Patriots extend offer to key defensive back

The cap spiking to $255.4M has made it more expensive to tag a safety; that number checks in at $17.12M. This is considerably higher than what it took for the Bengals to keep Jessie Bates off the 2022 market ($12.9M). That complicates matters for the Pats. The Giants are believed to be considering the lesser-used transition tag for safety Xavier McKinney; that would cost $13.82M. A transition tag does open the door to offer sheets, as no compensation comes back to teams in the event of an unmatched offer. A franchise tag all but slams the door on a player signing elsewhere.

Already prepared to spend more than they traditionally do in free agency, per Jerod Mayo, the Patriots giving GM power to Eliot Wolf does make that somewhat interesting. The Packers were not known for such activity during Wolf’s time under Ted Thompson. But Green Bay regularly retained its own talent during that long-running regime. In Dugger and Michael Onwenu, the Patriots have two players who are set to be top UFAs soon. Both will be expensive to retain.

Bill Belichick held onto Dugger and Onwenu at the trade deadline; both were rumored candidates to be moved as the team found itself in the rare position as a potential midseason seller. Dugger played 97% of the Pats’ defensive snaps last season, and with Mayo and DeMarcus Covington sticking around, the former second-round pick offers continuity for a team that just released Adrian Phillips. Dugger played ahead of the veteran in 2023. PFF only ranked Dugger 68th among safeties last season but viewed his 2022 more favorably; the Lenoir-Rhyne alum returned two interceptions for touchdowns that year. Although Dugger has fared better closer to the line of scrimmage, he has nine INTs over the past three seasons.

The Patriots are among the league leaders in cap space, holding $78.1M as of Thursday afternoon. That sits third in the NFL, though teams have a number of days to organize their budgets ahead of the 2024 league year. Keeping Dugger would also be a notable transaction due to the team’s run of not re-signing recent high draft choices. The team has not extended a homegrown first-, second- or third-round pick since re-signing 2013 third-rounder Duron Harmon in 2017.