Dillon redid his deal

[ilduce06410]

a young RB---who would it be?

I think we all agree that a young RB of the future is a good idea - and has no negative reflection on Dillon

the RB crop in this year's draft doesn't look to bad---especially if you're a kevin faulk fan. lotta shifty backs with his dimensions.
cedric humes of VA Tech, Jerious Norwood oof miss State, Gerald Riggs from Tenessee, Joseph Addai, DeAngelo Williams have more size, are fast enough, & all look pretty intriguing.
i'd love to see a young back in here. but who would that be?

 

[borisman]

Quote:"the RB crop in this year's draft doesn't look to bad---especially if you're a kevin faulk fan. lotta shifty backs with his dimensions.
cedric humes of VA Tech, Jerious Norwood oof miss State, Gerald Riggs from Tenessee, Joseph Addai, DeAngelo Williams have more size, are fast enough, & all look pretty intriguing.
i'd love to see a young back in here. but who would that be?" End quote


A player very comparable to Kevin Faulk in this years' draft is Maurice Drew. Drew is a bit faster than Faulk but looks to be the same type player in the NFL. Maybe he'll get a few more touches. His ceiling could be that of Warrick Dunn but I didn't see the same shiftiness in his game.

 

[Box_O_Rocks]

Drew's big negative is his height, not from a running or receiving or returner standpoint, but from a blitz pick-up standpoint at which Faulk excels. Two other Faulk-like players whom I like are PJ Daniels (GA Tech) and PJ Pope (Bowling Green). Both showed well in the Hula Bowl for their running and receiving. Daniels ran a 4.6 at the Combine, but he looked just as quick on his cuts as Addai did in the drill I saw.

 

[Mooch]

I LOVE Jerious Norwood. He's a home run hitter as a speed back. Makes Kevin Faulk look like a turtle. Good hands, tough kid.

If he were available in the 3rd round, I'd grab him in a heartbeat.

 

[MagicMarker]

We had to give Dillon his $3 million -- otherwise, his salary for 2006 would rise to $6 million and be guaranteed.

If we thought he was done, we'd have picked up his option, and then cut him -- that saves both cap dollars and real dollars.

Maybe he cut his salary to avoid being cut. That is odd since he could have got more money elsewhere.

 

[Miguel]

If we thought he was done, we'd have picked up his option, and then cut him -- that saves both cap dollars and real dollars.

Not true. Once the Pats picked up the option, Dillon's cap number was around $4.3 million. Cutting him before 6/2 would make his cap hit $5.4 million. So it would be MORE expensive to cut him than to keep him.

 

[PATRIOTS-80]

if we cut him after the 07 season, how much would we save on the cap?

 

[Willie55]

http://www.projo.com/patriots/content/projo_20060325_25pats.6c844a0.html

Meanwhile, the Boston Herald reported that the Pats have restructured the contract of running back Corey Dillon, dropping his 2006 salary from $3 million to $710,000.

According to agent Steve Feldman, the team recently picked up a $3 million option bonus, guaranteeing that Dillon makes $6 million this year. The Patriots likely transformed Dillon's $3 million salary into a signing bonus and spread the cap hit over the final three years of his deal, saving $1.7 million off this year's cap.

 

[JoeSixPat]

Meanwhile, the Boston Herald reported that the Pats have restructured the contract of running back Corey Dillon, dropping his 2006 salary from $3 million to $710,000.

According to agent Steve Feldman, the team recently picked up a $3 million option bonus, guaranteeing that Dillon makes $6 million this year. The Patriots likely transformed Dillon's $3 million salary into a signing bonus and spread the cap hit over the final three years of his deal, saving $1.7 million off this year's cap.

Does anyone else get the feeling the Herald read it "reported" here first and called Dillon's agent?

 

[Miguel]

Does anyone else get the feeling the Herald read it "reported" here first and called Dillon's agent?

I do.

http://www.bostonherald.com/blogs/patriots/?p=2
"In salary cap news, according to NFLPA documents (and first noted at Patsfans.com), the Patriots have restructured the contract of running back Corey Dillon, dropping his 2006 salary from $3 million to $710,000. According to agent Steve Feldman, they recently picked up a $3 million option bonus, guaranteeing that Dillon makes $6 million this year. The Patriots likely transformed Dillon’s $3 million salary into a signing bonus and spread the cap hit over the final three years of his deal, saving $1.7 million off this year’s cap.

Those thinking the Pats might cut Dillon in favor of a younger running back in the draft should think again.

“He’s going to make $6 million this year,” Feldman said. “He’s not going anywhere.”

The Providence Journal picked up the KFFL Hotwire piece which gave John Tomase credit for breaking the story - credit that John Tomase himself was unwilling to take.

 

[Miguel]

if we cut him after the 07 season, how much would we save on the cap?

His 2008 cap number is scheduled to be $4,429,220.
If we release Dillon right after the 2007 season, his 2008 dead money cap hit would be $3,845,000. Therefore, the Pats would save $584,220 on the cap.

 

[JoeSixPat]

I do.

http://www.bostonherald.com/blogs/patriots/?p=2
"In salary cap news, according to NFLPA documents (and first noted at Patsfans.com), the Patriots have restructured the contract of running back Corey Dillon, dropping his 2006 salary from $3 million to $710,000. According to agent Steve Feldman, they recently picked up a $3 million option bonus, guaranteeing that Dillon makes $6 million this year. The Patriots likely transformed Dillon’s $3 million salary into a signing bonus and spread the cap hit over the final three years of his deal, saving $1.7 million off this year’s cap.

Those thinking the Pats might cut Dillon in favor of a younger running back in the draft should think again.

“He’s going to make $6 million this year,†Feldman said. “He’s not going anywhere.â€

The Providence Journal picked up the KFFL Hotwire piece which gave John Tomase credit for breaking the story - credit that John Tomase himself was unwilling to take.

At least the blogger gave credit to the website - but it would have been nice to give credit to you as well.

 

[arrellbee]

Given that the Pats like to pay cost effective salary/cap numbers for each position, Dillon is not what you would exactly call a bargain (altho certainly not the highest paid RB).

If he plays thru 2007, for the three years 2005-2007, he will have averaged 4.35M per season including bonuses already paid but still to hit the cap if he gets cut after 2007.

If Pats only keep him thru 2006, he will have averaged 5.28M for 2005-2006.

If they were to cut him before the season starts this year, he would have cost the Pats 9.84M for year 2005.

Transition number for running backs (average for top 10 RB) this year is 5.153M.
http://www.usatoday.com/sports/football/nfl/2006-02-21-franchise-tag_x.htm

 

[BelichickFan]

Given that the Pats like to pay cost effective salary/cap numbers for each position, Dillon is not what you would exactly call a bargain

As Felger pointed out, that's probably part of the reason they've pulled back from spending a lot so far this offseason. They got a little carried away last offseason giving Dillon an extension when they didn't really need to and now they're stuck with a big contract.