Patriots Notes: Salary Cap, Brady, Cannon

The Patriots still have $5.9MM in cap space this season, reports Ben Volin of the Boston Globe (via Twitter). He writes that they will likely lose some of that after incentives this season, but will likely roll the rest over into next season.

Here are some more notes surrounding the Patriots financials:

  • Assuming the Patriots do not cut Tom Brady before Week 17 (a pretty safe assumption by Volin), his base salaries for the next three years become fully guaranteed (via Twitter). This seemed like a bigger deal in early October.
  • Volin also came up with a few details on Marcus Cannon‘s extension (via Twitter). He writes that the $3.2MM signing bonus will be split over three seasons, and he will have base salaries of $1.2MM and $3.4MM the next two seasons.
  • For those looking at a more in-depth look of the Cannon extension, Field Yates of ESPN.com provides a comprehensive breakdown of how the contract is structured.
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