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2013 Free Agency: "Teams Don't Have Money"


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Jason has put up his take on the Patriots situation. For the purposes of this thread, I think this is the most relevant paragraph:

As New England enters the 2013 season I have them estimated around $16.1 million in cap room which ties in with the John Clayton cap report of $18.6 million from a few weeks ago. Clayton’s numbers did not include futures contracts or the salary escalators earned by certain players that are just now being accrued by the league. I like to translate these figures into real numbers so there are some adjustments to take into account. Every team is charged $504,000 at the beginning of free agency for workout payments expected to be earned. Teams also need to set aside money for rookie payments. The Patriots hold the 29th slotted pick in rounds 1-3 as well round 7. They also have the Buccaneers 7th round draft pick. Those 5 selections should cost the team a total of $3,311,620 in cap dollars in 2011 with a high of $1,312,918 for their first round pick all the way down to $416,898 assuming no dramatic changes in the calculations. In terms of net cap space that amounts to about $1.69 million as the draft picks replace the bottom of the current roster. For 2014 the total cost should be $4,065,685, which is also the net figure. So realistically before tenders for RFA’s or franchise players the Patriots as of today are looking at a real cap figure of $14 million with $110.5 million for ¾ of a roster in 2014.

Looking at the New England Patriots Salary Cap
 
That's a pretty decent analysis from Jason with a couple of exceptions due to his lack of familiarity with the team and the way they have actually generally operated.

Brady won't get a 5 year extension. His have always been 4 year increments (using the final remaining 2 to spread the amortization from the new deal) except for when they felt they had to wait a season to assess the ACL and in light of the impending uncapped year. That would take him through age 41 and 2018 when the cap from the recent CBA should finally be feeling the full effect of the TV deals. And as long as his entire salary isn't guaranteed prior to the start of that final season, they would have the wiggle room to talk or walk if by then it looks like he's dropping off dramatically. Hopefully they don't ballaxe that negotiation as they have a couple of costly ones over the last couple of seasons, including both Welker and Mankins. They seem to have attempted to go in the opposite direction of late, inking early deals with Mayo, Gronk and Ahern. Although in the latter case they may have overcommitted to the TE's in tandem a little too soon. Particularly in the case of Hernandez who absent Gronk isn't nearly the weapon everyone seems to have envisioned. Holding off on his extension until this off season might have saved them a few million and/or allowed them to structure his deal more along the lines of Gronkowski's.

They blew any option to retain Brady for a final season or two via tag as opposed to via contract when they did the restructure this past season. I assume both sides weighed out their options before they did that and were comfortable with persuing the end game via contract extension. As for the Brees deal setting the bar, Tom has always been content to settle for semantic spitting distance. His new money may be equal, but his old money will not be and 2 years to spread it across will make it a more manageable deal on average. 4 years, $80M plus roughly $30M remaining for 2013-14 or an average of $18M per. Or they could go 3 although that might have to include upping the ante on the guaranteed money because it would lower the AAV to $16M. Risk reward wise given the way Brady has consistently maintained his level of performance an extension as opposed to any other approach would appear to be a slam dunk.

I don't think Jason gets how they value Vince, who has become more than a top tier NT since signing his deal. I see them extending his deal by a couple of seasons because he has gotten better over that time span and early concerns about weight and conditioning and potential utilization have evaporated. Pay him up front for the remaining two years and tag a couple of salary years on the backend. The only concern they might have is emotion, as he did talk about retirement briefly in the aftermath of Sunday. And Bill tends to ascribe to the theory that once a player starts talking about it it is lurking just around the corner. Brief mention may however be discounted. The only knock on Vince, and it's always been there and it's not like Mayo isn't in a similar situation, is he's never really stepped up as a leader in the mold of some of the past Patriots defensive captains. He's not a guy who gets in others grills or instills fear. Hard worker who leads by example but more of a jovial presence in the locker room than a motivator who pushes those around him to step it up.

Cutting Ninkovitch? To save $1.5?? Not gonna happen. Cutting Lloyd is also not gonna happen, although I could see them discussing that option given some level of concern going forward about fit and utilization and style... He didn't have a robust market aside from here with Josh last off season so they could possibly leverage the remaining 2 years of his deal offering incentives to still earn the deal, although that might be a risk given his reported odd personality.

The situations they created by digging in on Mankins and Wellker and to a lesser extent on Vince coupled with the deals they pre-emptively lept into on the TE's and Mayo will unfortunately make for some difficult negotiations and decisions this season as well as going forward over the next couple of seasons when they face extensions for Solder and McCourty and Spikes. As Pioli used to say, can't pay 'em all elite money or the middle class budget will dry up. And the significance of maintaining flexibility in managing your cap can't be overestimated. Maybe that is part of the reason Floyd and the organization have decided to part company. But the personnel arm of the outfit has to start doing a better job of identifying talent, too. Seem to be drafting better the last couple of seasons, but we've also gotten a little too cavalier with trading away draft picks and doling out bonus money to FA who don't stick out of the gate. Can't afford to be burning double digits on dead cap.

