A few notes on the two-year contract signed by tight end Michael Hoomanawanui with the Patriots:
Signing bonus: $360,000
Base salary: $740,000 ($140,000 guaranteed)
Roster bonus: $100,000 ($6,250 per game that he is on 46-man game-day roster)
Base salary: $800,000
Roster bonus-1: $300,000 (paid on 5th day of league year)
Roster bonus-2: $100,000 ($6,250 per game that he is on 46-man game-day roster)
Hoomanawanui can earn up to $400,000 in incentives in each season.
QUICK-HIT THOUGHTS: This deal reflects how Hoomanawanui has carved out a nice niche with the Patriots as a reliable option at the position, and his presence takes on added importance when considering Rob Gronkowski's health considerations. With $500,000 in first-year guarantees and a maximum payout of $1.6 million in 2014, it is a well-deserved bump compared to last year when he had an injury split in his deal.