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2016 NFL Free Agency: Patriots to Sign RFA WR Chris Hogan to a 3-Year, $12 Million Offer Sheet

Buffalo has five days to match the offer or else the wideout will join New England.

Timothy T. Ludwig-USA TODAY Sports

The New England Patriots need help at the wide receiver position and it seems that todaythey have taken the first step towards upgrading the positional depth chart. According to NFL Network's Ian Rapoport, the team will Buffalo Bills wide receiver Chris Hogan to an offer sheet.

Via Rapoport, the details of the front-loaded offer look as follows:

Barring a late snag,#Bills RFA WR Chris Hogan will sign a 3-year, $12M, heavily-guaranteed deal to join #Patriots. BUF has 5 days to match

Hogan is a restricted free agent and has been tendered at the lowest level, meaning that Buffalo has five days to match New England's offer or else the wide receiver switches teams. However, the Bills are short on money - having only around $4.5 million in cap space - and therefore might be forced to let the 27-year old wideout leave to join the AFC East rival Patriots.

If the Bills decide to decline the offer, the Patriots would not have to compensate the Bills for their loss because of his tender level and the fact that he was an undrafted free agent.