This year's cap games winner: Kyle Eckel

[Miguel]

I wrote this in another thread
http://www.patsfans.com/new-england...thread.php?t=68210&page=4&highlight=reminders

Today's update:
"What happens at the end of the year is this.

Someone sums up the the total of the NLTBE incentives reached, the total of the LTBE incentives reached, and the total of the LTBE incentives that were counting against the 2007 cap.

NTLBE incentives reached
plus LTBE incentives reached
minus LTBE incentives listed on the 2007 cap
equals a cap debit from the 2008 when the sum of the first two factors is greater than the third - a cap credit when it is less.

Example,
Let's say that Patriots players have earned $7 million in NLTBE incentives this year
Let's also say that every existing LTBE incentive (about a million) will have been earned.
We know now that in December a Patriot player (Eckel) agreed to add a $5.6 million incentive to his contract that is because it is added in the middle of the season is considered LTBE but in fact it will not be earned (example -Eckel throwing 2 TD passes)

The formula will then look like
7 (NLTBE incentives reached)
+1 (LTBE incentives reached)
-6.6 (LTBE incentives charged against the 2007 cap)
=====
1.4 million debit

 

[BelichickFan]

Thank you Miguel, great information.

So Eckel $5.6, Stallworth $6, Washington $2M + the 5M they are under leaves them about $16.6 under
- minus ERFA, RFAs, and practice sqaud (~4M)

for a total of $12-13M give or take, to sign rookies and free agents.

There are going to be a lot of rookies on this team next year.

You've left off Brady who could be a big one. With a $14M hit now they could give him a 7 year deal that's way more cap friendly than the $14M.

 

[ATippett56]

There are going to be a lot of rookies on this team next year.

.... and one Randy Moss!

 

[eom]

is ballpark $9M a safe guess for Randy's '08 cap fig, or can they not justify that kind of money for anyone at that position?
that wouldn't leave much.

 

[ATippett56]

is ballpark $9M a safe guess for Randy's '08 cap fig, or can they not justify that kind of money for anyone at that position?
that wouldn't leave much.

Would you rather have Donte Stallworth and Kelley Washington or Randy Moss?

http://www.patscap.com/futureyears.html

 

[eom]

Would you rather have Donte Stallworth and Kelley Washington or Randy Moss?

http://www.patscap.com/futureyears.html

heh...just trying to make a guess at what his deal might look like.
it's lookin' pretty tight, barring restructurings.

 

[PATSYLICIOUS]

ok so im a bit lost when it comes to these cap-onomics. before reworking eckel's contract we were projected around $11M under the cap in 2008 on miguel's page. with his new cap figures, we are around $5M under for 2008... when his deal gets reworked it goes back up to $11M where it was before all this was done. so how exactly does this help? would appreciate any explanation

 

[ctpatsfan77]

ok so im a bit lost when it comes to these cap-onomics. before reworking eckel's contract we were projected around $11M under the cap in 2008 on miguel's page. with his new cap figures, we are around $5M under for 2008... when his deal gets reworked it goes back up to $11M where it was before all this was done. so how exactly does this help? would appreciate any explanation

I believe there were a lot of earned incentives that were considered NLTBE, and therefore didn't count against the 2007 cap (e.g., Moss' bonuses).

 

[RayClay]

From The Globe:



I presume they're actually giving him a signing bonus of some sort (the NFLPA doesn't like it when teams play cap games without benefiting the player). I wonder, though, what the faux incentive was. . . . "The player will receive a $5.6 million bonus if he leads the team in touchdown passes"?



Cheapskates.

Really. How can they ever expect to win if they don't spend to the cap!!!!