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Old 03-12-2009, 11:17 PM   #1
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Default Cap Room After Two Weeks

Miguel's board shows a $7.8M in cap room with all contacts account for. Some are estimated so some changes could come, but likely nothing significant. We have only a couple of millions left unless cap money is freed up through extensions of Light or Green or Faulk. Wright is likely the last piece of the puzzle before the draft plus perhaps some veteran contract players who only count a net $100K or so.

It will be a long 6 weeks until the draft.

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Old 03-12-2009, 11:35 PM   #2
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Default Re: Cap Room After Two Weeks

seems like there is room for a little more plus the rooks and in season space....I bet there is still a headline before the draft
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Old 03-12-2009, 11:40 PM   #3
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Default Re: Cap Room After Two Weeks

Cap room could be easily came by if the Pats decided they needed oit for a player. Barring a trade though, I don't see there being anyone on the market that the Pats would sign that would command a large contract.
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Old 03-12-2009, 11:49 PM   #4
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Default Re: Cap Room After Two Weeks

OK, you're on. Let's say we wanted to sign Peppers and the 2009 cap hit would be $7M> Please indicate how you would EASILY come by the additional $7M needed.

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Cap room could be easily came by if the Pats decided they needed oit for a player. Barring a trade though, I don't see there being anyone on the market that the Pats would sign that would command a large contract.
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Old 03-12-2009, 11:59 PM   #5
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Default Re: Cap Room After Two Weeks

We are done with free agency. This isn't enough cap room even for our rookies, it will be tight. We will likely re-extend one of our stars to free up a bit of room.
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Old 03-13-2009, 12:00 AM   #6
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Default Re: Cap Room After Two Weeks

We have 11 draft picks and 6 of them are in the first 3 rounds. This mimics the Chiefs who had 12 picks last year and were given a cap of 8 million to sign their rookies. If the Patriots do select all 11 it could very well be around 7 million. Espeically with the total cap number going up.
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Old 03-13-2009, 07:34 AM   #7
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Default Re: Cap Room After Two Weeks

I've used the estimate of about $3M for rookies and another $3M for the other items needed that we need cap money for:

Player 52 and 53 (only 51 counts now)
Practice Squad
Replacements for player on IR and PUP when the season starts
Replacements for players put on IR during the season

My rookie number is net of players already on the team. If we sign 10 players, we will cut 10 players at say $4M, so $7M total less the $4 gives a net rookie cost of $3M. Obviously, this is dependent on who is cut. If a high cost player is cut, the net effect is much less.

The first has the greatest cap effect, the seconds cost a bit, the thirds almost break even and the rest save against the cap. So, the first might cost $2M and the three seconds might cost $2M against the cap and the rest save $1M.

For example:
Sign a 6th at $317K and cut Connely at $467K and save $150K against the cap.
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Old 03-13-2009, 08:10 AM   #8
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Default Re: Cap Room After Two Weeks

Yikes, I wonder what Big Vince is thinking right now ????

He has to be pissed !
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Old 03-13-2009, 08:12 AM   #9
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Default Re: Cap Room After Two Weeks

Quote:
Originally Posted by WhiZa View Post
We have 11 draft picks and 6 of them are in the first 3 rounds. This mimics the Chiefs who had 12 picks last year and were given a cap of 8 million to sign their rookies. If the Patriots do select all 11 it could very well be around 7 million. Espeically with the total cap number going up.
Don't forget KC had a top 5 pick last year though, and high picks in each round. Its a very different situation. No way will the Pats get a 7 milli rookie pool, IMO.

8 mill doesn't sound like a lot, but I agree w some of the above that if they really want another FA (ie J Taylor) they can get him.
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Old 03-13-2009, 08:22 AM   #10
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Default Re: Cap Room After Two Weeks

Quote:
Originally Posted by The_Riddler View Post
Yikes, I wonder what Big Vince is thinking right now ????

He has to be pissed !
Why is he pissed. He's going into an uncapped year.

The rules of an uncapped year make it evident that you will be unable to sign free agents from other teams easily if you advance in the playoffs.

In other words, this is the year to sign free agents. Next year is the year to sign your own guys.

AND, you can give the guys you trust huge salaries in their first year (in lieu of signing bonuses) in order to create cap space for the future.

Because of the rule which prevents you from raising year-to-year salary by more than 30%, there is a HUGE incentive not to renew ANY current contract this year. Teams who are extending guys this year can't count load a big salary into the uncapped year. Whoever takes advantage of the uncapped year sets themselves for a nice little run afterward.
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