Last updated on March 15, 2016 8:00 PM EDT

Chris Hogan

Year Salary Roster Bonus Total Cap Figure Cash Received Remaining Guaranteed Money Cap Hit if Cut Cap Savings if Cut or Traded Comments
2016 $1,000,000 $4,500,000 $5,500,000 $7,500,000 $7,500,000 $7,500,000 -$2,000,000
2017 $2,500,000 $500,000 $3,000,000 $3,000,000 $2,500,000 $2,500,000 $500,000
2018 $3,000,000 $500,000 $3,500,000 $3,500,000 $3,500,000

The Patriots signed Chris Hogar to an offer sheet on March 11, 2016.

On March 15 ESPNBoston.Com's Mike Reiss gave us a "closer look at the contracts signed by New England Patriots wide receiver Chris Hogan...and what they mean for the club and player:

Terms: 3 years, $12 million
Signing bonus: None

Base salary: $1 million (guaranteed)
First roster bonus: $4 million (due on March 14)
Second roster bonus: $500,000 ($31,250 per game on 46-man roster)
Cap charge: $5.5 million

Base salary: $2.5 million (guaranteed)
Roster bonus: $500,000 ($31,250 per game on 46-man roster)
Cap charge: $3 million

Base salary: $3 million
Roster bonus: $500,000 ($31,250 per game on 46-man roster)
Cap charge: $3.5 million

ANALYSIS: The main thing about this deal is that the Patriots had to structure it with a $5.5 million cap charge in the first year to make it more difficult for the cap-strapped Buffalo Bills to match, as Hogan was a restricted free agent. To do so, the sides did not include a signing bonus -- which would have been prorated over three years on the cap -- and instead included $4.5 million in roster bonuses in 2016. By doing that, the entire $4.5 million in roster bonuses counts against the cap, in addition to the $1 million base salary. The total guarantee in the deal is $7.5 million, which is a nice haul for Hogan and reflects how the Patriots view him as a significant part of their plans.

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