I was hoping the Packers might get him, but I would've had mixed feelings if they had made him the highest-paid TE in the NFL. I thought Bubba's contract was too high also, which was not a unanimous opinion when it was first signed. TE's are not worth huge contracts and mid-first round draft picks unless they are real difference makers--like some of those players who are now earning less than Graham.
Exactly, listen the bargains are never found at the beginning of the free agent period. They are found when the cash dries up. The Pats rebuilt their whole team in 2001 with cheap but solid veteran FA signings then won a superbowl with them, a lot of luck, and a little love from the tuck rule.