Some of this is the worst analysis I've seen a long time.
WHAT WE ARE SAYING
1) We need wide receivers. Even if we count on Kraft signing Welker, we need lots of help.
2) The system is incredibly complicated.
3) Kraft won't spend the money for top free agents.
4) The draft is a crapshoot. Besides, since our system is so difficult, it take a couple of years to develop a wide receiver. The draft isn't the answer.
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If all the above is true, there is no answer other than to continue to give Brady little quality at wide receiver.
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WHAT IS WRONG WITH THE ANALYISIS ABOVE?
A) Belichick is willing to use draft choices, just not top ones. Perhaps he needs a new evaluator of college wide receiver talent, or a new set of criteria. Tate and Price don't seem to have been great choices. Perhaps we need to use more draft picks as we have at RB and TE.
B) Kraft is certainly willing to open his wallet for positions of need. He opened his wallet at WR and DE this year. If folks don't think $4-6M a year on a player is opening the wallet, then that is another issue. Kraft does consider signing $8-10M a year players a risky proposition. However, he did successfully bring in Moss (not technically a free agent transaction).
MY PRORITIES
Other than center, WR is our only priority on offense. We can afford to use resources both in the draft (to develop a player), and in free agency to find immediate help (both top and middle level). We also need to re-sign Welker.
This is actually a lot to do in one year. There is no stability at WR for 2012 at the moment, except Edelman as our #5. The 2012 starting 53 could see ONE TO FIVE new faces at wide receiver (even Slater is a free agent).
At this point, we are where we were at TE going into 2010. We have almost nothing for 2012.