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Archive for the ‘ Individual Salary Cap ’ Category

New England Patriots free-agent breakdown: Chris White

Free agency is right around the corner for the New England Patriots, who have 15 players with contracts that expire in March. Of the 15, 10 are unrestricted free agents and five are exclusive rights free agents. I’m taking a look at a free agent and the reasons why he will or won’t be re-signed.

Previous entries in this series
Wide Receiver Greg Orton
Lineback James Morris
Wide Receiver Brian Tyms
Fullback James Develin
Defensive Tackle Sealver Siliga

I will now take a look at Chris White, who will be an unrestricted free agent. Chris White has four accrued seasons. A player earns an accrued season for each season during which he was on, or should have been on, full pay status for a total of six or more regular season games, but which, irrespective of the player’s pay status, shall not include games for which the player was on: (i) the Exempt Commissioner Permission List, (ii) the Reserve PUP List as a result of a nonfootball injury, or (iii) a Club’s Practice Squad. Games on IR count. Chris White has four accrued seasons. Chris White’s minimum salary in 2015 will be $730,000. Chris White is also eligible for the MSB (Minimum Salary Benefit) treatment meaning that if he signs a qualifying deal only $570,000 of his salary would count against the cap, a $160,000 savings. Chris White was claimed off waivers from the Detroit Lions on September 1, 2013. He was waived by the Patriots on August 31st and then re-signed on September 4, 2014.

Year signed: 2014

Length of previous deal: One deal

2014 cap value: $650,600

2014 role: Backup linebacker who played primarily on Special Teams. He was a healthy scratch for 3 games. Played on defense in 3 games for a total of 7 snaps. Played between 17 to 22 special teams snaps in 13 games. His special teams snaps total of 257 was the fourth highest on the team. As you can see on the PatsFans.Com stats database Chris White did not have a tackle while playing defense. According to
TeamRankings.Com’s special teams tackles database Chris White had 7 solo tackles, 4 assisted tackles for a total of 11 tackles. His totals rank him 3rd, tied for 1st, and tied for 2nd respectively.

Why he will be re-signed:
I had asked on the PatsFans.Com messageboard for input regarding Chris White. Mgteich responded “If White is cost-effective, then he should be re-signed. However, guys like Fleming might be a better choice. Also, if Casillas is definitely back, then I would be less likely to re-sign White.In the end, as long as the bonus money isn’t high, we should try to re-sign White. After all, there are injuries on Special Teams, just like any other group, and the insurance is certainly worth something.
My take: Specializing in Special Teams lowers his value making it more likely that he will agree to a cap-friendly deal with the Patriots. The Patriots could give a small signing bonus ($10,000), small offseason workout bonus of $10,000, and Week 1 roster bonus of $60,000 and still have Chris White’s deal qualify for MSB treatment.

Why he won’t be re-signed:I had asked on the PatsFans.Com messageboard for input regarding Chris White. Mgteich responded “If White is cost-effective, then he should be re-signed. However, guys like Fleming might be a better choice. Also, if Casillas is definitely back, then I would be less likely to re-sign White.
My take: The August 31st waiving shows that the Patriots are more than willing to move from Chris White. Since that waiving the Patriots signed Jonathan Casillas who not only plays special-teams but also plays the linebacker position.

Prediction:Chris White will be re-signed to a one-year deal at a $730,000 salary with no more than $50,000 in additional compensation. $570,000 + $50,000 = $620,000 cap number.

Credit – I have customized ESPN’s Corey Harvey’s Bengals free agency template for the Patriots.

New England Patriots free-agent breakdown: Sealver Siliga

Free agency is right around the corner for the New England Patriots, who have 15 players with contracts that expire in March. Of the 15, 10 are unrestricted free agents and five are exclusive rights free agents. I’m taking a look at a free agent and the reasons why he will or won’t be re-signed.

