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Old 06-08-2012, 05:16 PM   #1
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Default A look at recent financial decisions made by the Pats

I apologize if this has been talked about already today but I thought about it while at work after hearing about the Gronk extension.

In the past 27 months, the Patriots have:

made Vince Wilfork the highest paid NT ever (at the time it was signed)
made Tom Brady the highest paid QB ever (at the time it was signed)
made Logan Mankins the highest paid interior OL ever (at the time it was signed)
gave Jerod Mayo $48.5 million in new money, with 1.5 years left on his rookie deal
gave Gronk $54 million with 2 years left on his rookie deal

But they didn't push hard enough for Peppers or Mario Williams.

Yep.....cheap.
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Old 06-08-2012, 05:25 PM   #2
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Default Re: A look at recent financial decisions made by the Pats

Good post. Those were also all "win-win" deals - they were good deals for the players, and for the club. Gronk gets extended with 2 years left on his rookie contract, but the Pats get one of the hottest offensive players in the game tied up long term at reasonable cost.

Right now those are probably the 5 biggest impact players on the team, all signed through 2014 or longer. The other players with contracts coming up shouldn't be in quite the same rent district:

- OT Sebastian Vollmer - one All Pro selection but back problems in 2011 and his RT position will likely limit his ceiling to less than Mankins kind of money
- WR Wes Welker - age, the slot position and questions of how much the system has benefitted will keep his long term cost down. Currently playing under the franchise tag.
- TE Aaron Hernandez - will cost less than Gronk, or he walks.
- OT Nate Solder - too far out to project. Signed through 2015.
- CB Devin McCourty - too early to project after a poor sophomore season. Signed through 2014.
- S Pat Chung - injuries have limited his playing time, and he's a solid but not top echelon safety.

The team is doing a great job of wrapping up its core players.

Quote:
Originally Posted by Crazy Patriot Guy View Post
I apologize if this has been talked about already today but I thought about it while at work after hearing about the Gronk extension.

In the past 27 months, the Patriots have:

made Vince Wilfork the highest paid NT ever (at the time it was signed)
made Tom Brady the highest paid QB ever (at the time it was signed)
made Logan Mankins the highest paid interior OL ever (at the time it was signed)
gave Jerod Mayo $48.5 million in new money, with 1.5 years left on his rookie deal
gave Gronk $54 million with 2 years left on his rookie deal

But they didn't push hard enough for Peppers or Mario Williams.

Yep.....cheap.
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Old 06-08-2012, 05:26 PM   #3
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Default Re: A look at recent financial decisions made by the Pats

I've said this before, but I really like the way they seem to be focusing the big $$ on retaining their own top talent. It's much lower risk (you already know how they work with YOUR team, in YOUR system); it allows for season-to-season continuity and growth; and it sends a great message about how performance is rewarded.
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Old 06-08-2012, 07:42 PM   #4
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Default Re: A look at recent financial decisions made by the Pats

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I've said this before, but I really like the way they seem to be focusing the big $$ on retaining their own top talent. It's much lower risk (you already know how they work with YOUR team, in YOUR system); it allows for season-to-season continuity and growth; and it sends a great message about how performance is rewarded.
It also can't hurt to have guys like Branch, Gaffney and Stallworth coming back and saying that the grass isn't greener elsewhere.
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Old 06-08-2012, 08:50 PM   #5
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Default Re: A look at recent financial decisions made by the Pats

ESPN's James Walker seems to think that the Pats will now have to choose between long term deals for Wes Welker or for Aaron Hernandez:

Quote:
With "Gronk" in the fold for the long haul, New England's next step is to choose between Hernandez and Welker. The Patriots have a shot to sign one of the two players to a long-term extension, especially if they wait another year. That will be an interesting decision, considering the Patriots already have a tight end in front of Hernandez, but he's nearly a decade younger than Welker.

But signing Gronkowski first was a no-brainer. He has yet to enter his prime and is arguably the best tight end in the NFL. But 2012 might be the last time you see Gronkowski, Hernandez and Welker together on the same team, depending on what the Patriots decide to do next.
Pats chose 'Gronk' over Welker, Hernandez - AFC East Blog - ESPN

Locking up Gronk long term was a great move. NFL.com's Gregg Rosenthanl summed it up very succinctly:

Quote:
You can argue that Gronkowski just enjoyed the best tight end season in NFL history at age 22. His receiving numbers were record-breaking and insane. He is one of the best five blocking tight ends at his position. There are no players like him in the league. He gives the Patriots so many formation options on offense and make the Patriots offense so difficult to defend. That's why Gronkowski deserved special consideration.

