< Back to front page Text size +

Patriots cap space update

Posted by Greg A. Bedard  March 19, 2013 03:17 AM

E-mail this article

Invalid E-mail address
Invalid E-mail address

Sending your article

With some of the Patriots' new contracts coming in, we have a better idea of where the Patriots are in regards to the cap.

As best we can tell, the Patriots now have $107,858,353 paid to their top 51 players for cap purposes.

The release of Brandon Lloyd saved the team $4.5 million against the cap this year, but cost them $2 million in dead cap space. Lloyd was not designated a June 1 cut, so the dead money goes on this year to give the Patriots a total of $6,514,529.

That means the Patriots have paid out $114,372,882.

With the 2012 cap carryover, they are operating on an adjusted cap of $129,656,344.

So the total remaining is approximately $15,283,462.

However, the Patriots should be budgeting anywhere from $8-12 million to save for draft picks, incentives, and any possible extensions they would like to do before free agency next year.

So in reality, the Patriots have about $3-7 million to toy with.

News, analysis and commentary from Boston.com's staff writers and contributors, including Zuri Berry and Erik Frenz.

NFL video

Watch Patriots analysis and commentary by CineSport

browse this blog

by category