Reggie Wayne Contract Details

FOXBOROUGH, Mass. -- Breaking down the one-year contract signed by veteran wide receiver Reggie Wayne with the New England Patriots:

Signing bonus: $450,000

Base salary: $1.1 million

Roster bonus: $750,000 ($46,875 per game on 46-man active roster)

Incentives: $250,000 for 55 receptions or $500,000 for 65 receptions

Maximum value: $2.8 million

Quick-hit thoughts: On Tuesday, Wayne said, "I just want to win, point blank." Thus, financials obviously aren't a top priority for him. But at the same time, they reflect the marketplace for the savvy veteran entering his 15th season, and also how the Patriots view his potential contributions. This isn't a minimum-level deal. The pure guarantee is the $450,000 signing bonus, and if Wayne makes the roster (which is likely), his $1.1 million base salary becomes fully guaranteed. At that point, he'd be guaranteed $1.55 million, with the chance to earn the remaining $1.25 million in per-game roster bonuses and incentives for receptions. For the Patriots, they have salary-cap space to absorb this charge with little impact from a big-picture perspective.


(espn.com)