Every year I am amazed at how little reporters understand the salary cap rules, and this year is no different. Ryan Hannable wrote an article today discussing the NE salary cap situation.
LINK
He explained the team needs to sign their draft class and that will take up $6M. Technically, it will take about $8.9M to sign their draft picks, but that’s not the point. Only players that are in the team’s Top 51 contracts will count against the tap . . . and only the difference in the contracts they are replacing. The only rookie that would apply to would be Mac Jones. Bottom line, NE really doesn’t have to use much cap space at all on their rookie draft class.
They also will net $750,000 in cap room when Chung officially retires in a couple of weeks. At that point they will lose $3.6M in dead cap money for next year.
I understand that a lot of this stuff is hard to follow. It seems like no one in the media understands how things work and many seem oblivious to it.