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Thank you very much Miguel. More questions and I am afraid....
#11 - What does play under the tender mean? I thought as soon as the franchise is signed the money is garaunteed, even if the player is cut or injured.
#14 - Can the franchise be rescinded at any time? making him an UFA?
IMO I would rather use the $14.6 M to sign a premium free agent (Suggs or Asomugha) and extend Wilfork because realistically a trade won't occur until draft day leaving the free agent cupboard bare. This approach would cost the Pats a couple of draft picks. I love the draft but it is a crap shoot at best.
"Play under the tender" = actually remain on the roster under the terms of the tender, rather than signing a new deal. [As long as the tender is signed before July 15, Cassel can renegotiate.] Also, it's guaranteed against comparative lack of skill, against football-related injury, and against cuts related to the salary cap. I'm not sure it's guaranteed against stupidity, however (see: Winslow II, Kellen).
Also, it can be rescinded as long as he hasn't already signed it.