Possible Salary Cap Loophole

[The Real Buffalo Joe]

Let me start my question by saying I’m sure there’s a rule against this, but in my few Google searches, I found nothing. 
 

Let’s  take the Detroit Lions for example. Owned by the Ford family, the same family that owns Ford Motor Company. Lets say there’s a free agent asking to $15 million. Their salary cap will only be able to pay him $10. What’s stopping them from saying in the negotiation room “While we can’t pay you the amount you’re looking for, you’re gonna find Detroit a fine place to live, and more endorsement deals than the other markets,” with the implication being that Ford will sign him to an endorsement deal worth that $5 he was looking for? 

[Draconator]

  On 7/30/2022 at 9:11 PM, The Real Buffalo Joe said:

Let me start my question by saying I’m sure there’s a rule against this, but in my few Google searches, I found nothing. 
 

Let’s  take the Detroit Lions for example. Owned by the Ford family, the same family that owns Ford Motor Company. Lets say there’s a free agent asking to $15 million. Their salary cap will only be able to pay him $10. What’s stopping them from saying in the negotiation room “While we can’t pay you the amount you’re looking for, you’re gonna find Detroit a fine place to live, and more endorsement deals than the other markets,” with the implication being that Ford will sign him to an endorsement deal worth that $5 he was looking for? 

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Not to be an smartass which is my usual posting style, but what you suggest is a definite stretch. Don't think it would work. 

[Son of a K-Gun]

Two glaring things wrong with your post.

1) Detroit is a fine place to live.

2) Ford family willing to spend money.

[StHustle]

  On 7/30/2022 at 9:11 PM, The Real Buffalo Joe said:

Let me start my question by saying I’m sure there’s a rule against this, but in my few Google searches, I found nothing. 
 

Let’s  take the Detroit Lions for example. Owned by the Ford family, the same family that owns Ford Motor Company. Lets say there’s a free agent asking to $15 million. Their salary cap will only be able to pay him $10. What’s stopping them from saying in the negotiation room “While we can’t pay you the amount you’re looking for, you’re gonna find Detroit a fine place to live, and more endorsement deals than the other markets,” with the implication being that Ford will sign him to an endorsement deal worth that $5 he was looking for? 

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Lol well they may as well close the meeting room door and simply offer him a bag of cash under the table. I guess that’s a possibility as well huh

[Augie]

  On 7/30/2022 at 9:19 PM, Draconator said:

Not to be an smartass which is my usual posting style, but what you suggest is a definite stretch. Don't think it would work. 

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Weren’t there rumors that Wayne Huizenga (owner of Blockbuster Video, Waste Management, etc) got Dan Marino in on some IPO’s and other stuff as a way of raising his compensation? I have no idea if that was true, but I’m pretty sure I heard it. In the current cap environment I’m sure the league would find a way to crush that today. 

[Draconator]

  On 7/30/2022 at 9:24 PM, Augie said:

 

Weren’t there rumors that Wayne Huizenga (owner of Blockbuster Video, Waste Management, etc) got Dan Marino in on some IPO’s and other stuff as a way of raising his compensation? I have no idea if that was true, but I’m pretty sure I heard it. In the current cap environment I’m sure the league would find a way to crush that today. 

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Yeah. The league is pretty far reaching on that type of stuff (would be my guess)

[ColoradoBills]

I can see Ed Oliver signing cheap and getting a lucrative PSE contract as a country music star.

[Allen2D̶i̶g̶g̶s̶TBD]

I'm pretty sure non-salary compensation is illegal for NFL players. Otherwise, Terry Pegula could hire Josh Allen as a $100 Million per year janitor for Pegula Sports & Entertainment and then Beane would sign him to the vet minimum to free up cap room.

[co_springs_billsfan]

You are allowed to do that if you call it TB12 Sports Therapy Center

[sven233]

The Pats* did something like this for years with Brady.  They always paid him well below market value and then funneled money into a company he owed to make up the difference.  Can't remember the specifics about the arrangement, but this has been talked about for years with Brady.

[Don Otreply]

  On 7/30/2022 at 9:23 PM, StHustle said:

 

Lol well they may as well close the meeting room door and simply offer him a bag of cash under the table. I guess that’s a possibility as well huh

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It’s likely happened at some point in the past…, 😁👍

 

See the post above, Brady/Kraft/Patriots, not that they have ever cheated or the like…, 

Edited July 30, 2022 by Don Otreply

[Ed_Formerly_of_Roch]

  On 7/30/2022 at 9:30 PM, ColoradoBills said:

I can see Ed Oliver signing cheap and getting a lucrative PSE contract as a country music star.