Previous entries in this series
Wide Receiver Greg Orton
Lineback James Morris
Wide Receiver Brian Tyms
Fullback James Develin

I will now take a look at Sealver Siliga, who will be an exclusive rights free agent. An exclusive rights free agent is a player with two or fewer accrued seasons. A player earns an accrued season for each season during which he was on, or should have been on, full pay status for a total of six or more regular season games, but which, irrespective of the player’s pay status, shall not include games for which the player was on: (i) the Exempt Commissioner Permission List, (ii) the Reserve PUP List as a result of a nonfootball injury, or (iii) a Club’s Practice Squad. Games on IR count. Sealver Siliga has two accrued seasons but 3 credited seasons so his 2015 minimum salary will be $660,000. Sealver Siliga was promoted from the practice squad to the 53-man roster on November 27, 2013. The 2013 season counts as a credited season for Siliga since he was on the 53-man roster for at least 3 games. The 2013 season does not count as an accrued season for Sealver since he was on the 53-man roster for five but not six games. Siliga was placed on the Injured Reserve- Designated to Return list on September 27, 2013 and returned to the 53-man roster on December 6th.

Year signed: 2013

Length of previous deal: Two years

2014 cap value: $436,188

2014 role: Defensive tackle who was on the 53-man roster for seven games. Started five of the seven games. He was on IR-DTR for nine games. Siliga ended up playing in 21.6% of the Patriots’ defensive snaps and in 3.6% of the special team snaps. Siliga is best known for being a run-stuffer. As you can see on the PatsFans.Com stats database Siliga finished second among Patriots defensive tackles with 32 tackes. He also finished second with two and a half sacks. Siliga led defensive tackles with 5 tackles for a loss.

Why he will be re-signed: Tendering Sealver Siliga would make his 2015 cap number $660,000, the minimum salary for a player with three credited seasons. With Sealver Siliga’s $660,000 cap number being $150,000 more than $510,000 (the salary of the 51st highest cap number) tendering Siliga would only increase the Patriots salary cap number by $150,000. Since Siliga’s tender offer would not include a signing bonus, there would be no downside to tendering Sealver Siliga. The Patriots may have to release Vince Wilfork for cap space reasons. Alan Branch will be an UFA and may leave for greener pastures.

Why he won’t be re-signed: The Patriots may be wary of his injury history.

Prediction:Sealver Siliga will be re-signed to a one-year deal at a $660,000 salary.

Credit – I have customized ESPN’s Corey Harvey’s Bengals free agency template for the Patriots.

New England Patriots free-agent breakdown: James Develin

Free agency is right around the corner for the New England Patriots, who have 15 players with contracts that expire in March. Of the 15, 10 are unrestricted free agents and five are exclusive rights free agents. I’m taking a look at a free agent and the reasons why he will or won’t be re-signed.

Previous entries in this series
Wide Receiver Greg Orton
Lineback James Morris
Wide Receiver Brian Tyms

I will now take a look at James Develin, who will be an exclusive rights free agent. An exclusive rights free agent is a player with two or fewer accrued seasons. A player earns an accrued season for each season during which he was on, or should have been on, full pay status for a total of six or more regular season games, but which, irrespective of the player’s pay status, shall not include games for which the player was on: (i) the Exempt Commissioner Permission List, (ii) the Reserve PUP List as a result of a nonfootball injury, or (iii) a Club’s Practice Squad. Games on IR count. James Develin has two accrued seasons but 3 credited seasons so his 2015 minimum salary will be $660,000. James Develin was signed to the 2013 53-man roster on September 6th and has been on it ever since.

Year signed: 2013

Length of previous deal: Two years

2014 cap value: $575,600

2014 role: Fullback who was on the 46-man roster for all 16 games. Develin is best known for his crunching blocks rather than what he does with a football. As you can see on the PatsFans.Com stats database Develin was targeted 8 times and caught 5 passes. 3 of his receptions resulted in a first down. In his 3 rushes Develin picked up 5 yards. Develin played in 22.5% of the Patriots’ offensive snaps and in 26.6% of the special team snaps.

Why he will be re-signed: Tendering James Develin would make his 2015 cap number $660,000, the minimum salary for a player with three credited seasons. With James Develin’s ‘ $660,000 cap number being $150,000 more than $510,000 (the salary of the 51st highest cap number) tendering Develin would only increase the Patriots salary cap number by $150,000. Since Develin’s tender offer would not include a signing bonus, there would be no downside to tendering Brian Tyms. Patriots do not have another fullback on their roster or on their practice squad. Having a fullback allows Patriots to dictate matchups.

Why he won’t be re-signed: The Patriots may move away from using a fullback.

Prediction:James Develin will be re-signed to a one-year deal at a $660,000 salary.

Credit – I have customized ESPN’s Corey Harvey’s Bengals free agency template for the Patriots.

