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That was funny. I'm reading this well thought out, almost impassioned plea to resign Talib and all I could think of was, "well how much would you offer?" Then I'd read another 4 inches of text and I'd be still thinking "well how much would you give him?" FINALLY after going through a tome long enough that only I would appreciate, I got my answer in the last damned paragraph. What a way to hold an audience.
Here's the problem. It sounds nice and logical, but these guys never acknowledge their own flaws. Even if they do, their agents certainly don't (anyone know who reps him?). You acknowledge yourself that he's a $10+MM talent. Do you really think he'll take something in the range of $7MM? I only wish it were true. If there were any common sense in this Welker would have signed for 2 years for $8.5MM guaranteed I hope you are right.
I had suggested making an offer of around 4 years/$28M or 5 years/$35M way back at the beginning of this thread, so I didn't think I needed to re-state it up front.
As for CB contracts, the "market value" right now is that the top guys get uround $12M/year. Darrelle Revis got $46M/4 years in 2010. Nnamdi Asamugha got $60M/5 years from the Eagles in 2011 (overpaid, in retrospect). Charles Woodson got an extension in 2010 that maxed out at $55M/5 years. The 2012 tag number was just a hair under $10M, and it will be higher than that in 2013.
The guys who signed in 2012 did better, even though they weren't considered as good: Brandon Carr got $50.1M/5 years ($26.5M guaranteed), Cortland Finnegan $50M/5 years ($27M guaranteed). Jason McCourty got $43M/5 years ($20M guaranteed). IMHO, Talib is better than those guys. OTOH, the 49ers managed to keep Carlos Rogers for a relatively reasonable $31.3M/4 year deal this year. That's something I would point to as a barometer for the Pats.
I don't think Talib is in the Revis/Asomugha (at least at the time that he was on the FA market) class. He might be close talent-wise, but he doesn't have the sustained production. And his off-field issues will discount his value. So when I say that at his best he is a $10-12M CB I'm talking about his talent, not what I think he will get. The market will decide, if the Pats let him get there - remember what the market did with WRs last year. It's possible that there will be a feeding frenzy, and people will pay him. I think it would be foolish for the Pats to let him get that far. But I also think that it's unlikely that Talib will get that given his history, and it's more likely that he'll get something more like $8+M. So taking something around $7M (and I did say "maybe a bit more") for early security if he feels he's found a home isn't unreasonable.
If Talib wants to go the Ty Law route and get top $ he's likely gone. If he wants to use the Pats to rehab his image while possibly winning a SB on the way, he's gone. If the Pats want to continue to play the "we can win without quality CB" game then he's probably gone. But if both sides realize they have a good thing going and want to come to an arrangement that gives both some long term security - which is what happened with Gronk and Hernandez earlier this year - then an early deal may make sense.