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In his Monday Morning Quarterback column, Peter King of SI.com has the goods on Adalius Thomas's contract with the Patriots: • Signing bonus: $12 million in 2007.• Option bonus: $8 million payable in 2008, applied for cap reasons in equal $2 million increments in 2008, 2009, 2010 and 2011.
• Salaries: $900,000 in '07, $900,000 in '08, $1.9 million in '09, $4.9 million in '10 and $5.9 million in '11.
• Workout bonuses: $107,000 annually if he participates in the Patriots' offseason workout program in Foxboro.
• Cap numbers: In succession, beginning this year, $3.4 million, $5.4 million, $6.4 million, $9.4 million, $10.4 million.
To put it another way, this is a front-loaded contract in terms of the value to Thomas (he'll make $22 million between now and December 2008) but a back-loaded contract in terms of the cap charge to the Patriots. Thomas will be a very good player for a very reasonable price in 2007. But in 2011, when Thomas is 34 years old and almost certainly not nearly as effective, he's going to cost quite a bit of money against the Patriots' cap.
Bottom line: The Patriots are mortgaging the future to win now.
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