What Is Patriots’ Salary Cap Situation Ahead Of NFL Trade Deadline?

The Patriots have plenty of cap space to swing a trade

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Oct 30, 2020

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      The New England Patriots are in an unusual position with the sixth-most salary cap space in the NFL.

      A reminder: The Patriots gained almost all of their $22.9 million in cap space this summer well after the initial waves of free agency through opt-outs and contract grievance settlements.

      Another reminder: They can carry it over into the 2021 season when the salary cap is expected to be much lower due to money lost from the COVID-19 pandemic.

      The Patriots could open even more salary cap space by trading cornerback Stephon Gilmore (around $9.6 million, per @PatsCap) or guard Joe Thuney (about $8.7 million) before Tuesday's NFL trade deadline.

      Trading for a player like wide receiver Adam Thielen would eat up about $5.9 million in cap space. And while it would be extremely unlikely, acquiring wide receiver Julio Jones also would take up around $5.9 million in cap space.

      The Patriots currently have $66,538,531 in cap space for the 2021 season, per OverTheCap.com.

      So, they certainly have the money to wheel and deal before the trade deadline on Nov. 3 at 4 p.m. ET. They also have future cap space in case the player they're acquiring is expensive in 2021 and beyond.

      Thumbnail photo via Winslow Townson/USA TODAY Sports Images
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