New England Patriots free-agent breakdown: Brian Tyms

Free agency is right around the corner for the New England Patriots, who have 15 players with contracts that expire in March. Of the 15, 10 are unrestricted free agents and five are exclusive rights free agents. To help you understand what decisions the Patriots must make with each of them, I’m taking a look at a free agent and the reasons why he will or won’t be re-signed.

Previous entries in this series
Wide Receiver Greg Orton
Lineback James Morris

I will now take a look at Brian Tyms, who will be an exclusive rights free agent. An exclusive rights free agent is a player with two or fewer accrued seasons. A player earns an accrued season for each season during which he was on, or should have been on, full pay status for a total of six or more regular season games, but which, irrespective of the player’s pay status, shall not include games for which the player was on: (i) the Exempt Commissioner Permission List, (ii) the Reserve PUP List as a result of a nonfootball injury, or (iii) a Club’s Practice Squad. Games on IR count.

Year signed: 2014

Length of previous deal: One year

2014 cap value: $378,529

2014 role: Reserve wide receiver who missed the first five games of the regular season because of an suspension. As you can see on the PatsFans.Com stats database Brian Tyms was targeted 11 times and caught 5 passes. 7 of the 11 targets were deep passes. None of the targets were to the right side of the field.

Why he will be re-signed: Tendering Brian Tyms would make his 2015 cap number $585,000, the minimum salary for a player with two credited seasons. With Brian Tyms’ $585,000 cap number just being $75,000 more than $510,000 (the salary of the 51st highest cap number) tendering Brian Tyms would only increase the Patriots salary number by $75,000. Since Tyms’ tender offer would not include a signing bonus, there would be no downside to tendering Brian Tyms. Patriots have only two wideouts (Brandon Lafell and Julian Edelman) that are certain to be on the Patriots 2015 roster so there are roster spots open. Tyms may greatly benefit from an entire offseason with Tom Brady. Note that he was signed by the Patriots on July 27 after the start of training camp.

Why he won’t be re-signed: The Patriots may decide that Tyms has no chance of making the team better.

Prediction:Brian Tyms will be re-signed to a one-year deal at a $585,000 salary.

Credit – I have customized ESPN’s Corey Harvey’s Bengals free agency template for the Patriots.

New England Patriots free-agent breakdown: James Morris

Free agency is right around the corner for the New England Patriots, who have 15 players with contracts that expire in March. Of the 15, 10 are unrestricted free agents and five are exclusive rights free agents. To help you understand what decisions the Patriots must make with each of them, I’m taking a look at a free agent and the reasons why he will or won’t be re-signed.

I started with wide receiver Greg Orton. I will continue on with James Morris who will be an exclusive rights free agent. An exclusive rights free agent is a player with two or fewer accrued seasons. A player earns an accrued season for each season during which he was on, or should have been on, full pay status for a total of six or more regular season games, but which, irrespective of the player’s pay status, shall not include games for which the player was on: (i) the Exempt Commissioner Permission List, (ii) the Reserve PUP List as a result of a nonfootball injury, or (iii) a Club’s Practice Squad. Games on IR count.

Year signed: 2014

Length of previous deal: One year

2014 cap value: $303,000

2014 role: Reserve linebacker who was placed on Injured Reserve before the start of the 2014 regular season.

Why he will be re-signed: Tendering James Morris would make his 2015 cap number $435,000, the minimum salary for a player with no credited seasons. With James Morris’ $435,000 cap number being less than $510,000 (the salary of the 51st highest cap number) tendering James Morris would not have any effect on the Patriots cap number. Since Morris’ tender offer would not include a signing bonus, there would be no downside to tendering James Morris.

Why he won’t be re-signed: The Patriots may decide that Morris has no chance of making the team better. The Patriots could also decide that his injury history is too risky.

Prediction:James Morris will be re-signed.

Credit – I have customized ESPN’s Corey Harvey’s Bengals free agency template for the Patriots.

New England Patriots free-agent breakdown: Greg Orton

Free agency is right around the corner for the New England Patriots, who have 15 players with contracts that expire in March. Of the 15, 10 are unrestricted free agents and five are exclusive rights free agents. To help you understand what decisions the Patriots must make with each of them, I’m taking a look at a free agent and the reasons why he will or won’t be re-signed.

