Backup quarterback Brian Hoyer signed his restricted free agent tender in the past day, a league source confirmed.
Hoyer will make $1.92 million this season. A team would have needed to surrender a second-round pick if it signed Hoyer to an offer sheet.
There wasn’t much of a market at that level, and the Patriots think too much of Hoyer to part with a pick, say, around the fifth round.
This is a pretty good deal for Hoyer when you consider that if he was drafted in 2009 — he was undrafted out of Michigan State — he would be making the minimum this season. Hoyer is making triple that and will be an unrestricted free agent next season.