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Super Bowl Champs 2015 Salary Cap Picture – Listing Future Cap needs and listing how Patriots can create more cap space

Written by: Miguel Benzan
Posted July 29, 2015 at 7:46 pm

Updating my 2015 Patriots salary cap picture right before training camp begins.

Right now, the total Patriot 2015 cap commitments is $135,723,096. The 2015 Patriots adjusted cap number is $144,578,084. The Patriots 2015 adjusted cap number of $144,578,084 minus cap commitment of $135,723,096 equals $8,854,988 in cap space with 90 signed players

September 5 Simultaneously with the cut-down to 53, clubs that have players in the categories of Active/Physically Unable to Perform or Active/Non-Football Injury or Illness must select one of the following options: place player on Reserve/Physically Unable to Perform or Reserve/Non- Football Injury or Illness, whichever is applicable; request waivers; terminate contract; trade contract; or continue to count the player on the Active List. Please note that as Jocelyn Robichaud once pointed out in an email: “The current cap status is calculated with the top 51 earners. On the other hand, not all of these players will make the team. Thus, as the team shrinks its roster to 53 players, it will create cap room unless it keeps all of its top earners. For example, let us say that Jonathan Freeny ($850,000 in salary) does not make the team and is replaced by Geneo Grissom ($435,000 in salary). This would free $415,000 in cap room for the Patriots. If Tyler Gaffney makes the team instead of Tavaris Cadet, that would create $275,000 in cap space. If Jordan Richards makes the 53-man roster instead of Tavon Wilson, that would create $530,166 in cap space. If A.J. Derby makes the 53-man roster instead of Michael Hoomanawanui, that would create $665,000 in cap space With just 4 those roster decisions the Patriots could create over $1,885,166 in cap space when the rosters are cut down to 53 players.
September 5 Simultaneously with the cut-down to 53,Tom Brady and LeGarrette Blount’s suspensions begin.
The Patriots will receive the below credit on their 2015 salary cap depending on how Tom Brady is suspended for

  • 0 games- $0
  • 1 game – $470,588.24
  • 2 games – $941,176.47
  • 3 games – $1,411,764.71
  • 4 games – $1,882,352.94

The Patriots will receive a $44,118 credit when LeGarrette Blount’s suspension kicks in

September 6 Beginning at 12:00 p.m., New York time, clubs may establish a Practice Squad of ten players. A player is eligible if he does not have an accrued season of NFL experience. Players gain an accrued season by being on the active roster for at least six games. If a player has one accrued season, they can still be practice squad eligible if they were on the 46-man active game-day roster for less than nine regular season games. Under the new 2014 NFL rules, teams may sign no more than two players up to two accrued seasons. A player is deemed to have served a season on the practice squad if he remains on the practice squad for at least six weeks. Players are eligible to be on the practice squad for two seasons. Players can be eligible for a third practice squad season if their team maintains no less than 53 players on the active/inactive list at all times. The minimum salary for a practice squad player is $6,600. $6,600 * 10 * 17 = $1,122,000. Since the Patriots have typically pay some of their practice squad players more than the minimum and sometimes have less than 10 players on their practice squad, I will use $1.25 million for budgeting purposes. If you wish to see the list of the Patriots eligible to be placed on the 2015 practice squad please see this blog post.
September 6 Final day of preseason training camp for all clubs, as defined in CBA Article 23, Section 9.
September 9 At 4:00 p.m., New York time, deadline for all NFL Player Contracts, Practice Player Contracts, tender offers, and miscellaneous amounts to fit within each Club’s 2015 Salary Cap, in anticipation of the midnight expiration of the Top 51 Rule. The Patriots will need another $870,000 in cap space to pay the salaries of players 52, and 53. The Patriots typically have a $2 to $4 million cushion to replace players placed on IR and to reach injury settlements with players. Under the new CBA the Patriots have placed the following amounts of players on Injured Reserve or NFI (Non Football Injury)

  • 2011 – 12
  • 2012 – 11
  • 2013 – 13
  • 2014 – 10

The Patriots usually sign 1 to 2 players to extensions during the regular season taking anywhere between 1 to 2 million in cap space. Based on what happened last year the Patriots will have a $1.4 million cushion for NLBE incentives that are likely to be earned in 2015.

  • Sebastian Vollmer’s $62,500 46-man active roster which totals $62,500 since Vollmer played in 15 games in 2014
  • Julian Edelman’s $46,875 46-man active roster which totals $93,750 since Edelman played in 14 games in 2014
  • Bradley Fletcher’s $18,750 46-man active roster which totals $18,750 since Fletcher played in 15 games in 2014
  • Alan Branch’s $25,000 46-man active roster which totals $200,000 since Branch played in 8 games in 2014
  • Ryan Wendell’s $12,500 46-man active roster which totals $175,000 since Wendell played in 14 games in 2014
  • Vollmer’s 90% playing-time incentive – $1,000,000

To read more about LTBE/NLTBE incentives see this blog post

Current cap space – $8,850,000
Players 52, 53, and practice squad (-$2,120,000) – early September
Robichaud roster effect – ($2,300,000). May create more if the Patriots release more higher-paid salaried players that I am currently expecting. – Also early September
Cushion for replacing injured players during the season (-$3,000,000) – Also early September
Cushion for reached NLTBE incentives (-$1,400,000) – Also early September
Cushion for in-season extensions (-$2,000,000) – Also early September
Credit for LeGarette Blount’s suspension ($45,000) – 1st week of regular season
Credit for Tom Brady’s suspension ($1,900,000) – 1st week of regular season

8,850,000 (Current cap space)
-2,120,000 (paying for players 52, 53 and practice squad)
+2,300,000 (Robichaud roster effect)
-3,000,000 (Replacing injured players)
-1,400,000 (Cushion for reached NLTBE incentives)
-2,000,000 (Cushion for in-season extensions)
+45,000 (Blount suspension credit)
+1,900,000 (Brady suspension credit)
===========
$4,575,000

Therefore, the Patriots would probably like to enter Week 1 with about 4 to 6 million in cap space.

shows that the Patriots have about 5 million in cap space to account for any future free agent signings. That is, they could sign one free agent to a $5.585 million deal today and still account for the above contingencies

The Patriots are currently under their 2015 cap by $8.85 million if they do not cut any more veterans or renegotiate any more contracts. There are plenty of opportunities to do both, thereby opening up millions of dollars under the cap. Here are some possible ways that the Pats could free up cap space. Please note that I am NOT advocating that the Patriots do all of these salary-cap maneuvers.

1.) Extend Nate Solder for a net cap savings of $4.088 million. I would use the deal struck between the Arizona Cardinals and Jared Veldheer in March of 2014 as a template. 5 year, $40 million deal. $8 million signing bonus. $500,000 each year in 46-man active roster bonuses.

  • 2015 – $8m signing bonus, $1.25m fully guaranteed salary, $500,000 in 46-man active roster bonuses. 3.35 million cap number
  • 2016 – $5.75 million salary. $4 million guaranteed for injury at start of deal, becomes fully guaranteed at the start of 2016 season. $500,000 in 46-man active roster bonuses. $7.85 million cap number
  • 2017/2018/2019 – $7.5 million salary. $500,000 in 46-man active roster bonuses. $9.1 million cap number.

As rich as this deal sounds, this would put Solder among the lowest paid left tackles who are NOT on a rookie contract.

2.) Waive Aaron Dobson
3.) Waive Tavon Wilson
4.) Release Michael Hoomanawanui
5.) Release Jonathan Freeny

Explaining LTBE/NTLBE incentives and how they will apply to the 2015 Patriots salary cap – Updated on 7/29/2015

Written by: Miguel Benzan
Posted at 5:57 pm

Since a good number of the 2015 Patriots have incentives in their contracts, thought that it was necessary to discuss incentives and their impact on the 2015 Patriots salary cap on this blog. I like to thank JR4 and PatsWickedPissah, fellow PatsFans.com posters, for their help in creating the 2014 version of this blog post.

I consider the following the best explanation of how the LTBE/NTLBE incentives work. I forgot where I got it from.

LTBE bonuses count against the team’s salary cap in the year that they are scheduled to be earned, NLTBE bonuses do not. At the end of the season, the NFL calculates how much each team had set aside for LTBEs that weren’t earned – or said differently, it figures out how much was charged to the team’s cap that was not actually spent. Similarly, the NFL calculates the amount of incentives designated NLTBE that were actually earned. If the unearned LTBEs are greater than the earned NLTBEs, then the following year’s salary cap for that team is increased by the net amount. Similarly, if the earned NLTBEs exceed the unearned LTBEs, then the team’s cap for the following year is lowered by that amount. You can see an example of the effect of 2015 cap adjustments at the NFLPA site. The teams with negative cap adjustments had most likely earned more NLTBE incentives in 2014 than they did not earn LTBE incentives. For salary cap nerds, at the bottom of this post will be my attempt to reverse engineer the 2015 Patriots cap adjustment figure of ($5,143,970)

As of July 29, 2015 6PM, the Patriots have $4,467,500 in LTBE incentives counting against their 2015 cap.

  • Alan Branch’s weight bonus – $400,000
  • Marcus Cannon’s weight bonus – $100,000
  • Travaris Cadet’s 53-man roster bonus – $50,000
  • Tarell Brown’s 53-man roster bonus – $100,000
  • Joe Cardona’s 53-man roster bonus – $17,500
  • Brandon Lafell’s receptions incentive – $300,000
  • Julian Edelman’s receptions incentive – $500,000
  • Tarell Browns’ playing time incentive – $500,000. Tarell Brown played in 86% of the snaps in 2014
  • Michael Hoomanawanui’s playing time incentive – $200,000. Hoomanawanui played in 82% of the snaps in 2014
  • Bradley Fletcher’s playing time incentive – $650,000. Fletcher played in 90% of the snaps in 2014
  • Sebastian Vollmer’s 80% playing-time incentive – Vollmer played in 89% of the snaps in 2014
  • Ryan Wendell’s playing-time incentive – $800,000. Wendell played in 77% of the snaps in 2014.
  • Matt Slater’s Pro Bowl incentive – $100,000
Amount Event Likelihood
$400,000 Alan Branch’s weight bonus Probable
$100,000 Marcus Cannon’s weight bonus Probable
$50,000 Travaris Cadet’s 53 man roster bonus Possible
$17,500 Joe Cardona’s 53 man roster bonus Probable
$100,000 Tarell Brown’s 53 man roster bonus Probable
$300,000 Lafell’s receptions Probable
$500,000 Edelman’s receptions Probable
$100,000 Slater making the Pro Bowl Probable
$800,000 Wendell’s playing-time incentive Not Likely
$200,000 Hoomanawanui’s playing-time incentives Possible
$650,000 Fletcher’s playing-time incentives Possible
$500,000 Tarell Brown’s playing-time incentives Possible
$200,000 Spikes’ playing time incentives Probable
$750,000 Vollmer’s 80% playing-time incentive Probable
Not Likely $800,000
Possible $1,400,000
Probable $2,267,500
Total $4,125,000

As of July 29 2015 6PM, the Patriots have $6,400,000 in 46-man active roster bonuses that are now counting against their 2015 cap.

  • Jabaal Sheard’s $62,500 46-man active roster which totals $1,000,000 since Sheard played in 16 games in 2014
  • Sebastian Vollmer’s $62,500 46-man active roster which totals $937,500 since Vollmer played in 15 games in 2014
  • Julian Edelman’s $46,875 46-man active roster which totals $656,250 since Edelman played in 14 games in 2014
  • Devin McCourty’s $31,250 46-man active roster which totals at $500,000 since McCourty played in 16 games in 2014
  • Rob Ninkovich’s $25,000 46-man active roster which totals $400,000 since Ninkovich played in 16 games in 2014
  • Brandon Lafell’s $25,000 46-man active roster which totals $400,000 since he played in 16 games in 2014
  • Danny Amendola’s $31,250 46-man active roster which totals $500,000 since Amendola played in 16 games in 2014
  • Bradley Fletcher’s $18,750 46-man active roster which totals $281,250 since Fletcher played in 15 games in 2014
  • Marcus Cannon’s $15,625 46-man active roster which totals $250,000 since Cannon played in 16 games in 2014
  • Robert McClain’s $15,000 46-man active roster which totals $240,000 since McClain played in 16 games in 2014
  • Alan Branch’s $25,000 46-man active roster which totals $200,000 since Branch played in 8 games in 2014
  • Stephen Gostkowski’s $12,500 46-man active roster which totals $200,000 since Gostkowski played in 16 games in 2014
  • Patrick Chung’s $12,500 46-man active roster which totals $200,000 since Patrick played in 16 games in 2014
  • Brandon Bolden’s $12,500 46-man active roster which totals $200,000 since Bolden played in 16 games in 2014
  • Ryan Wendell’s $12,500 46-man active roster which totals $175,000 since Wendell played in 14 games in 2014
  • Michael Hoomanawanui’s $6,250 46-man active roster which totals $100,000 since the Hooman played in 16 games in 2014
  • LeGarrette Blount’s $6,250 46-man active roster which totals $100,000 since Blount played in 16 games in 2014
  • Dane Fletcher’s $10,000 46-man active roster which maxes at 10 games, $60,000 since Fletcher played in 16 games in 2014

From the CBA – Any roster bonus which is deemed not ‘likely to be earned’ based upon the player’s performance during the prior year shall immediately be included in Team Salary when earned” which means that the Patriots will lose cap space as soon as Vollmer, Edelman, Fletcher, Branch, or Wendell play in more games in 2015 than they did in 2014. I am going to use Alan Branch as an example. He has a $25,000’s 46-man active roster bonus. Its LTBE amount is 200,000 or 25,000 times 8 (the amount of games he played in 2014). So after each game over 8 games that he plays the Patriots will lose $25,000 in cap space.

Branch Wendell Edelman Fletcher Vollmer Weekly Total Running Total
Week 10 $25,000 $25,000 $25,000
Week 11 $25,000 $25,000 $50,000
Week 12 $25,000 $25,000 $75,000
Week 13 $25,000 $25,000 $100,000
Week 14 $25,000 $25,000 $125,000
Week 15 $25,000 $25,000 $150,000
Week 16 $25,000 $12,500 $46,875 $84,375 $234,375
Week 17 $25,000 $12,500 $46,875 $18,750 $62,500 $165,625 $400,000

So from the above table the Patriots will need to enter the 2015 regular season with a $400,000 cushion to cover these 46-man active roster bonuses.

As of July 29, 2015 6PM the Patriots have $1,000,000 in NLTBE incentives that I consider easily reachable by the player.

Amount Event Likelihood
$25,000 Wendell being on the 46-man roster for all 16 games Probable
$93,750 Edelman being on the 46-man roster for all 16 games Probable
$200,000 Branch being on the 46-man roster for all 16 games Probable
$62,500 Vollmer being on the 46-man roster for all 16 games Probable
$18,750 Fletcher being on the 46-man roster for all 16 games Probable
$300,000 Mayo making the Pro Bowl Possible
$250,000 Vollmer making the Pro Bowl Possible
$750,000 Amendola’s receptions incentives Not Likely
$1,500,000 Mayo’s playing-time incentives Likely
$750,000 Branch’s playing-time incentives Likely
$250,000 Cannon’s 80% playing-time incentive Not Likely
$200,000 Hoomanawanui’s 40% playing-time incentives Not Likely
$760,000 McClain’s playing-time incentives Not Likely
$350,000 Fletcher’s playing-time incentives Not Likely
$1,000,000 Vollmer’s 90% playing-time incentive Probable
Not Likely $3,060,000
Possible $2,050,000
Likely $750,000
Probable and will count against 2015 cap $400,000
Probable and will count against 2016 cap $1,000,000
Total $7,260,000

Want to mention these incentives since any reached NLTBE incentives in 2015 will likely lower the Patriots 2016 adjusted cap number. I am trying to guess at how the Patriots will handle having $5.9 million in NTLBE incentives. If they do not leave a big enough cushion for them, the Patriots could end up with an adjusted cap number that is lower than the actual cap number. Do the Patriots leave a 100% cushion? 0% cushion? I am presuming that the Patriots do leave themselves a 100% cushion or $400,000 for the NLTBE 46-man active roster bonuses and a $1 million for the other NLTBE incentives. You can see from the above tables that there are some LTBE incentives that are not likely to be reached in 2015 lessening the need to have a cushion for 100% of the NLTBE incentives. Summing up, I guesstimate that the Patriots would like to leave themselves a 1.4 million cushion at the start of the regular season just to cover reached NLTBE incentives.

As promised above here is my attempt to figure out the 2015 Patriots cap adjustment number of $5,143,970 was reached.
Negative means that the player reached a NLTBE incentive
Positive means that the player did not earned a LTBE incentive

  • Edelman’s receptions -$500,000
  • Gostkowski’s Pro Bowl honor -$50,000
  • Lafell’s receptions -$300,000
  • Vollmer’s playing time incentive -$1,000,000
  • Wilfork’s playing time incentive -$3,000,000
  • Wendell’s 46-man active roster bonus $25,000
  • Edelman’s 46-man active roster bonus $62,500
  • Hoomanawanui’s playing-time incentive $200,000

Totals (-$4,562,500)
which was $581,470 more than the actual adjustment figure of (-$5,143,970).

It is not a coincidence that the best team of the salary cap era ended the 2014 season with $5,258,054 in cap space. The Patriots definitely planned to have a cushion for the reached NLTBE incentives.

You can follow me on Twitter at @patscap.

A call for a donation

A long-time family friend, my youngest sister’s best friend, is on the board of directors of a soup kitchen and food pantry in Malden, Massachusetts that serves over 400 low-income and homeless families per month. I am asking that if you have found my salary cap pages/blogs useful that if you are able to do so, please make a donation to the Bread of Life soup kitchen/food pantry. Their address is:
Attn: Mea Quinn Mustone
Bread of Life
54 Eastern Avenue, Rear
Malden, MA 02148
Please mention this website with your donation. Thanks so much!!!

Listing the big decisions that the New England Patriots have to make right around the start of the 2016 League Year

Written by: Miguel Benzan
Posted at 3:42 pm

Listing the big decisions that the New England Patriots have to make right around the start of the 2016 League Year.