I will start with wide receiver Greg Orton who will be an exclusive rights free agent. An exclusive rights free agent is a player with two or fewer accrued seasons. A player earns an accrued season for each season during which he was on, or should have been on, full pay status for a total of six or more regular season games, but which, irrespective of the player’s pay status, shall not include games for which the player was on: (i) the Exempt Commissioner Permission List, (ii) the Reserve PUP List as a result of a nonfootball injury, or (iii) a Club’s Practice Squad. Games on IR count.

Year signed: 2014

Length of previous deal: One year

2014 cap value: $306,500

2014 role: Reserve wide receiver who was placed on Injured Reserve before the start of the 2014 regular season.

Why he will be re-signed: Tendering Greg Orton would make his 2015 cap number $435,000, the minimum salary for a player with no credited seasons. With Greg Orton’s $435,000 cap number being less than $510,000 (the salary of the 51st highest cap number) tendering Orton would not have any effect on the Patriots cap number. Since Orton’s tender offer would not include a signing bonus, there would be no downside to tendering Orton.

Why he won’t be re-signed: The Patriots may decide that Orton has no chance of making the team better. The Patriots waived him on May 22, 2014 and re-signed him after waiving several other wideouts in mid-July.

Prediction:Greg Orton will be tendered an ERFA contract.

Credit – I have customized ESPN’s Corey Harvey’s Bengals free agency template for the Patriots.

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

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 $142 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 $142,000,000
3.) LTBE/NLTBE incentives adjustment of (-$4,562,500)
=======================================================
$142,695,554

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 $142,000,000
3.) LTBE/NLTBE incentives adjustment of (-$4,562,500)
=======================================================
$143,879,554

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

Edelman has 500,000 reasons to hope for a Patriots victory

With a Colts victory by the Patriots Sunday Julian Edelman’s bank account will see a $500,000 increase. When Julian Edelman re-signed with the Patriots in March of 2014 his deal contained a $500,000 incentive. That incentive was considered Not Likely to be Earned (NLTBE) because none of its four conditions were achieved by Edelman and the Patriots during the 2013 season. As EspnBoston.Com’s Mike Reiss reported Edelman had four different ways to earn the $500,000 incentive.

  1. 1,057 receiving yards
  2. 70 receptions plus seven TDs
  3. 80 receptions plus 13 wins
  4. 80 receptions plus Super Bowl appearance

Since Julian ended the season with 972 receiving yards, Method 1 was not met. Since Julian ended the season with four touchdowns, Method 2 was not met. Since Patriots ended the season with 12 wins, Method 3 was not met. With 92 catches Edelman has already met the first requirement of Method 4 and just needs a Patriots victory over the Colts to earn his $500,000 bonus.

While it will be worth it!!!!!
I should note that if Julian Edelman earns his bonus it will cause the Patriots to lose 1 million in cap space for the 2015 season. Julian Edelman’s 2015 cap number will increase by $500,000 from $4,156,250 to $4,656,250 since incentive classification will goe from NLTBE to LTBE since it was earned in 2014. The Patriots 2015 adjusted cap number will be decreased by $500,000 since a NLTBE incentive was earned in 2014.

Like to thank neoronet, a fellow PatsFans.Com messageboard member, for pointing out a typing mistake.

Jerod Mayo’s Salary Cap Scenarios

At his current cap number of $10,287,500 Jerod Mayo has the 2nd highest number of all inside linebackers and the 6th highest cap number of all linebackers.  After ending the past two seasons on Injured Reserve Jerod Mayo is not worth such a high cap number. Therefore, as we get closer to the start of the 2015 League Year we should look at the possible salary cap moves that exist between Jerod Mayo and the New England Patriots

As of January 11, Jerod Mayo’s 2015 cap number is $10,287,500 which consists 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 consists 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 consists 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

N0w that we know the parameters of his current deal let’s look at possible moves by the Patriots.