Thanks for the feedback. I should have mentioned in the article like I do my others that I'm nowhere near as up on the rosters as I would be the jets. I did that for the other teams and I'm not sure why I failed to do it.

I thought about the 4 year deal on Brady but kind of felt that he might want to pass that 100 million mark and that because of the high prorations he already had that they would need the 7 years for cap purposes. I assumed they would keep his 30 mil or so pay the same the next two years and then kick in with the option bonus in 2015. I would think that could get his cap the next two years when it's more important lower but the 4 year deal is an excellent point. If Brady goes 4 years at that number he is the anti-Revis when it comes to these contracts.
 
He will be fine spinning the new money is equal or maybe a dollar more or the guarantee is somehow better. That's the way they've always rolled. He's always lagged the others on total value or average value of the new deal in it's entirety. But let's face it, Manning is now on a year to year or two year and we'll see deal. Brady's never had to set the bar on total average, just approach it in ways that don't render him a doormat like first three or guarantees. While they are happy with the average based on their ability to spread the amortization backwards and retain some flexibility knowing they won't be facing some phony years loaded not with salary which can easily to away so much as with dead cap that can't to grapple with after he's gone.
 
If memory serves (I didnt bother to look it up :eek: ), this is the year that all the spending floors and minimums and cash outlays all will be fully kicked in. That could lead to low paying teams like the Chiefs finally closing the spending gap. A team like the Chiefs could, for example, easily afford Vollmer, Welker and Talib (players they actually could use) and still have plenty of money left over.

I would have to assume that with Reid immediately taking the job and not even looking elsewhere, he was assured they will spend.
 
That's certainly not the case for the Bengals, Browns, or Colts.

Incidentally, the Cincinnati Bengals only have two running backs under contract for the 2013 NFL Season.

Incidentally, the Indianapolis Colts could use a starting right tackle not named Winston Justice and a competant cornerback not named Cassius Vaughn or Darius Butler.

Butler's had a good year for them.

As far as we're concerned, I think we're going into the year about $18M under the cap. Should be enough to get a few signed, especially if we restructure one or two. I'm not sure Brady might though, he's put off his pay-day for long enough.
 
Butler's had a good year for them.

As far as we're concerned, I think we're going into the year about $18M under the cap. Should be enough to get a few signed, especially if we restructure one or two. I'm not sure Brady might though, he's put off his pay-day for long enough.

He's never really put his payday off. They've done his deals incrementally all along and his new money has always been in range of the top 5 playing highest paid musical chairs. His current deal paid him $18M per new money average. Peyton got $18M in Denver last season and he's about to be guaranteed $20M for 2013 and 2014. But they're doling his money out in Denver incrementally. Not getting the guaranteed money he used to. Brees $100M deal guarantees him $45M. Brady got $42M last time. Brees may not see the backend of his deal. Brady has seen the back end of all of his so far. Brees just played out a 6 year $60M deal. Same deal Brady signed in 2005 that got rolled over into his 4 year $72M deal in 2010.
 
Butler's had a good year for them.

As far as we're concerned, I think we're going into the year about $18M under the cap. Should be enough to get a few signed, especially if we restructure one or two. I'm not sure Brady might though, he's put off his pay-day for long enough.

BritPat: One thing to remember is that Brady restructuring means pushing salary cap into the future, not actual payments.

In fact, in his most recent deal, he actually turned most of his 2012 salary into a signing bonus (allowing them to spread the money out over the rest of the deal), so he actually got it before the season started.
 
That's certainly not the case for the Bengals, Browns, or Colts.

Incidentally, the Cincinnati Bengals only have two running backs under contract for the 2013 NFL Season.

Incidentally, the Indianapolis Colts could use a starting right tackle not named Winston Justice and a competant cornerback not named Cassius Vaughn or Darius Butler.

The Colts have a very young team with a lot players who will be looking to get paid very soon. If they spend now on contracts for Vollmer and Talib they will end up losing their own talent in 1-2 years.

Bengals can take Woodhead how many change of pace backs make sense to have on one roster? Vereen, Demps and Woodhead wouldn't be a good use of money.
 