  • Jerod Mayo – The Patriots have a $4 million option on Mayo’s first day of 2016 League Year roster bonus. They must decide to pick up the option or not by the end of the 2015 League Year. Have created a blog post dedicated to examining Jerod Mayo’s restructure
  • Alan Branch – The Patriots have a $400,000 option on Branch’s first day of 2016 League Year roster bonus. They must decide to pick up the option or not by the end of the 2015 League Year. Have created a blog post dedicated to examining Alan Branch’s deal with the Patriots
  • Nate Solder  – Nate Solder is the most likely Patriot to receive the franchise tag in 2016. On October 12th, 2014 CBS Sportline’s Jason LaCanfora reported that the percentage that was used to determine the franchise tag number for offensive lineman was 9.034%. For ease of discussion, let’s use 9% for 2016. The below table lists the possible franchise tag numbers for Solder if the league cap is between $150 million and $160 million.
    League Cap Offensive Lineman Tag Number
    $150,000,000 $13,500,000
    $152,500,000 $13,750,000
    $154,000,000 $13,860,000
    $155,000,000 $13,950,000
    $157,500,000 $14,175,000
    $160,000,000 $14,400,000
  • The Pats will have until the start of the 2016 League to make ERFA tender offer to these potentional ERFAs (Josh Boyce, Jordan Devey, Chris Barker, Caylin Hauptmann, Jonas Gray, Joe Vellano, James Morris, Kevin Hughes, Jonathan Krause, Justin Green, Daxton Swanson, and Rufus Johnson). The tender offer equals the minimum salary for a player with the amount of credited seasons.
  • The Pats will have until the start of the 2016 League Year to these potential RFAs (Josh Kline, James Develin, Dion Lewis, Brian Tyms, Sealver Siliga, and Darius Fleming). The 2015 tenders were $3.354 million for the 1st round tender, $2.356 million for the 2nd round tender, and $1.542 million for original round tenders. The minimum increase is 5%. The maximum increase is 10%.
  • Rob Gronkowski – The Patriots will have until the start of the 2016 League to pick up Gronkowski’s $10 million option bonus. If they do, he will be signed through the 2019 season. As it stands right now, Gronk will have the 9th highest cap hit for a tight end in 2016, 7th highest in 2017, and the highest in both 2018 and 2019. Source for Gronk’s rankings: http://www.overthecap.com. If the Patriots do not, Gronk will become a free agent at the start of the 2016 League Year and the Patriots can not place the franchise tag on him.
  • Jabaal Sheard – $500,000 of Sheard’s 2016 salary becomes fully guaranteed the 5th day of the 2016 league year.

You can follow me on Twitter at @patscap.

A call for a donation

A long-time family friend, my youngest sister’s best friend, is on the board of directors of a soup kitchen and food pantry in Malden, Massachusetts that serves over 400 low-income and homeless families per month. I am asking that if you have found my salary cap pages/blogs useful that if you are able to do so, please make a donation to the Bread of Life soup kitchen/food pantry. Their address is:
Attn: Mea Quinn Mustone
Bread of Life
54 Eastern Avenue, Rear
Malden, MA 02148
Please mention this website with your donation. Thanks so much!!!

2015 New England Patriots Dead Money as of July 29, 2015

Written by: Miguel Benzan
Posted at 3:06 pm

The purpose of this blog is to tracking the defending Super Bowl Champions New England Patriots 2015 dead money.

Dead money is the salary cap hit for a player that is no longer on the Patriots roster. Dead money is usually unamortized signing bonus proration. It can also be guaranteed salary and injury settlements

  1. Darrelle Revis- $5,000,000 (prorated signing bonus). I write more about Darrelle Revis in another blog post.
  2. Logan Mankins – $4,000,000 (prorated signing bonus plus offseason workout bonus money)
  3. Kyle Arrington – $3,250,000 (prorated signing bonus plus offseason workout bonus money)
  4. Vince Wilfork – $866,667 (prorated signing bonus)
  5. Josh Boyce – $238,500 (prorated signing bonus). Josh Boyce was waived on August 30, 2014.
  6. Armond Armstead – $143,222 (The Boston Globe’s Ben Volin was the first to report Armond’s 2015 injury settlement amount)
  7. Jake Bequette – $134,950 (prorated signing bonus). Jake Bequette was waived on August 30, 2014.
  8. Jon Halapio – $92,235 (prorated signing bonus)
  9. Jemea Thomas – $69,834 (prorated signing bonus)
  10. Jeremy Gallon – $35,694 (prorated signing bonus)
  11. Michael Buchanan – $26,806 (prorated signing bonus)
  12. Brandon Spikes – $25,000 (prorated signing bonus)
  13. Steve Beauharnais – $23,796 (prorated signing bonus)
  14. Alfonzo Dennard – $14,462 (prorated signing bonus)
  15. Cameron Gordon – $10,000 (prorated signing bonus)
  16. Garrett Gilbert – $10,000 (offseason workout bonus)
  17. Stephen Houston – $5,000 (Stephen Houston was waived by the New England Patriots on August 31, 2014 after receiving a $7,500 signing bonus on May 10. The $5,000 is the 2015 dead money hit that resulted from his waiver)Devin Gardner – $5,000 (Devin Gardner was waived by the New England Patriots on May 18, 2015 after receiving a $5,000 signing bonus on May 8.
  18. Roy Finch – $3,334 (Roy Finch was waived by the New England Patriots on August 31, 2014 after receiving a $5,000 signing bonus on May 10. The $3,334 is the 2015 dead money hit that resulted from his waiver)
  19. Shamiel Gary – $3,334 (Shamiel Gary was waived by the New England Patriots on August 31, 2014 after receiving a $5,000 signing bonus on May 10. The $3,334 is the 2015 dead money hit that resulted from his waiver)
  20. Travis Hawkins – $3,334 (Travis Hawkins was waived by the New England Patriots on August 31, 2014 after receiving a $5,000 signing bonus on May 10. The $3,334 is the 2015 dead money hit that resulted from his waiver
  21. Justin Jones – $3,334 (Justin Jones was waived by the New England Patriots on August 31, 2014 after receiving a $5,000 signing bonus on May 10. The $3,334 is the 2015 dead money hit that resulted from his waiver
  22. Asa Watson – $2,000 (Watson was waived by the New England Patriots on August 10, 2014 after receiving a $3,000 signing bonus on May 10. The $2,000 is the 2015 dead money hit that resulted from his waiver)
  23. Mark Harrison – $1,000 (prorated signing bonus)
  24. Kenbrell Thompkins – $834 (prorated signing bonus)

Total – $14,017,976

The $14,017,976 is 9.7% of the 2015 Patriots adjusted cap number of $144,578,084. The average dead money hit for the 32 NFL teams is $10,851,371 so the Patriots’ amount is $3,166,605
more than the league average. The Patriots have the 8th highest dead money amount in the league. As of July 29, 2015 the New England Patriots have $0 dead money for 2016. 13 of 32 teams have $0 2016 dead money.
Source for Patriots numbers – myself
Source for league numbers – http://www.overthecap.com
You can follow me on Twitter at @patscap.

A call for a donation

A long-time family friend, my youngest sister’s best friend, is on the board of directors of a soup kitchen and food pantry in Malden, Massachusetts that serves over 400 low-income and homeless families per month. I am asking that if you have found my salary cap pages/blogs useful that if you are able to do so, please make a donation to the Bread of Life soup kitchen/food pantry. Their address is:
Attn: Mea Quinn Mustone
Bread of Life
54 Eastern Avenue
Rear Malden, MA 02148
Please mention this website with your donation. Thanks so much!!!

Super Bowl Champions New England Patriots Offseason Scorecard – Updated on 6/21/2015

Written by: Miguel Benzan
Posted June 21, 2015 at 12:07 pm

Providing this look at the Patriots’ offseason activities:

Got this idea from reading Matt Maiocco’s 49ers scorecard. I like to thank Mrs. Yates’ son Field for tweeting about Matt’s scorecard.

I will be using this abbreviations in this blog post.
LTBE-Likely to Be Earned
NLTBE-Not Likely to Be Earned
UFA-Unrestricted free agent: Free to sign with any team
RFA-Restricted free agent: Patriots have right to match any offer sheet
ERFA-Exclusive rights free agent: Player has no outside negotiating power

SUPER BOWL CHAMPIONS NEW ENGLAND PATRIOTS 2015 OFFSEASON SCORECARD
Salary cap space
$9,779,988. My cap space number is off from the official number by $759,224 because the NFLPA has not yet to account for the Malcom Brown signing.
From the official NFLPA report the League average is $11,324,287. Therefore, the Patriots have about $1.5 million less than the league average. The Patriots rank 15th in cap space.

(Figure updated as official signings and contracts are reported to the league: 87 players under contract and 1 tendered ERFA only the salaries of the players with the 51 highest cap numbers are currently counting against the cap). As of June 19, 2015 the Patriots have 87 players signed and 1 tendered (James Develin) http://www.patscap.com updated June 21, 11:30 AM

Patriots Salary Cap Allocation by Age

Age Number Cap Hit Percentage
21 2 $1,389,224 0.96%
22 5 $1,069,572 0.74%
23 13 $3,877,944 2.68%
24 14 $3,695,002 2.56%
25 15 $10,318,797 7.14%
26 10 $16,311,650 11.28%
27 8 $13,534,666 9.36%
28 7 $13,830,000 9.57%
29 5 $18,404,166 12.73%
30 5 $7,426,666 5.14%
31 3 $16,360,833 11.32%
32 0 0.00%
33 0 0.00%
34 0 0.00%
35 0 0.00%
36 0 0.00%
37 0 0.00%
38 1 $14,000,000 9.68%
Offseason Workout $561,600 0.39%
Dead Money $14,017,976 9.7%
Cap Space $9,779,988 6.76%
Totals $144,578,084 100.00%

Patriots Salary Cap Allocation by Position (Matthew Slater, Chris White, and Nate Ebner are included in the Special Team total).

Position Cap Number Percentage Count
OL $20,936,711 14.48% 14
QB $15,456,795 10.69% 3
RB $4,046,772 2.80% 8
TE $12,508,013 8.65% 6
WR $13,502,926 9.34% 9
S $10,742,284 7.43% 6
CB $4,132,285 2.86% 9
DL $14,696,384 10.17% 13
LB $15,892,816 10.99% 14
ST $8,303,816 5.74% 6
Offseason Workout $561,600 0.39%
Dead Money $14,017,976 9.70%
Cap Space $9,779,988 6.76%
Totals $144,578,084 100.00% 88

Patriots Salary Cap Allocation by Unit

Unit Cap Number Percentage Count
Offense $66,451,217 45.96% 40
Defense $45,463,487 31.45% 42
Special Teams $8,303,816 5.74% 6
Dead Money $14,017,976 9.70%
Cap Space $9,779,988 6.76%
Offseason Workout Bonus $561,600 0.39%
Totals $144,578,084 100.00% 88

 

If you wish to learn more details about the player’s contract just follow the hyperlink to their salary cap page.
Additions

  1. Antonio Johnson (DT) (Street Free Agent): 1 year/$755,000 including $10,000 offseason workout bonus. Deal qualifies for Minimum Salary Benefit lowering cap hit of salary from $745,000 to $585,000. Antonio Johnson’s 2015 cap number is $595,000
  2. Rufus Johnson (LB) (Street Free Agent): 1 year/$435,000
  3. Kevin Dorsey (WR) (Street Free Agent – Waived by Green Bay): 1 year/$510,000. Waived by the Patriots on May 7th.
  4. Dion Lewis (RB) (Street Free Agent): 1 year/$585,000
  5. Scott Chandler (TE) (Street Free Agent- released by Buffalo): 2 year/$5.3 million. $2 million signing bonus
  6. LB Jabaal Sheard (UFA; Cleveland): 2 years/$11 million, $4 million signing bonus
  7. CB Bradley Fletcher (UFA; Philadelphia): 1 year/$2,131,250 (2.5 million maximum), $550,000 guaranteed
  8. CB Robert McClain (UFA; Atlanta): 1 year/$1.24 million, $300,000 guaranteed
  9. LB Jonathan Freeny (non-tendered RFA; Miami): 1 year/$1,000,000
  10. RB Travaris Cadet (non-tendered RFA; New Orleans): 2 years/$1.7 million, $65,000 guaranteed
  11. CB Chimdi Chewka (non-tendered RFA; Oakland): Signed on March 12th. 1 year/$825,000 including $50,000 signing bonus and $30,000 offseason workout bonus. Deal qualifies for Minimum Salary Benefit lowering cap hit of salary from $745,000 to $585,000. Chewka’s 2015 cap number is $665,000. Released by the Patriots on May 18th.
  12. WR Brandon Gibson (Street Free Agent, released by Miami): 1 year/$825,000 including $40,000 signing bonus and $40,000 offseason workout bonus. Deal qualifies for Minimum Salary Benefit lowering cap hit of salary from $745,000 to $585,000. Gibson’s 2015 cap number is $665,000
  13. LB Brandon Spikes(UFA; Buffalo): 1 year/$1.3 million, $25,000 guaranteed. $700,000 in NLTBE playing-time incentives. Released by the Patriots on June 8th
  14. TE Fred Davis(Street Free Agent): 1 year/$825,000, $20,000 offseason workout bonus. Deal qualifies for Minimum Salary Benefit lowering cap hit of salary from $745,000 to $585,000. Released by the Patriots on June 19th
  15. OT Kevin Hughes(Street Free Agent): 1 year/$510,000
  16. LB Dakoda Watson(Street Free Agent): 1 year/$745,000. Deal qualifies for Minimum Salary Benefit lowering cap hit of salary from $745,000 to $585,000
  17. CB Derek Cox(Street Free Agent): 1 year/$745,000. Deal qualifies for Minimum Salary Benefit lowering cap hit of salary from $745,000 to $585,000
  18. QB Matt Flynn(Street Free Agent): 1 year/$950,000. Deal qualifies for Minimum Salary Benefit lowering cap hit of salary from $870,000 to $585,000
  19. WR Chris Harper (UDFA): 3 year/$1,590,000 deal including $15,000 signing bonus and $5,000 of 2015 salary fully guaranteed. Harper’s 2015 cap number is $440,000
  20. CB Jimmy Jean (UDFA): 3 year/$1,580,000 deal including a $5,000 signing bonus. Dean’s 2015 cap number is $436,666
  21. S Brandon King (UDFA): 3 year/$1,578,000 deal including a $3,000 signing bonus. King’s 2015 cap number is $436,000
  22. CB Eric Patterson (UDFA): 3 year/$1,575,000. Patterson’s 2015 cap number is $435,000
  23. DT Vince Taylor (UDFA): 3 year/$1,577,500 deal including $2,500 signing bonus. Taylor’s 2015 cap number is $437,500
  24. C David Andrews (UDFA): 3 year/$1,590,000 including $15,000 signing bonus. Andrews’ 2015 cap number is $440,000
  25. WR Devin Gardner (UDFA): 3 year/$1,580,000 deal including $5,000 signing bonus and $10,000 of 2015 salary fully guaranteed. Gardner’s 2015 cap number was $436,666. Waived by the Patriots on May 18th. Claimed by the Steelers who are now responsible for the $10,000 guaranteed salary

Patriots 2015 DRAFT PICKS
1. First round: Own pick, No. 32 overall (Malcom Brown)
2. Second round: Own pick, No. 32 in round, 64th overall (Jordan Richards)
Third round: Own pick, No. 32 in round (96th overall) Traded to Cleveland Browns as part of a May 1 draft day trade
3. Third round: Compensatory pick for loss of Aqib Talib, No. 33 in round, 97th overall (Geneo Grissom)
4. Fourth round: Buccaneers – acquired as part of the Logan Mankins trade, 2nd in round,101st overall (Trey Flowers)
5. Fourth round: Browns – acquired as part of a May 1 draft day trade. 12th in round, 111st overall (Tre’ Jackson)
6. Fourth round: Own pick, No. 32 in round, 131st overall (Shaq Mason)
7. Fourth round: Packers – acquired as part of a May 2 draft day trade. 30th in round, 166th overall (Joe Cardona)
Patriots’ fifth round assigned selection – Traded to the Buccaneers as part of the Jonathan Casillas trade
8. Sixth round: Buccaneers – acquired as part of the Jonathan Casillas trade, 2nd in round, 178th overall (Matthew Wells)
9. Sixth round: Browns – acquired as part of a May 1 draft day trade. 26th in round, 202nd overall (A.J. Derby)
Patriots’ sixth round assigned selection – Traded to the Titans as part of the Akeem Ayers trade
10. Seventh round: Packers – acquired as part of a May 2 draft day trade. 30th in round, 247th overall (Darryl Roberts)
Patriots’ seven round assigned selection – Traded to the Eagles as part of the Greg Salas trade
11. Seventh round: Compensatory pick for loss of Dane Fletcher, No. 36 in round, 253rd overall (Xzavier Dickson).

If you wish to learn more about the 2015 rookie pool and these player’s 2015 cap hits please review this blog post that covers that material.
* * * * * * * * * * * * * * * * * * * * * * * * * *
Re-signed/extensions/restructures

Jerod Mayo(restructure): Lowered 2015 salary from $6.25 million to $1.5 million while receiving a $3,000,000 signing bonus. His 2015 46-man active roster was eliminated along with his 2015 offseason workout bonus. He now has $1,500,000 in playing-time incentives (85% of defensive snaps) that is also tied to an unknown team incentive. receptions. Mayo’s 2016 salary was lowered from $7.25 million to $3.25 million. Mayo’s 2017 salary was lowered from $8.75 million to $6.75 million.In 2016 and in 2017 Jerod Mayo could earn up to $500,000 in 46-man active roster bonus ($31,250 per game). In 2016 and in 2017 Jerod Mayo has a $250,000 offseason workout bonus. In 2016 Jerod Mayo has a $4 million roster bonus that is tied to an option for the 2016 season. The roster bonus is due at the beginning of the 2016 League Year. In 2017 Jerod Mayo has a $2 million roster bonus that is tied to an option for the 2017 season. The $2 million roster bonus is due at the beginning of the 2017 League Year. For more information about Mayo’s restructure please review this blog post.

Jerod Mayo’s Old Deal
2015 2016 2017
Salary 6,250,000 7,250,000 8,750,000
46-man active Roster Bonus 187,500 500,000 500,000
2012 Option Bonus Proration 2,400,000 2,400,000
2011 Signing Bonus Proration 1,200,000
Offseason Workout Bonus 250,000 250,000 250,000
Pro Bowl Incentive
Start of League Year Roster Bonus
2015 3M Signing Bonus Proration
Totals 10,287,500 10,400,000 9,500,000
300,000 Pro Bowl incentive is NLTBE
Jerod Mayo’s New Deal
2015 2016 2017
Salary 1,500,000 3,250,000 6,750,000
46-man active Roster Bonus 500,000 500,000
2012 Option Bonus Proration 2,400,000 2,400,000
2011 Signing Bonus Proration 1,200,000
Offseason Workout Bonus 250,000 250,000
Pro Bowl Incentive
Start of League Year Roster Bonus 4,000,000 2,000,000
2015 3M Signing Bonus Proration 1,000,000 1,000,000 1,000,000
Totals 6,100,000 11,400,000 10,500,000

–WR Danny Amendola (restructure): Lowered 2015 salary from $4 million to $1.25 million while receiving $500,000 signing bonus. Replaces $500,000 receptions NLTBE incentive with $750,000 playing-time NLTBE incentive. Amendola played in 40% of the offensive snaps in 2014. The terms of the 2016 and 2017 contract years were not changed.

Amendola’s Old Deal
2015 2016 2017
Salary 4,000,000 5,000,000 6,000,000
2013 Signing Bonus Proration 1,200,000 1,200,000 1,200,000
Roster Bonus 500,000 500,000 500,000
Cap Number 5,700,000 6,700,000 7,700,000
Cash Received 4,500,000 5,500,000 6,500,000
Amendola’s New Deal
2015 2016 2017
Salary 1,250,000 5,000,000 6,000,000
2013 Signing Bonus Proration 1,200,000 1,200,000 1,200,000
2015 Signing Bonus Proration 166,666 166,666 166,668
Roster Bonus 500,000 500,000 500,000
Cap Number 3,116,666 6,866,666 7,866,668
Difference 2,583,334 -166,666 -166,668
Cash Received 2,250,000 5,500,000 6,500,000
Cash Difference -($2,250,000) 0 0

–DE Rob Ninkovich (restructure): Lowered 2015 salary from $2.1 million to $1.5 million while receiving $3,000,000 signing bonus. Eliminated 2015/2016 playing-time and Pro Bowl incentives. Increased 46-man active roster bonus from $250,000 to $400,000.