Cut an injured Jerod Mayo before June 2:

Mayo’s 2015 cap number would then increase 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 $510,000 salary would then take his place in the Top 51 list, the Patriots would lose $722,500 ($212,500 plus $510,000) 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 Savings ($212,500)

Cut or Trade a healthy Jerod Mayo before June 2:

Mayo’s 2015 cap number would then decrease from $10,287,500 to $6 million – the rest of his signing bonus proration. Since a player with a $510,000 salary would then take his place in the Top 51 list, the Patriots would gain $3,777,500 ($4,287,500 minus $510,000) 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 Cut Before 6/2
Salary $6,250,000
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 $6,000,000
2015 Gross Cap Savings $4,287,500

Cut an injured Jerod Mayo before June 2 and make him a post June 1 designation:

That means the Pats would carry his $6.25 million salary and his $187,500 roster bonus on their books until June 2nd. On June 2nd he would be released. His 2015 cap number would then drop from $10,287,500 to $8,350,000 ($3.6 million signing bonus proration;$250,000 offseason workout;$4.5 million salary that was guaranteed for injury) – gross cap savings in 2015 of $1,937,500, net cap savings of $1,352,500 since by June a player with a $585,000 salary would take his place in the Top 51. Please note that I am presuming that Mayo by rehabbing would qualify for earning his offseason workout bonus.
Mayo’s 2016 cap number would go from $10,087,500 to $2,400,000.
Mayo’s 2017 cap number would go from $9,187,500 to zero.

Current Deal Injured and Cut Before 6/2 and a post June 1 designation
Salary $6,250,000 $4,500,000
46-man active Roster Bonus $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 $8,350,000
2015 Gross Cap Savings $1,937,500

Cut or Trade Jerod Mayo after June 1:

That means the Pats would carry his $6.25 million salary and his $187,500 roster bonus on their books until June 2nd. After June 1st he would be traded. His 2015 cap number would then drop from $10,287,500 to $3,850,000 ($3.6 million signing bonus proration;$250,000 offseason workout) – gross cap savings in 2015 of $6,437,500, net cap savings of $5,852,500 since by June a player with a $585,000 salary would take his place in the Top 51. Please note that I am presuming that Mayo by rehabbing would qualify for earning his offseason workout bonus.
Mayo’s 2016 cap number would go from $10,087,500 to $2,400,000.
Mayo’s 2017 cap number would go from $9,187,500 to zero.

Current Deal Cut or Traded after June 1
Salary $6,250,000
46-man active Roster Bonus $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 $3,850,000
2015 Gross Cap Savings $6,437,500

Lower Jerod Mayo’s salary from $6.25 million to $1.9 million:

This would lower his 2015 cap number from $10,287,500 to $5,937,500 for a cap savings of $4.35 million. The $5,937,500 cap hit with him on the 53-man roster is less than releasing him before June 2nd ($6 million).
Mayo’s 2016 cap number remains at $10,087,500.
Mayo’s 2017 cap number remains at $9,187,500.

Current Deal Lowered Salary to $1.9 million
Salary $6,250,000 $1,900,000
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 $5,937,500
2015 Gross Cap Savings $4,350,000

Offer Jerod Mayo the same exact deal as Vince Wilfork

This would lower his 2015 cap number from $10,287,500 to $6,270,833 for a cap savings of $4,016,667. The $6,270,833 cap hit with him on the 53-man roster is just more $270,833 more than releasing him before June 2nd ($6 million) while providing greater cap savings.
Mayo’s 2016 cap number would increase from $10,087,500 to $10,720,833.
Mayo’s 2017 cap number would increase from $9,187,500 to $9,620,834.
Offering Mayo Wilfork's restructure

Offer Jerod Mayo the same exact deal as Vince Wilfork but without the $1.3 million signing bonus.
This would lower his 2015 cap number from $10,287,500 to $5,837,500 for a cap savings of $4,450,000. The $5,837,500 cap hit with him on the 53-man roster is less than the one achieved by releasing him before June 2nd ($6 million) while providing greater cap savings.
Mayo’s 2016 cap number remains at $10,087,500.
Mayo’s 2017 cap number remains at $9,187,500.
Offering Mayo Wilfork's restructure

Given that Revis’ 2015 $25 million cap hit is the largest on the Patriots, it seemed appropriate to look at his comparables and propose a contract that I consider fair to both him and the Patriots. Please note that if the Patriots do not pick Revis’ $12 million option or reach an extension with him before 4PM March 10 Revis will become an free agent at the start of the 2015 League Year (4PM March 10). Please also note that this is about the 5th version of this blog.

January 12, 2015 update – Added how the top of the cornerback market was reset after Revis was signed with the Patriots and the note about the timing of the payments of the $12 million option.

January 3, 2015 update – Updated 2014 All-Pro honors and make it easier to see size of signing bonuses.

