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Pats cap adjusted up $3,871,580

Discussion in 'PatsFans.com - Patriots Fan Forum' started by Return of the Nizz, Mar 3, 2007.

  1. Return of the Nizz

    Return of the Nizz Practice Squad Player

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  2. Scott37

    Scott37 Practice Squad Player

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    N.Y. Jets lose $3,166,401 cap dollars.

    Everyone say it with me: J E T S Jets Jets Jets
     
  3. PromisedLand

    PromisedLand Virtual Internet Person

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    Miguel, is this reflected on your cap page yet? I only see where you say how far we are under the cap, not the total cap # the team has to play with.
     
  4. pats1

    pats1 Moderator PatsFans.com Supporter

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    Does it get any better than this? :D
     
  5. pats1

    pats1 Moderator PatsFans.com Supporter

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    No, it doesn't appear to be yet.

    Clayton reported yesterday morning that the Pats were about $19.1 million under the cap, obviously not including the Thomas or Brady signings. I'm not sure if it includes the cap effects of the Heath Evans signing, or the few escalator clauses/incentives that were reached with Caldwell, Wilson, Warren, and Scott.

    http://sports.espn.go.com/nfl/news/story?id=2762784

    Miguel has the Pats at $13.3 under without the cap effects of the Thomas or Evans signings, but with the effects of the Brady singing and the escalators. That number will increase to about $16 million under.
     
  6. MrBigglesWorth

    MrBigglesWorth Veteran Starter w/Big Long Term Deal

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    Still alot of cash to spend minus rookies. Exciting time now.
     
  7. PatsWickedPissah

    PatsWickedPissah PatsFans.com Supporter PatsFans.com Supporter

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    Disable Jersey

    Hmmm, the AFCE outlook is good. Miami was hard pressed with so many players unsigned and now the situation is exacerbated. The Jets just took a hit relative to the Pats. Buffalo's owner and management is SO disfunctional that it's almost irrelevant that they pick up $3M.
     
  8. DaBruinz

    DaBruinz Pats, B's, Sox PatsFans.com Supporter

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    #50 Jersey

    Man, AdamJT13 must be really connected to the NFL Sal Cap accounting branch. Its usually another 2-3 weeks before this information comes out in the normal media.

    So, the Pats cap jumped from 109 million to 112.87 million. Sweet.
     
  9. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

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    #24 Jersey

    Did I miss something ? I thought we were in the mid to high $20Ms in cap space ?
     
  10. PatsWickedPissah

    PatsWickedPissah PatsFans.com Supporter PatsFans.com Supporter

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    You did miss something
    It's an article about the absolute total # adjustment, NOT the cap space
    Pats just gained $3M
     
  11. pats1

    pats1 Moderator PatsFans.com Supporter

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    That was before Samuel got franchised.
     
  12. PatsWorldChamps

    PatsWorldChamps Rotational Player and Threatening Starter's Job

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    ive always heard it as: J E T S suck suck suck

    There is another version?
     
  13. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

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    #24 Jersey

    Ah, yes, thank you. I did miss something :)
     
  14. Return of the Nizz

    Return of the Nizz Practice Squad Player

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    I'm pretty sure that was before tagging Samuel. That's 8 gone right there.
     
  15. DaBruinz

    DaBruinz Pats, B's, Sox PatsFans.com Supporter

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    What is confusing is that the certain reporters who will remain unnamed insist on NOT including the Franchise Tag on Samuel when the report about the Patriots cap. Look at Miguel's figures and add 3.8 Million. So around 17.1 million, minus whatever Thomas' contract is.
     
  16. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

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    #24 Jersey

    So, so far we've used the cap money on Samuel, Thomas and Kyle Brady. Not bad at all once the Thomas thing is official. Of course, this cap money will go way up again if we end up trading Samuel or up a bit if we sign him long term.
     
  17. Jimke

    Jimke In the Starting Line-Up

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    I wonder how this money factors in with the salary increases to Caldwell,

    Scott, Warren, and Wilson just subtracted from our salary cap by Miguel?

    As a best case scenario those raises may have been taken into account in

    the $3,871,580 adjustment. What I'm thinking is maybe the LTBE bonuses

    minus the salary increases is $3,871,580.
     
  18. DaBruinz

    DaBruinz Pats, B's, Sox PatsFans.com Supporter

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    #50 Jersey

    The 3.871 has nothing to do with Salary increases. The 3.871 is the amount that was left over from the Patriots having LTBE bonuses that went UNMET last year and the NLTBE bonuses that were met last year. And NLTBE bonus that was met last year does become a LTBE bonus this year if its still in the contract.

    Miguel has already figured in the salary additions for Caldwell, Scott, Warren, and Wilson to get to the 13.3 million.
     
    Last edited: Mar 3, 2007
  19. pats1

    pats1 Moderator PatsFans.com Supporter

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    The increases to Scott, Warren, Wilson, and Caldwell weren't LTBE's. They were escalators of some type added to their base salaries, which wouldn't at all be factored into the $3,871,580.
     
  20. solman

    solman Rotational Player and Threatening Starter's Job

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    Do Adam's numbers include the adjustment for exceeding the cash cap?

    This is important because, however much we were penalized this year, we'll have the pay the same penalty in each subsequent capped year of the current CBA.
     

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