2007 Patriots Cap

[everlong]

The NFL cap is 109M does anybody know what the Pats have spent already before they even think about signing Samuel, Graham, the draft picks or any FA's?

I thought I read some place it was around 88M but I cannot find it. I would figure 4-6M to sign the draft picks so that would leave them around 16M. That should allow them to fill in a lot of holes.

Resign Samuel and Graham.
Take a run at Briggs or Thomas.
Give extensions to Warren and Wilfork in place of waiting....

It should be an interesting off season.

 

[SeanBruschi54]

Somewhere around 30 million before signing anyone.

 

[LiveShot]

They need to sign Asante and draft a bigger version of Hobbs, he is just not tall enough. They also need to get more speed in their safties and linebackers. During the second half Peyton threw through them as you know what goes through a s--t strainer.
Everbody thought Ghostkowski might fail but his play was the best on the entire squad with his kickoffs into the endzone and 2 clutch field goals.

 

[everlong]

Somewhere around 30 million before signing anyone.

If it's 30M and you take 5M for the first rounders then they should make a run at Thomas or Briggs.

 

[DefenseRules]

As usual Miguel had a good analysis of our cap in 2007.

http://www.patscap.com/futureyears.html

Scroll down to the bottom and you will see the amounts for the Grand Total
Projected Cap, and Underage/Overage.
According to Miguel we have $30,839,509 in cap room. That amount does not include escalators or incentives, but it does include dead money.

 

[everlong]

That's awesome thanks for the link.

 

[DefenseRules]

I guess that some of that cap money might go to the following players
Exclusive Rights
Eric Alexander, LB
Brandon "Bam" Childress, WR
Kelvin Kight, WR
Corey Mays, LB
Antwain Spann, CB
Gemara Williams, CB
Mike Wright, DT

Restricted Free Agents
Rashad Baker, S
Randall Gay, CB
Gene Mruczkowski, C
Billy Yates, G

Unrestricted Free Agents
Tully Banta-Cain, LB
Troy Brown, WR
Heath Evans, FB
Chad Scott, CB
Daniel Graham, TE
Larry Izzo, LB
Ray Mickens, CB
Patrick Pass, FB
Asante Samuel, CB
Todd Sauerbrun, P
Junior Seau, LB
Vinny Testaverde, QB
Ken Walter, P

 

[everlong]

Dillon, Corey 4,429,220 4,429,220 4,429,220 UFA
Faulk, Kevin 3,253,720 3,753,720 4,253,720 UFA


That's the cap hits left for Faulk and Dillon left on their contracts. I find it hard to believe they'll go into next year with over 7.5M on these two when they can get players who are just as good as FA's or in the draft for pennies on the dollar. They could restructure their contracts with either/both of them taking pay cuts.

 

[DefenseRules]

Dillon, Corey 4,429,220 4,429,220 4,429,220 UFA
Faulk, Kevin 3,253,720 3,753,720 4,253,720 UFA


That's the cap hits left for Faulk and Dillon left on their contracts. I find it hard to believe they'll go into next year with over 7.5M on these two when they can get players who are just as good as FA's or in the draft for pennies on the dollar. They could restructure their contracts with either/both of them taking pay cuts.

Somone posted in the Corey Dillon thread that the word going around the locker room is that Dillon will retire. If he does, anyone know how that might affect the cap?

 

[PatsFanInVa]

I think Everlong was posting cap hit numbers not salaries... which means the effect if Corey retires is about 4 1/2 million more to play with per year.

BUT, this running game (as of now) needs his part of the 1-2 punch, IMHO. One more year should tell us whether LoMo is the long-term answer. It's a luxury most teams don't have, and maybe we won't either. Beyond that, Maroney is certainly enough to keep a ground threat there, in combination with Hobbs and with Evans available for the short yardage. But I think we need someone to be the shoulder-down, stiffarming maniac.

Anyway, if Corey does take a walk: Dude, you were AWESOME... one thing I will never forget is the class with which you accepted and mentored Maroney. I saw him using Dillon's stiffarm early on and knew "no bad blood...wow."

PFnV

 

[everlong]

"In most cases, if a player retires, the remaining signing bonus that has not been included in salary “accelerates” and is included in that year’s team salary;Thus, the team will take an immediate salary cap hit of the remaining signing bonus."

I got this off of another site. So if he retires it's not a 4.5M hit it's whatever he has left on the signing bonus.

I wouldn't mind them keeping him around I just don't know that he's worth 4.5M at this stage.

 

[Jimke]

In addition to the 30 million available to sign players, we also have

the money that was carried over from 2006. We have 9 exclusive rights free

who will be signed for a modest increase over their 2006 salaries. We only

have two restricted free agent, Gay and Baker. I can't imagine them

getting anything but the minimum tender offer. Gay at one time was quite

good but has been injured the past two years.

We must be better off salary cap wise this year than any year in the Bill

Belichik era. Maybe, this will be the year that we can afford to sign or

re-sign an impact player or two. This is also the time of year that only

the top 53 salaries will count against thhe cap.

 

[everlong]

In addition to the 30 million available to sign players, we also have the money that was carried over from 2006.

You cannot carry money over from year to year. If you could the Cardinals would have about 100M in cap money. They're something sick like 47M as it is.

 

[Jimke]

What the Pats did with about 6 million dollars of their 2006 salary cap

money was give LTBE incentive bonuses to Dan Koppen and Antwain

Spann in 2006. They will not earn this money and the money will be

available to the the Pats in 2007. About 23 other NFL teams also used

this tactic.

 

[everlong]

What the Pats did with about 6 million dollars of their 2006 salary cap

money was give LTBE incentive bonuses to Dan Koppen and Antwain

Spann in 2006. They will not earn this money and the money will be

available to the the Pats in 2007. About 23 other NFL teams also used

this tactic.

That's true, not sure if that's already included in the 30M or not.