Monday, March 31, 2014
Closer look at Vince Wilfork's cap hits
By Mike Reiss and Field Yates
One of the initial questions that was asked when details of Vince Wilfork's renegotiated contract surfaced was, "What are the salary-cap charges?"
Here is the breakdown:
2014: $6.8 million (if Wilfork maxes out incentives, can rise to $10.7 million)
2015: $8.4 million (can rise to $8.9 million with incentives)
2016: $6.4 million (can rise to $6.9 million with incentives)
Wilfork was scheduled to count $11.6 million against the 2014 salary cap, so the renegotiation saved the team $4.8 million at the present moment. The $6.8 million cap charge for 2014 accounts for previous accelerations of bonuses.
Of course, that leads to the next question: How much salary-cap space do the Patriots currently have?
Salary-cap space is fluid, so we'll stick with a general range of $6-9 million at this time, which gives the team some moderate breathing room when considering some future cap charges (e.g. draft picks etc.).