ARE YOU NEW HERE? NOT LOGGED IN? PLEASE TAKE A MOMENT TO REGISTER FOR AN ACCOUNT AND LOGIN TO REMOVE THIS WINDOW
Welcome to PatsFans.com. Do you have an account? If not - please take a moment to register for our forum and experience a much smoother experience with fewer ads, along with no longer having to see this notification window. Also learn about how you can receive a free Patriots T-Shirt from the Patriots Official ProShop by CLICKING HERE. Please enjoy your stay here, and Go Pats!
Did I miss something or don't we lose our money under the 2006 cap with the new year.
I gotta believe we used it before we lost it??
Did not see any new extensions or signing yet???
FEATURED ADVERTISEMENT
DONATE TO PATSFANS.COM
RECEIVE A FREE PATS T-SHIRT AND SAVE 15% OFF WHEN YOU BUY FROM THE OFFICIAL PROSHOP!
Free T-Shirt & Save 15% Off!
Like Our Site? Please help support our site and server costs by DONATING TO PATSFANS.COM and receive a FREE PATRIOTS T-SHIRT and SAVE 15% off EVERY purchase you make from PatriotsProShop.com. You'll also receive added benefits to your account including Removing All Ads During Your Experience Here At Our Forum.
NEEDED YEARLY SITE DONATIONS: 345 | CURRENT # OF SUBSCRIBED SUPPORTERS: 98
The deadline for using that money passed on Saturday afternoon. Reiss reported it was unlikely there were going to be any extensions done before the deadline. That doesn't mean they didn't find ways to "spend" or basically spend down what remained, which was reportedly down to just $3M+ last week, by adding some LTBE incentives to various players contracts. Mike did report that some of the excess had already been spent down that way last week.
Remember the cap is set at $109M for next season and we are reportedly around $30M under heading into 2007.
They did restructure one contract of a player (not known at this time) to help future cap numbers.
Plus Koppen's earlier with some moved to next year there, it sounds like they were able to move $3-$5M into next year. Now if they can just find someone to take their money next year
Remember the cap is set at $109M for next season and we are reportedly around $30M under heading into 2007.
But until every dime of that 2007 $109M is spent, we'll be suffused here with posts lamenting the Krafts' cheapness and front office stupidity.
__________________
Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded — here and there, now and then — are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right-thinking people. Whenever this tiny minority is kept from creating, or (as sometimes happens) is driven out of a society, the people then slip back into abject poverty.
This is known as "bad luck." RAH
[QUOTE=PatsWickedPissah;277552]But until every dime of that 2007 $109M is spent, we'll be suffused here with posts lamenting the Krafts' cheapness and front office stupidity.[/QUOTE
Dead nuts on...amazing isn't it?
The Kraft's save football for New England, keep the team in Foxboro, build the stadium with their own money and no PSL'S, bring us a first class organization all the way complete with a dynasty no less......but, certain ungratefull schmucks in here feel the need to call them cheap OR cite their sucessses after the fact.
It is real easy to tell us how much the franchise is worth now and how rich they are today, AFTER they put it all on the line and took the risk when they needed to.
It appears that they did use most, if not all their cap money - I wonder where and how it all ends up going.
For me, it is not a matter of cheap. It is a matter of spending 2006 cap monies in 2008, 2009 and 2010 instead of in 2006. There weren't enough players available that met our value proposition in 2006. The same will likely be the case in 2007. Hopefully, there will be more extensions that are not backloaded as was previously the practice.
Before the flames, I have no doubt that the FO will make more than reasonable offers to all our high-priority free agents. Unfortunately, that fact alone doesn't put any players on the 2007 squad.
Quote:
Originally Posted by PatsWickedPissah
But until every dime of that 2007 $109M is spent, we'll be suffused here with posts lamenting the Krafts' cheapness and front office stupidity.
Looks like they spent the money wisely, and next year we have some extra money to spend. Do not envision using it on any big named wide receivers, but expect to see some changes in our LB's and CB's. Perhaps lock up Assante, if he wants reasonable numbers. Graham maybe, if it is good value. We also have two #1's which will tie up some cash.
Everytime I hear this org is cheap, wanna maim the author of that thread. Bob Kraft does not equal cheap, by any stretch of the imagination.
__________________ "Being the best doesn't mean you always win. It just means you win more than anyone else".. tweet from Kurt Warner to Tom Brady.
For me, it is not a matter of cheap. It is a matter of spending 2006 cap monies in 2008, 2009 and 2010 instead of in 2006. There weren't enough players available that met our value proposition in 2006. The same will likely be the case in 2007. Hopefully, there will be more extensions that are not backloaded as was previously the practice.
Before the flames, I have no doubt that the FO will make more than reasonable offers to all our high-priority free agents. Unfortunately, that fact alone doesn't put any players on the 2007 squad.
A good business will not throw its salary structure out of whack just because it has a few flush years. You need to do it gradually. If the cap goes up 15% and suddenly you're giving you players 15% more money than the old, it will cause bad feelings. I once worked in a company with cost-of-living increases, and during a profitabkle spell, the sector got competitive, and before you knew it, you had entry level people making more than the people who were there for 10 years.
You simply can't throw your salary structure out of whack and retain team harmony. You're better off spending to the cap by pushing the savings into future years. This allows you to manage the money better because eventually those 15% cap raises are going to end, and when they do, you're going to find a lot of disgruntled players who insist on being paid in current dollars when that team has already spent them. If the Patriots can come to within 3 million of the cap before they push the money forward, that's all you can ask.