The New England Patriots find themselves in unchartered territory, boasting a 2-5 record after four consecutive losses. Despite the current state of the Patriots, Bill Belichick doesn't seem too concerned due to the team's future cap situation, per NESN's Doug Kyed.
Belichick was asked by @McKennAnalysis if the Patriots are looking to preserve their cap space to carry over into next season when the cap is being lowered.
"That's definitely an accurate perspective you've identified."
— Doug Kyed (@DougKyed) November 3, 2020
Following the loss of Tom Brady, the Patriots were dealt a terrible hand when it comes to the salary cap. The team was limited in their financial resources and they didn't have a definitive option to replace the future Hall of Fame quarterback.
However, due to a slew of opt-outs because of COVID-19 concerns, New England suddenly had a decent amount of money to work with. At the same time, Cam Newton fell into their laps later in the offseason, signing him to a cheap one-year deal.
While everything seemed to be going according to plan to begin the season, the Patriots have now lost four consecutive games, something that is an unusual sight during Bill Belichick era. Barring a complete turnaround, New England could have its first season where it won fewer than 10 games since 2002.
Ahead of Tuesday's trade deadline, the Patriots currently have $22.6 million in available cap space if they wanted to make some moves. But with the salary cap expected to be reduced in 2021 due to COVID-19, Bill Belichick is taking a cautious approach this season.
Instead of spending money, the Patriots will likely roll their money over into next season. As of this moment, New England is projected to have $66 million in cap space and the players who opted-out will be back on their roster.
In an offseason that could see a few big names from teams who are attempting to get under the cap, the Patriots are positioning themselves well for 2021. Even though everything appears to be dire in Foxborough, Bill Belichick appears to have a plan in place for next season.
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