Blog Entry

Pats give Logan Mankins $20 million signing bonus

Posted on: August 11, 2011 6:25 pm
  •  
 
Posted by Ryan Wilson

It took a while, but the Patriots and guard Logan Mankins finally came to terms on a new contract, one that will keep the team's 2005 first-round pick in New England for the next six seasons.

What wasn't clear when the deal was first announced were the terms. Now, thanks to ESPNBoston.com's Mike Reiss, we know and … well, wow. It's a six-year, $51 million contract which, as Reiss notes, makes Mankins the league's highest paid interior linemen, pulling down roughly $8.5 million a year. But it gets better (at least for Mankins): he also got a $20 million signing bonus.

Mankins' 2011 salary is now $1.5 million and together with his signing bonus means that, as PFT's Michael David Smith points out, he'll make more than twice what he would've had coming to him if he had played the season on his one-year franchise tender.

"From this perspective, it looks like the Patriots gave Mankins credit for playing 2010 at a prorated $1.5 million salary and stepped up with a top-of-the-line offer that Mankins could have commanded on the open market," Reiss writes. "One of the benefits to the team in doing so is that Mankins' salary cap charge of $10.1 million also gets reduced to about half of that."

It wasn't long ago that it appeared Mankins had played his last game in New England. Now, not only have the two sides come to an agreement, the Patriots went ahead and paid Mankins like one of the league's best guards (which he most certainly is). It just makes us wonder why they didn't do this last year, before Mankins missed most of the season looking for a new contract and trying to avoid the franchise tag.

New England might not have wanted to set a precedent for caving to the demands of players who hold out, but that "bite off your nose to spite your face" strategy can backfire, too. Luckily, the Pats managed to win 14 games last season, many of them without Mankins, so they could afford to wait to pay him.

For more NFL news, rumors and analysis, follow @EyeOnNFL on Twitter and subscribe to our RSS Feed.
  •  
Comments

Since: Dec 2, 2011
Posted on: January 17, 2012 9:10 am
 

Pats give Logan Mankins $20 million signing bonus



fghdfre
Since: Dec 2, 2011
Posted on: January 1, 2012 4:53 pm
This comment has been removed.

Post Deleted by Administrator



hgtrerte
Since: Dec 2, 2011
Posted on: December 26, 2011 7:27 pm
This comment has been removed.

Post Deleted by Administrator



tomlye
Since: Nov 28, 2011
Posted on: November 29, 2011 6:08 pm
This comment has been removed.

Post Deleted by Administrator



Tomly
Since: Oct 21, 2011
Posted on: October 24, 2011 12:09 pm
This comment has been removed.

Post Deleted by Administrator




Since: Aug 18, 2006
Posted on: August 12, 2011 12:27 am
 

Pats give Logan Mankins $20 million signing bonus

Never heard of Mankins? What NFL do you watch? OK I get it that you don't follow that closely but come on. His holdout (and VJax) was a big deal last year and he was part to the lawsuit against the NFL.



Since: Aug 7, 2008
Posted on: August 11, 2011 9:57 pm
 

Pats give Logan Mankins $20 million signing bonus

For a guy that's being paid 20 mill how come I have never heard of him until now? Yes, I am familiar with the old saying "a good lineman is one that does not make you aware that he is there". There are plenty of lineman who make themselves known by giving up a ton of sacks or by getting flattened by the opposition. 


Still....20 mill for an offensive lineman...wow! and for a guy who plays guard...one of the most unheralded positions on the o-line. 



Since: Apr 3, 2009
Posted on: August 11, 2011 8:13 pm
 

Pats give Logan Mankins $20 million signing bonus

Thats a hell of alotta money for a lineman.


harwich82
Since: Apr 28, 2011
Posted on: August 11, 2011 7:05 pm
This comment has been removed.

Post Deleted by Administrator



The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com