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CLICK HERE to Register for a free account and login for a smoother ad-free experience. It's easy, and only takes a few moments.Great news, must be a bummer for all those who spent the last year dumping all over him.
Omg i almost nutted my pants!
YEESSSSSS. :rocker:
Draft a nice Center Mike Brewster next year and the transformation is complete. Rebuilt without missing a beat. How does that happen?
Draft a nice Center Mike Brewster next year and the transformation is complete. Rebuilt without missing a beat. How does that happen?
One interesting point: I'm not saying the Patriots will or should do so, but if they feel they can afford to carry a lot of that hit this year, they may well do so, in order to reduce the cap hit in future years.
Not to spoil the moment, but similar things were said 1 1/2 years ago. So I'd rather wait until it's signed before getting too thrilled.
BostonHerald.com - Blogs: Rap Sheet» Blog Archive » Patriots owner Robert Kraft, on contract talks with Vince Wilfork: “We’re very close.”
His $10M cap hit this year gets smaller, and cap space is opened up.........I think.
One interesting point: I'm not saying the Patriots will or should do so, but if they feel they can afford to carry a lot of that hit this year, they may well do so, in order to reduce the cap hit in future years.
Let's all just hope Mr. Cannon has a complete and sustained recovery, and that Mr. Solder continues to become what he's seems to be becoming.
I can definitely see that -- leaving room for extensions for Mayo & Vollmer next year!
Um, he got signed, didn't he?
Would the Patriots really want to open up too much cap space with the speculated long-term Mankins deal?
Right now he has a cap hit of $10 million. The Pats are slightly under the cap using TOP-51 accounting, and probably real close to the cap with Top-53 + practice squad if the season started tonight. The Pats will most likely drop a couple of million bucks in cap obligations with the roster cut-downs to get to 53.
If the Patriots are relatively satisfied with their roster as it is constituted on the day that Mankins signs his contract, then the incentive would probably be to keep future years as cap-flexible as possible by minimizing the signing bonus.
For instance, a 6 year contract with a $15 million dollar signing bonus, a $6.5 million roster bonus and a $1 million dollar salary in 2011 has a 10 million dollar cap charge while it delivers $22.5 million into Mankin's bank-account. Doing the deal that way only leaves a $2.5 million per year pro-rated signing bonus while doing a $21.5 million dollar signing bonus and a million dollar base salary for 2011 gives Mankins a cap hit of $4.7 million this year, but annual $3.7 million dollar prorations.
Assuming Mankins continues to play the way that he has played, worrying about pro-rations of the signing bonus is a non-issue for at least another three years (2014 season), but this strategy of a decent sized roster bonus and no significant reduction in his cap hit buys future flexibility. And if Mankins gets hit by a bus, the cap cost of dealing with that scenario is les even though the cash cost is the same.
Draft a nice Center Mike Brewster next year and the transformation is complete. Rebuilt without missing a beat. How does that happen?