Salary Cap Picture - 2/28/2014 Update: How Pats can get under cap by $25-34 million

[PatsFans.com Article]

Patriots Salary Cap Picture - 2/28/2014 Update - How the Pats can get under the cap by 25 to 34 million
By:

Updating my Patriots salary cap picture with the latest salary ca...

CLICK HERE TO READ THIS STORY​

 

[MassPats38]

Re: Patriots Salary Cap Picture - 2/28/2014 Update - How the Pats can get under the c

Thanks for all your effort, Miguel. This, as always, is great information.

 

[Don_the_patfan]

Re: Patriots Salary Cap Picture - 2/28/2014 Update - How the Pats can get under the c

Bump. Lets be honest whenever I need cap info Miguel is my first stop.

 

[50-yard-line]

Re: Patriots Salary Cap Picture - 2/28/2014 Update - How the Pats can get under the c

Bump. Lets be honest whenever I need cap info Miguel is my first stop.

I wonder if the Pats front office feels that same way...lol, I'm only half-kidding.

 

[BlitzFritz]

Re: Salary Cap Picture - 2/28/2014 Update: How Pats can get under cap by $25-34 milli

I am guessing that $30M in cap space would be a lot, esp if we released very few players. how does it compare across the league?

 

[cstjohn17]

Re: Salary Cap Picture - 2/28/2014 Update: How Pats can get under cap by $25-34 milli

Amazing as usual, beyond the theory, which of these moves do you think they will do?

 

[Miguel]

Re: Salary Cap Picture - 2/28/2014 Update: How Pats can get under cap by $25-34 milli

I am guessing that $30M in cap space would be a lot, esp if we released very few players. how does it compare across the league?

The latest report had the average team with about $19 million in cap space. Inside Slant: Cap space based on $132M - NFL Nation Blog - ESPN

Make the number $20 million since the cap is actually $133 million.

 

[Miguel]

Re: Salary Cap Picture - 2/28/2014 Update: How Pats can get under cap by $25-34 milli

Amazing as usual, beyond the theory, which of these moves do you think they will do?

1.) Release Isaac Sopoaga – net cap savings of $2.08 million.

2b.) Extend Dan Connolly through the 2015 season converting $2 million of his $3 million salary into a signing bonus – cap savings of $1 million

5.) Extend Gostkowski’s contract by 4 years while giving him a $5 million signing bonus and lowering his salary from $2.9 million to $900,000 – cap savings – $1,000,000

6.) Extend McCourty’s contract by 4 years while giving him a $10 million signing bonus while lowering his 2014 salary from $3.92 million to $1 million – cap savings – $1,000,000

Here are some moves that I think that Patriots may do
2b.) Extend Dan Connolly through the 2015 season converting $2 million of his $3 million salary into a signing bonus – cap savings of $1 million
3a.)Reduce Wilfork’s salary from $7.5 million to $4 million while converting $3.5million of his salary into a NTLBE incentive – cap savings of $3.5 million

Designate Amendola a June 1 designation.

 

[cstjohn17]

Re: Salary Cap Picture - 2/28/2014 Update: How Pats can get under cap by $25-34 milli

1.) Release Isaac Sopoaga – net cap savings of $2.08 million.

2b.) Extend Dan Connolly through the 2015 season converting $2 million of his $3 million salary into a signing bonus – cap savings of $1 million

5.) Extend Gostkowski’s contract by 4 years while giving him a $5 million signing bonus and lowering his salary from $2.9 million to $900,000 – cap savings – $1,000,000

6.) Extend McCourty’s contract by 4 years while giving him a $10 million signing bonus while lowering his 2014 salary from $3.92 million to $1 million – cap savings – $1,000,000

Here are some moves that I think that Patriots may do
2b.) Extend Dan Connolly through the 2015 season converting $2 million of his $3 million salary into a signing bonus – cap savings of $1 million
3a.)Reduce Wilfork’s salary from $7.5 million to $4 million while converting $3.5million of his salary into a NTLBE incentive – cap savings of $3.5 million

Designate Amendola a June 1 designation.

Wow, that would be impressive. Thank you very much.

 

[Huckleberry1]

Re: Salary Cap Picture - 2/28/2014 Update: How Pats can get under cap by $25-34 milli

I am not sure what they are waiting for with Sopoaga, I would have expected him to be long gone by now.

 

[PatsWickedPissah]

Re: Salary Cap Picture - 2/28/2014 Update: How Pats can get under cap by $25-34 milli

I am not sure what they are waiting for with Sopoaga, I would have expected him to be long gone by now.

Let's say BB needs to free up more cap $ to re-sign Edes, Talib and a new FA or so. Can't he cut Sopo right then? given the week to week indeterminacy at DT with Wilf & Kel where later = more medical info, I don't see the rush. I think cutting our safety early was a courtesy to him for years of services rendered.