Stephon Gilmore reportedly helps Patriots free up cap space

Ryan Hannable
March 22, 2019 - 7:49 am

It isn't an extension for Tom Brady, but the Patriots have freed up some cap space.

According to ESPN's Field Yates, the Patriots have converted $8.5 million of Stephon Gilmore's contract into a signing bonus, thus creating $5.67 million in cap space for 2019. This leaves the Patriots somewhere in the $7-8 million range in terms of cap space, as they have been right up against it in recent weeks.

This certainly gives the Patriots the opportunity to sign a few more players.

There could be more maneuvers to come to free up even more cap space, but this was a good start.

New England still has needs at wide receiver, defensive line and offensive tackle that it likely would like to sure up before the draft.

Related: Patriots reportedly meet with two West Virginia wide receivers

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