Randy Moss contract tweak
In a move that highlights how the Patriots were extremely close to the salary cap at the start of free agency, and needed some more breathing room, the team executed a minor restructure of Randy Moss's contract.
Here are few more details on the restructure, which was reported by Peter King in his "Monday Morning Quarterback" column:
The Patriots took $1.5 million of what Moss was to earn in 2009 and guaranteed that figure by turning it into a bonus. That freed up about $750,000 on the 2009 salary cap, and will increase Moss's salary cap charge in 2010.
It's not a major move, but it reflects how the Patriots were handcuffed a bit salary-cap wise until the Matt Cassel/Mike Vrabel trade was consummated.
The contract tweak with Moss allowed the Patriots to remain active in the early parts of free agency with players like Fred Taylor and Chris Baker.
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I bet Moss's accountant is happy.
Mike: when does the cap figure actually kick in? In other words how critical was speed to execution in the Cassel trade? Were these 3-team trade scenarios too risky for the Pats to wait on because there were too many variables for the deals to get done and waiting could have jeopardized the sure thing with KC?
Mike,
I thought that teams could be temporarily over the salary cap in certain parts of the year, but had to be under it by certain dates? Could you clarify that?
Hi MarkZ. It is my understanding that you can never be over the cap. What you might be thinking is that in certain parts of the year, it's the top 51 who count against the cap.
--Mike
It would be nice if Tom who has 2 incomes coming into his household now would adjust his salary so we can sign Vince and Peppers. I am sure Carolina does not want pay an unhappy player the franchise tag .
Interesting. If the Patrtiots knew they were going to trade Cassel, why would they be concerned with freeing up this cap space? This and the Vrabel trade leads me to suspect something big is on the way.
Mike, that's interesting information. Thanks
Nice post Mike.
Great article by Peter King where he breaks down the value and money in the first 60 picks or so and its more valuable to have those picks than high 1st round picks.
He was also bang on when he brought up some bad history with the Pats second round picks of Behtel Johnson, Chad Jackson and the Marquise Hill
I wish more professional athletes were like Randy Moss. He wants to be part of a Superbowl championship team and will do what it takes not only on the field but also with the terms of his contract. Another example is Tom Brady. He took a boatload less money to remain a New England Patriot. Sure, it's still a lot of money, but these 2 guys are superstars who want to be part of the winning Superbowl championship team.
That's my boy !!! I am just glad everyone else is seeing what some of us have known all along. This guy , Randy Moss just wants to win. That's why he wanted out of Oakland and everyone can see that now. This guy does so much for the kids in his and my home state of West Virginia. Go Pats I want to see a super bowl ring for Randy and the rest of you guys and fans.
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