On May 9th the defending Super Bowl Champions New England Patriots announced that their 3rd round pick Geneo Grissom has signed with them. The Patriots will lose $145,487 in cap space after this signing. None of his salaries will be guaranteed. The Boston Globe’s Ben Volin tweeted on May 8th that Geneo will receive a $10,000 offseason workout bonus for the years 2016,2017 and 2018.
As an 3rd round pick Grissom is eligible to earn the Proven Performance Escalator that could raise his 2018 salary to the low RFA tender for that year. An eligible player will qualify for the Proven Performance Escalator if : (1) he participated in a minimum of 35% of his Club’s offensive or defensive plays in any two of his previous three regular seasons; or (2) he participated in a “cumulative average” of at least 35% of his Club’s offensive or defensive plays over his previous three regular seasons.