Mike Reiss wrote
Currently, however, the team finds itself in a tight spot at a time when the league counts only a squad's top 51 players against the cap.
According to an early-June NFL salary cap report obtained by the Daily News, the Patriots are only $1,009,483 under their cap of $80.5 million. Only three teams -- Denver at $666,135; Pittsburgh at $552,866; and St. Louis at $28,832 -- have less cap space.
At the other end of the spectrum are New Orleans ($11,606,758), Philadelphia ($10,346,261), Dallas ($10,251,532) and the New York Giants ($8,675,490).
Closer to home, fellow AFC East teams Buffalo ($6,673.235), Miami ($5,355,669) and the New York Jets ($3,435,087) are in the middle ground.
Is this cause for alarm in New England?
Not exactly, but considering the Patriots still have to sign seven draft choices -- for which they can spend up to a league-determined $4,130,000 -- there will have to be some changes in the weeks before training camp.
Such alterations are usually contract restructures/extensions that create more cap space, but here's where things get a bit sticky.
The two players who can help the Patriots the most in this department are cornerback Ty Law and quarterback Tom Brady, who between them count for almost $18.5 million worth of cap space (Law in the $10 million range; Brady in the mid-$8 million range) -- or about 23 percent of what the team can spend.
This is usually a prescription for trouble, but we know how things went with Law (signed through 2005), who went bonkers after the team's first contract offer.