Miguel

I say YES!!


The above numbers presume giving Seymour a $10 million signing bonus this year and a $6 million option next year. This deal would surpass Abraham's in terms of new money over the 1st 3 years AND in terms of new money over the 1st 5 years.

This deal would leave the Pats 15.34 million this year to spend on Tebucky, Gramatica, the draft picks (2.75M), players 52,53 and a 8-man practice squad (1.14M), have an injury replacement reserve (1.25M)and other free agents. Is 15.34 million enough?? It is more than enough.

This deal would leave the Pats with 36.6 million to spend in 2007
http://www.patscap.com/futureyears.html
on 23 players (most of them would be from the 2006 and 2007 draft classes), 8-man practice, and have an injury replacement reserve . Is 36.6 million enough??IMO, it is more than enough.

The more that the Pats frontload Seymour's deal into 2006 the more they can spend in 2007.

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jczxohn1

Hopefully, something is being done behind the scenes to make this happen. An unofficial agreement in principle or something should be in place before the draft. We may not hear about it but if we trade down out of the first rd. it would indicate such is likely. Conversely, if we trade up to a position requiring a hefty signing bonus, it probably isn't good news for Sey. Also, out of that 15 mil. some accomodation will need to be made for Branch. IMO, it is more likely we try to keep him than Sey. While Sey's backups may be adequate at best, that cannot be said for Branch, and the draft doesn't hold much promise for replacing a #1, either.

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``The officials now are evaluating the players and their performance, I mean, that's great,'' Belichick deadpanned. ``I can't say how much that means to me, really.''

patsfan13

I would guess that if we don't hear anything from Sey or his agent, then there is an agreement in principal in place. Since an agreement can't be signed before August as per the CBA, even if the deal is done the Pats won't say word 1.

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"Some guys play in all-star games, some guys don't. I don't know who picks all those all-star teams. In all honesty, I don't know who picks the combine, for that matter," Belichick said. "How does (Miami-Ohio offensive lineman Brandon) Brooks not get invited to the combine? How did Vollmer not get invited to the combine? I don't know. We can't really worry about that. We just have to try to evaluate them the best we can."

BradyisGod

Well, if not, see ya Richard

PatsFanInVa

Miguel, would frontloading more than this be too much assumption of risk on the Pats' part? Also, do you think Sey is so burned by LTBEs that he would not consider them, regardless how structured? Let's take the simple(r) case of playing time - do you think he'd go for a decent portion in LTBEs?

I ask because it seems like the biggest problem with moving money forward via a 2006 roster bonus, is that you take money off the table. When you take it off the table, Sey's risk decreases and the team's increases.

For cap management purposes, I want to take the hit early - add a roster bonus in 06, decrease future cap hits further, and call it a day.

For risk management purposes, I want to leave money on the table. I especially like the idea of Sey knowing he has the hottest deal in history for a DL, IF the high level of performance continues. It is also nice to be able to cut Sey more easily in the case of a bad injury or decreased performance (sorry Richard,) without going to dead money hell.

But I'm also acutely aware that finding the right measurable is hard to do, in Sey's case.

Therefore - is the only useful adjustment to add a roster bonus? Could we afford, say, a 3M roster bonus this year, to take off 500K/year in future years? With the recent signings, it's looking like nobody wants to be that future-oriented, but heck, I'd do it.

PFnV

Miguel

Such a move would require the Pats to move into picks 1 through 4. Even if the Pats were to include all of their Day 1 picks, they still would not have enough ammo to make such a move according to the trade value chart.

$15 million is more than enough to take care of Branch and everything else previously mentioned.

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MoLewisrocks

As long as we have enough money for Martin...

As BB is fond of saying, and at this juncture it's really true, we can afford anybody. This as usual will ultimately be about what they want to pay Richard in relation to how they slot salary throughout the rest of the team, and what they believe he is worth to this team.

According to Felger's info Richard wants upwards of $20M in signing bonus. If you split much less than that into two tiers, I doubt it's a deal he'd agree to. I know, I was wrong about Brady agreeing to the implicit guarantee - but his deal was necessarily dictated by the CBA situation at the time, it was 2 years early and it was Brady. Seymour is no Brady, I fear.

One way or another we should know by July if not sooner.

PatsFanInVa

[QUOTE=MoLewisrocks]
According to Felger's info Richard wants upwards of $20M in signing bonus. QUOTE]

20M specifically in signing bonus, or 20M in his pocket this year? (e.g., 6M sal, 4M roster bonus, 10M signing bonus?)

20M signing bonus is a lotttttta risk.

PFnV

Miguel

I swear that someone wrote:
"My guess is Belioli would be looking for a 6 year $7-$8M AAV deal with <$25M guaranteed over the first 3 and a two tiered bonus structure ($10M now and $6-8M in 3/07 similar to the Brady split) and perhaps roster bonuses guaranteed by playing time triggers reached in 2006-2008 for 2009-20010 (as a hedge against those knees) with decreasing backend salaries like Brady's."

So I used that post as my template.

Let's say that the deal does include the $20 million signing bonus, which has to be the worst case scenario in terms of cap impact. The Pats are left with
13.34 million this year to spend on Branch, Koppen, Samuel, Tebucky, Gramatica, the draft picks (2.75M), players 52,53 and a 8-man practice squad (1.14M), have an injury replacement reserve (1.25M)and other free agents. Is 13.34 million enough?? It is more than enough.

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Miguel

Adding a 3M roster bonus would add $2.4 million to Seymour's 2006 cap hit.

The Pats would be left with just around $13 million this year to spend on Branch, Koppen, Samuel, Tebucky, Gramatica, the draft picks (2.75M), players 52,53 and a 8-man practice squad (1.14M), have an injury replacement reserve (1.25M)and other free agents. Is 13 million enough?? It is more than enough.

Why was Warfield signed to a two-year deal?? IMO, because the Pats are hard-pressed to use all of their cap space. If his deal was just an one-year deal, it would qualify for the vet min treatment and his 2006 cap number would be $455,720 and not $740,720.

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