The starter running back and the New England Patriots have agreed to a four-year, $36 million contract extension, as Adam Schefter of ESPN first reported on Thursday.
Based on total value, OverTheCap.com ranks the deal sixth in the NFL at this position. It contains a fully guaranteed $17 million.
Since being selected by Foxborough at No. 120 overall in the fourth round of the 2021 selection, Stevenson, 26, has made 41 appearances in games. The University of Oklahoma and Cerritos College product has 2,265 rushing yards on 499 runs, 782 receiving yards on 121 catches, and 15 touchdowns overall.
Ian Rapoport of NFL Media reports that Stevenson’s new contract includes a $8 million signing bonus and up to $12 million in incentives. become accessible in 2025.
Stevenson recorded a career-high 1,461 scrimmage yards in 2022, leading the Patriots in receptions and sharing the team lead in touchdowns. But despite twelve starts, 857 offensive yards, and four trips to the end zone, the previous season ended on injured reserve due to a high ankle injury.
Now 1,450 snaps into his career with the team, Stevenson has spoken about extension negotiations outside Gillette Stadium during required minicamp.
“It’s something you have to consider,” the 227-pound, 6-foot-9 back told reporters on June 10. However, at the moment, all I’m focused on is closing the deal and locking in the extension. It’s not too far off.
Stevenson’s current deal, which runs through 2028, calls for a base salary of $3.116 million in addition to
in the last year of his rookie contract, with a cap number of $3.303 million.
Head coach of the Patriots Jerod Mayo stated earlier in the month, “I will say this about Rhamondre: I think he’s one of the better backs in the league.” There is no denying it. I believe that he has had a difficult time getting started over the past few years, so I’m eager to see what he does this season.
On July 19, rookies for the Patriots are scheduled to report to training camp. On July 23, veterans will come first.
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