Sport NFL Rumors: How Patriots stayed under salary cap with Cam Newton deal
Patriots signing Cam Newton to 1-year deal, per report
Newton's deal is reportedly worth up to $7.5 million.The deal is reportedly laden with incentives for the former league MVP, who can make up to $7.5 million, per the NFL Network. Newton was released by the Panthers in mid- March after his 2019 season was cut short by injury. He now joins Jarrett Stidham, Brian Hoyer and two undrafted rookies in the team’s quarterbacks room.
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The New England Patriots entered last weekend with, the lowest amount of any NFL team.
So, how the heck were they able to sign a former NFL MVP?
It's a fair question after New England reportedly inked free-agent quarterback Cam Newton to a one-year contract Sunday. We discoveredWednesday, per reports: He has a base salary of $1.05 million ($550,000 of which is guaranteed) with incentives that can bring his earnings up to $7.5 million.
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According to Boston.com salary cap expert Miguel Benzan, the Patriots havefollowing Newton's signing. If you're wondering how Newton's deal cost New England less than $400,000 in cap space, Benzan would like to refer you to the "Rule of 51."
Yes because Newton's deal displaced Tashawn Bower's $750K salary from the Top 51 list. No.— Cap Space=$263,489 (@patscap)
The "Rule of 51" in the NFL's collective bargaining agreement is pretty straightforward: During the offseason, only the players with the 51 largest cap hits for the season are counted toward the salary cap.
Newton's deal -- which carries, per Benzan -- bumps practice squad defensive lineman Tashawn Bower out of the top 51, meaning his $750,000 deal currently doesn't count against the cap.
Dalton Keene responds to Skip Bayless' criticism of Patriots' rookie tight ends
The bulletin board material for the New England Patriots keeps coming in, and the latest comes from Skip Bayless. The co-host of FOX Sports 1 show "Undisputed" was recently reacting to the Patriots reportedly agreeing to sign quarterback Cam Newton when he took a shot at New England's rookie tight ends Dalton Keene and Devin Asiasi. Keene went to Virginia Tech and Asiasi attended UCLA. Both were selected by the Patriots in the third round of the 2020 NFL Draft.
So, the Patriots effectively replaced Bower's contract with that of Newton, a difference of just under $400,000.
The "Rule of 51" only applies to the offseason, so Bill Belichick may have to do more maneuvering before the regular season begins. But as Benzan recently pointed out, Newton's incentives could be classified as "not likely to be earned," which means they wouldn't count against New England's 2020 salary cap even if he reaches them.
Since Cam Newton played in so few games in 2019 it is very likely all of his incentives will be categorized NLTBE for 2020. If he earns them then the Patriots 2021 cap. If his 2020 cap number is no more than $1.4M Pats do not have to create any cap space— Cap Space=$263,489 (@patscap)
In any case, it's remarkable (or) that New England was able to land a three-time Pro Bowl QB like Newton for such a discount.
Cam Newton’s contract ranks 53rd among NFL quarterbacks
Newton agreed to a one-year deal with a base of $1.05 million, but could earn another $700,000 in per-game roster bonuses and up to $5.75 million in additional incentives. The maximum value of his contract is $7.5 million.According to the Globe’s Ben Volin, Newton’s cap number, $1.1375 million, ranks 53rd among NFL quarterbacks. New England’s quarterback room carries the lowest price tag in the NFL, and in addition to Newton consists of Brian Hoyer ($1.05 million), Jarrett Stidham ($834,028), J’Mar Smith ($611,666) and Brian Lewerke ($610,833).After getting drafted No.
Patriots 2020 QB salary cap numbers:
Cam Newton $1.1375m
Brian Hoyer $1.05m
Jarrett Stidham $834,028
J'Mar Smith $611,666
Brian Lewerke $610,833
Top 51: $3,021,528
Lowest QB spending in the NFL.— Ben Volin (@BenVolin)
The 31-year-old was hampered by shoulder and foot injuries over the last two seasons, though, which apparently scared other teams away before the Patriots swooped in Sunday.
Patriots officially announce Cam Newton signing 10 days after Newton confirmed the news .
It’s official: The New England Patriots have signed quarterback Cam Newton. Newton confirmed that news on his Instagram page later that day. A Patriots logo appeared at the end of that video, making it clear Newton was headed to New England. If the news was expected, why did it take so long for the Patriots to announce the signing? It likely had to do with Newton passing his physical. He was reportedly in New England on July 4 to take his physical. It’s also possible the Patriots wanted to clear up some cap room before announcing the signing.