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Gronkowski's contract good for at least four years

June 12th, 2012 1:03 PM
  • Gronkowskis-contract-good-for-at-least-four-years
  • Credit: US Presswire

    • The New England Patriots officially extended their Pro Bowl receiving tight end Rob Gronkowski yesterday to what has been confirmed as a four-year deal with an option for an extension in 2015. It’s largely a back-loaded deal, with the cap hit on Gronkowski only being $2.66 million and $2.75 million in 2012 and 2013, respectively. The cap hit then increases to $5.4 million in 2014 and $8.65 in 2015. After the fourth year is when the Patriots have an option to either keep Gronkowski for the 2016 season at about $13 million, or to let him walk.

    This deal works out well for both parties. On one end, Gronkowski will make about six times more money in the next two seasons than he would have on his rookie contract. He also has the possibility to make a pretty penny if he continues to play at a high level and the Pats wish to extend him after four seasons.

    For the Patriots, this deal gives them considerable flexibility. If Tom Brady is gone by 2015 and the organization elects to enter a rebuilding status, they’ll be able to cut Gronk’s cap number out of the equation to look towards the future. Conversely, if New England still wishes to keep the beastly tight end’s services, they can then either A) take the option or B) restructure his contract to be more cap friendly.

    In any case, the Patriots have complete control of their physical specimen for the next several years.

    For a change, the initial reports regarding the value of a big-money contract mesh with the real numbers. We had the details Friday of tight end Rob Gronkowski's new contract.  The official figures are now in, and they reflect what originally was believed. The six-year extension creates an eight-year deal that amounts to, in reality,…

    Read the original post from profootballtalk.com

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