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Old 01-02-2007, 09:43 AM   #1
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Question Money Under the Cap Gone???

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???
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Old 01-02-2007, 09:49 AM   #2
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Default Re: Money Under the Cap Gone???

So whats the big deal?

They did restructure one contract of a player (not known at this time) to help future cap numbers.
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Old 01-02-2007, 09:58 AM   #3
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Default Re: Money Under the Cap Gone???

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.
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Old 01-02-2007, 10:05 AM   #4
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Default Re: Money Under the Cap Gone???

Quote:
Originally Posted by SeanBruschi54 View Post
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
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Old 01-02-2007, 10:15 AM   #5
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Default Re: Money Under the Cap Gone???

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Originally Posted by MoLewisrocks View Post
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.
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Old 01-02-2007, 12:20 PM   #6
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Default Re: Money Under the Cap Gone???

[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.
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Old 01-02-2007, 12:54 PM   #7
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Default Re: Money Under the Cap Gone???

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:
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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.
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Old 01-02-2007, 02:40 PM   #8
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Default Re: Money Under the Cap Gone???

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.
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Old 01-02-2007, 03:06 PM   #9
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Default Re: Money Under the Cap Gone???

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Originally Posted by mgteich View Post
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.
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Old 01-02-2007, 04:16 PM   #10
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I know teh Krafts have been good for the team and with private financing they deserve any penny they can squeeze.

I was just shaking the trees to see if missed something that might have
happened.

Guess Graham and Asante will have to wait until offseason!!!

$30MM should be able to get us some FAs too!!!
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