Thomas's Cap Number

[DGameguy]

Sorry if this has been posted already, but Peter King broke the contract down,m and the cap hit this year is only 3.4 mil. Pretty nice I'd say!

 

[iguide]

Sorry if this has been posted already, but Peter King broke the contract down,m and the cap hit this year is only 3.4 mil. Pretty nice I'd say!

Please provide a link. Thank you.

 

[Maroney TD]

Please provide a link. Thank you.

SI

One guy might have been underpaid in Lunatic 2007 Market Dollars: Adalius Thomas. He signed with New England for five years and $35.04 million.

The breakdown, according to Management Council documents obtained Sunday night:

• Signing bonus: $12 million in 2007.

• Option bonus: $8 million payable in 2008, applied for cap reasons in equal $2 million increments in 2008, 2009, 2010 and 2011.

• Salaries: $900,000 in '07, $900,000 in '08, $1.9 million in '09, $4.9 million in '10 and $5.9 million in '11.

• Workout bonuses: $107,000 annually if he participates in the Patriots' offseason workout program in Foxboro.

• Cap numbers: In succession, beginning this year, $3.4 million, $5.4 million, $6.4 million, $9.4 million, $10.4 million.

Looks good for this year but in the final year the hit is going to be $10M.

 

[mtbykr]

SI



Looks good for this year but in the final year the hit is going to be $10M.

True, but that's quite a ways off and we don't know what the cap will be then.

 

[DarrylS]

Just heard these numbers on WEEI, cannot believe how "friendly" this is for the Patriots.. can put away the concerns about trumping Brady or Seymour, this is a very good deal for the Pats. Peter King said something about how he could have made more money on the left coast, but prefered to stay close to support his family on the east coast. Likeing this guy more and more.

Assante Samuel pay attention, this is the way this team does business.