RUMOR: Revis "to hit the market?"

I wouldn't blame Revis if he left to the Jets for that ridiculous amount of mone, but he really needs to consider his legacy he can easily become the greatest CB ever helping TB12 and BB lead the Pats to hopefully another SB or two

strngplyr said:

They will because the option isn't due to be picked up until April 1st and barring a few other moves instead we are still over the cap, which I believe we need to be under before March 10th.

I can't imagine we're waiting until April to hear about Revis unless a Mayo restructure/paycut or Amendola paycut/cut is announced in the next 3 days.

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Even then - neither would open up enough money to allow us to resign McCourty or Vereen. If they have a "wink, wink, nod, nod" deal with McCourty, fine, but they still wouldn't be able to sign any external free agents. It would sort of be like when they franchised Cassel 6 years ago; they needed to move him ASAP because they wouldn't be able to be active free agency otherwise. So I can't see any possible way they would not decline the option by 3/10 if an extension isn't reached by then.

ArchAngel007 said:

I wouldn't blame Revis if he left to the Jets for that ridiculous amount of mone, but he really needs to consider his legacy he can easily become the greatest CB ever helping TB12 and BB lead the Pats to hopefully another SB or two

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I couldn't blame him either. But I don't know what is going on inside Revis's head. A lot of money and a winning team, or an absurd amount of money and a loser franchise. Tough to know.

Kdo5 said:

I will collapse with a sigh of relief if I see that news on Sunday.

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Very un-Patriot like to leak out how confident they are with any negotiations. I call BS

Marqui said:

That was kind of misleading, Cole said expect the Pats to make a decision on him by Sunday.

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I don't see much significant difference between announcement on Sunday, Monday or Tuesday at 3:59 PM.

A lot of announcements will likely be made before Tuesday at 4PM. Few have been made so far.

I suppose Belichick could wait until Tuesday, so that other team's aren't sure whether he will be in the market or not. I suppose that Belichick can add to the uncertainly by having someone talk to free agency cornerbacks during the legal tampering period.

The only decision that will HUGELY affect the signing of other players would be if the patriots decided to pick up the option, thus using up $20M of 2015 cap space instead of $5-10M that would be required in a re-signing.

cole is a tool bag like we saw yesterday...take nothing he says seriously

Brady_to_Moss said:

cole is a tool bag like we saw yesterday...take nothing he says seriously

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What'd he say yesterday?

Cole basically said that the Pats hope to have a long term deal in place before they have to pick up their option and if not they will decline the option by the deadline and Revis will be a free agent. This is major news. I am surprised all the networks aren't leading with this.

mgteich said:

????????
There are ZERO dollars lost in cap space by cutting Revis. The patriots would gain $20M of cap space. The $5M associated with last year's contract will hit the 2015 cap no matter what the patriot's choose to do.

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Clarification: If they cut him $5m in left from pro-ration from 2014 deal and is recognized as dead money on the 2015 cap.

http://www.patscap.com/revis.html#revis

To be honest, this is my first year actually paying attention during the offseason. Usually I give up on football when the Pats lose in the playoffs and only show up when i catch wind of something happening. To me, it feels like this offseason is going to be a total disaster. Lose Wilfork, lose DMac, lose Revis.. that's what it feels like to me right now. Am I way off-base?

Sort of dumb to just swallow a $5M cap hit on Revis. I mean his dead money cap hit would rank in the top 10 of the cap hits on the team all on its own. That doesn't seem like very good cap management to me.

KamikazeKnight said:

To be honest, this is my first year actually paying attention during the offseason. Usually I give up on football when the Pats lose in the playoffs and only show up when i catch wind of something happening. To me, it feels like this offseason is going to be a total disaster. Lose Wilfork, lose DMac, lose Revis.. that's what it feels like to me right now. Am I way off-base?

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Maybe the offseason just isn't for you?

