Because its a 1 year deal without a long-term financial commitment to a player who will be 32 years old at the start of the 2013 season. Looking into my crystal ball, I took a swag at the $16m because it's the exact point you just made. Barring injury, he should still be a 100 catch 1000+ yard guy in 2013 and "worth" $11m or so (will/can them team bring him back is a different story). In 2014 at 33, he should be as you say still highly productive, but at his age WRs typically start to show the wear and tear and a $10m cap hit/cash outlay locked into a play that isn't earning those dollars has a trickle-down effect on the entire roster. I'm assuming that they'll amortize it to lessen the blow. I just think it's not smart business to spend big money/long term deals on older players- except QBs_ risk goes up for not getting value as it relates to outlay of money and cap space used by the player.
This is what drives me nuts. Its about winning football games and championships, not eliminating risk. Lets say Welker signs for 4 years and in his 3rd is a parttime player and in his 4th gone.
Lets us 4 for 40mill 20 up front, and salaries of 2,5,6,7
Year 3 we have an 11 mill hit for a guy who contributes on 3rd down plus a little. Not great, but not criplling. Year 4 we take a 5mill dead money hit. Been there done that.
In the meantime in 2013 and 2014 we do not have to make major changes to what may be the best offense in NFL history. (Hard to argue any offense has been better than the 2007-2012 Brady/Welkercentric Pats).
Welker was worth 15 million this year, maybe more. It is ludicrous to break up the best offense in the NFL because we are afraid to deal with cap hits in the future.
In 2013 he will be 32 years old. Most, if not all WRs at 32 are not as productive as they are at 26 years old so he is on the back 9 if you will. WW does not have a long career in front of him so yea, I guess I am looking at him like a battery...
Which is wrong, because he will not stop, he will slow first. There is nothing wrong with overpaying the back end of contract in order to have the player for the front end of it, underpaid. Half the players in the league are overpaid.
In 2013, I believe that the bonus/guaranteed dollars directly impacts their ability to sign Talib and Vollmer and potentially sign a FA they really like so I am concerned.
Signing him long term will leave more money than tagging him.
It will probably leave as much or more than signing a replacement capable of helping an overhauled offensive scheme of coming close to what it would be if Welker stayed.
Welker is miles more important to this team than Talib or Vollmer.
You are arguing about the risk of Welker while endorsing the signing of substance abuse violator Talib who has played 5 games as a Patriot and only 33 in the last 3 years, and Vollmer who has a chronic back injury and missed 60% of the season last year?
In 2014, if WW's cap number is $10m and you got Brady to work on os he isn't a FA in 2015 and other players like Spikes, Ridley and maybe a couple of others that they want to re-sign, etc. then I am also concerned in that capacity as well...
Cap management is cap management, not a reason to let one of your most key players walk so you can pay lesser ones.