Patriots, RB Rhamondre Stevenson Agree To Extension

As expected, the Patriots and Rhamondre Stevenson have worked out a deal. The fourth-year running back has agreed to a four-year, $36MM extension, ESPN’s Adam Schefter reports.

The pact includes $17MM fully guaranteed, Schefter notes. With Stevenson having been set to play out the final year of his rookie contract in 2024, this agreement will keep him in place through 2028. Ian Rapoport of NFL Network adds the 26-year-old will collect an $8MM signing bonus.

Stevenson’s deal also includes $12MM in incentives, per Rapoport. Reaching 1,400 yards and earning Pro Bowl or All-Pro acclaim will add to the former fourth-rounder’s earnings on his New England extension, which can max out at $48MM. Stevenson has operated as the team’s lead back for the past two seasons, and he will now face increased expectations moving forward with a $9MM AAV. That figure ranks seventh in the league amongst running backs.

Last week, Stevenson publicly stated he felt an agreement on a long-term deal was close. That was followed in short order by a report that progress was being made, so today’s news comes as little surprise. The Patriots regime which drafted him – one which did not make a habit of investing in running backs – is no longer in place. New head coach Jerod Mayo spoke highly of a potential deal, though, and his tenure at the helm will no doubt feature plenty of usage for Stevenson in the backfield.

The Oklahoma product has a career yards per carry average of 4.5, although that figure checked in at 4.0 during his injury-shortened 2023 campaign. Ezekiel Elliott handled RB1 duties to close out the season in Stevenson’s absence, but he has since re-joined the Cowboys. To fill the veteran vacancy at the position, New England signed Antonio Gibson in free agency. The latter has shown an ability as a pass-catcher in particular, but early down responsibilities will no doubt lie with Stevenson for years to come.

While the 2024 offseason has seen a changing of the guard along the sidelines and in the front office for the Patriots, new general manager Eliot Wolf has made a number of moves aimed at keeping in-house players on the books. Deals for the likes of safety Kyle Duggerright tackle Michael Onwenu and tight end Hunter Henry prevented what would have been notable free agent departures. Instead of testing the market in 2025, Stevenson will likewise be tied to New England for the foreseeable future.

The Patriots’ offense will feature a number of new faces in 2024, headlined by first-round rookie Drake Maye presumably taking on starting quarterback duties at some point. The team’s array of pass-catchers features veteran signing K.J. Osborn and a pair of rookies (second-rounder Ja’Lynn Polk, fifth-rounder Javon Baker), but the ground game will no doubt remain a key element of the team’s attack. That will leave Stevenson as a focal point for the Patriots’ offense in 2024 and beyond as he seeks to justify this lucrative investment.

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