Wes Welker is a great player; Gronkowski is a transformational one.
Rob Gronkowski breaks mold with Patriots extension - NFL.com
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Old 06-08-2012, 11:42 PM   #6
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Default Re: A look at recent financial decisions made by the Pats

Quote:
Originally Posted by patchick View Post
I've said this before, but I really like the way they seem to be focusing the big $$ on retaining their own top talent. It's much lower risk (you already know how they work with YOUR team, in YOUR system); it allows for season-to-season continuity and growth; and it sends a great message about how performance is rewarded.
Just an outstanding observation..short, succinct and "hammer meet nail" astute.You should look into a job working P.R. for the Pats, patchick...
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Old 06-08-2012, 11:50 PM   #7
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Default Re: A look at recent financial decisions made by the Pats

yeah...my incredible hatred for anything FESPN aside, how does this clownerette Walker MISS the fact that Welker can be TAGGED....and tagged again...the Pats don't have to choose anything between anybody...this is why I loathe FESPN...this turd is trying to create controversy where there is none now and doesn't look to be anytime soon either...but he just has to blabber on a like some crack addled Nostradumba$$...who the hell is he to DECLARE what the Patriots have to do? Instead he should be playing "Pin The Head On The Jacka$$" with him starring as Zippy the Pinhead...dyam, I really cannot stomach much more of this national sports media garbage.
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Old 06-09-2012, 12:00 AM   #8
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Default Re: A look at recent financial decisions made by the Pats

Quote:
Originally Posted by mayoclinic View Post
ESPN's James Walker seems to think that the Pats will now have to choose between long term deals for Wes Welker or for Aaron Hernandez:



Pats chose 'Gronk' over Welker, Hernandez - AFC East Blog - ESPN

Locking up Gronk long term was a great move. NFL.com's Gregg Rosenthanl summed it up very succinctly:



Rob Gronkowski breaks mold with Patriots extension - NFL.com
Too much of an opinionated piece for my liking, to be honest.

I don't necessarily agree that there should be a choice between Welker or Hernandez. We already have Hernandez through Feb.2014, and could just as easily franchise him allowing the team to secure Hernandez for at least 3 more seasons before any talk of a "long-term" pact needs to be brought up.

3 more seasons is a long time, especially with a minimal committment from the front office.

As far as Welker goes, that situation could easily be taken care of if they come to a fair compromise, allowing him to be here for the same amount of time.

Basically it all comes down to whether or not they can come to an agreement with #83, and if so, they all could still play together for at least 3 more seasons; at least there is a halfway decent chance anyway.
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Old 06-09-2012, 01:43 AM   #9
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Default Re: A look at recent financial decisions made by the Pats

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Too much of an opinionated piece for my liking, to be honest.

I don't necessarily agree that there should be a choice between Welker or Hernandez. We already have Hernandez through Feb.2014, and could just as easily franchise him allowing the team to secure Hernandez for at least 3 more seasons before any talk of a "long-term" pact needs to be brought up.
And the best part is that while, yes, they are giving GRONK $8M this year, they're not changing his 2012 and 2013 salaries. So they could easily do a similar deal with Hernandez later this season/next offseason.
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Old 06-09-2012, 04:13 AM   #10
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Default Re: A look at recent financial decisions made by the Pats

Guess the term, "Cheap Bob Kraft" will forever be regulated to the oxymoron hall of fame...

This is a win for the Patriots, even the numbers for Gronkoski make sense and only the first 3 years are fully guaranteed... Gronk is happy, we are happy and the Patriots are happy..

From Mike Reiss' blog..

http://espn.go.com/blog/boston/new-england-patriots


Quote:
2012 season
Base salary: $540,000 (guaranteed for skill, injury, and cap)
Signing bonus: $8 million (prorated)

2013 season
Base salary: $630,000 (guaranteed for skill, injury, and cap)

2014 season
Base salary: $3.75 million (guaranteed for skill, injury, and cap)

2015 season
Base salary: $4.75 million (conditional guarantee for skill, injury, and cap)
Option bonus: $10 million (prorated; if exercised; extends deal through 2019)

2016 season
Base salary: $2.25 million (non-guaranteed)

2017 season
Base salary: $4.25 million (non-guaranteed)

2018 season
Base salary: $8 million (non-guaranteed)

2019 season
Base salary: $9 million (non-guaranteed)
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