Ninkovich’s Old Deal
2015 2016
Salary 2,100,000 1,500,000
LTBE Playing-Time Incentive 250,000 1,650,000
2013 Signing Bonus Proration 1,250,000 1,250,000
Workout Bonus 100,000 100,000
Roster Bonus 250,000 300,000
Totals 3,950,000 4,800,000
Cash Received 2,700,000 3,550,000
Ninkovich’s New Deal
2015 2016
Salary 1,500,000 1,500,000
2013 Signing Bonus Proration 1,250,000 1,250,000
2015 Signing Bonus Proration 1,500,000 1,500,000
Roster Bonus 400,000 400,000
Workout Bonus 100,000 100,000
LTBE Playing-Time Incentive
Cap Number 4,750,000 4,750,000
Difference 800,000 -50,000
Cash Received 5,000,000 2,000,000
Cash Difference 2,300,000 -1,550,000

–WR Brian Tyms (ERFA; re-signed): 1 year/$600,000 including $15,000 offseason workout bonus
–DT Sealver Siliga (ERFA; re-signed): 1 year/$660,000
–TE/FB James Develin (ERFA; re-signed): 1 year/$660,000
LB Chris White (UFA; re-signed): 1 year/$795,000 including $50,000 signing bonus. Deal qualifies for Minimum Salary Benefit lowering cap hit of salary from $745,000 to $585,000. Chris White’s 2015 cap number is $635,000
–S Devin McCourty (UFA; re-signed): 5 years/$47.5 million. $22 million fully guaranteed. $15 million signing bonus.
–K Stephen Gostkowski (UFA; franchise tag): 1 year/$4.59 million. $4.44 million salary.$100,000 offseason workout bonus. $50,000 Pro Bowl bonus
DT Alan Branch (UFA; resigning): 2 years/$6.6 million maximum value, $700,000 signing bonus
LB James Morris (ERFA – resigned): 1 yr/$435,000
Dax Swanson (CB) (2014 Practice Squad member – signed): 1 yr, $435,000
Jake Bequette (DE) (2014 Practice Squad member – signed): 1 yr, $585,000
Chris Barker (OG) (2014 Practice Squad member – signed): 1 yr, $510,000
Caylin Hauptmann (OT) (2014 Practice Squad member – signed): 1 yr, $510,000
Eric Martin (LB) (2014 Practice Squad member – signed): 1 yr, $585,000
Jonathan Krause (WR) (2014 Practice Squad member – signed): 1 yr, $445,000, $10,000 signing bonus
Deontae Skinner (LB) (2014 Practice Squad member – signed): 1 yr, $510,000
Justin Green (CB) (2014 Practice Squad member – signed): 1 yr, $435,000
Garrett Gilbert (QB) (2014 Practice Squad member – signed): 1 yr, $445,000, $10,000 offseason workout bonus

Subtractions

  1. LB Akeem Ayers (UFA: St. Louis Rams): 2 years/$6 million, $2.75 million guaranteed)
  2. CB Brandon Browner (UFA; New Orleans): 3 years/$15 million contract
  3. RB Shane Vereen (UFA; New York Giants): 3 years/$12.35 million, $4.75 million guaranteed
  4. LB Jonathan Casillas (UFA;New York Giants): 3 years/$8 million, $2.975 million guaranteed
  5. DT Vince Wilfork (UFA; Houston): 2 years/$10 million, $5 million guaranteed
  6. CB Darrelle Revis (UFA; New York Jets: 5 years/$70 million, $39 million guaranteed
  7. RB Stevan Ridley
  8. CB Kyle Arrington
  9. CB Alfonzo Dennard
  10. LB Cameron Gordon
  11. WR Devin Gardner
  12. Kevin Dorsey
  13. Chimdi Chewka

As of June 21 the Patriots have $14,017,976 (9.70% of their adjusted cap) in dead money. To see a complete list of the players on the dead money list please see this blog post.

Unsigned free agents

  1. LS Danny Aiken
  2. G Dan Connolly
  3. WR Greg Orton (non-tendered as ERFA)

If you wish to see the current roster status (72 players total) of the defending Super Bowl Champions New England Patriots please review this blog post.

The below table attempts to show that the total cash outlay made to free agents or through re-signings. It also shows the amount of guarantees received by the player.

Name 2015 Cash 2015Cap Full Guarantee Total Guarantee
McCourty, Devin $18,000,000 $6,000,000 $22,000,000 $28,500,000
Sheard, Jabaal $6,000,000 $4,000,000 $5,500,000 $6,000,000
Gostkowski, Stephen $4,590,000 $4,590,000 $4,400,000 $4,400,000
Chandler, Scott $3,250,000 $2,250,000 $2,000,000 $2,000,000
Branch, Alan $2,100,000 $2,150,000 $700,000 $700,000
Fletcher, Bradley $2,131,250 $1,481,250 $550,000 $550,000
Cox, Derek $745,000 $585,000
McClain, Robert $1,090,000 $1,090,000 $300,000 $300,000
Freeny, Jonathan $1,000,000 $1,000,000
Gibson, Brandon $825,000 $665,000 $40,000 $40,000
Flynn, Matt $950,000 $665,000 $20,000 $20,000
White, Chris $795,000 $635,000 $50,000 $50,000
Cadet, Travaris $775,000 $742,500 $62,500 $62,500
Johnson, Antonio $755,000 $595,000
Watson, Dekoda $745,000 $585,000
Fletcher, Dane $825,000 $665,000 $20,000 $20,000
Develin, James $660,000 $660,000
Siliga, Sealver $660,000 $660,000
Tyms, Brian $600,000 $600,000
Martin, Eric $595,000 $595,000
Bequette, Jake $585,000
Lewis, Dion $585,000
Vellano, Joe $585,000
Barker, Chris $510,000
Hauptmann, Caylin $510,000
Skinner, Deontae $510,000
Green, Justin $435,000
Johnson, Rufus $435,000
Krause, Jonathan $435,000 $10,000 $10,000
Morris, James $435,000
Swanson, Daxton $435,000
Totals $52,551,250 $30,213,750 $35,652,500 $42,652,500

* * * * * * * * * * * * *

2016 Free Agency

  • The Pats will have until the start of the 2016 League to make ERFA tender offer to these potentional ERFAs (Josh Boyce, Jordan Devey, Chris Barker, Caylin Hauptmann, Jonas Gray, Joe Vellano, James Morris, Kevin Hughes, Jonathan Krause, Justin Green, Daxton Swanson, and Rufus Johnson). The tender offer equals the minimum salary for a player with the amount of credited seasons.
  • The Pats will have until the start of the 2016 League Year to these potential RFAs (Josh Kline, James Develin, Dion Lewis, Brian Tyms, Ryan Allen, Sealver Siliga, and Darius Fleming). The 2015 tenders were $3.354 million for the 1st round tender, $2.356 million for the 2nd round tender, and $1.542 million for original round tenders. The minimum increase is 5%. The maximum increase is 10%.
  • As of June 21st these Patriots will become UFAs after the 2015 season (Ryan Wendell, Nate Solder, LeGarrette Blount, Michael Hoomanawanui, Matt Flynn, Brandon Gibson, Stephen Gostkowski, Nate Ebner, Chris White, Bradley Fletcher, Robert McClain, Tavon Wilson, Antonio Johnson, Derek Cox, coJonathan Freeny, Dane Fletcher, and Dekoda Watson)

 

2016 Draft

OvertheCap.Com’s Nick Korte projects that the Patriots will receive a 3rd round compensatory pick in 2016 as well as 3 6th round compensatory picks. The Patriots received the Houston Texans’ 2016 7th round pick as part of the Ryan Mallett trade. The Patriots lost their 2016 first round pick as part of their punishment for violations of the NFL Policy on Integrity of the Game and Enforcement of Competitive Rules relating to the use of under-inflated footballs in the 2014 AFC Championship Game and their failure to cooperate in the subsequent investigation.

As of June 21 the Patriots will enter the 2016 draft with 11 draft picks
First round: Taken away by the NFL
1. Second round: Own pick
2. Third round: Own pick
3. Third round: Compensatory pick for loss of Darrelle Revis. 97th overall
4. Fourth round: Own pick
5. Fifth round: Own pick
6. Sixth round: Own pick
7. Sixth round: Compensatory pick for loss of Vince Wilfork.
8. Sixth round: Compensatory pick for loss of Shane Vereen.
9. Sixth round: Compensatory pick for loss of Akeem Ayers.
10.Seventh round: Texans – acquired as part of the Ryan Mallett trade
11.Seventh round: Own pick

You can see a timeline of upcoming events in my Patriots calendar salary cap post.

You can follow me on Twitter at @patscap.

A call for a donation

A long-time family friend, my youngest sister’s best friend, is on the board of directors of a soup kitchen and food pantry in Malden, Massachusetts that serves over 400 low-income and homeless families per month. I am asking that if you have found my salary cap pages/blogs useful that if you are able to do so, please make a donation to the Bread of Life soup kitchen/food pantry. Their address is:
Attn: Mea Quinn Mustone
Bread of Life
54 Eastern Avenue, Rear
Malden, MA 02148
Please mention this website with your donation. Thanks so much!!!

Clearing up a misconception about Malcolm Butler’s contract

Written by: Miguel Benzan
Posted June 7, 2015 at 4:29 pm

Since Malcolm Butler, the hero of Super Bowl XLIX, has not yet participated in the OTAs sessions that the media can attend there has been some speculation about his absence. The point of this video is to explain why Butler’s absence has nothing do with his contract.

Malcolm Butler was an undrafted free agent who signed his contract on May 19, 2014. Malcom did not receive a signing bonus as part of his 3-year contract. His salaries are $420,000 in 2014, $510,000 in 2015, and $600,000 in 2016. Per the CBA (Article 7, Section 3, Subsection K – A Rookie Contract for an Undrafted Rookie may not be renegotiated, amended or altered in any way until after the final regular season game of the player’s second contract year”. In Malcolm Butler’s case this means that his deal can not be redone after Week 17 of the 2015 regular season even if he and the Patriots wanted to redo his deal. Given this restructure prohibition why would Butler miss OTAs to signify displeasure with his contract? As for ending his current deal and signing Butler to another deal that would be subject to the two-year rule Butler would first have to clear waivers. It is highly doubtful that all 31 other teams would pass on a chance to have Butler on their roster for the next two years at his minimum salaries. Per another section of the CBA – “No Team and player may agree to renegotiate any term of a previously signed Player Contract for a prior League Year. No contract renegotiations may be done for a current season after the last regular season game of that season”. Taking these sections together into consideration means that if the Patriots and Butler do redo his deal after Week 17 of the 2015 regular season the restructure will only affect his 2016 cap number and not both his 2015 and 2016 cap numbers.

Hopefully, this blog has cleared up the misconception that Malcolm Butler’s absence has anything to do with redoing his 2014 contract.

You can follow me on Twitter at @patscap.

A call for a donation

A long-time family friend, my youngest sister’s best friend, is on the board of directors of a soup kitchen and food pantry in Malden, Massachusetts that serves over 400 low-income and homeless families per month. I am asking that if you have found my salary cap pages/blogs useful that if you are able to do so, please make a donation to the Bread of Life soup kitchen/food pantry. Their address is:
Attn: Mea Quinn Mustone
Bread of Life
54 Eastern Avenue, Rear
Malden, MA 02148
Please mention this website with your donation. Thanks so much!!!

Super Bowl Champs 2015 Salary Cap Picture – Listing Future Cap needs and listing how the Patriots can create more cap space

Written by: Miguel Benzan
Posted June 6, 2015 at 10:14 am

Updating my 2015 Patriots salary cap picture the first week in June.

Right now, the total Patriot 2015 cap commitments is $134,627,255. The 2015 Patriots adjusted cap number is $144,578,084. The Patriots 2015 adjusted cap number of $ 144,578,084 minus cap commitment of $134,579,872 equals $9,950,829 in cap space with 88 signed players and 3 tendered players (James Develin and Malcom Brown).

Between May 25 and the start of training camp the Patriots should reach a deal with their remaining unsigned draft pick (first round pick defensive tackle Malcom Brown). Reaching a deal with Brown will cause the Patriots to lose $799,224 in cap space.

September 5 Simultaneously with the cut-down to 53, clubs that have players in the categories of Active/Physically Unable to Perform or Active/Non-Football Injury or Illness must select one of the following options: place player on Reserve/Physically Unable to Perform or Reserve/Non- Football Injury or Illness, whichever is applicable; request waivers; terminate contract; trade contract; or continue to count the player on the Active List. Please note that as Jocelyn Robichaud once pointed out in an email: “The current cap status is calculated with the top 51 earners. On the other hand, not all of these players will make the team. Thus, as the team shrinks its roster to 53 players, it will create cap room unless it keeps all of its top earners. For example, let us say that Jonathan Freeny ($850,000 in salary) does not make the team and is replaced by Geneo Grissom ($435,000 in salary). This would free $415,000 in cap room for the Patriots. If Tyler Gaffney makes the team instead of Tavaris Cadet, that would create $275,000 in cap space. If Jordan Richards makes the 53-man roster instead of Tavon Wilson, that would create $530,166 in cap space. If Fred Davis makes the 53-man roster instead of Michael Hoomanawanui,  that would create $515,000 in cap space With just 4 those roster decisions the Patriots could create over $1,735,166 in cap space when the rosters are cut down to 53 players.
September 5 Simultaneously with the cut-down to 53,Tom Brady and LeGarrette Blount’s suspensions begin.
The Patriots will receive the below credit on their 2015 salary cap depending on how Tom Brady is suspended for

  • 0 games- $0
  • 1 game – $470,588.24
  • 2 games – $941,176.47
  • 3 games – $1,411,764.71
  • 4 games – $1,882,352.94

The Patriots will receive a $44,118 credit when LeGarrette Blount’s suspension kicks in

September 6 Beginning at 12:00 p.m., New York time, clubs may establish a Practice Squad of ten players. A player is eligible if he does not have an accrued season of NFL experience. Players gain an accrued season by being on the active roster for at least six games. If a player has one accrued season, they can still be practice squad eligible if they were on the 46-man active game-day roster for less than nine regular season games. Under the new 2014 NFL rules, teams may sign no more than two players up to two accrued seasons. A player is deemed to have served a season on the practice squad if he remains on the practice squad for at least six weeks. Players are eligible to be on the practice squad for two seasons. Players can be eligible for a third practice squad season if their team maintains no less than 53 players on the active/inactive list at all times. The minimum salary for a practice squad player is $6,600. $6,600 * 10 * 17 = $1,122,000. Since the Patriots have typically pay some of their practice squad players more than the minimum and sometimes have less than 10 players on their practice squad, I will use $1.25 million for budgeting purposes. If you wish to see the list of the Patriots eligible to be placed on the 2015 practice squad please see this blog post.
September 6 Final day of preseason training camp for all clubs, as defined in CBA Article 23, Section 9.
September 9 At 4:00 p.m., New York time, deadline for all NFL Player Contracts, Practice Player Contracts, tender offers, and miscellaneous amounts to fit within each Club’s 2015 Salary Cap, in anticipation of the midnight expiration of the Top 51 Rule. The Patriots will need another $870,000 in cap space to pay the salaries of players 52, and 53. The Patriots typically have a $2 to $4 million cushion to replace players placed on IR and to reach injury settlements with players. Under the new CBA the Patriots have placed the following amounts of players on Injured Reserve or NFI (Non Football Injury)

  • 2011 – 12
  • 2012 – 11
  • 2013 – 13
  • 2014 – 10

The Patriots usually sign 1 to 2 players to extensions during the regular season taking anywhere between 1 to 2 million in cap space. Based on what happened last year the Patriots will have a $1.4 million cushion for NLBE incentives that are likely to be earned in 2015.

  • Sebastian Vollmer’s $62,500 46-man active roster which totals $62,500 since Vollmer played in 15 games in 2014
  • Julian Edelman’s $46,875 46-man active roster which totals $93,750 since Edelman played in 14 games in 2014
  • Bradley Fletcher’s $18,750 46-man active roster which totals $18,750 since Fletcher played in 15 games in 2014
  • Alan Branch’s $25,000 46-man active roster which totals $200,000 since Branch played in 8 games in 2014
  • Ryan Wendell’s $12,500 46-man active roster which totals $175,000 since Wendell played in 14 games in 2014
  • Vollmer’s 90% playing-time incentive – $1,000,000

To read more about LTBE/NLTBE incentives see this blog post

Current cap space – $9,950,000
Signing Malcom Brown – (-$800,000)
Players 52, 53, and practice squad (-$2,120,000) – early September
Robichaud roster effect – ($2,300,000). May create more if the Patriots release more higher-paid salaried players that I am currently expecting. – Also early September
Cushion for replacing injured players during the season (-$3,000,000) – Also early September
Cushion for reached NLTBE incentives (-$1,400,000) – Also early September
Cushion for in-season extensions (-$2,000,000) – Also early September
Credit for LeGarette Blount’s suspension ($45,000) – 1st week of regular season
Credit for Tom Brady’s suspension ($1,900,000) – 1st week of regular season

9,950,000 (Current cap space)
– 800,000 (Signing Malcom Brown)
-2,120,000 (paying for players 52, 53 and practice squad)
+2,300,000 (Robichaud roster effect)
-3,000,000 (Replacing injured players)
-1,400,000 (Cushion for reached NLTBE incentives)
-2,000,000 (Cushion for in-season extensions)
+45,000 (Blount suspension credit)
+1,900,000 (Brady suspension credit)
===========
$4,875,000

Therefore, the Patriots would probably like to enter Week 1 with about 4 to 6 million in cap space.

shows that the Patriots have about 5 million in cap space to account for any future free agent signings. That is, they could sign one free agent to a $5.585 million deal today and still account for the above contingencies

The Patriots are currently under their 2015 cap by $9.95 million if they do not cut any more veterans or renegotiate any more contracts. There are plenty of opportunities to do both, thereby opening up millions of dollars under the cap. Here are some possible ways that the Pats could free up cap space. Please note that I am NOT advocating that the Patriots do all of these salary-cap maneuvers.

1. Sign Stephen Gostkowski to a 5-year deal, $19 million deal. $5 million signing bonus for a net cap savings of $1 million. Would no longer have a $50,000 Pro Bowl bonus in his deal. Instead will increase his offseason workout bonus money from $100,000 to $150,000. This deal would make Stephen the highest paid kicker with a APY of $3.8 million.
2015
Base salary: $1.85 million (fully guaranteed)
Offseason workout: $150,000
Cap figure: $3,000,000
2016
Base salary: $1.85 million (fully guaranteed)
Offseason workout: $150,000
Cap figure: $3 million
2017
Base salary: $1.85 million (will become fully guaranteed)
Offseason workout: $150,000
Cap figure: $3 million
2018
Base salary: $3.35 million
Offseason workout: $150,000
Cap figure: $4.5 million
2019
Base salary: $4.35 million
Offseason workout: $150,000
Cap figure: $5.5 million

2.) Extend Nate Solder for a net cap savings of $4.088 million. I would use the deal struck between the Arizona Cardinals and Jared Veldheer in March of 2014 as a template. 5 year, $40 million deal. $8 million signing bonus. $500,000 each year in 46-man active roster bonuses.

