Contract shows Patriots pay Nelson Agholor as a starting receiver

Based on initial reports, the New England Patriots spent more than $ 250 million total contractual value on the first two days of the NFL’s legal turmoil alone: ​​they signed eight outfielders and also kept two of their own free agents in the kraal. . As always, the numbers initially reported show only a fragment of the picture and more details need to be judged properly.

The details, at least when it comes to another one of the deals the Patriots signed early Monday during the legal tampering, are now reported by Albert Breer of Spots Illustrated: Nelson Agholor has reportedly agreed a $ 26 million two-year deal with New England, but as the more thorough explanation shows, the actual impact on the team’s books is a little smaller than that.

Miguel Benzan, better known as Pats Cap on Twitter, outlined the deal in more detail. Let’s look at it

WR Nelson Agholor: two years, $ 22 million

• Salary: $ 10 million
• Signature bonus: $ 10 million
• Schedule Bonuses: $ 2 Million
• Tax figures: $ 7 million (2021), $ 15 million (2022)

Agholor’s deal with the Patriots is pretty straightforward. His signing and roster bonuses are split between the two years, while he plays on $ 1 million and $ 9 million salaries respectively. Given this structure, New England could very well decide to separate from the former first-round draft after one season: the Patriots would take a $ 5 million cost of a death capitalization if they did so in 2022 – the remaining bonus for the signing – but would save the other $ 10 million in cap savings. The Agholor agreement is essentially another contract with a piece of evidence.

Please see for a more detailed explanation with this image.

Patriot Analysis

While Agholor can only achieve the original reported total value of the deal through escalators worth $ 2 million that are unlikely to be earned, the Patriots are paying him pretty well after spending the 2020 season on a minimum wage contract: he get a starter level money over the next two seasons and so they should be expected to play a prominent role in their passing game at least this year.

That said, Non-England did not spend too much when he compared himself to other wide players in the league. His 2021 number is currently 27th in the NFL, according to Over the Cap, meaning he stands behind players like Randall Cobb, Alshon Jeffery and Jamison Crowder, who all posted worse or similar stats last year. All in all, Agholor’s contract is a reasonable contract that will give the team some flexibility over the course of 2022.