The Pats were down to less then $500,000 in space before Rex Burkhead restructured his contract earlier this week. As of today the team has $7.79 Million in room under the salary cap.
New England has settled compensation grievances with Antonio Brown and Aaron Hernandez this past week. The Patriots initially owed Antonio Brown $9 Million, the settlement however has saved them $4 Million. Brown will receive just $5 Million instead, which is another win for the Pats.
The fact that the team saved any money comes as a surprise to many experts who didn’t believe the Patriots had a chance of recouping any money from Brown.
In addition to the $4 Million saved from Brown, New England received a $2.55 Million credit after finally settling a grievance with the late Aaron Hernandez.
Earlier this week the Patriots were basically doomed as far as salary cap space goes. They now stand at $7,794,739 Million available, which could allow for another splash signing.
As far as how the team should use this new found money, there’s a few options. Belichick could use it in house with roster bonuses, or hold onto it in case of injury during the season.
The team does have some needs on offense though, and one name jumps out to me is David Njoku. The tight end wants out of Cleveland, and Belichick has a good relationship with that organization. New England did move up in the draft to acquire two tight ends: Devin Asiasi and Dalton Keene. The Browns are reportedly looking for a mid round pick as compensation for Njoku, so it comes down to Belichick deciding if another pick is worth it.
David Njoku is a big upgrade over Matt LaCosse. Bill may choose to see how the position looks as is, since the team has lost another draft pick.
The list of free agents doesn’t stop with N’joku however, if the Patriots do decide to look into acquiring some help for the 2020 season Jadeveon Clowney, Damion Harris, Jason Peters and Kelvin Beachum are a few names to keep your eyes on.
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