December 9, 2014  update -include JJ Watt and Gerald McCoy as comparables

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.”  Added on January 12th – On January 11th the Boston Herald’s Jeff Howe tweeted that $9 million of the $12 million option must be paid by the Patriots on March 10 and the other $3 million is due on March 31, 2016. After Revis’  deal the top cornerback deal was Brandon Carr’s 10M APY (Average Per Year) deal. There are 5 other cornerbacks whose deals had a $9 to $9.75 million APY. Starting in May the top of the cornerback market began to reset. Richard Sherman signed his 14M APY deal on May 7th.  Joe Haden signed his $13.5m APY deal on May 27th. Patrick Peterson topped Richard Sherman’s deal by signing his $14.01m APY contract on July 30th.

There have been four rankings of the NFL’s Top 100 players done before the 2014 season . They were done by Pro Football Focus, CBS Sportsline’s Pete Prisco, CBS Sportsline’s Pat Kirwan, and NFL players as tabulated by NFL Network. Revis ranked 18th, 28th, 21st, and 38th respectively.

Player Date of Birth Pro Football Focus Pete Prisco Pat Kirwan NFL Players
Darrelle Revis 7/14/1985 18 28 21 38
Richard Sherman 3/30/1988 6 11 13 7
Joe Haden 4/18/1989 75 33 28 39
Patrick Peterson 7/11/1990 58 8 7 22

Now 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

J.J. Watt is currently the highest paid defender in the NFL. J.J. Watt is almost 4 years younger than Revis. Watt was named the AP Defensive Player of the Year in 2012. Watt was named to the Pro Bowl and the first team AP All-Pro teams in 2012,2013 and 2014. His 2014 and 2015 salaries are 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.

J.J. Watt
Year Base Salary Prorated Bonus Roster Cap Number Dead Money Cap Savings Cash Total Cash
2014 $907,385 $3,668,182 $0 $4,575,567 $22,544,567 $0 $10,907,385 $10,907,385
2015 $9,969,000 $2,000,000 $10m $21,969,000 $17,969,000 $4,000,000 $19,969,000 $30,876,385
2016 $10,500,000 $2,000,000 $0 $12,500,000 $6,000,000 $6,500,000 $10,500,000 $41,376,385
2017 $10,500,000 $2,000,000 $0 $12,500,000 $4,000,000 $8,500,000 $10,500,000 $51,876,385
2018 $11,000,000 $2,000,000 $0 $13,000,000 $2,000,000 $11,000,000 $11,000,000 $62,876,385
2019 $13,000,000 $0 $0 $13,000,000 $0 $13,000,000 $13,000,000 $75,876,385
2020 $15,500,000 $0 $0 $15,500,000 $0 $15,500,000 $15,500,000 $91,376,385
2021 $17,000,000 $0 $0 $17,000,000 $0 $17,000,000 $17,000,000 $108,386,385

Gerald McCoy is currently the 2nd highest paid defender in the NFL. Gerald McCoy is almost 2 1/2 years younger than Revis.  McCoy was named to the Pro Bowl in 2012 and in 2013 and to the first team AP All-Pro team in 2013. His 2014 and 2015 salaries are fully guaranteed.  These details about Gerald McCoy’s contract come from this Joel Corry report. McCoy’s $5 million 2015 base salary, $6 million 2016 base salary and $6.5 million third day of the 2015 league year roster bonus become fully guaranteed on the third day of the 2015 waiver period (February 4). McCoy’s $6.5 million fourth day of the 2016 league year roster bonus and $12,742,692 of his $13.25 million 2017 base salary are fully guaranteed on the third day of the 2016 league year.

Gerald McCoy
Year Base Salary Prorated Bonus Roster Bonus Workout Cap Number Dead Money Cap Savings Cash Received Total Cash
2014 $17,500,000 $3,095,000 $0 $300,000 $20,895,000 $22,544,567 $0 $20,300,000 $20,300,000
2015 $5,000,000 $3,095,000 $6,500,000 $0 $14,595,000 $2,000,000 $12,595,000 $11,500,000 $31,800,000
2016 $6,000,000 $500,000 $6,500,000 $0 $13,000,000 $1,500,000 $11,500,000 $12,500,000 $44,300,000
2017 $13,250,000 $500,000 $0 $0 $13,750,000 $1,000,000 $12,750,000 $13,200,000 $57,500,000
2018 $12,250,000 $500,000 $0 $0 $12,750,000 $500,000 $12,250,000 $12,250,000 $69,750,000
2019 $13,000,000 $0 $0 $0 $13,000,000 $0 $13,000,000 $13,000,000 $82,750,000
2020 $10,000,000 $0 $2,500,000 $0 $12,500,000 $0 $12,500,000 $12,500,000 $95,250,000
2021 $10,432,253 $0 $2,500,000 $0 $12,932,253 $0 $12,932,253 $12,932,253 $108,182,253