The Colts have a very young team with a lot players who will be looking to get paid very soon. If they spend now on contracts for Vollmer and Talib they will end up losing their own talent in 1-2 years.
The Colts have over $40 million in cap space. As for the Indianapolis Colts rookie draft class, the Colts won't need to worry about paying them for another three years.
 
serious question...if, for any reason, the Patriots got into a bad cap situation , or paid far more than YOU personally feel is justified for different players,what do YOU do next?....stay a Pats fan?...find another team to follow that is more suiting to your taste in contracts?

I have a lot of free time at this point in my life and yet my allotted Patriot fan time is a full plate. If I devoted even a 1/10th of the time researching contract numbers and making player by player evaluations based on contracts that some do here, I'd have next to zero time to do anything else....especially just being a fan of the football team I grew up rooting for.

I paid $225 for a playoff ticket last week..the stadium was sold out...yet "Teams Don't Have Money" is the hottest thread on this board. It strikes me that teams have plenty of money, and have HAD plenty of money since the TV contracts went intergalactic....so if there is a "No Money" issue as far as teams being able to sign players and keep their part of the NFL machine rolling, then it seems to me that SOMEONE should be directly accountable for being so shortsighted....yes, somebody alright...
 
Bengals can take Woodhead how many change of pace backs make sense to have on one roster? Vereen, Demps and Woodhead wouldn't be a good use of money.

One thing to keep in mind with Woodhead is that we really have no idea whether Demps will indeed live up to all of these high standards or not.

As of now it's nice to imagine, but I'd much rather be able to rely on Woodhead and now even Vereen, as opposed to simply Demps and Vereen...two very different pictures there.

If Demps can contibute as a 5th RB, or even a 4th RB due to injury/PUP or something that can always come up between now and the beginning of the season, that's great. We're all pretty sure that he'll be contributing on kickoff returns and gadget plays, but there's certainly no sure thing that he'll be able to grasp this offense in terms of playbook and blitz pickup to even see the field on many running plays, at least not yet.
 
serious question...if, for any reason, the Patriots got into a bad cap situation , or paid far more than YOU personally feel is justified for different players,what do YOU do next?....stay a Pats fan?...find another team to follow that is more suiting to your taste in contracts?

I have a lot of free time at this point in my life and yet my allotted Patriot fan time is a full plate. If I devoted even a 1/10th of the time researching contract numbers and making player by player evaluations based on contracts that some do here, I'd have next to zero time to do anything else....especially just being a fan of the football team I grew up rooting for.

I paid $225 for a playoff ticket last week..the stadium was sold out...yet "Teams Don't Have Money" is the hottest thread on this board. It strikes me that teams have plenty of money, and have HAD plenty of money since the TV contracts went intergalactic....so if there is a "No Money" issue as far as teams being able to sign players and keep their part of the NFL machine rolling, then it seems to me that SOMEONE should be directly accountable for being so shortsighted....yes, somebody alright...

The NFL and all of its 32 separate parts are certainly a money making machine overall cash wise (your $225 dollar playoff ticket helped that cause), but the reason for the "teams don't have money" talk/concern is that this is the 3rd year in a row where the salary cap has not really budged at all.

We are seeing a flat cap era in this decade so far, so it gets people to talking about how teams will manage their perspective rosters individually as opposed to years past when the cap went up slightly or more each calendar year.

One good thing is that our coach/owner/front office were prepared for this to happen much more than the popular thinking of many other teams at this point last year, so they should be well prepared for that. Another great thing is that they are constantly planning for the future, at least as much as they possibly can. While it may not put them in the best group of prospects, they also don't venture near the cap hell of the poorly managed teams around the NFL who will eventually have to make difficult decisions.
 
Actually the players are lucky DSmith and the NFLPA got the league to pre pay money into the cap that its even this high. IIRC if they had had a true cap number when they signed the CBA, it would have been around 112-14, not the 120MM number they wound up using.

But you are right on the money with your main point. That over the next few years the FA environment is going to be considerably different than what we've seen in the past. The trend to more conservative spending is going to continue. In the past when this has happened it was due to sound fiscal management. Now it will be a function of necessity.

This will makes BB's approach of trading for future picks in the draft much harder won't it? If teams are being more conservative in FA, they'll be valuing their draft picks much higher as a cheaper source of labour.
 
This will makes BB's approach of trading for future picks in the draft much harder won't it? If teams are being more conservative in FA, they'll be valuing their draft picks much higher as a cheaper source of labour.

First of all, this is taking into acct the fact that it's 100% true that free agency will be that much different. While it is certainly possible, we'll need to see how the cap floor comes into effect first before coming to that conclusion.

Secondly, the other side of your thinking is that if teams do indeed value their draft picks even more now, there likely will still be some takers who want to try and bulk up on a certain guy they like or a certain talent field before any significant dropoff occurs..which is usually somewhere around rounds 2-4 depending upon the depth of the individual draft class itself.

