The details of Aaron Hernandez' contract extension are now known, and the third-year tight end will receive the largest signing bonus ever for someone at his position at $12.5 million, sweetening a deal that will keep him in New England through 2018.
Aaron Hernandez Secures Biggest Signing Bonus Ever For Tight End, According To Report
Hernandez will still make base salaries under $1 million the next two seasons, but after that, he's added a five-year, $40 million extension, which includes $16 million of guaranteed money. Hernandez will be making more per year and features more guaranteed money than Rob Gronkowski, who renegotiated his deal to make him the then-fifth-highest paid tight end to the league in June. However, Hernandez' deal is a year shorter.
Hernandez asked that a $50,000 donation be given to the Myra Kraft Foundation in his contract to thank the Patriots’ owner, Robert Kraft, for drafting him and agreeing to negotiate the extension.
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