Therefore, it seems reasonable to venture that a Revis extension in the $12 to $14 million per year average range would be 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. An extension will lower Revis’ 2015 $25 million cap number. Here is one example how:

  • Extend Revis through the 2017 season.
  • Give him a $14.25 million signing bonus which would be prorated over 3 years (2015/2016/2017).
  • Lower his salary from $7,000,000 to $1,250,000.
  • Eliminate the $12.5 million roster bonus

2015 Current cap number of $25,000,000 consists of:

  • $7,500,000 salary
  • $5,000,000 signing bonusproration
  • $12,00,000 roster bonus due on March 10 (to be paid in two installments)
  • $500,000 46-man active roster bonus

Proposed 2015 cap number of $11,500,000 consists of:

  • $1,250,000 salary (fully guaranteed)
  • $5,000,000 existing bonus proration
  • $4,750,000 new signing bonus proration
  • $500,000 46-man active roster bonus

Proposed 2016 cap number of $14,750,000 consists of:

  • $9,500,000 salary (5.25 million guaranteed for injury now; becomes fully guaranteed the 5th day after the 2016 Super Bowl)
  • $4,750,000 new signing bonus proration
  • $500,000 46-man active roster bonus

Proposed 2017 cap number of $14,750,000 consists of:

  • $9,500,000 salary
  • $4,750,000 signing bonus proration
  • $500,000 46-man active roster bonus

This deal averages 12 million per year in new money over the three extended years. That 12M APY would give Revis the 4th highest APY for a cornerback and more cash in Years 1, 2 and 3 than will Richard Sherman receive in his extension. Please note that the 2014 franchise tag number for cornerbacks was $11.834 million so this acknowledges Revis as a franchise cornerback.

Darrelle Revis – 12M APY – $14.25 million signing bonus
Year Salary Prorated Bonus Roster Bonus Cap Number Dead Money Cap Savings Cash Total Cash
2014 $1.5m $5,000,000 $500,000 $7,000,000 $6,500,000 $5,000 $12m $12,000,000
2015 $1.25m $9,750,000 $500,000 $11,500,000 $15,500,000 ($4,000,000) $16m $28,000,000
2016 $9.5m $4,750,000 $500,000 $14,750,000 $14,750,000 $0 $10m $38,000,000
2017 $9.5m $4,750,000 $500,000 $14,750,000 $4,750,000 $10,000,000 $10m $48,000,000

This next deal averages 13.3 million per year in new money over the three extended years and $13m over the four years that Revis will be on the Patriots. That 13M APY would give Revis the 4th highest APY for a cornerback and more cash in Years 1, 2 and 3 ($40 million) than will the trio received ($38,315,000) in their extensions. The 2015 salary will be fully guaranteed. $5 million of his 2016 salary will be guaranteed for injury now and will become fully guaranteed the 5th day after the 2016 Super Bowl). Please note that this deal is my favorite option.

Darrelle Revis – 13M APY – $15m signing bonus – My preferred deal
Year Salary Prorated Bonus Roster Cap Number Dead Money Cap Savings Cash Total Cash
2014 $1.5m $5m $500,000 $7,000,000 $6,500,000 $5,000 $12m $12,000,000
2015 $4.5m $10m $500,000 $15,000,000 $19,500,000 ($4,500,000) $20m $32,000,000
2016 $9.5m $5m $500,000 $15,000,000 $15,000,000 $0 $10m $42,000,000
2017 $9.5m $5m $500,000 $15,000,000 $5,000,000 $10,000,000 $10m $52,000,000

This next deal averages 14 million per year in new money over the three extended years. That 14M APY would tie Revis for the 2nd highest APY for a cornerback and more cash in Years 1, 2 and 3 than any other cornerback in NFL history. The 2015 salary will be fully guaranteed. $5.5 million of his 2016 salary will be guaranteed for injury now and will become fully guaranteed the 5th day after the 2016 Super Bowl) making it the same cap number to keep Revis on or off the Patriots roster.

