Bailey played in 58 games during his tenure in Foxborough. The Stanford product earned Pro Bowl and first-team All-Pro honors as a sophomore, which triggered the league’s proven-performance escalator for the final year of his rookie deal. He proceeded to reach a four-year, $13.5 million contract extension last August before averaging career lows with 42.1 yards per punt and 35.3 net yards per punt through nine appearances.
Those marked his final appearances as a Patriot.
Placed on injured reserve midway through November due to a back issue, Bailey had his 21-day return window open in December yet was not activated. The 6-foot-2, 205-pound specialist then landed on the suspended list at the start of January and filed a grievance against New England.
In his absence, veteran Michael Palardy was signed from the practice squad for the remainder of the campaign and averaged 42.4 yards per punt with a net average of 37.1.