With less than an hour before the legal tampering period begins, the Patriots have already made a surprise move this morning.
New England will reportedly receive a 7th-round pick in the deal, which essentially allows them to unload his salary.
Smith hasn’t lived up to the four-year, $50 million deal he signed prior to the 2021 season, which saw him catch just 28 passes for 294 yards and a touchdown in 2021, along with 27 passes for 245 yards and no touchdowns last season.
Looking at his cap hit, according to Spotrac, Smith was set to carry a nearly $11 million cap number heading into the 2023 season. According to Patriots Cap expert, Miguel Benzan, the deal frees up almost $4 million in space, which allows New England to clear some room for whatever moves they have planned in the coming days.
Posted Under: 2023 Patriots Offseason
Tags: Jonnu Smith