KamikazeKnight said:

To be honest, this is my first year actually paying attention during the offseason. Usually I give up on football when the Pats lose in the playoffs and only show up when i catch wind of something happening. To me, it feels like this offseason is going to be a total disaster. Lose Wilfork, lose DMac, lose Revis.. that's what it feels like to me right now. Am I way off-base?

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This is pretty much the modus operandi for NE every offseason. Everyone freaks out when players go to the market, NE lets them shop around and generally the important players are brought back. The Wilfork deal wasn't surprising, 10mm for a safety is pretty ridiculous, and Revis will probably field offers to use as leverage against NE and likely end up coming back for somewhere @14mm AAV.

That is assuming the Jets don't go full ****** and offer him something around 20mm AAV which would not surprise me.

Why are people freaking out about that $5M? It's either considered dead money or prorated bonus, and the effect on the cap is the same either way. It doesn't make any sense that the $5M is somehow worse if he's not on the roster.

KamikazeKnight said:

To be honest, this is my first year actually paying attention during the offseason. Usually I give up on football when the Pats lose in the playoffs and only show up when i catch wind of something happening. To me, it feels like this offseason is going to be a total disaster. Lose Wilfork, lose DMac, lose Revis.. that's what it feels like to me right now. Am I way off-base?

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The offseason can be a lot of fun. My suggestion to you is that you go read boards from a lot of teams. The humor of all the highs and lows is well worth it.

Brady6 said:

Sort of dumb to just swallow a $5M cap hit on Revis. I mean his dead money cap hit would rank in the top 10 of the cap hits on the team all on its own. That doesn't seem like very good cap management to me.

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So are you implying that they should pick up his $20m option so they can avoid a $5m dead money cap hit? That wouldn't make sense.

Look at it this way - they paid him 10m in bonus and 2m in salary so they could have a cap charge of 7m last year and 5m this year. Suppose they just paid him 12m in salary instead so his cap charge would be 12m last year and 0m this year. From a practical perspective, what happens in that scenario is that the Pats have 5m less in carryover cap space for this year, so their adjusted cap is 5m less. But there's no dead money hit this year. It gets the team to the same exact cap position, but only without the "stigma" of having a dead money charge.

The cap is just funny accounting; don't worry about that and focus on the deal structure itself. There are examples of bad cap management, but this isn't it (unless you think Revis wasn't worth 12m to begin with).

Kdo5 said:

What'd he say yesterday?

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"Breaking news on @Revis24 ..."
"@Revis24 on way to West Coast ..."
"@Revis24 attending #ExpoWest convention with @steaz ... lol."

Sciz said:

Why are people freaking out about that $5M? It's either considered dead money or prorated bonus, and the effect on the cap is the same either way. It doesn't make any sense that the $5M is somehow worse if he's not on the roster.

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It's a $5M cap hit this season if they cut him. That means our top cap hits would be:

1. Brady
2. Mayo
3. Gronkowski
4. Solder
5. Vollmer
6. Amendola
7. Revis dead money

I think most teams aim for the cap hits in the top 10 on their team to actually be a result of a player on their current roster.

Hammer of Thor said:

So are you implying that they should pick up his $20m option so they can avoid a $5m dead money cap hit? That wouldn't make sense.

Look at it this way - they paid him 10m in bonus and 2m in salary so they could have a cap charge of 7m last year and 5m this year. Suppose they just paid him 12m in salary instead so his cap charge would be 12m last year and 0m this year. From a practical perspective, what happens in that scenario is that the Pats have 5m less in carryover cap space for this year, so their adjusted cap is 5m less. But there's no dead money hit this year. It gets the team to the same exact cap position, but only without the "stigma" of having a dead money charge.

The cap is just funny accounting; don't worry about that and focus on the deal structure itself. There are examples of bad cap management, but this isn't it (unless you think Revis wasn't worth 12m to begin with).

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I'm implying they should have either signed him to a multi year deal either originally or over the past year, or signed him to a 1 year contract last season instead of trying to get cute with some stupid $25M second year number that did nothing but eliminate the possibility of franchising him.