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Details released on the contracts of two new Patriots

After the signings of interior offensive lineman Luke Bowanko and tight end Troy Niklas were announced earlier this week, the details of the two one-year agreements were made public on Friday morning. The Boston Globe’s Ben Volin provided the insight.

The breakdown on Niklas’s deal:

2018

Salary: $790,000 ($100,000 guaranteed at signing)

Signing bonus : $75,000

Workout bonus: $75,000

2018 Cap Figure: $940,000

With the regime change in Arizona, the Cardinals decided to move on from the former second-round selection who never seemed to be able to get on track due to injuries throughout his first four seasons.

However, the Patriots clearly value the upside he possesses, as cutting the 270-pound Notre Dame alum would create $250,000 in dead money. The dead money doesn’t quite make him a lock coming out of training camp though, as the Patriots have shown the willingness to cut bait with under-performing tight ends with whom they’ve made a significant guaranteed commitment. See: Clay Harbor.

The breakdown on Bowanko’s deal:

2018

Salary: $790,000

Signing bonus : $75,000

2018 Cap Figure: $645,000

The fifth-year lineman’s deal is your run-of-the-mill Minimum Salary Benefit agreement, just like tackle Matt Tobin’s. He’ll presumably provide competition for players like Ted Karras and James Ferentz in training camp.

The moves bring the Patriots’ cap space figure, according to the NFLPA’s website, to $14,296,158, which does not include the recent signing of Jordan Matthews, but does include a $619,200 preemptive accounting charge for the team’s offseason workout bonuses. The figure is a presumption that 80 players will participate in 36 workout sessions at $215 per session. A credit will be applied to the team’s cap this summer if and when the actual payout figure is reported to the league.

Follow Brian Phillips on Twitter — @BPhillips_SB