking you off. At other stadiums, they give you the thumbs-down. Here, they give you the middle finger.”
        — Michael Strahan

        "No one likes us, no one likes us, no one likes us, we don’t care, we’re from Philly, F—-ing Philly, No one likes us, we don’t care!”
        - Jason Kelce with the best championship speech ever

        Comment

        • #5
          Lurie has invested a lot of money into the team, all of the facilities and the media machine around the team and then last year the league changed it's revenue sharing policies to take more money away from franchises like the Eagles and give it to very poorly run franchises like the Redskins. The Redskins have one of the highest ticket prices in the league and are at, or are very close to, the bottom of the league in payroll. They look like they spend money because their cap space is so tight, but the truth is they take a huge dead money cap hit and every Penny of that dead money goes into Snyder's pocket. It's a shame that the league allows him to continue running the Redskins the way he does, and it's ludicrous that they rewarded him and owners like him with more of the money generated by teams who actually give a damn. They don't really spend all that mush money on their players. It only looks that way. The Falcons, on the other hand, really do spend money ... mainly on one player.
          "Philly fans are great....It's the only place where you pull up on the bus and you've got the grandfather, the grandmother, the kids and the grandkids - everybody flicking you off. At other stadiums, they give you the thumbs-down. Here, they give you the middle finger.”
          — Michael Strahan

          "No one likes us, no one likes us, no one likes us, we don’t care, we’re from Philly, F—-ing Philly, No one likes us, we don’t care!”
          - Jason Kelce with the best championship speech ever

          Comment

          • #6
            (When someone said, "So what if Snyder lines his own pockets?")

            Well, technically the dead money comes mostly from signing bonuses and the Skins have had to pay those bonuses even though those players were cut. However, the situation that they've worked themselves into gives them coercive leverage against the players. Last year when Arrington wanted out of Washington they literally couldn't afford to take the dead money hit for cutting him so in order to get out, he had to repay 6 million dollars of his signing bonuses in order to eliminate the dead money hit and then he could go. That would be fine if they were willing to honor the remainder of his contract, but he just didn't want to play there anymore. The problem was that the whole situation was brought about by the Skins need to restructure all of their higher priced contracts and Lavar didn't want to take a pay cut. The higher priced players who wanted to stay with the Skins were in a position where they pretty much had to restructure their contracts to reduce their base salary and remove all of the bonuses from their contracts. Not honoring the contracts that you sign is not good business practice. Not honoring the contracts that you've signed even though your revenues have increased steadily every year is absurd. Manipulating your accounting in such a way as to prohibit you from having the money to honor your players' contracts even though your revenues have steadily increased is borderline criminal.
            "Philly fans are great....It's the only place where you pull up on the bus and you've got the grandfather, the grandmother, the kids and the grandkids - everybody flicking you off. At other stadiums, they give you the thumbs-down. Here, they give you the middle finger.”
            — Michael Strahan

            "No one likes us, no one likes us, no one likes us, we don’t care, we’re from Philly, F—-ing Philly, No one likes us, we don’t care!”
            - Jason Kelce with the best championship speech ever

            Comment

            • #7
              Originally posted by Vote for Kalas
              Impossible....we know the Eagles do not want to win and only want to make as much money as they can on the back of the fans...just because there is ample evidence to contradict that premise does not mean anything IMO...

              *buries head back in sand*
              I'm sorry, but I have to say it - this shtick is getting almost as tired as the 'FO is cheap/stubborn/arrogant' griping was in the first place.

              Comment

              • #8
                Fans and media keep saying they are cheap and do not care about winning, IMK...even right on this board...despite evidence like this and more...

                I have improved alot I think in not reacting, but at times I cannot help myself...I will keep working at it.
                Eliminate distractions, create energy, fear nothing, and attack everything.

                -Andy Reid

                Comment

                • #9
                  I think they want to win, at a price. They are not willing to really go for it all. They have had opportunities over the years to make a bold statement, and they have not. For the most part they have one eye on protecting the cap number, and being competitive and hoping to get lucky. NE had a down year to their standards and are making a run to win it. They may or they may not but NE is the example for teams to follow not Phila. Winning nothing prove nothing, and I don't care to see Reid's regular season stats. Show me playoff stats against good teams in Jan.
                  Redskins Suck Ass

                  Comment

                  • #10
                    Every team wants to win at a price...it is a salary cap league. There are no teams where price is not considered...

                    What does "going for it all" mean?

                    Bold statements? Like what? And why?

                    Every team has one eye on the cap number if they are smart...

                    NE is the standard I agree...but the Eagles follow the same philosophy and have had very good results as well so far...

                    Oh, so now only playoff wins in January against good teams count? lol...give me a break.
                    Eliminate distractions, create energy, fear nothing, and attack everything.

                    -Andy Reid

                    Comment

                    • #11
                      Originally posted by Vote for Kalas
                      Every team wants to win at a price...it is a salary cap league. There are no teams where price is not considered...

                      What does "going for it all" mean?

                      Bold statements? Like what? And why?

                      Every team has one eye on the cap number if they are smart...

                      NE is the standard I agree...but the Eagles follow the same philosophy and have had very good results as well so far...

                      Oh, so now only playoff wins in January against good teams count? lol...give me a break.
                      Winning games in January against good teams is what it's all about. Beating up on bad Skins team, and bad Gints teams, and 8-8 Dallas teams are not impressive. I understand the Eagles regular season record is impressive. Almost the polar opposite to numbing losses at home vs Carolina, a loss to NO, getting hammered by Tampa Bay etc. So when in the world has not beating team in January been the standard? How do you get to a SB without being a good playoff team? You don't. So see NE. They don't always finish with the best record in the NFL but come Jan they turn into monsters. I don't think the Eagles really scare anyone.
                      Redskins Suck Ass

                      Comment

                      • #12
                        VFK your stance really hammers home this FO philosophy. they want to be competitive.

                        And yes playoff wins in January is really the standard of excellence. Belichick understands this and can show you the rings to back up his theory. You can't play in Feb if your eliminated by middling playoff teams in Jan.
                        Redskins Suck Ass

                        Comment

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