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People have mentioned the Pats being 16.1 million under the cap. I feel that its somewhat of an illusion. Here's why:
1) You can figure that they are going to put the 5.8 million of Seymour's August bonus right against the cap. I'd be very surprised if they made it a signing bonus over a roster bonus.
2) Add to that the 4.5 million or so for the Rookie salaries.
3) Deion Branch still needs his contract extended and that will eat up much of the remaining 6 million.
1) You can figure that they are going to put the 5.8 million of Seymour's August bonus right against the cap. I'd be very surprised if they made it a signing bonus over a roster bonus.
2) Add to that the 4.5 million or so for the Rookie salaries.
3) Deion Branch still needs his contract extended and that will eat up much of the remaining 6 million.