I definitely see what you're getting at, but I personally don't think it will be that much more different myself. All it takes is ONE team to want to be impatient and jump the gun to move up and grab their target.

If anything, there could even be some type of debate as to whether or not it'd actually increase the likelihood of Belichick being able to trade down and out to accumulate more picks.

We'll have to watch carefully this year and see how much/if any difference there actually is, not only in the drafting process, but also in free agency. My guess is that it's going to be right around the same as it always is, due to the cap floor rule kicking in. That will force some of the cheaper teams to have to spend to the floor, where some of the others who haven't prepared for the flat cap may have their hands tied a bit more. If it changes anything at all, it may only change who the "usual players" are in the early stages of free agency.
 
First of all, this is taking into acct the fact that it's 100% true that free agency will be that much different. While it is certainly possible, we'll need to see how the cap floor comes into effect first before coming to that conclusion.

Secondly, the other side of your thinking is that if teams do indeed value their draft picks even more now, there likely will still be some takers who want to try and bulk up on a certain guy they like or a certain talent field before any significant dropoff occurs..which is usually somewhere around rounds 2-4 depending upon the depth of the individual draft class itself.

I definitely see what you're getting at, but I personally don't think it will be that much more different myself. All it takes is ONE team to want to be impatient and jump the gun to move up and grab their target.

If anything, there could even be some type of debate as to whether or not it'd actually increase the likelihood of Belichick being able to trade down and out to accumulate more picks.

We'll have to watch carefully this year and see how much/if any difference there actually is, not only in the drafting process, but also in free agency. My guess is that it's going to be right around the same as it always is, due to the cap floor rule kicking in. That will force some of the cheaper teams to have to spend to the floor, where some of the others who haven't prepared for the flat cap may have their hands tied a bit more. If it changes anything at all, it may only change who the "usual players" are in the early stages of free agency.

Yup, you could well be right. Certainly, in last years draft, we saw a big upswing in trades at the top of the draft. On the other hand, BB lost out significantly in one trade in terms of the trade chart value. Certainly a richer trade atmosphere in the draft can only be a good thing for BB.
 
I paid $225 for a playoff ticket last week..the stadium was sold out...yet "Teams Don't Have Money" is the hottest thread on this board. It strikes me that teams have plenty of money, and have HAD plenty of money since the TV contracts went intergalactic....so if there is a "No Money" issue as far as teams being able to sign players and keep their part of the NFL machine rolling, then it seems to me that SOMEONE should be directly accountable for being so shortsighted....yes, somebody alright...

The "don't have money" argument is a cap one, not a revenue one. The owners are raking it in, and will continue to do so. But they want to make sure the money goes into their pockets, and so the cap has remained flat, limiting the amount of money that teams can invest. There have been predictions that even when the new TV revenues start to kick in next year the cap still won't increase much, and possibly not in 2015. Your ticket price is paying ownership more than it is paying the team.
 
This idea that teams don't have money is false. There are at least 3 teams with over $40M to spend. And there are other teams that will open up money to spend as well. The Patriots will also probably open up money much like they have previously.

So, I'm not buying the idea that teams don't have money.. Also, I believe that this is the 1st year that teams have to meet a cap floor..
 
This idea that teams don't have money is false. There are at least 3 teams with over $40M to spend. And there are other teams that will open up money to spend as well. The Patriots will also probably open up money much like they have previously.

So, I'm not buying the idea that teams don't have money.. Also, I believe that this is the 1st year that teams have to meet a cap floor..

I was wondering who the 3 teams were. I find out the Colts are 40 million under the cap with no real major FAs of their own. (33 year old Freeney) Wow...the Colts really have a chance to position themselves as the 2nd best team in the AFC in just Luck's 2nd year.

Luck, Ballard, Hilton, Allen/Fleener will all be in year 2. With the cap they could go sign Vollmer, a good CB, and even Welker. They could then draft a guard and some defense. Geez, Suck for Luck worked.
 
The Colts have a very young team with a lot players who will be looking to get paid very soon. If they spend now on contracts for Vollmer and Talib they will end up losing their own talent in 1-2 years.

Bengals can take Woodhead how many change of pace backs make sense to have on one roster? Vereen, Demps and Woodhead wouldn't be a good use of money.

Demps is unproven and may only be a one trick pony (kick returns). Vereen is still relatively untested, though he did have an excellent game against Houston after Woodhead went down.

Woodhead has done whatever the Pats have asked of him. He's become a very good pass blocker. He's been on special teams, both coverage and return units. That is very hard to let go. And lets not forget that Vereen spent his entire first year injured, for the most part.
 
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