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Patriots Sign Danny Woodhead to Contract Extension

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Ian Rapoport of the Boston Herald reports:

Patriots RB Danny Woodhead has a little something extra to be thankful for on Thanksgiving.

The diminutive back has reached a long-term contract extension with the Patriots, a source with knowledge of the situation told The Herald.

Woodhead has signed a contract that keeps him in New England through 2012. He received $425,000 as a signing bonus to go with his $395,000 in 2010 salary.

He's slated to earn $550,000 in 2011 and $700,000 in 2012, along with play-time incentives worth a possible $575,000 next year and a possible $600,000 in 2012.

More to come.