It’s rare to see a player rework a contract a little more than a month after initially signing it, but that’s just what Patriots wide receiver Julian Edelman did this week.
In Thursday’s release of transactions around the league, the NFL announced that Edelman and the Patriots had agreed to a renegotiated deal. Field Yates of ESPNBoston.com reports that the restructuring shifted $40,000 of a $50,000 workout bonus to a roster bonus that Edelman will receive if he is on the roster for the first week of the season.
Edelman is still recovering from the foot injury that ended his 2012 season and has not been able to participate fully in the team’s offseason workout program as a result. Shifting the parameters for the bonus allows him to recoup some of that money despite his injury as long as he doesn’t wind up getting cut as the Pats make their way to 53 players. It’s easy to understand why Edelman would agree to the tweak and the move acknowledges that the Patriots would have expected a healthy Edelman to be fully engaged during the offseason schedule.
None of the money in Edelman’s contract is guaranteed and Yates reports that there were also some slight alterations to incentives available to Edelman based on how many receptions he winds up with next season. The maximum potential value of the deal remains $1.015 million.