  • 2015 – $8m signing bonus, $1.25m fully guaranteed salary, $500,000 in 46-man active roster bonuses. 3.35 million cap number
  • 2016 – $5.75 million salary. $4 million guaranteed for injury at start of deal, becomes fully guaranteed at the start of 2016 season. $500,000 in 46-man active roster bonuses. $7.85 million cap number
  • 2017/2018/2019 – $7.5 million salary. $500,000 in 46-man active roster bonuses. $9.1 million cap number.

As rich as this deal sounds, this would put Solder among the lowest paid left tackles who are NOT on a rookie contract.

3.) Waive Aaron Dobson
4.) Waive Tavon Wilson
5.) Release Michael Hoomanawanui
6.) Release Jonathan Freeny

Salary Cap Impact of Geneo Grissom’s signing with the New England Patriots

Written by: Miguel Benzan
Posted May 9, 2015 at 10:44 pm

On May 9th the defending Super Bowl Champions New England Patriots announced that their 3rd round pick Geneo Grissom has signed with them. The Patriots will lose $145,487 in cap space after this signing. None of his salaries will be guaranteed. The Boston Globe’s Ben Volin tweeted on May 8th that Geneo will receive a $10,000 offseason workout bonus for the years 2016,2017 and 2018.

As an 3rd round pick Grissom is eligible to earn the Proven Performance Escalator that could raise his 2018 salary to the low RFA tender for that year. An eligible player will qualify for the Proven Performance Escalator if : (1) he participated in a minimum of 35% of his Club’s offensive or defensive plays in any two of his previous three regular seasons; or (2) he participated in a “cumulative average” of at least 35% of his Club’s offensive or defensive plays over his previous three regular seasons. The low RFA tender in 2015 was $1,542,000. It can increase each year by no less than 5% and no more than 10%. Therefore, in 2018 the low RFA tender could be as little as $1,785,000 or as much as $2,053,000.

Every third round pick made during the Bill Belichick era has made that year’s 53-man roster if they were not placed on IR (Tyrone McKenzie and Brock Williams) or the Non-Football Injury List (Brandon Tate) making it a virtual certainty that Grissom will be on the Patriots roster when they raised the Super Bowl banner on September 10th.

If Grissom is placed on Injured Reserve during the 2015 season, his salary will decrease from $435,000 to $318,000.

Here’s a graphical look at what I expect Dickson’s numbers to look at

Geneo Grissom’s deal
Year Salary Prorated Bonus OffSeason Workout Bonus Cap Number Dead Money Cash Total Cash
2015 $435,000 $145,487 $580,487 $581,948 $1,016,948 $1,016,948
2016 $525,000 $145,487 $10,000 $680,487 $436,461 $535,000 $1,547,948
2017 $615,000 $145,487 $10,000 $770,487 $290,974 $625,000 $2,172,948
2018 $705,000 $145,487 $10,000 $718,196 $145,487 $715,000 $2,887,948

You can follow me on Twitter at @patscap.

A call for a donation

A long-time family friend, my youngest sister’s best friend, is on the board of directors of a soup kitchen and food pantry in Malden, Massachusetts that serves over 400 low-income and homeless families per month. I am asking that if you have found my salary cap pages/blogs useful that if you are able to do so, please make a donation to the Bread of Life soup kitchen/food pantry. Their address is:
Attn: Mea Quinn Mustone
Bread of Life
54 Eastern Avenue, Rear
Malden, MA 02148
Please mention this website with your donation. Thanks so much!!!

2015 New England Patriots eligible for practice squad

Written by: Miguel Benzan
Posted May 3, 2015 at 6:36 pm

Starting at noon September 6 the New England Patriots can build its practice squad, which can consist of up to ten players. Not every player is eligible to be on the practice squad.

Below are the criteria for eight of the ten players:

  1. A player who has not accrued a season of NFL experience is eligible for the practice squad. (e.g. a rookie).
  2. A free agent who was active (46-man game-day roster) for fewer than nine games during their accrued season(s) is eligible for the practice squad (e.g. Tyler Gaffney).
  3. A player cannot be on a practice squad for a third season unless his team has a full 53-man roster.

Note that a player must have a minimum of six games – up from the current three games – on a Practice Squad in order for that season to count as one of the player’s three permissible seasons of Practice Squad service.

Two of the ten players can have up to two accrued seasons of free agency credit. Absent this exception, a player who has earned one or more accrued seasons would not be eligible for a Practice Squad unless the player spent fewer than nine games on a club’s 46-player active list in each of his accrued seasons. Source: http://nflcommunications.com/2014/08/19/nfl-practice-squads-expand-to-10-players/
Reminder – In order to be placed onto the Patriots practice squad, the player must first clear waivers.

This year practice squad players will be paid a minimum of $6,600 a week, an increase from $6,300 last year. $6,600 * 10 players * 17 weeks= $1,122,000.

Here is the list of all practice squad eligible Patriots on the team’s current roster and the reason why they are eligible.

  1. Chris Barker (One accrued season with less than 9 games on 46-man roster, one practice squad season)
  2. Malcolm Butler (One accrued season)
  3. Jordan Devey (One accrued season with less than 9 games on 46-man roster. One practice squad season)
  4. Dominique Easley (One accrued season)
  5. Cameron Fleming (One accrued season)
  6. Darius Fleming (One accrued season with less than 9 games on 46-man roster)
  7. Tyler Gaffney (One accrued season with less than 9 games on 46-man roster)
  8. Jimmy Garoppolo (One accrued season)
  9. Josh Kline (Two accrued seasons with one of them being less than 9 games on 46-man roster)
  10. Zach Moore (One accrued season)
  11. Sealver Siliga (Patriots must have a full 53-man roster since Siliga has played on a practice squad for two seasons)
  12. Bryan Stork (One accrued season)
  13. Brian Tyms (Two accrued seasons with one of them being less than 9 games on 46-man roster)
  14. James White (One accrued season)
  15. Joe Vellano (one accrued season. One Practice squad season)
  16. James Develin (two accrued seasons)
  17. Aaron Dobson (two accrued seasons)
  18. Ryan Allen (two accrued seasons)
  19. Jake Bequette (Two accrued seasons with less than 9 games on 46-man roster. One practice squad season)
  20. Jamie Collins (two accrued seasons)
  21. Chris Jones (two accrued seasons)
  22. Logan Ryan (two accrued seasons)
  23. Duron Harmon (two accrued seasons)
  24. Josh Boyce (One accrued season. One Practice Squad season)
  25. Jonas Gray (One accrued season. One practice squad season)
  26. James Morris (One accrued season)
  27. Daxton Swanson (One accrued season with less than 9 games on 46-man roster. One practice squad season)
  28. Malcom Brown (rookie)
  29. Jordan Richards (rookie)
  30. Geneo Grissom (rookie)
  31. Trey Flowers (rookie)
  32. Tre’ Jackson (rookie)
  33. Shaq Mason (rookie)
  34. Joe Cardona (rookie)
  35. Matthew Wells (rookie)
  36. A.J. Derby (rookie)
  37. Darryl Roberts (rookie)
  38. Xzavier Dickson (rookie)
  39. Jimmy Jean (rookie)
  40. David Andrews (rookie)
  41. Chris Harper (rookie)
  42. Brandon King (rookie)
  43. Vince Taylor (rookie)
  44. Eric Martin (two accrued seasons)
  45. Caylin Hauptmann (No accrued seasons)
  46. Jimmay Mundine (rookie)
  47. Jonathan Krause (One practice squad season)
  48. Justin Green (One practice squad season)
  49. Rufus Johnson (One practice squad season)
  50. D.J. Lynch (rookie)
  51. Zach D’Orazio (rookie)

Players waived by Patriots in 2015 who are eligible to be placed on the practice squad

  1. Tyler Ott (No accrued seasons. No practice squad season)
  2. Deontae Skinner (One accrued season with less than 9 games on 46-man roster)
  3. Michael Buchanan (two accrued seasons)
  4. Tim Wright (two accrued seasons)
  5. Kevin Dorsey (Two accrued seasons with less than 9 games on 46-man roster.)
  6. Devin Gardner (rookie)
  7. Cameron Gordon (One accrued season)
  8. Eric Patterson (rookie)
  9. Garrett Gilbert (one practice squad season)
  10. Tim Wright (two accrued seasons)
  11. Logan Stokes (rookie)

How the 2015 Rookie Salary Cap Pool Will Work for the New England Patriots

Written by: Miguel Benzan
Posted at 7:54 am

With Brian McFarland’s @Ravenssalarycap permission I am using his fine work at
http://russellstreetreport.com/2014/05/06/baltimore-ravens-salary-cap/an-explanation-of-how-the-rookie-salary-cap-really-work/
as a template for this blog post.

Updated on May 5 with exact numbers as provided by Mike Reiss

Soon after the 2015 NFL draft is completed, the league will announce each team’s “Year One Rookie Allocation” (formerly known as the “Rookie Pool” or “Rookie Salary Cap”). This is an oft misunderstood number, because while it is part of the team’s Salary Cap, it does not have a dollar-for-dollar impact on the team’s overall Salary Cap.

The Rookie Salary Cap is often referred to as “a cap within a cap” because it limits the amount that teams can allocate to their rookies in the year they were drafted (and over the life of the rookies’ contracts). But, beyond that, there is a lot of confusion about the Rookie Salary Cap and exactly how it works. Even some in the media do not fully understand the mechanics of it. Some have been heard to say that it’s a totally separate pool of money that is not included in the team’s overall Cap. Others think the entire amount of the Rookie Cap is included in the team’s overall Cap, meaning that teams will need that much overall Cap space to sign their rookies.

Both of those characterizations are incorrect.

The Rookie Cap is not a separate, distinct pool, but rather, a separate calculation and there is not a dollar-for-dollar correlation between the Rookie Cap and the overall Cap. So, while all of the Salary Cap numbers of a team’s draft picks must fit under the team’s Rookie Salary Cap, very rarely will all of that amount actually impact the team’s overall Salary Cap.

The reason for these misconceptions revolves around the Rule of 51, which is contained in Article 13 of the NFL’s Collective Bargaining Agreement. The Rule of 51 dictates that, from the beginning of the league year in early March until the beginning of the season, only the top 51 Salary Cap numbers and all of the pro-rata shares of bonus money for the players outside of the top 51 count toward the team’s overall Cap. All “dead money,” i.e. amounts that count against the Salary Cap for players who are no longer on the roster, counts as well.

Said a simpler way, during this period of the offseason, a team’s Rule of 51 Salary Cap number can be calculated by removing the base salaries of all players who do not fall amongst the top 51 Cap numbers.

This rule is necessary because, during the offseason, team rosters can number up to 90 players. As such, it would be impossible for teams to fit all of those players under the Cap. So, to counter this problem, the NFL has instituted the Rule of 51.

So, by way of example, there is a seven-way tie for Patriots’s 51st highest Cap number at $585,000. Chris Jones, Jake Bequette, Darius Fleming, Josh Kline, Dion Lewis, Joe Vellano, and Tim Wright all have salaries of $585,000. The 58th highest Cap number (Zach Moore) is $535,550. Because the “58th” highest Cap number doesn’t count against the Cap, Zach Moore’s base salary of $510,000 is not currently counting against the Patriots salary cap but his $25,550 in signing bonus proration does. This treatment also applies to all other players who are outside the team’s top 51 – the player’s base salary will not count but signing bonus prorations and offseason workout bonuses will.

OK, so what does this have to do with how the Rookie Cap works?

First, as way of further explanation, under the CBA of 2011, all draft picks receive 4-year contracts, generally with a signing bonus and often with minimum base salaries set for each year of the deal. While 1st and 2nd round picks may have base salaries of more than the minimum in years two through four of their deals, even those players will almost always receive the rookie minimum base salary during their first year. For 2015, the minimum base salary for a rookie is $435,000. For Salary Cap purposes, the bonus received by the player is prorated over the four years of the deal and that prorated amount is added to the base salary to create the player’s Cap number.

So, because of the low base salary and the small signing bonuses that many of the lower round draft picks receive, those draft picks will not be amongst the top 51 Cap numbers on the Patriots (Patriots had 75 signed or tendered players before the start of the 2015 draft). As such, under the Rule of 51, those players’ base salaries of $435,000 will not count against the teams overall Salary Cap and only the player’s bonus proration will count toward the team’s overall Cap.

So, how will this affect the Patriots in 2015?

As we now know, the Patriots ended up with eleven (11) draft picks in this year’s draft.

With the new CBA’s rookie wage scale, the compensation for draft picks is now basically slotted, so based on the 11 draft picks, the Patriots would likely have a Rookie Cap number of $6,647,733. The below numbers are based on reports that the rookie pool will increase by 15% this year after being essentially frozen the last three (3) years.

Those Cap numbers would breakdown as follows :

1st round (#32- Malcom Brown): $1,384,168

2nd round (#64- Jordan Richards): $674,827

3rd round (#97 – compensatory selection – Geneo Grissom) : $580,487

4th round (#101 – from Buccaneers – part of Logan Mankins trade – Trey Flowers): $574,733

4rd round (#111 – from Browns – part of 2015 draft day trade – Tre Jackson): $565,881

4th round (#131 – Shaq Mason): $545,881

5th round (#166 – from Packers – part of 2015 draft day trade – Joe Cardona Jackson): $482,383

6th round (#178 – from Buccaneers – part of Jonathan Casillas trade – Matthew Wells): $470,973

6rd round (#202 – from Browns through Ravens – part of 2015 draft day trade – A.J. Derby): $463,013

7th round (#247 – from Packers – part of 2015 draft day trade): $448,556

7th round (#253 – compensatory selection – Xzavier Dicksonr): $448,196

Presently, the Patriots ’ bottom 5 Rule of 51 Cap numbers are:

47: Antonio Johnson $595,000 ($585K base salary + 10,000 offseason workout bonus)

48: Eric Martin $595,000 ($585K base salary + 10,000 offseason workout bonus)

49: Ryan Allen $585,500 ($585K base salary + 500 signing bonus proration)

50: Cameron Fleming $585,146 ($510K base salary + $75,146 signing bonus proration)

51: Chris Jones $585,000 ($585K base salary + no bonuses)

Again, the team will need to fit all 11 of the draft picks into its $6.647M Rookie Cap, but will not need that much in overall Cap space to accommodate the signing of its draft picks.

So, based on the above numbers, only the first two (2) picks will have Cap numbers greater than Cameron Fleming’s $585,146, which is the Patriots’ 50th highest Cap number. As such, only those two will be part of the top 51 and, under the Rule of 51, will replace Cameron Fleming and Chris Jones who are currently 50th and 51st on the team’s Cap. Only Cameron Fleming ‘s $75,146 signing bonus proration will remain to count against the Salary Cap.

The Cap numbers of the remaining nine (9) draft picks will fall outside of the top 51, so the base salaries of those players, while counting against the Rookie Cap, will not count against the team’s overall Salary Cap. Only the signing bonus prorations for those players will count.

So, to calculate the exact impact of the Rookie Cap on the team’s overall Cap, the amount of the base salaries – $435K – for each of the lower 9 draft picks ($3.915M) can be deducted from the overall number of $6,647,733. Then, for the top two draft picks, while their Cap numbers do count against the overall Cap (by virtue of being part of the top 51 Cap numbers), they replace Cameron Fleming and Chris Jones so $585K of the duo’s cap numbers will be deducted from the team’s overall Cap.

When those three numbers ($3.915M, $585K and $585K) are deducted from the team’s Rookie Cap ($6,669,733), the true impact of the signing of the team’s rookies – $1,583,140 – is revealed.

So, that is how the Year One Rookie Allocation, a.k.a Rookie Salary Cap – the “cap within a cap” – actually works and demonstrates the actual impact of the Rookie Cap on the team’s overall Salary Cap and how it is fair less than most realize.

Slot Name Salary Prorated Signing Bonus 7/4 Cap Hit 9/10 Cap Hit
32 Brown 435,000 949,224 799,224 1,384,224
64 Richards 435,000 239,827 89,827 674,827
97 Grissom 435,000 145,487 145,487 580,487
101 Flowers 435,000 139,733 139,733 574,733
111 Jackson 435,000 130,935 130,935 565,935
131 Mason 435,000 110,881 110,881 545,881
166 Cardona 435,000 47,383 47,383 482,383
178 Wells 435,000 35,973 35,973 470,973
202 Derby 435,000 28,013 28,013 463,013
247 Roberts 435,000 13,556 13,556 448,556
253 Dickson 435,000 13,196 13,196 448,196
Totals 4,785,000 1,854,208 1,554,208 6,639,208
Player 51 (Chris Jones) on the Patriots currently has a cap number of $585,000

And, despite what some in the media may lead you to believe, that number won’t be anywhere near what the team’s Rookie Cap is reported to be.

Please follow me on Twitter: @patscap

A call for a donation

A long-time family friend, my youngest sister’s best friend, is on the board of directors of a soup kitchen and food pantry in Malden, Massachusetts that serves over 400 low-income and homeless families per month. I am asking that if you have found my salary cap pages/blogs useful that if you are able to do so, please make a donation to the Bread of Life soup kitchen/food pantry. Their address is:
Attn: Mea Quinn Mustone
Bread of Life
54 Eastern Avenue, Rear
Malden, MA 02148
Please mention this website with your donation. Thanks so much!!!

Details on Jerod Mayo’s restructure with the defending Super Bowl champions New England Patriots

Written by: Miguel Benzan
Posted April 29, 2015 at 12:28 pm

At his old cap number of $10,287,500 Jerod Mayo had the 2nd highest number of all inside linebackers and the 5th highest cap number of all linebackers. After ending the past two seasons on Injured Reserve Jerod Mayo was not worth such a high cap number. Therefore, no one should have been surprised by today’s report that Jerod Mayo agreed to a restructure.

April 22, 9PM Update: Mike Reiss reported that “a source said Mayo will be guaranteed $4.5 million in 2015, with a chance to earn up to $6 million if he plays in 85 percent of the defensive snaps”

As of April 21, 2015, Jerod Mayo’s 2015 cap number was $10,287,500 which consisted of

  • $6.25 million salary ($4.5 million of which is guaranteed for injury)
  • $3.6 million in signing bonus proration
  • $250,000 offseason workout bonus
  • $187,400 $31,250 per 46-man active roster bonus. If Mayo plays in all 16 games, this total increases to $500,000.
  • Jerod Mayo also has a $300,000 Pro Bowl bonus which is not counting against the 2015 cap.

