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New salary escalators - $2.7mm cap charge

Discussion in 'PatsFans.com - Patriots Fan Forum' started by Urgent, Mar 30, 2007.

  1. Urgent

    Urgent In the Starting Line-Up

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    Note that Reiss is reporting that the Patriots just recognized $2.7mm in salary escalators:

    Wilson - $1.475mm
    Caldwell - $550K
    Scott - $500K
    Warren - $200K

    The big charges to Wilson and Scott probably increase the importance of a DB early in the draft.
     
  2. BradyManny

    BradyManny Veteran Starter w/Big Long Term Deal

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    Any estimates on what that leaves us at cap wise?
     
  3. ironwasp

    ironwasp Rotational Player and Threatening Starter's Job

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    Reiss says these escalators are based on reaching performance standards. What sort of standard can Eugene Wilson have passed on IR :confused:
     
  4. RayClay

    RayClay Pro Bowl Player

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    I thought I was misunderstanding it myself.
     
  5. Urgent

    Urgent In the Starting Line-Up

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    Must have been cumulative games started or games played. Any cumulative stat could have kicked in an escalator from his rookie contract.

    Remember that Seymour had a big one right before he re-negotiated. I think they are fairly typical - and significant - in first and second-round rookie contracts.
     
  6. DefenseRules

    DefenseRules Pro Bowl Player

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    I don't know, but Reiss says that these charges were "factored into the team's salary cap when free agency began in early March".
     
  7. MoLewisrocks

    MoLewisrocks PatsFans.com Supporter PatsFans.com Supporter

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    I think Miguel already had these covered. These are added to salary so usually appear on the NFLPA site PDQ. I know he did for Caldwell's escalator and his cap numbers seem to reflect it on the others. He actually has Caldwell a little above what Reiss states his cap to be.
     
  8. sebman2112

    sebman2112 In the Starting Line-Up

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    Miguel must have already tried to figure this in, but was off on Caldwell's cap hit. Here is the actual difference compared to where Miguel has their cap figures:
    Wilson's $2.4M hits the cap at around the same amount as Miguel's figures "$2,444,220"
    Caldwell's $1.65M is actually .221M under Miguels projection of "$1,871,720"
    Warren's $1.65M hit is about the same as Miguels projection of "$1,656,720"
    Scott's $1.3M cap hit is again about the same as Miguels projection of "$1,336,720"

    Miguel has NE's pre-June 2nd cap at $8.2M under, these adjustments could bring them up to $8.421M under their 2007 adjusted salary cap.

    On June 2nd NE gets another $2.5M back from Dillon's cap hit, which will bring their cap up to $10.921M under their 2007 adjusted salary cap.

    That's the best I can do for ya.

    Fixed
     
    Last edited: Mar 30, 2007
  9. MoLewisrocks

    MoLewisrocks PatsFans.com Supporter PatsFans.com Supporter

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    You are comparing Mike's cap #'s to Miguel's salary numbers rather than Miguel's cap #'s which seem to be at or above Mike's. He had these figures already. He is only above on Caldwell because he has a $300K roster bonus in addition to the salary increase. Perhaps reaching the escalator precluded getting the roster bonus.
     
  10. sebman2112

    sebman2112 In the Starting Line-Up

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    Fixed it. Thanks for noticing that.
     
    Last edited: Mar 30, 2007
  11. pats1

    pats1 Moderator PatsFans.com Supporter

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  12. sebman2112

    sebman2112 In the Starting Line-Up

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    He still has Caldwell's cap number to high, though. Miguel has Caldwell at "$1,871,720" against the cap, when his cap figure is actually $1.65M.
     
    Last edited: Mar 30, 2007
  13. pats1

    pats1 Moderator PatsFans.com Supporter

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    Where did you get the $1.65M number?
     
  14. PatsWickedPissah

    PatsWickedPissah PatsFans.com Supporter PatsFans.com Supporter

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    Thanks for the info guys from those of us curious but insufficiently motivated to do the research.

    -phil, the slacker
     
  15. sebman2112

    sebman2112 In the Starting Line-Up

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    Last edited: Mar 30, 2007
  16. patfanken

    patfanken Experienced Starter w/First Big Contract

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    FYI, every now and again I go over to Jets Insider's and see how the other side is getting along. They are over there celebrating, thinking the Pats are going to have $3MM less in cap room. They were pretty disappointed when I and other Pats fans set them straight.

    BTW- it is good to get out and see how the other half lives. Some of the discussion is ridiculous, but often you get to post in some interesting threads. Its often more fun than just talking with a board that is filled with a lot of like minded people.
     
    Last edited: Mar 30, 2007
  17. Miguel

    Miguel Patriots Salary Cap Guru PatsFans.com Supporter

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    FWIW - I was on vacation yesterday.
    Will fix Caldwell's number later this weekend.
     
  18. BradyManny

    BradyManny Veteran Starter w/Big Long Term Deal

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    Nice, good to know.
     
  19. OhExaulted1

    OhExaulted1 In the Starting Line-Up

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    OMG! Miguel went on vacation and didn't post a 200k cap adjustment!

    What was he thinking!

    Just kidding. Everyone should know by now Miguel keeps the best cap salary cap page on the ENTIRE INTERNET, BAR NONE. He's a human being.

    Good job as always Miguel. Go outside and enjoy the sun.
     
  20. PatsWickedPissah

    PatsWickedPissah PatsFans.com Supporter PatsFans.com Supporter

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    I'm tellin' ya, the guy is a slacker and an embarrasment to the Forum.
    He should be banned!
     

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