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Thought you were going to suggest, he'd find an abandoned horse outside his back door.

 

 

  On 7/30/2022 at 9:40 PM, Allen2Diggs said:

I'm pretty sure non-salary compensation is illegal for NFL players. Otherwise, Terry Pegula could hire Josh Allen as a $100 Million per year janitor for Pegula Sports & Entertainment and then Beane would sign him to the vet minimum to free up cap room.

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Come on, this isn't the NCAA!

Edited July 30, 2022 by Ed_Formerly_of_Roch

[The Wiz]

  On 7/30/2022 at 9:40 PM, Allen2Diggs said:

I'm pretty sure non-salary compensation is illegal for NFL players. Otherwise, Terry Pegula could hire Josh Allen as a $100 Million per year janitor for Pegula Sports & Entertainment and then Beane would sign him to the vet minimum to free up cap room.

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To be fair, I would probably want that much money to clean up after those guys also. 

[Mr. WEO]

  On 7/30/2022 at 9:11 PM, The Real Buffalo Joe said:

Let me start my question by saying I’m sure there’s a rule against this, but in my few Google searches, I found nothing. 
 

Let’s  take the Detroit Lions for example. Owned by the Ford family, the same family that owns Ford Motor Company. Lets say there’s a free agent asking to $15 million. Their salary cap will only be able to pay him $10. What’s stopping them from saying in the negotiation room “While we can’t pay you the amount you’re looking for, you’re gonna find Detroit a fine place to live, and more endorsement deals than the other markets,” with the implication being that Ford will sign him to an endorsement deal worth that $5 he was looking for? 

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Dude, the Ford family doesn't own the Ford Motor Company...

[Big Turk]

Isn't that kinda what Kraft did with Brady, using his company TB12 to funnel money to for some random deals through that?

[WhoTom]

  On 7/30/2022 at 10:21 PM, Mr. WEO said:

 

Dude, the Ford family doesn't own the Ford Motor Company...

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No, but one of them is the largest shareholder. His sister owns the Lions.

https://www.langdaleford.com/blog/who-owns-ford-motor-company/

https://en.wikipedia.org/wiki/Sheila_Ford_Hamp

 

[Mr. WEO]

  On 7/30/2022 at 11:17 PM, WhoTom said:

 

No, but one of them is the largest shareholder. His sister owns the Lions.

https://www.langdaleford.com/blog/who-owns-ford-motor-company/

https://en.wikipedia.org/wiki/Sheila_Ford_Hamp

 

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Correct, a shareholder.   The shareholders all own the FMC.  The family can't decide to give a Lions player money for FMC endorsements....

[ControllerOfPlanetX]

  On 7/30/2022 at 9:23 PM, StHustle said:

 

Lol well they may as well close the meeting room door and simply offer him a bag of cash under the table. I guess that’s a possibility as well huh

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When the Bengals tried this…it didn’t work….

 

 

[BringBackFergy]

  On 7/30/2022 at 9:11 PM, The Real Buffalo Joe said:

Let me start my question by saying I’m sure there’s a rule against this, but in my few Google searches, I found nothing. 
 

Let’s  take the Detroit Lions for example. Owned by the Ford family, the same family that owns Ford Motor Company. Lets say there’s a free agent asking to $15 million. Their salary cap will only be able to pay him $10. What’s stopping them from saying in the negotiation room “While we can’t pay you the amount you’re looking for, you’re gonna find Detroit a fine place to live, and more endorsement deals than the other markets,” with the implication being that Ford will sign him to an endorsement deal worth that $5 he was looking for? 

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I have thought the same for years. I needed someone like you, with lucid insight and a keen awareness, to define this loophole. Thanks TRBJ!!

[Saint Doug]

  On 7/30/2022 at 11:56 PM, Mr. WEO said:

 

Correct, a shareholder.   The shareholders all own the FMC.  The family can't decide to give a Lions player money for FMC endorsements....

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William Clay Ford Jr is the Executive Chair of Ford’s Board of Directors. While he doesn’t have an appreciable number of shares (3,868), he undoubtedly holds an enormous amount of sway within the Ford corporation.