His 2016 cap number of $10,087,500 consisted of

  • $7.25 million salary
  • $2.4 million in signing bonus proration
  • $250,000 offseason workout bonus
  • $187,500 $31,250 per 46-man active roster bonus. If Mayo plays in all 16 games, this total increases to $500,000.
  • Jerod Mayo also has a $300,000 Pro Bowl bonus which is not counting against the cap

His 2017 cap number of $9,187,500 consisted of

  • $8.75 million salary
  • $250,000 offseason workout bonus
  • $187,500 $31,250 per 46-man active roster bonus. If Mayo plays in all 16 games, this total increases to $500,000.
  • Jerod Mayo also has a $300,000 Pro Bowl bonus which is not counting against the cap

The Salary Cap Impact of releasing an injured Jerod Mayo before June 2:

Mayo’s 2015 cap number would have increased from $10,287,500 to $10.5 million – the rest of his signing bonus proration ($6 million) and the $4.5 million salary that was guaranteed for injury. Since a player with a $585,000 salary would take his place in the Top 51 list, the Patriots would then lose $797,500 ($212,500 plus $585,000) in cap space.
Mayo’s 2016 cap number would go from $10,087,500 to zero.
Mayo’s 2017 cap number would go from $9,187,500 to zero.

Current Deal Injured and Cut Before 6/2
Salary $6,250,000 $4,500,000
46-man active Roster Bonus $187,500
2012 Option Bonus Proration $2,400,000 $4,800,000
2011 Signing Bonus Proration $1,200,000 $1,200,000
OffSeason Workout Bonus $250,000
Totals $10,287,500 $10,500,000
2015 Gross Cap Space Loss ($212,500)
2015 Net Cap Space Loss ($797,500)

According to the first report by Mike Garafolo the $4.5 million salary injury guarantee is now fully guaranteed. Do not know if that means that the Patriots guaranteed all of the $4.5 million salary or if they converted part of the $4.5 million into a signing bonus. Garafolo reported that the “final two years on the deal (2016 and 2017) now include $4 million roster bonuses at the start of the league”. I take that to mean that the Patriots now have an option on Mayo as they did with Wilfork, Browner, and Revis earlier this year. If my presumption is correct, if the Patriots do not pick up the option it would mean that Mayo would become an UFA in 2016 and become eligible for compensatory pick calculations in 2017. We learned on April 29th that the option amount for the 2017 season is 2 million.

Below shows the difference between Jerod Mayo’s old deal and his new deal.

Jerod Mayo’s Old Deal
2015 2016 2017
Salary 6,250,000 7,250,000 8,750,000
46-man active Roster Bonus 187,500 500,000 500,000
2012 Option Bonus Proration 2,400,000 2,400,000
2011 Signing Bonus Proration 1,200,000
Offseason Workout Bonus 250,000 250,000 250,000
Pro Bowl Incentive
Start of League Year Roster Bonus
2015 3M Signing Bonus Proration
Totals 10,287,500 10,400,000 9,500,000
300,000 Pro Bowl incentive is NLTBE
Jerod Mayo’s New Deal
2015 2016 2017
Salary 1,500,000 3,250,000 6,750,000
46-man active Roster Bonus 500,000 500,000
2012 Option Bonus Proration 2,400,000 2,400,000
2011 Signing Bonus Proration 1,200,000
Offseason Workout Bonus 250,000 250,000
Pro Bowl Incentive
Start of League Year Roster Bonus 4,000,000 2,000,000
2015 3M Signing Bonus Proration 1,000,000 1,000,000 1,000,000
Totals 6,100,000 11,400,000 10,500,000

As you can see from above, if the Patriot do not pick Mayo’s 2016 option, they will have $4.4 million in dead money hitting the 2016 cap. As you can see from above, if the Patriot do not pick Mayo’s 2017 option, they will have $1 million in dead money hitting the 2017 cap.

What were the minimum 2015 cap savings from the Jerod Mayo restructure?

Based on the reported details Mayo’s 2015 cap number will decrease from $10,287,500 to no more than $9,287,500. This presumes that Mayo’s salary was lowered from $6.25 million to $5.25 million with $4.5 million of it being fully guaranteed. Mayo’s $250,000 offseason workout bonus and potential earnings of $500,000 in 46-man active roster bonuses would then be left alone. The $5,250,000 salary plus the $250,000 offseason workout bonus plus the potential earnings of $500,000 in 46-man active roster bonuses equals the $6 million maximum compensation for 2015 are reported by Mike Garofolo.

Current Deal Minimum Cap Savings
Salary $6,250,000 $5,250,000
46-man active Roster Bonus $187,500 $187,500
2012 Option Bonus Proration $2,400,000 $2,400,000
2011 Signing Bonus Proration $1,200,000 $1,200,000
OffSeason Workout Bonus $250,000 $250,000
Totals $10,287,500 $9,287,500
2015 Gross Cap Savings $1,000,000

What were the maximum 2015 cap savings for the Jerod Mayo restructure?

Based on the reported details Mayo’s 2015 cap number will decrease from $10,287,500 to no less than $5,680,00. This presumes that Mayo’s salary was lowered from $6.25 million to $870,000 – the lowest possible salary for a player with Mayo’s years of services. Mayo’s $250,000 offseason workout bonus and potential earnings of $500,000 in 46-man active roster bonuses would be eliminated. Mayo would receive a $3,630,000 signing bonus which would be prorated $1,210,000 over the 2015/2016/2017 seasons. The $3,630,000 signing bonus plus the $870,000 salary equals the $4.5 million in guarantee. To reach the maximum compensation of $6 million Mayo would have the opportunity to earn $1.5 million in NLTBE (Not Likely to be Earned) Incentives.

Current Deal Maximum Cap Savings
Salary $6,250,000 $870,000
46-man active Roster Bonus $187,500
2015 Signing Bonus Proration $1,210,000
2012 Option Bonus Proration $2,400,000 $2,400,000
2011 Signing Bonus Proration $1,200,000 $1,200,000
OffSeason Workout Bonus $250,000
Totals $10,287,500 $5,680,000
2015 Gross Cap Savings $4,607,500

Super Bowl Champions New England Patriots Calendar

Written by: Miguel Benzan
Posted April 28, 2015 at 6:31 pm

Customizing the NFL calendar for the best team of the NFL salary cap era – the New England Patriots.

December 29 Clubs could start signing free agent players for the 2015 season. Patriots signed Rufus Johnson, Dion Lewis, and Antonio Johnson to 2015 contracts
December 29 Patriots may renegotiate or extend the rookie contract of a drafted rookie who was selected in the 2012 NFL Draft (Chandler Jones, Dont’a Hightower, Tavon Wilson, Nate Ebner, and Alfonzo Dennard). Any permissible renegotiated or extended player contract will not be considered a rookie contract, and will not be subject to the rules that limit rookie contracts.
December 29 Option exercise period begins for fifth-year option for first-rounds elections from the 2012 NFL Draft (Chandler Jones, Dont’a Hightower). To exercise the option, the club must give written notice to the player on or after December 29, 2014 but prior to May 3, 2015.
February 2 Waiver system began for 2015
February 6 Rob Gronkowski’s 2015 $4.75 million salary and $250,000 offseason workout bonus became fully guaranteed.
February 10 Beginning at 12 noon, New York time, NFL clubs could sign players whose 2014 CFL contracts have expired. Players under contract to a CFL club for the 2015 season or who have an option for the 2015 season are not eligible to be signed.
February 15 Tom Brady received final installment of his $30 million signing bonus guaranteed him in February,2013. Brady received $10 million upfront, $5 million on Valentine’s Day, 2014, $10 million during the 2014 season, and the final $5 million on February 15, 2015.
February 16 First day that the Patriots could designate a Franchise or Transition Player
March 2 Prior to 4:00 p.m., New York time, deadline for Patriots to designate a Franchise or Transition Player. If tagged, Stephen Gostkowski’s 2015 cap number will be $4,549,000. A player’s franchise tag number is the higher of 120% of his prior cap number plus all bonuses included in prior contract or the number achieved from the franchise tag number calculation. Gostowksi’s $4,549,000 figure is a total of his $4.44 million salary, $100,000 offseason workout bonus, and $50,000 Pro Bowl incentive.
On October 12th, 2014 CBS Sportline’s Jason LaCanfora reported that the percentage that will be used to determine the franchise tag number for safeties will be 6.713%. The below table lists the possible franchise tag numbers for McCourty if the league cap is between $140 million and $144 million.

League Cap Safety Franchise Tag Number
$140,000,000 $9,398,000
$141,000,000 $9,465,000
$142,000,000 $9,532,000
$143,000,000 $9,600,000
$143,280,000 $9,618,000
$144,000,000 $9,667,000
March 7-10 Patriots were permitted to contact, and enter into contract negotiations with the certified agents of players who would become Unrestricted Free Agents upon the expiration of their 2014 contracts at 4:00 p.m., New York time, on March 10. However, a contract cannot be executed with a new club until 4:00 p.m., New York time, on March 10
4PM March 10 (End of 2014 League Year) Deadline for the New England Patriots to exercise options for Darrelle Revis, Brandon Browner, and Vince Wilfork. Revis’s option was for 2015 including a $12 million first day of the 2015 league year roster bonus. $3 million of which is payable on March 31, $3 million due on October 31, 2015, $3 million due on December 31, and $3 million on March 31,2016). If the option isn’t exercised, the Patriots can’t use their franchise or transition tag on Revis. Wilfork’s option was for 2015 and 2016 contract years. Wilfork was due a $4 million roster bonus. Brandon Browner’s option was for the 2015 and 2016 seasons. Browner was due a $2 million roster bonus on March 10.
March 10 Nate Solder’s $7.438 million salary became fully guaranteed. 2 million of Julian Edelman’s salary changed from being guaranteed for injury only to fully guaranteed.
March 10 Prior to 4:00 p.m., New York time, the Patriots submitted a Minimum Salary Tender to retain exclusive negotiating rights to their players with expiring 2014 contracts and who have fewer than three accrued seasons of free agency credit (James Morris – $435,000; Brian Tyms – $585,000; James Develin – $660,000; Sealver Siliga – $660,000). They did not submit a tender to Greg Orton.
March 10 Top-51 Begins. All clubs had to have been their 2015 adjusted cap number prior to 4:00 p.m., New York time. The 2015 League cap is $143,280,000. The Patriots 2015 adjusted cap number is $144,578,084. $143,280,000 (League Cap) + $5,258,054 (2014 Ending Cap Space + $1,184,000 Aaron Hernandez salary grievance credit – $5,143,970 (LTBE/NLTBE adjustment). For more on the Aaron Hernandez credit please review this blog post.
March 10 All 2014 player contracts expired at 4:00 p.m., New York time
March 10 Clubs will receive a personnel notice that will include all transactions submitted to the league office during the period between 4:00 p.m., New York time, and 11:59:59 p.m., New York time, on March 10
March 10 Trading period for 2015 begins at 4:00 p.m., New York time, after expiration of all 2014 contracts
March 10, 4PM After 4PM March 10 Patriots can apply the June 1 release designation to no more than two players. The player’s cap hit will remain the same until June 2nd when his 2015 salary and any unearned LTBE incentives would come off the books
March 12 Sebastian Vollmer was due a $1,000,000 roster bonus
March 14 $1 million of Rob Ninkovich’s 2015 salary became fully guaranteed. LaGarrette Blount was due a $100,000 roster bonus. Michael Hoomanawanui was due a $300,000 roster bonus
March 23 NFL Annual Meeting. It was during this meeting that the compensatory picks were announced. The Patriots received a 3rd round pick (Aqib Talib) and a 7th round pick (Dane Fletcher). Patriots.
March 31 Darrelle Revis received $2 million as part of his 2014 $10 million signing bonus. Brandon Lafell received $1 million of his 2014 $3 million signing bonus. Julian Edelman received $2 million of his 2014 $5 million signing bonus.
April 15 Marcus Cannon had to weigh no more than 350 pounds on April 15 in order to earn a $30,000 weight clause.
April 20 All 32 NFL teams will be charged $561,600 on their caps to cover offseason workout bonus. $195 per workout times 80 players times 36 workouts equals $561,600. The Patriots offseason workout program begins.
April 24 Deadline for Patriots to sign Restricted Free Agents to offer sheets
April 30 – May 2 2015 NFL Draft, Chicago, Illinois.
May 2 Patriots can start signing undrafted players. In 2014 the Patriots could offer their UDFAs a total of $80,362 in signing bonuses. Actual total was $47,000
May 2 Patriots can start signing their drafted players. Because of the Top 51 rule signing the 2014 Patriots draft class took up $1,206,373 in cap space. Therefore, it seems safe to project that the Patriots will need between $1.5 and $1.6 million in cap space to sign its 2015 draft picks. I attempt to explain the rookie pool and its impact on the Patriots 2015 salary cap in this blog post. Please refer to it if you have any questions.
May 3 Option exercise period ends for fifth-year option for first-rounds elections from the 2012 NFL Draft (Chandler Jones, Dont’a Hightower). To exercise the option, the club must give written notice to the player prior to May 3, 2015.
June 1 For any Patriot removed from the club’s roster or whose contract is assigned via waivers or trade on or after June 1, any unamortized signing bonus amounts for future years will be included fully in team salary at the start of the 2016 League Year. These Patriots are currently signed past the 2015 season so they would be affected by the June 1 amortization rule (Tom Brady, Jerod Mayo, Jabaal Sheard, Chimdi Chewka, Scott Chandler, Alan Branch, Travaris Cadet, Rob Gronkowski, Sebastian Vollmer, Danny Amendola, Devin McCourty, Julian Edelman, Rob Ninkovich, Brandon Lafell, Marcus Cannon, Patrick Chung, Matthew Slater, Dominique Easley, Brandon Bolden, Jamie Collins, Aaron Dobson, Jimmy Garoppolo, Logan Ryan, Duron Harmon, Bryan Stork, James White, Cameron Fleming,  Zach Moore, Cameron Gordon,  Jordan Richards, Geneo Grissom, Trey Flowers, Tre’ Jackson, Matthew Wells, A.J. Derby, Darryl Roberts and Xzavier Dickson)
June 1 Deadline for prior club to send “June 1 Tender” to its unsigned Unrestricted Free Agents. If the player has not signed a contract with a club by July 22 or the first scheduled day of the first NFL training camp, whichever is later, he may negotiate or sign a contract from that date until the Tuesday following the 10th weekend of the regular season, at 4:00 p.m., New York time, only with his prior club.
June 1 Marcus Cannon has to weigh no more than 345 pounds on June 1 in order to earn a $35,000 weight clause.
July 15 Marcus Cannon has to weigh no more than 340 pounds on July 15 in order to earn a $35,000 weight clause. Deadline to reach a long-term deal with Stephen Gostkowski,
July 22 Signing Period ends for unrestricted Free Agents to whom a “June 1 Tender” was made by prior club. After this date and until 4:00 p.m., New York time, on the Tuesday following the 10th weekend of the regular season, prior club has exclusive negotiating rights.
July 22 Signing period ends for Transition Players with outstanding tenders. After this date and until 4:00 p.m., New York time, on the Tuesday following the 10th weekend of the regular season, prior club has exclusive negotiating rights.
August 5 Deadline for players under contract to report to their clubs to earn an Accrued Season for free agency
August 5 If a drafted rookie has not signed with his club by this date, he cannot be traded to any other club in 2015, and may sign a player contract only with the drafting club until the day of the draft in the 2016 League Year.
August 13 – 7:30PM The first preseason game will have the Patriots at home playing against the Green Bay Packers
August 22 – 7:00PM The second preseason game will have the Patriots on the road playing against the New Orleans Saints
August 26 Prior to 4:00 p.m., New York time, clubs must reduce their rosters to a maximum of 75 players
August 27 All tryouts on this date and for the remainder of the season must be reported to the League
August 28 – 7:30PM The third preseason game will have the Patriots on the road playing against the Carolina Panthers
September 3 – 7:30PM The fourth preseason game will have the Patriots at home playing against the New York Giants
September 5 Prior to 6:00 p.m., New York time, clubs must reduce rosters to a maximum of 53 players on the Active/Inactive List.
September 5 Simultaneously with the cut-down to 53, clubs that have players in the categories of Active/Physically Unable to Perform or Active/Non-Football Injury or Illness must select one of the following options: place player on Reserve/Physically Unable to Perform or Reserve/Non- Football Injury or Illness, whichever is applicable; request waivers; terminate contract; trade contract; or continue to count the player on the Active List. Tom Brady and LeGarrette Blount’s suspensions begin.
September 5 Simultaneously with the cut-down to 53,Tom Brady and LeGarrette Blount’s suspensions begin.
September 6 Claiming period for players placed on waivers at the final roster reduction will expire at 12:00
September 6 Beginning at 12:00 p.m., New York time, clubs may establish a Practice Squad of ten players. A player is eligible if he does not have an accrued season of NFL experience. Players gain an accrued season by being on the active roster for at least six games. If a player has one accrued season, they can still be practice squad eligible if they were on the 46-man active game-day roster for less than nine regular season games. Under the new 2014 NFL rules, teams may sign no more than two players up to two accrued seasons. A player is deemed to have served a season on the practice squad if he remains on the practice squad for at least six weeks. Players are eligible to be on the practice squad for two seasons. Players can be eligible for a third practice squad season if their team maintains no less than 53 players on the active/inactive list at all times. The minimum salary for a practice squad player is $6,600. $6,600 * 10 * 17 = $1,122,000. Since the Patriots have typically pay some of their practice squad players more than the minimum and sometimes have less than 10 players on their practice squad, I will use $1.25 million for budgeting purposes.
September 6 Final day of preseason training camp for all clubs, as defined in CBA Article 23, Section 9.
September 8 After 4:00 p.m., New York time, a club is permitted to place a player (maximum of two) on Reserve/Injured as “Designated for Return.”
September 9 At 4:00 p.m., New York time, deadline for all NFL Player Contracts, Practice Player Contracts, tender offers, and miscellaneous amounts to
fit within each Club’s 2015 Salary Cap, in anticipation of the midnight expiration of the Top 51 Rule. The Pats will need to have $1.25 million in cap space
for their practice squad players. The Patriots will need another $870,000 in cap space to pay the salaries of players 52, and 53. The Patriots typically have a $2 to 4 million cushion to replace players placed on IR. The Patriots usually sign 1 to 2 players to extensions during the regular season taking anywhere between 1 to 2 million in cap space. Based on what happened last year the Patriots will have a $2 million cushion for NLBE incentives that are likely to be earned in 2015.

  • Vollmer’s Pro Bowl bonus – $250,000
  • Mayo’s Pro Bowl bonus – $300,000
  • Mayo’s playing-time incentive – $1,500,000
  • Vollmer’s 46-man active roster bonus – $62,500
  • Edelman’s 46-man active roster bonus – $93,750
  • Wendell’s 46-man active roster bonus – $25,000
  • Alan Branch’s 46-man active roster bonus – $200,000
  • Bradley Fletcher’s 46-man active roster bonus – $18,750
  • Alan Branch’s playing-time incentive – $750,000
  • Vollmer’s 90% playing-time incentive – $1,000,000
  • Bradley Fletcher’s playing-time incentive-$350,000
  • Ryan Wendell’s playing-time incentive-$500,000
  • Robert McClain’s playing-time incentive – $760,000

Therefore, the Patriots would probably like to enter Week 1 with about 5 to 8 million in cap space.

