According to multiple reports, Patriots quarterback and restricted free agent Brian Hoyer has signed his second round tender with the team. The story was first reported by Sirius Radio's Adam Caplan, and has since been confirmed by other news outlets. The tender is worth a total of $1.92 million for 2012.
This news certainly isn't too surprising. When Hoyer first was given the tender at the beginning of last week, he reportedly was going to feel out the free agent market, to see if he could garner some interest in his services as a potential starter. That apparently didn't work out too well, so now the Patriots get Hoyer as their back-up quarterback for another year at a reasonable price.
Of course, if Hoyer has a great preseason, the team could attempt to trade him to a willing suitor, but I'm not sure how much any team would give up for him. I have confidence that Hoyer can be a solid starter at the pro level one day. It remains to be seen whether or not the Patriots will get any value for him when he inevitably departs.