NFL Media Insider Ian Rapoport reported Friday that the wideout has agreed to a restructured, two-year deal that will pay him $7.35 million with another $750,000 available in bonuses and incentives, per a source informed of the deal.
Initially slated to make $12 million over the next two years, it's a sizeable pay cut for a pass-catcher set to compete for snaps with new addition Chris Hogan.
Amendola also took a pay cut last season, but outperformed his $1.5 million deal for 2015 with 648 yards and three touchdowns off 65 catches. Had he refused the price-tag chop, Amendola was certain to be released.
It's a crowded house at wideout in New England, but Amendola still figures to see his share of work alongside Hogan and Julian Edelman. With uber-sensation Rob Gronkowski at tight end and satellite back Dion Lewis in the mix, quarterback Tom Brady has plenty of options for an offense certain to rock opponents in 2016.