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Seymour could have been franchised and then franchised again. Barring that, he could have been franchised and then had a contract worked out in the uncapped year.
The trade was a terrible one.
Seymour could only be franchised if the Pats had a deal done with Wilfork. Since it seems pretty clear the Pats valued Wilfork more than Seymour, he couldn't have been franchised the way the Wilfork negotiations panned out.