September 10 At 12:00 a.m., New York time, the Top 51 Rule expires for all NFL Clubs.
September 10 – 8:30PM Week 1 will have the Patriots at home playing against the Pittsburgh Steelers
September 20 – 1:00PM Week 1 will have the Patriots on the road playing against the Buffalo Bills
September 27 – 1:00PM Week 1 will have the Patriots at home playing against the Jacksonville Jaguars
September 29 Beginning on the Tuesday following the third weekend of regular season games, the claiming priority is based on the inverse order of the standing of clubs in the current season’s games.
October 4 Week 4 is the Patriots bye week.
October 11 – 4:25PM Week 5 will have the Patriots on the road playing against the Dallas Cowboys
October 18 – 8:30PM Week 6 will have the Patriots on the road playing against the Indianapolis Colts in a Sunday night game.
October 19 Beginning the day after the conclusion of the sixth regular season weekend and continuing through the day after the conclusion of the 11th regular season weekend, clubs are permitted to begin practicing players on Reserve/Physically Unable to Perform and Reserve/Non-Football Injury or Illness for a period not to exceed 21 days. Players may be activated during the 21-day practice period or prior to 4:00 p.m., New York time, on the day after the conclusion of the 21- day period.
October 25 – 1:00PM Week 7 will have the Patriots at home playing against the New York Jets
October 29 – 8:25PM Week 8 starts off with the Patriots at home playing against the Miami Dolphins in a Thursday night game
November 3 All trading ends for 2015 at 4:00 p.m., New York time.
November 3 Players with at least four previous pension-credited seasons are subject to the waiver system for the remainder of the regular season and postseason.
November 8 – 1:00PM Week 9 will have the Patriots at home playing against the Washington Redskins
November 15 – 4:25PM Week 10 will have the Patriots on the road playing against the New York Giants
November 17 At 4:00 p.m., New York time, signing period ends for Franchise Players who are eligible to receive Offer Sheets.
November 17 Prior to 4:00 p.m., New York time, deadline for clubs to sign their unsigned Franchise and Transition Players, including Franchise Players who were eligible to receive Offer Sheets until this date. If still unsigned after this date, such players are prohibited from playing in the NFL in 2015.
November 17 Prior to 4:00 p.m., New York time, deadline for clubs to sign their Unrestricted Free Agents to whom the “June 1 Tender” was made. If still unsigned after this date, such players are prohibited from playing in the NFL in 2015.
November 17 Prior to 4:00 p.m., New York time, deadline for Clubs to sign their drafted rookies. If such players remain unsigned after this date, they are prohibited from playing in NFL in 2015.
November 23 – 8:30PM Week 11 will end with the Patriots at home playing against the Buffalo Bills in a Monday night game
November 28 Deadline at 4:00 p.m., New York time, for reinstatement of players in Reserve List categories of Retired, Did Not Report, and Exclusive Rights, and of players who were placed on Reserve/Left Squad in a previous season.
November 29 – 8:30PM Week 11 will have the Patriots on the road playing against the Denver Broncos in a Sunday night game
November 29 – 8:30PM Week 12 will have the Patriots on the road playing against the Denver Broncos in a Sunday night game
December 6 – 4:25PM Week 13 will have the Patriots at home playing against the Philadelphia Eagles
December 13 – 1:00PM Week 14 will have the Patriots on the road playing against the Houston Texans
December 20 – 1:00PM Week 15 will have the Patriots at home playing against the Tennessee Titans
December 27 – 1:00PM Week 16 will have the Patriots on the road playing against the New York Jets
January 3, 2016 – 1:00PM Week 17 will have the Patriots on the road playing against the Miami Dolphins
January 4, 2016 Clubs may begin signing free agent players for the 2016 season.
January 4, 2016 Earliest permissible date for the Patriots to renegotiate or extend the rookie contract of a drafted rookie who was selected in any round of the 2013 NFL Draft (Jamie Collins,
Aaron Dobson, Logan Ryan, Duron Harmon, and Michael Buchanan). Earliest permissible date for the Patriots to renegotiate or extend the rookie contract of an undrafted rookie who was not selected in any round of the 2014 NFL Draft (Malcolm Butler). Any permissible renegotiated or extended player contract will not be considered a rookie contract, and will not be subject to the rules that limit rookie contracts.

Overview of Aaron Hernandez’s salary cap implications – updated on April 15th, 2015

Written by: Miguel Benzan
Posted April 15, 2015 at 2:15 pm

This is my attempt to explain what has happened and could happen with Aaron Hernandez’s salary cap numbers. I used reports from Ian Rapoport, Field Yates, and Joel Corry as well as my own research for my source material. Any errors in this blog are solely mine.

Quick summary – Patriots received a $1,184,000 credit on their 2015 salary cap for grievances over guaranteed salary and offseason workout bonus money. Patriots should eventually receive a $3.25 million credit from Aaron Hernandez’s signing bonus. The credit should not come from the Odin Lloyd conviction but from the expected double murder convictions (Danny Abreu and Safiro Furtado).

In late August of 2012 Aaron Hernandez signed an extension with the Patriots. His signing bonus was $12.5 million. It was scheduled to be paid out over three installments. Hernandez received $6 million in August of 2012 and $3.25 million in March of 2013. Aaron is scheduled to receive the third and final payment- $3.25 million on March 31, 2014. Hernandez’s workout bonus clauses required successful completion of at least 90% of the workouts in New England’s voluntary offseason workout program. His 2013 salary – $1.323 million – was originally guaranteed for injury only and became fully guaranteed in March of 2013 since Aaron Hernandez was on the Patriots at that time. $1.137 million of his 2014 salary which was originally guaranteed for injury only also became fully guaranteed in March of 2013. Aaron’s 2014 $500,000 offseason workout bonus also became fully guaranteed in March of 2013 since he was on the Patriots roster at that time. Most NFL contracts include a “failure to perform” or “failure to practice” clause that will make any guarantees such as a signing bonus or guaranteed salaries within the contract null and void. On June 24th Ian Rapoport reported that according to Paragraph 32(d) of Hernandez’ extension, the 2014 workout bonus became “null and void” if the player fails to report and that the sections of the contract dealing with the guaranteeing of the 2013 and 2014 salaries did not not contain a “failure to perform” or “failure to report” clauses. According to Joel Corry, a former sports agent Paragraph 35 of Hernandez’s contract contains a clause where he represents and warrants that there weren’t any existing circumstances when he signed his deal that would prevent his continuing availability throughout the contract. Joel reported on CBSSportsline.Com that “There’s another clause explicitly stating that the Patriots wouldn’t have entered into the contract except for Hernandez’s representations.

aaronhis a screenshot of Aaron Hernandez’s deal with the Patriots. You will have to double-click it to see it completely

When Aaron Hernandez was waived by the Patriots on June 26, the other hand, his 2013 cap hit went from $4,073,000 to $2,550,000 (the 2013 proration of his 2010 and 2012 signing bonuses). His 2014 cap hit increased from $4,200,000 to $7,500,000 (the unamortized portion of his 2012 $12.5 million signing bonus). There were questions over whether or not the guaranteed salaries would hit the Patriots salary cap in 2013. It turns out that they did not.

Sometime after his release Aaron Hernandez filed grievances for his 2013 and 2014 offseason workout bonuses and salaries which is why the Patriots lost over $1.1 million in cap space in late October of 2013. Per the CBA 40% of any grievance amount goes against the team’s cap until the grievance is settled or until the end of the League Year, in this case, 2013. The grievance amounts in question were the 2013 offseason workout bonus money of $82,000, 2013 salary of $1,323,000, 2014 offseason workout bonus money of $500,000, and 2013 salary of $1,137,000. Those four amounts totaled $3,042,000. 40% of $3,042,000 is $1,216,800. Jonathan Kraft is quoted as saying “You have to hit 90 percent in our contract, and Aaron didn’t hit 90 percent, in our view,”. Jonathan Kraft contended that Aaron attended 25 of 33 workouts. As Joel Corry opined – “Hernandez was recovering from shoulder surgery during the offseason which limited his participation in organized team activities and mini-camp. It may have also limited him during the workout program. Since Hernandez’s workout clause doesn’t account for supervised rehabilitation, the Patriots may contend that he didn’t fulfill his workout obligations because his shoulder surgery prevented him from successfully completing workouts. It remains to be seen whether the arbitrator would find this type of argument persuasive.”

For most of December 2013 and January 2014 the NFLPA site http://www.nflplayers.com/cap showed the Patriots were under their 2013 adjusted cap number by $4,024,801. Because of that I had expected that to be the amount that the Patriots would be rolling over into 2014. So when the Boston Globe’s Ben Volin tweeted that the Patriots are rolling over exactly $4,106,801 in cap space for 2014, I tried to figure out why would that number changed. The first thing I noticed is the difference between the two numbers is exactly Aaron Hernandez’ 2013 offseason bonus money – $82,000. I thought then that the Patriots had won the grievance over the 2013 offseason workout bonus money of $82,000. It turned out that conclusion was premature. The Boston Globe’s Ben Volin tweeted that $32,800 was counting against the Patriots 2014 cap because of an Aaron Hernandez’ grievance. 40% of $82,000 is $32,800. So it appeared that the Patriots and Hernandez were still arguing over Hernandez’s 2013 offseason workout bonus money in 2014.

While conducting research for this blog post, I looked at a couple of cases to see how long it took a team to get a cap credit for recouped money. The Patriots released Jonathan Fanene on August 21, 2012 with a “failure to disclose physical condition” designation. The Patriots filed a grievance seeking some, if not all, of the $3.85 million signing bonus Fanene received when he signed with the team March 20. The grievance hearing was held in July of 2013. On September 21, 2013 ESPNBoston.Com’s Mike Reiss reported that “The Patriots and defensive lineman Jonathan Fanene (represented by the NFL Players Association) settled their grievance within the past week, according to sources, and part of the settlement is that the Patriots won’t have to pay Fanene the final $1.35 million of his $3.85 million signing bonus… We can now officially close the book on the Patriots’ failed Fanene signing, with Fanene able to keep $2.5 million of the original signing bonus and the Patriots receiving a credit on their 2013 salary cap.” On March 13, 2014 update OvertheCap’s owner, Jason Fitzgerald, tweeted referring to the Patriots 2014 adjusted cap number that “the official number (also includes the 504k adjust and 360k of fanene is a direct credit and not in adjustment”. To sum up it took the Patriots two years to get a credit for a grievance filed in 2012. It took the Falcons five years to get a $3 million credit for Michael Vick. In August 2007 they won a grievance against Vick for around $20 million.

Let’s now take a look at four amounts involved.

The 2013 offseason workout bonus money of $82,000. I think that the Patriots won this grievance. The case for the Patriots (their contract has a strict threshold and Aaron did not meet it) is stronger than Aaron Hernandez’s (he did not meet the threshold because he was recovering from a football injury). Think that the Patriots received an unreported credit of $32,800 sometime during the 2013 season.

The 2014 offseason workout bonus money of $500,000. This was a slam dunk victory for the Patriots as there was no way Aaron could have attended the 2014 workouts. Patriots won this grievance and they received a $200,000 credit on their 2015 salary cap as part of the 2014 year-end adjustment. For more information on the credit please see this blog post from January.

The 2013 and 2014 guaranteed salaries – Even though Hernandez’s contract was missing “failure to perform” or “failure to report” clauses when it came to these salaries, Patriots won the grievance over these guaranteed salaries. The $984,000 that was charged to the 2013 cap was credited back to the Patriots in January 2015 as part of the 2014 year-end adjustment. For more information on the credit please see this blog post from January.

The $7.5 million signing bonus proration that hit the Patriots 2014 cap – I have seen some posts/tweets opining that the NFL should just simply give the Patriots a $7.5 million cap credit. I doubt that will happen. Why? Sean Taylor. Sean Taylor was a 1st round pick of the Washington Redskins who was murdered. A year after his murder he counted against the Redskins cap. If the Redskins did not get cap relief for a murdered player, cannot see the NFL giving cap relief for an alleged murderer. Given that the CBA provided the Patriots an avenue for recouping the signing bonus money (wait until start of the 2013 training camp when Aaron could not attend and he would have invoked this clause in the CBA – “Forfeitable Breach. Any player who (i) willfully fails to report, practice or play with the result that the player’s ability to fully participate and contribute to the team is substantially undermined (for example, without limitation, holding out or leaving the squad absent a showing of extreme personal hardship); or (ii) is unavailable to the team due to conduct by him that results in his incarceration; or (iii) is unavailable to the team due to a nonfootball injury that resulted from a material breach of Paragraph 3 of his NFL Player Contract; or (iv) voluntarily retires (collectively, any “Forfeitable Breach”) may be required to forfeit signing bonus, roster bonus, option bonus and/or reporting bonus, and no other Salary, for each League Year in which a Forfeitable Breach occurs (collectively, “Forfeitable Salary Allocations”), as set forth below”. As expected in my first Aaron Hernardez blog  the Patriots chose not to pay Aaron the final installment of his $12.5 million bonus that was is due him on Monday, March 31st. Aaron Hernandez’s legal team already filed a grievance anticipating this Patriots move. As we have seen with Jonathan Fanene and Michael Vick, it can take years for a team to obtain a cap credit for money recouped. Please note that the cap credit is for the actual cash recouped so if Aaron has spent most of his signing bonus money it is likely that the only credits that the Patriots may ever get is the $3.25 million signing bonus that they have withheld.

If Aaron Hernandez is convicted for crimes that occurred before July, 2012 (example – the July 16, 2012 murders of Daniel de Abreu and Safiro Furtado)  the Patriots would then be able to go after the $12.5 million signing bonus because Aaron would have then violated the clause where he represented and warranted that there weren’t any existing circumstances when he signed his deal that would prevent his continuing availability throughout the contract and the clause that explicitly states that the Patriots wouldn’t have entered into the contract except for Hernandez’s representations. Once again, I have to note that any cap credit is for the actual cash recouped so if Aaron has spent most of his signing bonus money on lawyer fees or to settle civil cases against him it is likely that the only credits that the Patriots may ever get is the $3.25 million signing bonus that they withheld in March, 2014

Trying to anticipate questions that the blog post may cause:
Question: How much have the Patriots paid Aaron Hernandez? Answer: Aaron Hernandez has been paid in cash $11,260,000 from the Patriots.

  • $620,000 in 2010
  • $670,000 in 2011
  • $6,740,000 in 2012
  • $3,000,000 in 2013 (Hernandez received a $3 million installment of his signing bonus in March 2013).

Question: Will the Odin Lloyd conviction lead to salary cap relief for the New England Patriots? Answer: I think not. The murder occurred after he signed his extension. Therefore, the clause where Aaron Hernandez represented and warranted that there weren’t any existing circumstances when he signed his deal that would prevent his continuing availability throughout the contract and the clause that explicitly states that the Patriots wouldn’t have entered into the contract except for Hernandez’s representations are not applicable.

Question: How much cap space has Aaron Hernandez taken? Answer: Aaron Hernandez has taken up $13,292,000 in cap space.

  • $436,000 in 2010
  • $700,000 in 2011
  • $3,290,000 in 2012
  • $2,550,000 in 2013
  • $7,500,000 in 2014
  • $1,184,000 credit in 2015

Footnotes – Joel Corry’s reporting on Aaron Hernandez’s salary cap implications at the National Football Post

Breaking down Alan Branch’s contract with the Super Bowl Champions New England Patriots

Written by: Miguel Benzan
Posted March 16, 2015 at 9:40 pm

On March 16, 2015 Aaron Wilson tweeted that
“Alan Branch has up to $750,000 playtime incentives each year, up to $400,000 weight bonus each year”
“Alan Branch $25K per game roster bonus 2015, $400,000 roster bonus first day of 2016 league year, $25K per game 2016 roster bonus”
“Alan Branch two-year Patriots deal, $4.3M, $700K bonus, salaries $1.2M, $1.2M, 2016 option year to be exercised by end of 2015 league yr”

Let’s take a look at the salary cap consequences of each tweet.

  • Since Alan Branch played in only 14% of the Patriots defensive snaps in 2014, it is very likely that his trigger level is above 14%. I define a trigger level as the condition needed to earn the incentive. In Alan Branch’s case I mean the percentage of defensive snaps needed to earn his playing-time incentive. Could be 20%, 30%, 40%, or  75%. Do not know. We will have to wait for his final contract details to come in.
  • Alan Branch’s $400,000 weight bonus is considered LTBE (Likely to Be Earned) and therefore counts against the 2015 cap. Quoting the CBA – “Any incentive within the sole control of the player (e.g., non-guaranteed reporting bonuses, offseason workout and weight bonuses) shall be deemed “likely to be earned”.
  • Since Alan played in 8 games in 2014, his $25,000 46-man active roster bonus will be considered LTBE for 8 games and NLTBE for 8 games. $25,000 times 8 = $200,000. In 2016 his 46-man active roster bonus will be reevaluated based on how many games he plays in 2015. If Alan Branch plays in all 16 games, the value of his 46-man roster bonus will go from $200,000 in $2015 to $400,000 in 2016. Please note that as Alan Branch plays in more games in 2015 than he did in 2014, the Patriots will lose $25,000 in cap space the following Tuesday. From CBA – “(xix) Any incentive bonus that is stated in terms of a per play or per game occurrence automatically will be deemed “likely to be earned” to the extent the specified performance was achieved by the player (if an individual incentive) or by the team (if a team incentive) in the previous year….(xxi) Any portion of an incentive bonus that is earned, but which had not been deemed likely to be earned, will be deemed earned at the end of the season and not immediately upon attainment of the required performance level, except: (1) as provided in Subsection (xix) above in regards to per play or per game occurrences;”
  • The 2016 $400,000 roster bonus will be considered LTBE because the trigger date is in the preseason. Once again, quoting CBA – “Preseason roster bonuses are automatically deemed “likely to be earned.”
  • The $700,000 signing bonus will be prorated over two years, $350,000 per year. Note that signing bonuses can only be prorated for a maximum of 5 years, even if the contract is for a longer term.
  • If the Patriots do pick up Alan Branch’s 2016 option, he is due a $400,000 roster bonus the 1st day of the 2016 League Year. If the Patriots do not pick up Alan Branch’s 2016 option, he will become eligible to be included in the 2017 compensatory pick calculations.
  • A player’s salary cap number is the total of
    1. his salary
    2. signing bonus proration, if any
    3. any LTBE incentives
Alan Branch’s deal
Year Salary Prorated Bonus Roster Weight Cap No Dead Money Cap Savings Cash Total Cash
2015 $1.2m 350K 200K 400K 2.15m 700K 815K $2.5m $2.5m
2016 $1.2m 350K 600K 400K 2.55m 350K 1.675m $2.2m $4.7m

The 2015 cap savings presumes a release after June 1st while the 2016 cap savings presumes that the Patriots do not pick up his 2016 option.
How do we get to the reported maximum of $6.6 million.
Add $4.7 million from above table to
$1.5 million in playing-times incentives to
$400,000 in NLTBE 46-man active roster bonuses.

The below table shows the impact on Alan Branch’s 2016 cap number if he plays in all 16 games in 2015 and also earns all of his $750,000 playing-time incentive.

Alan Branch’s deal
Year Salary Prorated Bonus Roster Weight Playing-Time Incentive Cap No Dead Money Cap Savings Cash Total Cash
2015 $1.2m 350K 200K 400K 2.15m 700K 815K $2.5m $2.5m
2016 $1.2m 350K 800K 400K 750K 3.5m 350K 2.625m $3.15m $5.65m

Please follow me on twitter – @patscap.

