Can Patriots Gain Cap Relief With Latest Hernandez Indictment?

May 15, 2014 3:57 PM
Can Patriots Gain Cap Relief With Latest Hernandez Indictment?
" BOSTON (CBS) — Former New England Patriots tight end Aaron Hernandez was indicted Thursday in a double murder in Boston’s South End in 2012. If proven guilty, that would mean he signed a contract extension with the Patriots after killing two people. Hernandez is currently awaiting trial in another murder – the 2013 killing of Odin Lloyd in North Attleboro.

The Patriots had no comment on Thursday’s development, but the indictment makes it very likely that the team will seek relief from the $7.5 million cap hit Hernandez still carries for 2014.

Hernandez signed a five-year deal worth up to $40 million in August 2012, just one month after the Boston double murder. He went on to play 10 games for New England that season, catching 51 passes and five touchdowns.

The Patriots voided that contract and the guaranteed money Hernandez was to receive following his June 17, 2013 arrest for the Lloyd murder. But in doing so, they assumed the cap hit for 2014. Hernandez also filed grievances against the Patriots for over $6 million in salary, including a $3.25 million deferred payment of his signing bonus that was due to be paid on March 31 "

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