Running back Rex Burkhead and the Patriots have reworked the final year of his contract, ESPN’s Field Yates reported Tuesday morning.
Burkhead’s base salary will drop from $2.5 million to $1.05 million, according to ESPN. He will instead receive a $550,000 signing bonus and can earn another $400,000 in roster bonuses. The move creates $981,250 in salary cap space for the Patriots, who have been strapped for cash this offseason.
In March 2017, Burkhead and the Patriots agreed to a one-year contract worth up to $3.15 million. In March 2018, he signed a three-year contract extension.
Burkhead rushed for 302 yards and three touchdowns, and also caught 27 passes for 279 receiving yards in 13 games last season.
“Rex has been a solid player for us,” coach Bill Belichick said in December. “He does a lot of things well — plays in the kicking game, plays on all four downs, catches the ball, blocks, runs, gets tough yards, can make plays out in space. I think he’s always been like that.”