At least seven of the UDFA received signing bonuses, and at least two received some guaranteed salary. Not surprisingly WR TJ Moe led the group with the most in both of those categories; I am slightly surprised to read that Jeff Fisher's kid was second in line in terms of bonus and guaranteed funds, and that the long snapper is one of those that received a signing bonus.
The Pats spent $45,000 on signing bonuses on the undrafted free agents, with Moe receiving half of that amount.
TJ Moe, Elvis Fisher got Pats' most lucrative undrafted free agent contracts | The Blitz with Jeff Howe & Karen Guregian | Boston Herald
The Patriots signed 19 undrafted free agents yesterday, and the numbers have been filed. Per the CBA, undrafted rookies get three year deals worth a minimum of $1.44 million, including $405,000 in 2013, $408,000 in 2014 and $555,000 in 2015.
The bonuses tell the story, and seven of the 19 got something, which speaks to a relative level of competition to sign them. Based on the figures, TJ Moe and Elvis Fisher are two undrafted players to watch throughout camp.
Wide receiver TJ Moe: $8,000 signing bonus, $22,500 fully guaranteed in 2013 base salary
Offensive lineman Elvis Fisher: $7,500 signing bonus, $7,500 fully guaranteed 2013 base salary
Safety Kanorris Davis: $5,000 signing bonus
Cornerback Brandon Jones: $3,500 signing bonus
Wide receiver Kenbrell Thompkins: $2,500 signing bonus
Defensive lineman Dewayne Cherrington: $2,000 signing bonus
Long snapper Mike Zupancic: $2,000 signing bonus
If my math is correct the difference between the minimum and the maximum the Pats can spend on the seven draft picks is just $129,995, so signing them should not be an issue.
Updating Patriots' salary cap and rookie pool figures | The Blitz with Jeff Howe & Karen Guregian | Boston Herald
Salary cap: The Patriots have $8,680,435 of salary cap space when counting the top 51 contracts. They're comfortable, but they've still got to factor in the rookie pool, roster bonuses, players who go to injured reserve and things of the like that they'll encounter this season.
Rookie pool: The Patriots have a maximum of $3,750,922 against the salary cap to sign their seven draft picks. That money only figures into the first year of their deal. Their minimum to sign the seven picks is $3,620,927.