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Patriots and Gronk agree to 6year/$54 Million Contract

Discussion in 'PatsFans.com - Patriots Fan Forum' started by Calciumee, Jun 8, 2012.

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  1. Calciumee

    Calciumee PatsFans.com Supporter PatsFans.com Supporter

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    #3 Jersey

  2. mayoclinic

    mayoclinic PatsFans.com Supporter PatsFans.com Supporter

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    That would seem fairly reasonable. $9M/year makes Gronk the highest paid TE in the NFL by a wide margin, and it rips up 2 years of his rookie deal. But it gives the Pats long term security and it's probably well below what Gronk could get on the open market (probably Mario Williams kind of money).
  3. ctpatsfan77

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    Last edited: Jun 8, 2012
  4. Deus Irae

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    Just a note here.... Schefter is calling it an extension, not a new deal:

    https://twitter.com/AdamSchefter/statuses/211130862111170561

    That would mean that Gronk's locked in for 8 years.
    Last edited: Jun 8, 2012
  5. Amazon4

    Amazon4 Rookie

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    Happy Dance!:singing:
  6. BradyBranch39

    BradyBranch39 Rookie

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    WOOOOOOOOOOOOoooooooooooooooooooo!!

    Stay healthy, Gronk!
  7. PatsSox363804

    PatsSox363804 Rookie

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    Very happy with how proactive they were on this.
  8. Calciumee

    Calciumee PatsFans.com Supporter PatsFans.com Supporter

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    That would be even better! But will have to wait and see!
  9. mgteich

    mgteich PatsFans.com Veteran PatsFans.com Supporter

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    We need to see the details. The total could be 6 or 8 years.

  10. jason423

    jason423 Rookie

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    If its a legit 6 year extension, meaning it ends in 2019, it must follow the Mayo model with bonus money now, no new salaries this year and next and then everything increases after that. Gets Rosenhaus his name back out there and Gronkowski happy and probably at low cap costs through 2015 or 16. Its a really smart cap move by New England
  11. serifyn

    serifyn Rookie

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    This is fantastic news.
  12. Zeus

    Zeus PatsFans.com Supporter PatsFans.com Supporter

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    Congratulations to Gronk! It's pretty rare for a guy to do what he has done - in two short years, he has established himself as the best player at his position, arguably one of the top ten players in the league and clearly among the most productive players in the game today.
  13. Deus Irae

    Deus Irae PatsFans.com Retired Jersey Club PatsFans.com Supporter

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    Of course. As I said, it was just a note about Schefter's tweet. The Patriots are so free with information that I'm sure we'll have every detail in 15 minutes or so. ;)
    Last edited: Jun 8, 2012
  14. mayoclinic

    mayoclinic PatsFans.com Supporter PatsFans.com Supporter

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    I guess this means the FO doesn't agree with Jermichael Finley's "Gronk has to show me something more" assessment.
  15. Bonzo

    Bonzo Rookie

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    Sincerely doubt it's the latter, regardless of Schefter's wording, but would be awesome if true!

    Btw, no matter that it's the richest deal for a TE in history; relative to what he'd score on the open market in 2014, this is a downright STEAL.
  16. BadMoFo

    BadMoFo Rookie

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    Wes must be extremely happy for him. :D
  17. Patriot_in_NY

    Patriot_in_NY Rookie

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    6 yr, 54M for a TE.......... Wow. They must really like this kid :cool:
  18. Kid~Brady

    Kid~Brady Rookie

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    But what about Wessy Welker? :p
  19. patchick

    patchick Moderatrix Staff Member PatsFans.com Supporter

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  20. MoLewisrocks

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    FWIW it is being reported as a 6 year extension tacked on to the two remaining seasons, SOP for the NEP. New money average is a market setter at $9M per but overall deal averages 8 years at $<7M. The real benefit to him will be in the guaranteed money and it will remain to be seen how the deal is structured (backloaded, frontloaded) and the likelihood he finishes the deal or one or the other is looking for restructure in 4 years...when all the guaranteed money is gone.
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