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Patriots have limited financial risk in signing Jeremy Hill

FOXBOROUGH, Mass. -- The details are in with free-agent running back Jeremy Hill's one-year contract with the New England Patriots, and the biggest takeaway is that the club assumes little risk in the pact.

Hill's total compensation is $1.5 million, and the only guarantee is his $150,000 signing bonus. If he makes the roster, he will earn a base salary of $1 million, and then can earn an additional $300,000 in roster bonuses ($18,750 per game if on the 46-man, game-day roster). Hill can also earn a $50,000 workout bonus.

So, assuming good health, the Patriots are on the hook for $200,000 (signing bonus plus workout bonus) to see if Hill can regain the form that made him a second-round pick out of LSU in 2014.