Attempting to make sense of the Darrelle Revis departure from the Super Bowl Champs Patriots

Written by: Miguel Benzan
Posted March 11, 2015 at 10:39 am

Like most of Patriots nation I was surprised when I heard that Darrelle Revis signed with the New York Jets within the first few hours of free agency on March 10th. None of us are privy to the negotiations that occurred between Darrelle Revis and the Patriots. The purpose of this blog post is to provide some background and to hopefully provide an educated guess at what happened.

Background information:

Darrelle Revis will be 30 years old when the 2015 season starts. Revis has been selected to six Pro Bowl (2008, 2009, 2010, 2011, 2013, and 2014) and has earned four first-team All Pro honors (2009, 2010, 2011 and 2014). Revis was named AFC Defensive Player of the Year in 2009 after finishing the year with 72 total tackles and six interceptions.

When Darrelle Revis signed with the Patriots on March 12, it was widely reported to be an one-year $12 million deal. On March 13 ESPNBoston.Com’s Mike Reiss reported that “An important wrinkle has been learned about the contract Darrelle Revis has agreed to with the Patriots. It has widely been reported as a one-year, $12 million deal, which is accurate. Revis will earn $12 million this season. But for salary-cap accounting purposes, and to protect Revis from being assigned the franchise tag in 2015, the sides have added a second year to the pact in 2015 that would pay Revis $20 million and count $25 million against the salary cap. The $20 million is an astronomical figure, as is the $25 million cap charge. That makes it unlikely the Patriots would pay it, thus making Revis an unrestricted free agent in 2015 or one of the highest-paid players in football. The second year helps the Patriots spread out the salary-cap charges for Revis over two seasons instead of taking one $12 million salary-cap hit in 2014. Revis’ cap charge for 2014 is now $7 million.”

Joel Corry tweeted that “the installments of Revis’ $12 million roster bonus if option picked up are $3M on 3/31, $3M on 10/31, $3M on 12/31 & $3M on 3/31/16.” Once the first payment is made the Patriots can not convert the $12 million roster bonus into a signing bonus. In effect, Patriots had two Revis-related deadlines (4PM March 9th to pick up option, 4PM March 31st to convert roster bonus into signing bonus)

No matter what (Revis signed extension with Patriots, option not picked up, Revis traded by Patriots to another, Revis played the 2015 season for Patiots with $25 million cap number), the $5 million proration of Revis’ 2014 $10 million signing bonus would have been on the Patriots 2015 cap. Teams cannot further prorate existing signing bonus proration. The 2015 signing bonus proration is a sunk cost of winning the Super Bowl. It was money well spent.

Hopefully, that’s enough background. Let’s look at some financial comparables. Richard Sherman is almost 3 years younger than Revis. Sherman’s contract contains $40 million in guarantees. His 2014 salary is fully guaranteed. His 2015 salary will become fully guaranteed five days after the Super Bowl. All of his 2016 salary and 5 million of his 2017 salary will become fully guaranteed five days after the 2016 Super Bowl. Richard Sherman has been selected to the AP All-Pro team for 3 straight years and to the Pro Bowl two straight years.

Richard Sherman – $11m signing bonus
Year Base Salary Prorated Bonus Cap Number Dead Money Cap Savings Cash Received Total Cash Received
2014 $1.431m $2,245,606 $3,676,606 $3,245,606 in 2014;$8,800,000 in 2015 0 $12,431,000 $12,431,000
2015 $10m $2.2m $12.2m $8.8m $3.4m $10m $22.431m
2016 $12.569m $2.2m $14.469m $6.6m $8.169m $12.569m $35m
2017 $11.431m $2.2m $13.631m $4.4m $9.231m $11.431m $46.431m
2018 $11m $2.2m $13m $2.2m $10.8m $11m $57.431m

Joe Haden is almost 4 years younger than Revis. Haden received over $45 million in guarantees, the most ever received by a cornerback. His 2014, 2015, and 2016 salaries are guaranteed. 4 million of his 2017 salary is guaranteed. Haden has a $100,000 incentive for making it to the Pro Bowl.

Joe Haden – $16m signing bonus
Year Salary Signing Bonus Pro Bowl Workout Cap No Dead Money Cap Savings Cash Total Cash
2014 $6,678,193 $5,149,702 $100,000 $200,000 $12,127,895 $45,078,193 ($32,950,298) $22,978,193 $22,978,193
2015 $8.3m $3.2m $100,000 $100,000 $11.7m $35.2m ($23.5m) $8.5m $31,478,193
2016 $10.1m $3.2m $100,000 $100,000 $13.5m $23.7m $(10.2m) $10.3m $41,778,193
2017 $11.1m $3.2m $100,000 $100,000 $14.5m $10.4m $4.1m $11.3m $53,078,193
2018 $11.1m $3.2m $100,000 $100,000 $14.5m $6.4m $8.1m $11.3m $64,378,193
2019 $10.4m $0 $100,000 $100,000 $10.6m $0 $10.6m $10.6m $74,978,193

Patrick Peterson is almost 5 years younger than Revis. Peterson, like Richard Sherman, was named to the first All-Pro team in 2013. Peterson’s 2014 salary is fully guaranteed. His 2015 and 2016 salary are guaranteed for injury now and will become fully guaranteed the 5th day of that year’s waiver period.

Patrick Peterson – $15,361,866 signing bonus
Year Base Salary Prorated Bonus Reporting Workout Cap Number Dead Money Cap Savings Cash Total Cash
2014 $889,114 $6,048,195 $0 $0 $6,937,309 $6,937,309 in 2014, $12,289,509 in 2015 $0 $16.25m $16.25m
2015 $11.619m $3,072,377 $0 $250,000 $14,941,377 $23,908,509 ($8,967,132) $11.869m $28.12m
2016 $9.75m $3,072,377 $0 $250,000 $13,072,377 $18,967,132 ($5,894,754) $10m $38.12m
2017 $9.75m $3,072,377 $0 $250,000 $13,072,377 $15,894,754 ($2,822,377) $10m $48.12m
2018 $11m $3,072,377 $0 $250,000 $14,322,377 $3,072,377 $11.25m $11.25m $59.37m
2019 $11m $0 $0 $250,000 $11.25m $0 $11.25m $11.25m $70.62m
2020 $12.05m $0 $250,000 $250,000 $12.55m $0 $12.55m $12.55m $83.17m

Summing up the above 3 deals in terms of fully guaranteed money received upon signing deal
Joe Haden-$22,078,193
Patrick Peterson-$16.25M
Richard Sherman-$14.231M

Summing up the above 3 deals in terms of cash received during the first 3 years
Joe Haden-$41,478,193
Patrick Peterson-$37,969,114
Richard Sherman-$35M

It seemed reasonable to venture that a Revis extension in the $13 to $15 million per year average range would have been fair for both sides and would recognize that Revis, while he may be better than Sherman, Haden, and Peterson, is also older than the aforementioned trio.

In my blog post that looked at Revis’s comparables and proposed several deals for him my preferred deal averaged 14.1 million per year in new money over the four extended years. That 14.1M APY would have given Revis highest APY for a cornerback and more cash in Years 1, 2 and 3 than any other cornerback in NFL history. The 2015 salary would be fully guaranteed. His 2016 salary would have been guaranteed for injury now and became fully guaranteed the 5th day after the 2016 Super Bowl. $4.5 million of his 2017 salary would have become fully guaranteed if Revis is on the 53-man roster on the last day of the 2016 regular season.

Darrelle Revis – 14.1M APY $22M signing bonus (My Preferred Deal)
Year Salary Prorated Bonus Roster Cap No Dead Money Cap Savings Cash Total Cash
2014 $1.5m $5m $500,000 $7m $12m $12m
2015 $4m $10.5m $500,000 $15m $26m ($11m) $26.5m $38.5m
2016 $9.5m $5.5m $500,000 $15.5m $26m ($10.5m) $10m $48.5m
2017 $9.5m $5.5m $500,000 $15.5m $15.5m $0 $10m $58.5m
2018 $9.5m $5.5m $500,000 $15.5m $5.5m $10m $10m $68.5m

This next deal is what has been reported about Revis’ deal with the Jets.

Darrelle Revis’s deal with the Jets
Year Salary Prorated Bonus Roster Cap No Dead Money Cap Savings Cash Total Cash
2015 $16m $0 $0 $16m $39m ($23m) $16m $16m
2016 $17m $0 $0 $17 $23m ($6m) $17m $33m
2017 $13m $0 $2m $15m $6 $9m $15m $48m
2018 $11m $0 $0 $11m $0 $11m $11m $59m
2019 $11m $0 $0 $11m $0 $11m $11m $70m

Comparing my preferred deal to what Revis got

Component Preferred Deal Jets
Fully Guaranteed Money 26m 39m
Total Guarantees 40m 39m
Signing Bonus 22m 0m
Term 4 years 5 years
2015 cap number 15m 16m
APY 14.1m 14m
Cash 46.5m 48m

As you can see from above my preferred deal was close to what Revis got except in the structure. The Jets used a pay as you go feature where what Revis received in cash equals his cap number. The Jets were able to use the two advantages that they had over the Patriots in their construction of the deal. The Jets adjusted cap number is $156,149,394 while the Patriots is $144,578,084. Literally, the Jets could use $11,571,310 more cap space on Revis and build the rest of the 53-man roster than could the Patriots. $16 million takes up smaller percentage of $156 million than it does $144.5 million. Second advantage that the Jets had is that they have more cap space.

The question I am struggling is why would Revis prefer a pay as you go structure from the Jets over a signing bonus structure from the Patriots. With a signing bonus he gets most of the money up-front. Please note that the Patriots often pay their large signing bonus in installments. In a pay as you go structure Revis has to wait until September to first receive any money. That is, unless the Jets agreed to deviate from the usual payment plan of 17 paychecks during the regular season. Six months of interest on $20 million is pretty significant.

I am also puzzled why Revis would prefer the pay as you go structure of the Jets over a signing bonus from the Patriots. The Jets can get out of the deal and save cap space by releasing Revis before the start of the 2017 League Year. The Patriots can get out of  my preferred Revis deal and save cap space on June 2, 2017. By that time a replacement will not be available in free agency.

The Patriots could have done what they did with McCourty (fully guaranteed the 2015 and 2016 salaries and have the 2017 season eventually become fully guaranteed). This would have bumped his fully guaranteed money at time of signing to $35.5 million.

Should the Patriots have matched the Jets structure? No, it would have meant a $21 million cap number for Revis  ($16 million salary and $5 million signing bonus proration) in 2015. I currently have the Patriots under the cap by $13,611,603. Matching the Jets offer would have caused the Patriots to quickly create $2.4 million in cap space. As I show in this blog, the Patriots could have done so but it is not wise to make business decisions under pressure.

 

Trying to anticipate questions that the blog post may cause:
1.) Question: Has any team won a Super Bowl with a player taking up a percentage as large as Revis’ if he played with a $21 million cap number? Answer: No.
2.) Question: If Revis played at a $21 million cap number in 2015 how much it would have cost to tag him in 2016? Answer: 120% of $21 million, or $25,200,000.
3.) Question: Are you surprised at what happened? Answer: Extremely so. I always thought that as long as Revis was willing to be paid in the neighborhood of the top cornerbacks ($12 to $14M APY) rather than the top defenders ($16M to $19M APY) a deal would get done.
4.) Question: Does the Revis  departure prove that the Patriots are cheap? Answer: Only if you believe that looking at a small sample of data is fair. Haters are going to hate. They were silent in 2012 when the Patriots was among the leaders in cash spending.
5.) Question: Will Revis count as a compensatory pick.Answer:Yes.  In Feb 2008 Pats declined option on Donte Stallworth. He signed FA deal with the Cleveland Browns on 3/1/2008. Pats got 2009 5th round compensatory pick that turned out to be George Bussey. So there is that precedent. Also, Darrelle Revis’ name is listed among the 2015 UFAs in the NFL’s free agency press release. Compensatory picks are meant to help compensate a team for its lost free agents.
6.) Question: If the Patriots had reached an extension with Darrelle, could they have prorated the existing $5 million signing bonus proration.Answer:No
7.) Question: Why do you think that the Patriots and Revis could not reach a deal? Answer: He wanted to return to New York and only by receiving a much better offer that would not happen. It seems strange to me that in a passing league very few teams entered into his bidding. 4:45PM update Am now hearing that Revis was asking for $16M from the Patriots. He signed with the Jets for $14M APY.
8.) Question: Your report of $13.6 million in cap space even after Revis departure seems low. Please explain. Answer: Saved the best question for last. Hopefully, I am up to the task:)

  1. The big leaps: Four contracts had huge salary-cap increases in 2015 — left tackle Nate Solder, right tackle Sebastian Vollmer and tight end Rob Gronkowski. Solder’s cap cost went $2,717,429 to $7,438,000. Vollmer’s cap cost went from $3,750,000 in 2014 to $7,020,833. Gronk’s cap cost went from $5,400,000 in 2014 to $8,650,000 in 2015.
  2. Smaller bounces: The other cap jumps in 2015 were more modest. Vince Wilfork, Danny Amendola, Kyle Arrington, Rob Ninkovich,  and Julian Edelman are all scheduled for increases between $1 million and $3 million. Dennard’s cap number increased by $972,000. Chung’s increased by $945,000. Cannon’s increased by over $800,000. Blount’s increased by over $600,000. No one else on the roster is scheduled to go up by more than $500,000
  3. Reached incentives in 2014 – A major reason for the first two reasons is that some players reached NLTBE (Not Likely To Be Earned) incentives in 2015 making them LTBE for 2015. Examples, Lafell’s receptions incentive now counts $300,000 against the 2015 cap. Edelman’s receptions incentives now counts $500,000. Wilfork’s playing-time incentive now counts $500,000. Vollmer’s playing-time incentive now counts $750,000. Wendell’s playing-time incentive now counts $850,000. In total, there are $3.5 million in LTBE incentives counting against the 2015 cap. There were $1.25 million in 2014.
  4. Reached incentives in 2014 (Part 2) – Patriots like to include 46-man active roster bonuses in their contracts. The amount that counts against the cap is dependent on the games that the Patriot played in the prior season. Amendola, Wilfork, Chung, and Hoomanawanui all played in more games in 2014 than they did in 2013. Their 46-man active roster bonuses are now counting against the cap for all 16 games.
  5. Players not signed past the 2015 season with large cap numbers – Nate Solder and Stephen Gostkowski.

Explaining the 89% cash spending floor’s impact on Super Bowl Champs Patriots

Written by: Miguel Benzan
Posted March 3, 2015 at 10:36 pm

On February 17 USAToday.Com’s Tom Pelissero reported that “According to numbers compiled last week by the NFL Players Association, nearly one-third of the league’s clubs are below the minimum cash spending floor for the four-year window from 2013 to ’16”. Pelissero’s report named the Super Bowl Champions New England Patriots as one of those teams. On the 18th of February Boston.Com based a story on the USAToday’s report. That story has a very misleading headline – “Patriots Have Far More Salary Cap Room Than You Think”. The Boston.Com story understandably has caused confusion among Patriots fans since the Patriots were at the time of story were over the 2015 projected cap and as of March 3rd over $12 million over their adjusted cap number. In late February the NFLPA emailed the media a detailed report that showed that the New England Patriots spent 82.68 percent of the cap in cash over the last two years.

Year Cash  League Cap Percentage
2013 $99,394,571 $123,000,000 80.81%
2014 $112,263,177 $133,000,000 84.41%
Totals $211,657,748 $256,000,000 82.68%

The NFLPA report in late February led to several stories that contained misinformation. I am hoping that this second rendition does a better job of clarifying the facts than did the first version of this blog.

Background – In the new CBA (Article 12, Section 9) there is a Minimum Cash Requirement – “For each of the following four-League Year periods, 2013–2016 and 2017–2020, there shall be a guaranteed Minimum Team Cash Spending of 89% of the Salary Caps for such periods (e.g., if the Salary Caps for the 2013–16 and 2017–2020 are $100, 120, 130, and 150 million, respectively, each Club shall have a Minimum Team Cash Spending for that period of $445 million (89% of $500 million)). Cash Spending is defined as:

  1. Salary
  2. Signing bonuses (in one story it was contended that signing bonus installments count against the year that they are paid in).  The CBA states “Cash Spending in a League Year shall consist of the sum of…”signing bonus amounts earned or paid or committed to be paid to players (including amounts treated as signing bonus) without regard to proration”. Because of this Brady’s $30 million signing bonus counts as 2012 cash even though it was paid in 4 installments. The first installment was paid to Tom Brady during the 2012 League Year. Brady’s $30 million signing bonus for the purposes of cap was prorated over 5 years (2013/2014/2015/2016/2017) but for cash purposes counts against the 2012 League Year.
  3. Incentives
  4. Roster bonuses
  5. Reporting bonuses
  6. Offseason workout bonuses
  7. Weight bonuses
  8. Grievances settled and grievance awards
  9. Injury settlements
  10. Paragraph 5 Salary advances

Per the CBA – “Any shortfall in the League-Wide Cash Spending at the end of a period in which it applies (e.g., at the end of the 2011, 2012, 2016 or 2020 League Years) shall be paid on or before the first September 15 after the end of such League Year directly to the players who were on a Club roster at any time during the season(s), pursuant to reasonable allocation instructions of the NFLPA.

The League Cap was $123 million and $133 million in 2013 and in 2014  respectively. On March 2nd the 2015 League Cap was announced to be $143,280,000. Let’s say that the 2016 League is $153,720 million. As you can see in the below table the total for the 4 years (2013-2016) would then be $552,000,000. 89% of the $552,000,000 total is $491,280,000. The Patriots have already spent $$211,657,748. In order to reach the $491,280,000 total the Patriots would have to spend in cash $279,622,252 ($491,280,000 minus $211,657,748) before the end of the 2016 League Year which will take place sometime in early March of 2016. That $279.6 million figure would be close to $68 million more than the Pats spent in cash in 2013/2014. The $279,622,252 cash spending is 94.47% of the 2015 cap ($143.28 million) and the projected 2016 cap of ($153.72 million).

Year Cap 89%
2013 $123,000,000 $109,470,000
2014 $133,000,000 $118,370,000
2015 $143,280,000 $127,519,200
2016 $153,720,000 $136,810,800
Totals $553,000,000 $492,170,000

As noted above the 2015 League Cap is $143.28 million. The 2015 Patriots adjusted cap number is $144,578,554 (League Cap of $143.28 million plus prior year carryover of $5,258,054 plus $1.184 million Aaron Hernandez salary grievance credit minus LTBE/NLBE adjustment of (-$5,143,970). After projecting that the Patriots will tender their 5 ERFAs (James Develin, Sealver Siliga, Brian Tyms, James Morris, and Greg Orton) I have the Patriots total cap commitments as $156,579,147.

$156,579,147 minus $144,578,554 equals $12,000,063 overage. You can see my numbers at http://www.patscap.com. How do I reconcile my $12 million overage with “Patriots Have Far More Salary Cap Room Than You Think”? The article does not support the headline. The article seems to equate the fact that the Patriots can spend a great deal of cash in 2015/2016 as having more salary cap room. Let’s say that the Patriots had reached the 89% cash spending limit for the 2013/2014 years. There is nothing in the CBA that would prevent them from spending more than 100% of the cap in 2015/2016.

