{"id":37253,"date":"2021-06-28T15:00:04","date_gmt":"2021-06-28T19:00:04","guid":{"rendered":"https:\/\/www.patsfans.com\/patriots\/blog\/?p=37253"},"modified":"2021-06-28T14:18:10","modified_gmt":"2021-06-28T18:18:10","slug":"agent-gilmore-holding-out-would-be-too-expensive","status":"publish","type":"post","link":"https:\/\/www.patsfans.com\/patriots\/blog\/2021\/06\/28\/agent-gilmore-holding-out-would-be-too-expensive\/","title":{"rendered":"For Patriots CB Gilmore, Holding Out Would Be Too Expensive"},"content":{"rendered":"

Stephon Gilmore\u2019s status still remains a big question and this week former agent, Joel Corry, appeared on\u00a0The Next Pats Podcast\u00a0<\/em>with Phil Perry\u00a0discussing possible scenarios<\/strong><\/a>\u00a0on the cornerback\u2019s future.<\/p>\n

Corry believes that the two sides will probably figure things out, but he also feels that Gilmore does hold a little bit of leverage.<\/p>\n

\u201cTo a degree because Belichick, with Robert Kraft\u2019s checkbook, didn\u2019t make all these moves to be 7-9 again and miss the playoffs,\u201d said Corry, when asked if he thought Gilmore had any leverage.\u00a0 \u201cSo if they don\u2019t have Gilmore around, they don\u2019t have another number one corner on the team.\u00a0 So yeah, it does give him a little bit of leverage.\u201d<\/p>\n

\u201cBut if I\u2019m the Patriots, I\u2019m hesitant about paying him on a going-forward basis because rarely do you have cornerbacks years 32, 33 and 34, which Gilmore would be 2022 and beyond, play at a Pro Bowl level.\u00a0 Champ Bailey did it for a couple years, he was a Pro Bowler, Charles Woodson at 35, but he was really kind of a hybrid slot corner then moved to safety the following year.\u00a0 You had Charles Tillman at 31 do it, and Richard Sherman at 31 in 2019.\u00a0 Other than that, the past ten years, you don\u2019t have cornerbacks who are 31 and older go to the Pro Bowl.\u00a0 So what you\u2019d be getting from Gilmore in a going-forward basis would most likely be diminishing returns unless he can defy the odds.\u201d<\/p>\n

One thing Corry did point out is that he believes Gilmore will be here when camp opens, primarily because holding out of the preseason doesn\u2019t seem like the most financially viable move. Corry went over the numbers and Gilmore\u2019s absence would cause him to forfeit a sizable amount of money if the veteran stayed away.<\/p>\n

\u201cThe penalties now are a pretty good deterrent,\u201d said Corry. \u201cIf you are a player who is on a veteran contract, then it\u2019s $50,000 per day and that fine can no longer be forgiven, it\u2019s mandatory and training camp is going to run anywhere from 35-40 days.\u00a0 So you\u2019re looking, if you held out of training camp, upwards of a $2-million fine.\u00a0 The fines have increased dramatically to deter players from holding out.\u201d<\/p>\n

\u201cThen there\u2019s another penalty that Gilmore has.\u00a0 Since he signed his contract as an unrestricted free agent, he\u2019s also subject to an additional fine that is mandatory of one week\u2019s salary for each preseason game missed.\u00a0 So 1\/18th of his $7-million base salary is slightly under $390,000.\u00a0 So that\u2019s $390,000 salary, practically, for each preseason game that he misses.\u00a0 There are three preseason games, so you\u2019re basically over a million dollars in addition to the potential $2-million in fines.\u00a0 So that\u2019s a pretty dramatic fine that can\u2019t be forgiven.\u201d<\/p>\n

\u201cObviously, he wasn\u2019t happy with his contract or they wouldn\u2019t have made the adjustment last year, where they essentially pulled $4.5 million out of this year\u2019s base salary and put it into 2020, then added an incentive that he didn\u2019t earn for $2-million for being defensive player of the year.\u201d<\/p>\n

As far as what he believes it might take to get Gilmore signed, Corry believes it would take a multi-year deal similar to what Darius Slay signed after Detroit sent him to Philadelphia in a trade last offseason.<\/p>\n

\u201cI would want a 3-year extension and to me, the minimum would be in the Darius Slay range,\u201d said Corry.\u00a0 \u201cDarius Slay at 29, when he was traded from the Lions to the Eagles, signed a 3-year extension at the time, which made him the highest-paid cornerback in the league for $50.05-million over the three years.\u00a0 The structure was very team-friendly, so I wouldn\u2019t want his structure.\u201d<\/p>\n

\u201cBut basically, you\u2019d have to get me in the $17-million per-year range on an extension and that would make Gilmore the 4th-highest paid cornerback in the league as the salary pay scale for that position is currently constructed.\u201d<\/p>\n

How things play out will obviously be at the forefront and Mike Reiss last week wrote that he believes the two sides appear to be in a position where reaching common ground remains a possibility.<\/p>\n

Hopefully, we\u2019ll avoid a lot of this potential speculation and the two sides will simply figure it all out before training camp gets here.<\/p>\n

(EDITOR’S NOTE: The above also appeared in our Sunday notes column<\/a>\ud83d\ude42<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Stephon Gilmore\u2019s status still remains a big question and this week former agent, Joel Corry, appeared on\u00a0The Next Pats Podcast\u00a0with Phil Perry\u00a0discussing possible scenarios\u00a0on the cornerback\u2019s future.<\/p>\n","protected":false},"author":3,"featured_media":15989,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10],"tags":[2227,44,1354],"class_list":["post-37253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-patriots-news","tag-darius-slay","tag-new-england-patriots","tag-stephon-gilmore"],"yoast_head":"\nFor Patriots CB Gilmore, Holding Out Would Be Too Expensive<\/title>\n<meta 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