The New England Patriots have won six Super Bowls over the last 20 years in part by spending wisely.
Is that all about to change?
The Patriots currently have the least amount of cap space of any NFL team at $1.85 million, per Spotrac. Part of the reason for that is the amount of money they're paying to players who won't play for them in 2020 -- otherwise known as "dead money."
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In fact, New England currently owes $24 million in "dead money," which according to Spotrac puts the team in dubious company.
Updated #NFL Dead Cap Leaders— Spotrac (@spotrac) June 2, 2020
1⃣ #Panthers, $48M
2⃣ #Jaguars, $37M
3⃣ #Rams, $34M
4⃣ #Patriots, $24M
5⃣ #Dolphins, $22M
Since 2015, only 3 teams with Top 5 dead cap have posted a regular season record over .500.https://t.co/dWFbb7E552
Let's just say the Panthers, Jaguars, Rams and Dolphins aren't expected to be Super Bowl contenders in 2020.
And if the last four seasons are any indication, the Patriots would be bucking a trend just by going 9-7 in their first season of the post-Tom Brady era.
Brady is the primary reason why New England is in this position: He accounts for $13.5 million of that $24 million number, while Antonio Brown is next-closest with $4.5 million in dead money owed.
But such was the contract that Brady signed last August that gave him a potential out in 2020 -- one he took to join the Tampa Bay Buccaneers rather than take another pay cut to stay in New England.
The Patriots, who have signed all of their 2020 draft picks, still can create extra cap space by trading or extending offensive guard Joe Thuney, who currently has a $14.7 million cap hit that's second-highest on the team.
New England also could restructure the deals of several other players -- like it did recently with Patrick Chung -- to free up more space.
That dead money isn't going away, though, so Bill Belichick and presumptive starting quarterback Jarrett Stidham have another historic precedent to overcome this season.