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Albert Haynesworth took a big pay cut to join Patriots

"New England's trade for Albert Haynesworth seemed like a typical Patriots low-risk, high reward gambit. The move looks like an even lower risk following news of Haynesworth's restructured contract.

Jason Cole of Yahoo! Sports reports Haynesworth took a pay cut in base salary all the way from $5.4 million base salary to $1.5 million. That's quite a haircut, but Haynesworth can make back all the money in incentives if he has a terrific season.

If Haynesworth plays 20% of the team's snaps, he gets $1 million. He then gets an additional $590,000 once he gets over each of the following playing time thresholds: 45% of the team's snaps, 50%, 55%, 60%, and 65%. He gets an additional $400,000 if he makes the Pro Bowl."


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