Ezekiel Elliott signs with the New England Patriots

One-year, $3 million contract includes $600,000 signing bonus

Former Dallas Cowboys running back Ezekiel Elliott has signed a one-year, $3 million contract with the New England Patriots, according to ESPN's Adam Schefter. The deal includes a $600,000 signing bonus and $1.1 million guaranteed. Elliott's average annual salary is now $6,239,085, which ranks ninth among NFL running backs.

Elliott's estimated market value is $15 million per year

According to Spotrac, Elliott's estimated market value is $15 million per year. However, the NFL contracts are far more complex than simply average annual value. Elliott's $3 million contract with the Patriots is a one-year deal, which means he will be a free agent again next year. This could give him the opportunity to sign a more lucrative contract with another team.

The Patriots are hoping that Elliott can help them improve their running game, which ranked 27th in the NFL last season. Elliott is a three-time Pro Bowler and two-time NFL rushing champion. He has rushed for over 1,000 yards in each of his first six seasons in the NFL.

The signing of Elliott is a significant move for the Patriots, who are looking to rebound from a disappointing 7-9 season. Elliott is a proven playmaker who could help the Patriots offense return to its former glory.