The article claims “But the money is there” but does not say where the money is coming from or how the money being there equates to having more salary cap room. The article also claims that the New England’s current 2015 cap hit of $155.4 million leaves it with plenty of room for 2016 but does not explain how. The article total of $155.4 million is not taking into account the Top 51 rule which only includes the salaries of the players with the 51st highest cap numbers.

The author opines “the underlying fact here is that there is money on the table for Revis, McCourty, Wilfork, Gostkowski and who[m]ever else the Patriots choose to keep.” That is his opinion that he fails to make a strong case with. For example, Malcolm Butler was paid $420,000, not $460,000 last year. See Page 146 of the CBA for a listing of a player’s minimum salaries. He claims that “in a perfect Belichickian world, every player would make a Super Bowl-winning play while earning the league minimum” while ignoring that the Patriots history of paying top players top money for their position (Milloy, Mankins, Adam, Gostkowski, Brady, Mayo, Paxton, Koppen, Moss, Adalius Thomas, etc.). His claim that “the [Patriots] don’t want to spend the money” is simply not supported by the facts. As you can see in this article by ESPNBoston.Com’s Mike Reiss the Patriots spent more than 100% of the cap in cash for 2 straight years (2011,2012)

Year Cap Patriots Cash Spending
2011 $120,000,000 $130,000,000
2012 $120,600,000 $168,000,000
Totals $240,600,000 $298,000,000

According to the author – “The Patriots can afford to keep Wilfork and his current deal in force, paying him $8.9 million next season. The question is: Do they want to pay him that much?. I simply do not accept his premise. First of all, Wilfork is not due $8.9 million in cash. He is due $8.5 million in cash as long as he reaches all of his incentives. His cap number is $8.9 million. The question is not whether the Patriots want to pay Wilfork $8.5 million in cash. The question is whether Wilfork is worth a $8.9 million cap hit in 2015.

The Patriots will indeed have to spend a great deal of cash the next two years to meet the 89% cash spending floor but I see no reason to completely change the Patriots way. The Patriots can reach the 89% cash spending floor by spending the money on their core players while front-loading cash payments into the 2015/2016 years. Here’s one example. Instead of having Revis play the 2015 season at his $25 million cap hit while paying him $20 million in cash, reach a long term deal with him paying him $26.5 million in cash while lowering his cap number from $25 million to $15 million.

Some stories about the 89% cash spending floor contend that since the Patriots have to spend more than 89% the rest of the way that it gives the Patriots an advantage over those who have spent over 89%. There are several holes in this theory:

  1. The 2014 League Year has not ended. Any deals made with players before 4PM, March 9th will count against 2014 spending.
  2. Some teams have adopted a pay as you go feature where the player’s cash number is their cap number because team did not give them a signing bonus which would be prorated over the life of the contract but instead a roster bonus which is not prorated. These teams have no reason to lower their cash spending as the structure of their contracts leaves very little dead money on the cap.
  3. The CBA states “Nothing contained herein shall preclude a Team from having Cash Spending in excess of the Minimum Team Cash Spending, provided that the Team complies with the accounting rules of the Salary Cap set forth in Article 13″. In other words, there is no cash ceiling. With no cash ceiling, teams can spend in cash over 89% each year without penalty. Teams that spend more than the Patriots can continue to spend more or as much as the Patriots.

Trying to anticipate questions that the blog post may cause:
1.) Question:How can the Patriots get under the 2015 cap? Answer: See this blog post for my listing of ways.
2.) Question: How much cash do the Patriots have committed to the 2015 season? Answer: According to my numbers, $132,046,526 (92% of the 2015 cap). ( Of course, this number will be fluid throughout the year as the Patriots sign/cut players. For example, my numbers do not yet include the 2015 draft class.
3.) Question: What can the Patriots do to reach the 89% cash spending floor? Answer: Give more players signing bonuses. Give out larger signing bonuses. Draft up in the draft (higher draft picks have larger signing bonuses). Reach extensions with Solder, Chandler Jones and Hightower rather than have them play the fifth-year seasons at their option amounts. Give Brady a signing bonus in either 2015 or in 2016. Reach extensions with Jamie Collins, Bryan Stork, Sealver Siliga, Ryan Allen, or Malcolm Butler before the end of the 2016 League Year.
4.) Question:Does the 82.68% cash prove that the Patriots are cheap? Answer: Only if you believe that looking at a small sample of data is fair. Haters are going to hate. They were silent in 2012 when the Patriots was among the leaders in cash spending.
5.) Question: Please reconcile the 82.68% cash spending percentage with the $12 million cap overage. Answer: Saved the best question for last. Hopefully, I am up to the task:)

  1. Cash is not cap. As I showed above with Tom Brady, the proration of signing bonus amounts creates a disconnect between cash and cap. Here’s another example. Logan Mankins will count $4 million against the 2015 cap. His cash amount will be zero.
  2. The big leaps: Five contracts had huge salary-cap increases in 2015 — cornerback Darrelle Revis, left tackle Nate Solder, right tackle Sebastian Vollmer and tight end Rob Gronkowski. Revis’ cap cost went from $7 million this year to $25 million. Solder’s cap cost went $2,717,429 to $7,438,000. Vollmer’s cap cost went from $3,750,000 in 2014 to $7,020,833. Gronk’s cap cost went from $5,400,000 in 2014 to $8,650,000 in 2015.
  3. Smaller bounces: The other cap jumps in 2015 were more modest. Vince Wilfork, Danny Amendola, Kyle Arrington, Rob Ninkovich, Julian Edelman and Brandon Browner are all scheduled for increases between $1 million and $3 million. Dennard’s cap number increased by $972,000. Chung’s increased by $945,000. Cannon’s increased by over $800,000. Blount’s increased by over $600,000. No one else on the roster is scheduled to go up by more than $500,000
  4. Reached incentives in 2014 – A major reason for the first two reasons is that some players reached NLTBE (Not Likely To Be Earned) incentives in 2015 making them LTBE for 2015. Examples, Lafell’s receptions incentive now counts $300,000 against the 2015 cap. Edelman’s receptions incentives now counts $500,000. Wilfork’s playing-time incentive now counts $500,000. Vollmer’s playing-time incentive now counts $750,000. Wendell’s playing-time incentive now counts $850,000. In total, there are $3.5 million in LTBE incentives counting against the 2015 cap. There were $1.25 million in 2014.
  5. Reached incentives in 2014 (Part 2) – Patriots like to include 46-man active roster bonuses in their contracts. The amount that counts against the cap is dependent on the games that the Patriot played in the prior season. Amendola, Wilfork, Chung, and Hoomanawanui all played in more games in 2014 than they did in 2013. Their 46-man active roster bonuses are now counting against the cap for all 16 games.
  6. Players not signed past the 2015 season with large cap numbers. If the Patriots and Darrelle Revis can agree to a long-term deal that included a large signing bonus. They could lower his 2015 cap number significantly ($10 to $12 million) while also increasing his 2015 cash total from $20 million. Ditto for Nate Solder and Stephen Gostkowski. I blog about possible Darrelle Revis’s contracts in this blog post

Sources: CBA:

Patriots recently received a $1,184,000 salary cap credit for Aaron Hernandez

Written by: Miguel Benzan
Posted January 17, 2015 at 1:10 pm

In this blog I will try to explain the significance of the recent salary cap credit that the Patriots received in regards to Aaron Hernandez.

At the end of the 2014 season the Patriots ended with $5,258,054 in cap space so that was the number I expected the NFLPA public salary-cap report to report as the Patriots Previous Year CarryOver Amount.
January 17 NFLPA salary cap report.

When I saw that the actual carryover amount was $6,442,054, a difference of $1,184,000. I immediately thought of Aaron Hernandez’s grievances with the Patriots. I go into great detail in this blog post so I am going to just provide a brief summary here. Aaron Hernandez filed a grievance about his 2013 guaranteed salary of $1,323,000, his 2014 guaranteed salary of $1,137,000 and his 2014 guaranteed offseason workout bonus money of $500,000. $1,323,000 + $1,137,000 +$500,000 = $2,960,000. 40% of that amount or $1,184,000 came off the Patriots 2013 cap in late October. 40% of the total grievance amount hits the team cap when the grievance is filed. I tweeted several Patriots beat writers on January 17 – “suspect Pats carryover amount of $6,442,054 includes Hernandez grievance credit. Can U check into that?. Joel Corry, a former sports agent and a must-follow at @CorryJoel if you wish to expand your salary cap knowledge, saw my tweet and then sent me a direct message – “FYl, the Patriots got a $1.184M cap credit for a Hernandez grievance settlement.

What does this mean for the Patriots going forward? It could mean more cap space for the Patriots since an increased prior-year carryover amount will increase the Patriots 2015 adjusted cap number. A team’s adjusted cap number consists of 3 components
1.) Prior Year Carryover
2.) League Cap
3.) LTBE/NLTBE incentives adjustment (LTBE=Likely to be Earned).

Let’s presume that the league 2015 cap will be $143 million and the Patriots LTBE/NLTBE adjustment will be a negative $4,562,500. See this blog post about incentives for more background on the negative $4,562,500 number

Before the Hernandez credit the Patriots 2015 adjusted cap number would be $142,695,554.
1.) Prior Year Carryover of $5,258,054
2.) League Cap of $143,000,000
3.) LTBE/NLTBE incentives adjustment of (-$4,562,500)
=======================================================
$143,695,554

After the Hernandez credit the Patriots 2015 adjusted cap number would be $143,879,554
1.) Prior Year Carryover of $5,258,054
2.) League Cap of $143,000,000
3.) LTBE/NLTBE incentives adjustment of (-$4,562,500)
4.) Hernandez salary grievance credit of $1,184,000
=======================================================
$144,879,554

Please note that we will NOT know if the Patriots won the grievance until it is announced or until the details of the 2015 adjusted cap numbers are provided. Last year around this time I thought that the Patriots had won the grievance over the 2013 offseason workout bonus money of $82,000. It turns out that conclusion was premature. Found out late that the Boston Globe’s Ben Volin tweeted that $32,800 was counting against the Patriots 2014 cap because of an Aaron Hernandez’ grievance. 40% of $82,000 is $32,800. Given the passage of time I do not think that I am repeating my 2014 mistake. That is, I am confident that the Patriots recently defeated Aaron Hernandez in the grievance over the “guaranteed” amounts in his contract.

Trying to anticipate the questions this blog post will create

  1. Question:How much cap space did Aaron Hernandez take up in 2014?Answer:$7,532,800
  2. Question:How much cap space will Aaron Hernandez take up in 2015?Answer:As of January 17th, none
  3. Question:What about the $3.25 million signing bonus money that was withheld by the Patriots?Answer: That is a separate grievance

Comparing New England Patriots Cap spending versus the other 31 NFL Teams

Written by: Miguel Benzan
Posted June 21, 2015 at 3:09 pm

Now that the Patriots are now on their summer hiatus, figured it would be a good time to compare the Patriots’ cap spending at each position and compare that against the other 31 NFL teams. Did the same comparison last year. Saw a better format at http://texanscap.com/2015/06/10/texans-cap-spending-vs-nfl-teams/ so I am going to use it as a template for this blog. A tip of the hat to Troy Chapman, the driving force between texanscap.com. I would like to also thank Jason at OverTheCap.com for providing the positional spending for the other 31 NFL teams.

Quarterback (3)

Cap Spending
Patriots $15,456,795
Average $13,414,900
High $28,193,292
Low $3,351,279

The Patriots rank 15st in cap spending at the quarterback position; compared to the Saints at number 1 and the Titans at number 32.

Running Back (8 includes James Develin as fullback)

Cap Spending
Patriots $5,576,772
Average $6,964,286
High $18,528,750
Low $1,879,939
The Patriots rank 18th in cap spending at the running back position. The Vikings are number 1, and the Titans are number 32.

Wide Receiver (10 includes Matthew Slater)

Cap Spending
Patriots $16,649,592
Average $15,710,428
High $31,129,982
Low $8,268,455
The Patriots rank 10th in cap spending at the wide receiver position. The Lions (Calvin Johnson) are number 1 and the Chiefs are number 32.

Tight End (6)

Cap Spending
Patriots $13,936,013
Average $7,687,912
High $16,975,774
Low $2,441,413
Because of Gronk the Texans rank 4th in cap spending at the tight end position. The Rams are number 1, and the Giants are number 32.

Offensive Line (14)

Cap Spending
Patriots $24,866,711
Average $23,659,841
High $35,639,597
Low $11,656,635
The Patriots are 14th in cap spending at the offensive line position. The high cap numbers of Solder and Vollmer are being offset by so many offensive lineman being on their rookie deals. The Jets are number 1 and the Lions are number 32.

Total Offense (41)

Cap Spending
Patriots $76,512,768
Average $67,555,294
High $83,459,588
Low $52,532,212
The Patriots rank 6th in cap spending on the offensive group. The Broncos are number 1 and the Seahawks are number 32.

Defensive Line (13)

Cap Spending
Patriots $17,096,384
Average $23,873,282
High $47,678,712
Low $7,575,237
The Patriots rank 23rd in cap spending at the defensive line position mainly because they have so defensive linemen on their rookie contracts. The Rams are number 1, and the Ravens are number 32. The Ravens position was a huge surprise to Troy and myself

Linebacker (15 Includes Chris White)

Cap Spending
Patriots $19,872,534
Average $18,405,728
High $34,157,396
Low $8,695,697
The Patriots rank 12th in cap spending at the linebacker position. This is higher than I expected. It may be to having 15 linebackers on the roster. The Colts are number 1. The Seahawks are number 32.

Safety (7 includes Nate Ebner)

Cap Spending
Patriots $6,513,140
Average $9,265,567
High $15,560,341
Low $2,627,229
The Patriots rank 11th in cap spending at the safety position. Am surprised that the Patriots are not in the Top 10 with Devin McCourty on their roster. The Seahawks are number 1 and the Giants are number 32.

Cornerback (9)

Cap Spending
Patriots $6,967,285
Average $15,514,205
High $32,992,747
Low $5,161,650

After letting Revis, Browner, Arrington, and Dennard it should not be a surprise that the Patriots are near the bottom (29th) in cap spending at the cornerback position.

Total Defense (44)

Cap Spending
Patriots $55,797,637
Average $67,059,011
High $86,406,073
Low $48,472,917

The Patriots rank 27th in cap spending on the defensive group.

The next two tables includes just the current cap hit player so a player like James Morris who counted $435,000 in the above table counts as $0 since he is not in the Top 51 list and does not have any bonus counting against the cap.
Patriots Salary Cap Allocation by Position (Matthew Slater, Chris White, and Nate Ebner are included in the Special Team total).

Position Cap Number Percentage Count
OL $20,936,711 14.48% 14
QB $15,456,795 10.69% 3
RB $4,046,772 2.80% 8
TE $12,508,013 8.65% 6
WR $13,502,926 9.34% 9
S $10,742,284 7.43% 6
CB $4,132,285 2.86% 9
DL $14,696,384 10.17% 13
LB $15,892,816 10.99% 14
ST $8,303,816 5.74% 6
Offseason Workout $561,600 0.39%
Dead Money $14,017,976 9.70%
Cap Space $9,779,988 6.76%
Totals $144,578,084 100.00% 88

Patriots Salary Cap Allocation by Unit

Unit Cap Number Percentage Count
Offense $66,451,217 45.96% 40
Defense $45,463,487 31.45% 42
Special Teams $8,303,816 5.74% 6
Dead Money $14,017,976 9.70%
Cap Space $9,779,988 6.76%
Offseason Workout Bonus $561,600 0.39%
Totals $144,578,084 100.00% 88

Summary

The team is currently allocating more of its cap space to the offense than to the defense primarily the offense has the four highest cap hits on the team and the most of core of the defense is still on their rookie deals

 

Listing the big decisions that the New England Patriots have to make right around the start of the 2016 League Year

Written by: Miguel Benzan
Posted May 25, 2015 at 8:22 am

Listing the big decisions that the New England Patriots have to make right around the start of the 2016 League Year.

  • Jerod Mayo – The Patriots have a $4 million option on Mayo’s first day of 2016 League Year roster bonus. They must decide to pick up the option or not by the end of the 2015 League Year. Have created a blog post dedicated to examining Jerod Mayo’s restructure
  • Alan Branch – The Patriots have a $400,000 option on Branch’s first day of 2016 League Year roster bonus. They must decide to pick up the option or not by the end of the 2015 League Year. Have created a blog post dedicated to examining Alan Branch’s deal with the Patriots
  • Nate Solder and Stephen Gostkowski – Nate Solder and Stephen Gostkowski are the two most likely candidates for a franchise tag in 2016. On October 12th, 2014 CBS Sportline’s Jason LaCanfora reported that the percentage that was used to determine the franchise tag number for offensive lineman was 9.034%. For ease of discussion, let’s use 9% for 2016. The below table lists the possible franchise tag numbers for Solder if the league cap is between $150 million and $160 million.
    League Cap Offensive Lineman Tag Number
    $150,000,000 $13,500,000
    $152,500,000 $13,750,000
    $155,000,000 $13,950,000
    $157,500,000 $14,175,000
    $160,000,000 $14,400,000

    It will cost at least $5,428,000 to tag Stephen Gostkowski in 2016. His 2015 salary would be increased by 20% to $5,328,000. Add in his $100,000 offseason workout bonus and you get $5.428 million. If Gostkowksi repeats as a Pro Bowler, add another $50,000 to his 2016 cap number making it $5,478,000.

  • The Pats will have until the start of the 2016 League to make ERFA tender offer to these potentional ERFAs (Josh Boyce, Jordan Devey, Chris Barker, Caylin Hauptmann, Jonas Gray, Joe Vellano, James Morris, Kevin Hughes,  Jonathan Krause, Justin Green, Daxton Swanson, and Rufus Johnson). The tender offer equals the minimum salary for a player with the amount of credited seasons.
  • The Pats will have until the start of the 2016 League Year to these potential RFAs (Josh Kline, James Develin, Dion Lewis, Brian Tyms, Ryan Allen, Sealver Siliga, and Darius Fleming). The 2015 tenders were $3.354 million for the 1st round tender, $2.356 million for the 2nd round tender, and $1.542 million for original round tenders. The minimum increase is 5%. The maximum increase is 10%.
  • Rob Gronkowski – The Patriots will have until the start of the 2016 League to pick up Gronkowski’s $10 million option bonus. If they do, he will be signed through the 2019 season. As it stands right now, Gronk will have the 9th highest cap hit for a tight end in 2016, 7th highest in 2017, and the highest in both 2018 and 2019. Source for Gronk’s rankings: http://www.overthecap.com. If the Patriots do not, Gronk will become a free agent at the start of the 2016 League Year and the Patriots can not place the franchise tag on him.
  • Jabaal Sheard – $500,000 of Sheard’s 2016 salary becomes fully guaranteed the 5th day of the 2016 league year.

You can follow me on Twitter at @patscap.

A call for a donation

A long-time family friend, my youngest sister’s best friend, is on the board of directors of a soup kitchen and food pantry in Malden, Massachusetts that serves over 400 low-income and homeless families per month. I am asking that if you have found my salary cap pages/blogs useful that if you are able to do so, please make a donation to the Bread of Life soup kitchen/food pantry. Their address is:
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Bread of Life
54 Eastern Avenue, Rear
Malden, MA 02148
Please mention this website with your donation. Thanks so much!!!

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