The Patriots came to terms with their second round pick, tight end Rob Gronkowski, on Sunday, the day rookies were required to report to training camp.
According to Mike Florio at Pro Football Talk, the deal is worth $4.44 million over four years.
Gronkowsi's deal pays a signing bonus of $1.76 million and a one-time incentive based on minimum playing time in the amount of $830,000.
The contract includes minimum base salaries ($320,000 in 2010, $405,000 in 2011, $490,000 in 2012, and $575,00 in 2013). The 2013 base salary is fully guaranteed for skill and injury. Also, $255,000 of the 2012 salary is guaranteed. (Once the one-time incentive is earned, the base salaries become non-guaranteed.)
In all, $2.59 million is guaranteed; the only question is whether it the $830,000 above and beyond the signing bonus comes from the one-timer or the guaranteed base salaries in 2012 and 2013.
This leaves 2010 NFL Draft picks Devin McCourty (first round) and Brandon Spikes (second round) unsigned.