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Mike Florio

πŸ‘€ Speaker
See mentions of this person in podcasts
9302 total appearances
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Appearances Over Time

Podcast Appearances

Rahimi, Harris & Grote Show
Mike Florio ponders what it would cost to trade for Maxx Crosby

That was that guy.

Rahimi, Harris & Grote Show
Mike Florio ponders what it would cost to trade for Maxx Crosby

I think it gets overblown.

Rahimi, Harris & Grote Show
Mike Florio ponders what it would cost to trade for Maxx Crosby

It's very easy to create cap space by restructuring contracts.

Rahimi, Harris & Grote Show
Mike Florio ponders what it would cost to trade for Maxx Crosby

Most contracts now, second contracts, third contracts, big money deals, they have a provision in there that gives the team the automatic right to restructure.

Rahimi, Harris & Grote Show
Mike Florio ponders what it would cost to trade for Maxx Crosby

And it's simply, and I'll keep the numbers as basic as I can, just so I don't short circuit my own brain.

Rahimi, Harris & Grote Show
Mike Florio ponders what it would cost to trade for Maxx Crosby

If somebody is due to make $30 million this year in salary,

Rahimi, Harris & Grote Show
Mike Florio ponders what it would cost to trade for Maxx Crosby

You take that $30 million, you reduce the salary down to the minimum for that player's years of experience, and the rest of it gets treated as a signing bonus, and the money gets spread over five years.

Rahimi, Harris & Grote Show
Mike Florio ponders what it would cost to trade for Maxx Crosby

And so 80% of those cap dollars get pushed out to future years.

Rahimi, Harris & Grote Show
Mike Florio ponders what it would cost to trade for Maxx Crosby

That's the easy way to do it.

Rahimi, Harris & Grote Show
Mike Florio ponders what it would cost to trade for Maxx Crosby

Every year, oh, what was this team?

Rahimi, Harris & Grote Show
Mike Florio ponders what it would cost to trade for Maxx Crosby

What was that team?

Rahimi, Harris & Grote Show
Mike Florio ponders what it would cost to trade for Maxx Crosby

Oh, they're never going to figure it out.

Rahimi, Harris & Grote Show
Mike Florio ponders what it would cost to trade for Maxx Crosby

And they always figure it out.

Rahimi, Harris & Grote Show
Mike Florio ponders what it would cost to trade for Maxx Crosby

The Saints are the best example.

Rahimi, Harris & Grote Show
Mike Florio ponders what it would cost to trade for Maxx Crosby

Every year, how are they ever going to get out of this cap mess?

Rahimi, Harris & Grote Show
Mike Florio ponders what it would cost to trade for Maxx Crosby

And they get out of it.

Rahimi, Harris & Grote Show
Mike Florio ponders what it would cost to trade for Maxx Crosby

And the thing that helps teams is the cap keeps going up and up and up.

Rahimi, Harris & Grote Show
Mike Florio ponders what it would cost to trade for Maxx Crosby

So if you can take current cap dollars and shove them into future years when the cap is higher, the relative impact of that cap dollar is lesser.

Rahimi, Harris & Grote Show
Mike Florio ponders what it would cost to trade for Maxx Crosby

That dollar I would take this year means less in a future year because the cap keeps going up and up.

Rahimi, Harris & Grote Show
Mike Florio ponders what it would cost to trade for Maxx Crosby

So that's the key.