New England Patriots Betting Odds 2014 – salary cap after releasing Hernandez

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As for how Hernandez being released affects the Patriots’ finances, here is how ProFootballTalk.com’s Mike Florio sees things going:

releasing Hernandez

By releasing tight end Aaron Hernandez, the New England Patriots have cast aside football concerns and have made the right call.

“For 2013, the Patriots will carry a $2.5 million charge for the portion of his $12.5 million signing bonus, paid last year,” he wrote. “Hernandez’s base salary of $1.323 million is fully guaranteed, and so the cap number will remain $4.073 million unless and until the Patriots can finagle a way to avoid paying him. (Chances are they’ll try.)

“Because the move comes after June 1, the balance of the cap charge will apply to 2014. That’s $7.5 million in signing bonus money, and possibly another $1.137 million in guaranteed salary. That’s $8.637 million that the Patriots will carry for Hernandez next year.”

Florio added that, theoretically, the Pats could “reduce that money by blocking the guaranteed payment(s) or recovering signing bonus money.”

That’s obviously a significant salary-cap hit for a guy who won’t be on their roster in 2013. It seems to suggest that the Pats made the decision to remove the distraction created by Hernandez’ legal troubles in spite of the financial affect it may have on their team.

Team  2014 Super Bowl XLVIII Futures Odds
Money Odds (Payout Per $100 Bet.)
Arizona Cardinals  +$20,000 (200 to 1)
Atlanta Falcons  +$1,800 (18 to 1)
Baltimore Ravens  +$3,500 (35 to 1)
Buffalo Bills  +$10,000 (100 to 1)
Carolina Panthers  +$5,000 (50 to 1)
Chicago Bears  +$3,000 (30 to 1)
Cincinnati Bengals  +$4,500 (45 to 1)
Cleveland Browns  +$7,500 (75 to 1)
Dallas Cowboys  +$3,500 (35 to 1)
Denver Broncos  +$700 (7 to 1)
Detroit Lions  +$5,000 (50 to 1)
Green Bay Packers  +$1,500 (15 to 1)
Houston Texans  +$1,800 (18 to 1)
Indianapolis Colts  +$4,500 (45 to 1)
Jacksonville Jaguars  +$25,000 (250 to 1)
Kansas City Chiefs  +$5,000 (50 to 1)
Miami Dolphins  +$5,000 (50 to 1)
Minnesota Vikings  +$5,500 (55 to 1)
New England Patriots  +$700 (7 to 1)
New Orleans Saints  +$2,000 (20 to 1)
New York Giants  +$3,000 (30 to 1)
New York Jets  +$10,000 (100 to 1)
Oakland Raiders  +$15,000 (150 to 1)
Philadelphia Eagles  +$4,000 (40 to 1)
Pittsburgh Steelers  +$3,500 (35 to 1)
San Diego Chargers  +$6,000 (60 to 1)
San Francisco 49ers  +$600 (6 to 1)
Seattle Seahawks  +$800 (8 to 1)
St. Louis Rams  +$7,000 (70 to 1)
Tampa Bay Buccaneers  +$6,000 (60 to 1)
Tennessee Titans  +$12,500 (125 to 1)
Washington Redskins  +$4,000 (40 to 1)

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