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Miguel has us at $7.8MM right now, so you are correct. We still haven't accounted for LaFell and Edelman, and we are estimated to need $4MM for our rookies. So assuming that LaFell and Edelman are going to create a cap charge of at LEAST $2MM each, the Pats are effectively out of cap space. And most likely already eating into the $4MM rookie fund.Wilfork's situation needs to be fixed. It is just that simple. We could extend Connolly and save a million; that might be done.
Gost and McCourty extensions save about $1M each. These contracts will likely take a long time to negotiate.
Cutting Wilson just means that we need to replace him. There would likely be no money savings.
Given that we are down 2 linemen (Wendell and Svitek), it seems unlikely that we would cut someone who can start at three positions. At very least Connolly would be the Game Day backup at all three interior line spots. I don't think that Connolly would take a pay cut, although that is certainly possible given the market.
Lets assume that Lafell and Edelman are going to cost $5MM worth of cap space, so the Pats are going to have to create at least $2MM in cap space just to have enough to sign are rookies and have a $1MM reserve going into the season. Lets look at how we can expand that.
1. Cutting Vince will create $6.7MM,
2. and as you said, another $2MM in restructuring Connolly and extending McCourty.
3. I think we could also squeeze a few milliion out of an old fashioned restructure of Mankins.
Those actions would give us about $10MM to actually spend on FA's and still have the $4MM to spend on the rookies. Unfortunately we are going to need that much to sign Svitek or his replacement, Wendell or his replacement, Blount, and the FA DE and LB we have sign and still have enough to sign our rookies and have a reserve