Details Released For Patrick Chung’s Contract Extension With Patriots
The full details of Patrick Chung’s contract extension with the Patriots are out, thanks to Ben Volin of the Boston Globe.
Chung was already under contract for the 2018 season, but he gets a pay-raise in the form of guaranteed money instead of incentives. He is guaranteed $4 million in 2018, which is comprised of a $3.6 million signing bonus and a $400,000 roster bonus. He can earn up to $5.4 million in salary and bonuses next season.
His total three-year deal is worth up to $10.2 million. Here’s the full breakdown, courtesy of Volin…
2018:
$4 million guaranteed ($3.6 million signing bonus, $400,000 guaranteed roster bonus)
$915,000 base salary
$400,000 in per-game roster bonuses
$85,000 workout bonus
$3.8 million cap hit
2019-2020:
$1.9 million base salary
$400,000 in per-game roster bonuses
$100K workout bonus
$600,000 in incentives
$4.2 million cap hit
Volin noted that the Pats were able to give Chung a raise without affecting his cap number; his hit is still just $3.8 million for 2018, as it was before. He used that as a springboard to show that the Pats could do the same with tight end Rob Gronkowski, to make him happy and keep the team’s cap exactly where it’s at. They’re currently at around $10 million for cap space.
Chung has been a versatile, reliable safety since beginning his second stint with the Patriots in 2014. He’ll once again be used in coverage against tight ends, as an extra linebacker against the run, and as a nickel corner when needed.
— By Matt Dolloff, 985TheSportsHub.com
Matt Dolloff is a digital producer for 985TheSportsHub.com. Any opinions expressed do not necessarily reflect those of 98.5 The Sports Hub, Beasley Media Group, or any subsidiaries. Have a news tip, question, or comment for Matt? Follow him on Twitter @mattdolloff or email him at [email protected].