Darrelle Revis – 14M APY $16.5M signing bonus
Year Salary Prorated Bonus Roster Cap No Dead Money Cap Savings Cash Total Cash
2014 $1.5m $5,000,000 $500,000 $7m $6,500,000 $5,000 $12m $12,000,000
2015 $3.5m $10,500,000 $500,000 $14.5m $20,000,000 ($5,000,000) $20m $32,000,000
2016 $10.5m $5,500,000 $500,000 $16,5m $16,500,000 $0 $11m $43,000,000
2017 $10.5m $5,500,000 $500,000 $16.5m $5,500,000 $11,000,000 $11m $54,000,000

This next deal averages 15 million per year in new money over the three extended years. Revis would get a $18 million signing bonus. That 15M APY would give Revis the highest APY for a cornerback in the NFL The 2015 salary will be fully guaranteed. $5 million of his 2016 salary will be guaranteed for injury now and will become fully guaranteed the 5th day after the 2016 Super Bowl) making it the same cap number to keep Revis on or off the Patriots roster.

Darrelle Revis – 15M APY- $18m signing bonus
Year Salary Prorated Bonus Roster Cap No Dead Money Cap Savings Cash Total Cash
2014 $1.5m $5,000,000 $500,000 $7m $6,500,000 $5,000 $12m $12,000,000
2015 $5m $11,000,000 $500,000 $16.5m $23,000,000 ($6,500,000) $23m $35,000,000
2016 $10.5m $6,000,000 $500,000 $17m $17,000,000 $0 $11m $46,000,000
2017 $10.5m $6,000,000 $500,000 $17m $5,000,000 $12,000,000 $11m $57,000,000

This next deal averages 16 million per year in new money over the three extended years. Revis would get a $22.5 million signing bonus. That 16M APY would tie Revis for the highest APY for a defensive player in the NFL The 2015 salary will be fully guaranteed. $2 million of his 2016 salary will be guaranteed for injury now and will become fully guaranteed the 5th day after the 2016 Super Bowl) making it the same cap number to keep Revis on or off the Patriots roster.

Darrelle Revis – 16M APY- $22.5m signing bonus
Year Salary Prorated Bonus Roster Cap No Dead Money Cap Savings Cash Total Cash
2014 $1.5m $5,000,000 $500,000 $7m $6,500,000 $5,000 $12m $12m
2015 $5m $12,500,000 $500,000 $18m $27,500,000 ($9,500,000) $28m $40,000,000
2016 $9.5m $7,500,000 $500,000 $17.5m $17,000,000 $0 $10m $50,000,000
2017 $9.5m $7,500,000 $500,000 $17.5m $7,500,000 $10,000,000 $10m $60,000,000

This next table shows Revis’ cap hits if the Pats retain his $25 million cap hit in 2015 and then choose to place the franchise tag on him after the 2015 and 2016 seasons. Please note that the player’s franchise tag number is the higher of 120% of his prior year’s cap number OR the result reached in the franchise tag number formula calculation.

Darrelle Revis – w 25 million cap hit in 2015 and then tagged
Year Salary Prorated Bonus Roster Cap No Dead Money Cap Savings Cash Total Cash
2014 $1.5m $5,000,000 $500,000 $7m $0 $0 $12,000,000 $12,000,000
2015 $7.5m $10,000,000 $12,500,000 $25m $8m $17m $20,000,000 $32,000,000
2016 $30m $0 $0 $30m $30m $0 $30,000,000 $62,000,000
2017 $36m $0 $0 $36m $36m $0 $36,000,000 $98,000,000

http://overthecap.com/freeagents.php?Position=CB&Year=2015 lists the cornerbacks who will become free agents after this season. As of now, Revis should be considered the best available free agent cornerback. There is no one that I consider to be in Revis’ class.

http://overthecap.com/top-player-salaries.php?Position=CB lists the APYs for cornerbacks.

  • A extension with a 12M APY would make Revis the 4th highest paid cornerback
  • 12.5M APY would make Revis the 4th highest paid cornerback
  • 13M APY would make Revis the 4th highest paid cornerback
  • 13.5M APY would tie Revis for 3rd
  • 14M APY would tie Revis for 2nd
  • 14.01M APY would tie Revis for 1st


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