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How Patriots tight end Hunter Henry can earn the full value of his new contract

The New England Patriots spent a significant portion of their cap space this offseason to re-sign some of their core players in free agency. Among that group is tight end Hunter Henry, who put his signature under a three-year, $27 million pact before he was set to hit the open market in mid-March.

As part of that deal, Henry also has the opportunity to boost its value. On top of that $27 million base, he stands to earn $1 million annually in incentives.

According to Patriots salary cap expert Miguel Benzan, those incentives are structured as follows:

TE Hunter Henry: Contract incentives

2024: Up to $1 million
$250,000: 50 receptions
$250,000: 55 receptions
$250,000: 60 receptions
$250,000: 65 receptions

2025: Up to $1 million
$250,000: 50 receptions
$250,000: 55 receptions
$250,000: 60 receptions
$250,000: 65 receptions

2026: Up to $1 million
$250,000: 50 receptions
$250,000: 55 receptions
$250,000: 60 receptions
$250,000: 65 receptions

Henry finished the 2023 season with 42 catches, which he took for 419 yards and a team-leading six touchdowns.