As you probably have heard, Martellus Bennett was claimed on waivers by the Patriots.
Greg Bedard has looked at its 53-man roster implications. Chris Price looked at team reaction, and the reaction around the league. I will dive into its salary cap implications for both sides.
By claiming Bennett on waivers, the Patriots have now become responsible for 8/17th of his 2017 salary ($423,529) and his $37,500 46-man roster bonuses ($300,000) for a total of $723,529. They are also responsible for the following:
- 2018 salary of $3.6 million
- 2018 $2 million roster bonus
- 2018 $250,000 offseason workout bonus
- 2018 46-man roster bonuses ($37,500 per active game)
- 2019 salary of $5.65 million
- 2019 $250,000 offseason workout bonus
- 2019 46-man roster bonuses ($37,500 per active game)
Geneo Grissom
should
Q: Does claiming Bennett mean the Pats have to pick up the contract they didn't want to pay him?
A:
Q: How does this (claiming Bennett) affect cap and Dwayne Allen?
A:
Q: I heard the Patriots are responsible for the remaining portion of Bennett's signing bonus proration ($4.2 million). Is that true?
A:
Q: How does this affect the compensatory pick formula?
A:
Q: How long is Bennett signed through?
A:
Q: Did Bennett have to clear waivers, or is he a vested veteran and could sign wherever? If it's waivers, how did he get through to New England?
A:
Q: At what point do you start worrying that the Patriots don't have enough cap space left for emergencies?
A:
Q: If no more personnel moves are made for the rest of the season, what do you project the Patriots will have in cap space next year?
A:
Please note that since this estimate will change frequently between today and March 14, 2018 — the first day of the new league year -- so I'll answer this question on a regular basis:
League cap
Prior year carryover
Adjustment
Patriots adjusted cap
2018 cap commitment
(After tendering Ted Karras as an ERFA and signing 10 practice squad players to future contracts, the Patriots should have 58 players signed or tendered for the 2018 season.)
2018 CAP SPACE: $11,100,000
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