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2018 NFL free agency: Details released on Matthew Slater’s new two-year deal with the Patriots

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Super Bowl LII - New England Patriots Media Availability Photo by Elsa/Getty Images

After the announcement earlier in the week that veteran special teams captain Matthew Slater would be back in Foxborough for the next two seasons, the details of the agreement have been released. According to the Boston Globe’s Ben Volin, the deal is worth $5.2 million.

ESPN’s Mike Reiss added additional details as well.

The breakdown:

2018

Salary: $1,200,000

Signing bonus proration: $500,000

Per-game roster bonuses: $225,000 ($25,000 per game, 9 games “likely to be earned”)

Incentives: $100,000 (considering them “not likely to be earned” until confirmation)

2018 Cap Figure: $1,925,000

2019

Salary: $1,600,000

Roster/Option bonus: $400,000

Signing bonus proration: $500,000

Per-game roster bonuses: $400,000

Incentives: $100,000 (considering them “not likely to be earned” until confirmation)

2018 Cap Figure: $2,900,000

As Volin reported, the linchpin of the contract is the $400,000 roster bonus due at the beginning of the 2019 league year. Next season will be the 11th of Slater’s career, and he has missed 10 games over the past two seasons due to injury.

In past contracts, Slater’s incentives have been tied to being selected on the first ballot to the Pro Bowl. If his currently unspecified incentives are as well, then they will be considered “likely to be earned” for 2018, since he earned the honor for the 7th time last season. This would increase his 2018 cap figure to $2,025,000.

The re-signing of one of the team’s vocal leaders continues to show the Patriots’ schematic and financial devotion to the critical third phase. Slater rejoins unit stalwarts a Nate Ebner, Brandon Bolden, and Brandon King as a free agents whom the Patriots decided to bring back in 2018.

The transaction costs the Patriots $1,395,000 in net cap space after Slater replaced a player in the top-51. They now have just under $10 million in cap space moving forward.

Follow Brian Phillips on Twitter — @BPhillips_SB