http://patscap.com/2014patscap.html
Miguel's '14 Pats cap snapshot for reference.
McCourty extension has to be one of the highest priorities IMO. Very good production, very versatile, strong presence in the locker room by all acccounts, has been reasonably healthy. Unless he's looking for something really stupid I expect he's locked up this offseason..
Solder extension not far behind on the priority list. Slater is also up after '14 as well as the Vereen/Ridley/Bolden troika (Id think they'd at least talk with Vereen). Mallett is up after '14, but I have to imagine he's going to look for a spot where he can play before he's 30.
Id like to sign Edelman, but I wouldnt give him something like the Amendola contract given a little bit of a cap crunch, youth at the position, and the fact that Amendola is almost certainly on the roster. Too bad the Pats didnt get him for two years when the market was non-existent last summer. Like you, Im a little confused where that market will shake out, hoping something like 3/12 gets it done.
Wilfork has to be either restructured or cut for $11MM (would save $7.5MM). I would guess it depends on how he looks in the offseason coming off of surgery how a restructuring would shake out.
Potential cuts/restructures besides Wilfork are Connolly ($2.5MM savings, Id lean cut), Ghost (restructure/extension, $3.8MM cap number for a kicker is high), Sopoaga (near certain cut, saves $2MM, sucks to eat the $1MM of dead money given he's done shit), Gregory ($1.8MM of savings, Harmon has looked decent, Id lean cut but BB seems to value his consistency), Adrian Wilson (id think cut to save $600K but hard to say)
Id expect they guarantee a couple of salaries/convert into bonuses to help effectively spread out the dead money lump from Hernandez
As of now Id say they need to get a vet FA/spend a reasonably high draft pick on a TE and interior DL and they have to think about what to do at interior OL with Connelly and Wendell and at RB given Blount is a FA this season and everyone else is up next year.
Everywhere else on the roster is servicable or better as is, so can just take the best available upgrade opportunities.
EDIT: I think Talib is gone, I expect someone to pay for what he showed to start this season and I dont think it will be NE. Ryan/Dennard/McCourty/Harmon with Arrington in the nickel and Gregory if they keep him is a decent group even if Talib walks.