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Wednesday, June 26, 2013
Schefter: Pats must pay Hernandez's bonus

By James Walker

The New England Patriots made a decision Wednesday to swiftly release star tight end Aaron Hernandez before the legal system ran its course. Hernandez is being investigated in a homicide probe of a 27-year-old Boston man in Massachusetts.

According to ESPN’s Adam Schefter, releasing Hernandez now eliminates any chance of New England recouping the upfront bonus money. Hernandez’s five-year, $40 million extension included a $12.5 million signing bonus.

By releasing Aaron Hernandez today, Patriots have waived all rights to recoup bonus money or salary through the CBA.

— Adam Schefter (@AdamSchefter) June 26, 2013

Aaron Hernandez's new salary-cap charge in 2013 is $5.092 million, an increase of $1.019 million.

— Adam Schefter (@AdamSchefter) June 26, 2013

Aaron Hernandez's 2014 salary-cap charge will be $7.5 million, which is remaining pro-ration of his signing bonus.

— Adam Schefter (@AdamSchefter) June 26, 2013

The Patriots could have waited to release Hernandez and let legal situation play out. But it’s clear the team would rather take the financial hit now and move on with its season rather than to put up with a major distraction.