Where they stand: The Patriots would like Talib back, and Brent Grimes' four-year, $32 million contract with $16 million guaranteed in Miami provides a ballpark for the marketplace. Is that too rich for the Patriots? The club would also like Edelman back, but after investing in a receiver with a similar skill set last offseason (Danny Amendola), it will be interesting to see how far the Patriots are willing to extend to do so. Talib is the key piece, and similar to Wes Welker last year, it makes sense to think the team will quickly move to Plan B if a deal isn't struck by the start of free agency.
What to expect: The Patriots aren't flush with cap space, and Bill Belichick often says that free agency is one slice of the team-building process, along with the draft and trades. A focus on retaining their own, with a few complementary pieces from other teams added in free agency, would be our best guess as to how the Patriots approach things in 2014. Key spots in addition to retaining Talib and Edelman are adding a more dynamic presence at tight end, more pass-rush help and depth at defensive tackle.