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Showing posts with label new contract. Show all posts
Showing posts with label new contract. Show all posts

Thursday, July 23, 2009

Winfield Signs Contract Extension


Antoine Winfield has signed a contract extension. Judd is on the phone with Winfield as I type. He signed a five-year extension (they basically ripped up his final season).

Here’s the contract details from Judd: It’s a five-year contract worth $36 million, including $16.1 in guarantees and a few likely to be earned incentives that will push up the value the first few seasons. He is scheduled to make $6.1 million this season but with likely incentives he should make around $7.5 million.

“It actually happened at the perfect time,” Winfield said. “I was telling [agent] Ashanti Webb, ‘Let’s try and get something done before camp.’ I’m definitely glad to get it done and now will go in and play like I’ve been playing — 100 miles per hour and not have to worry.”

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Monday, July 20, 2009

Suggs Agrees To Six-year, $63M Deal

"Terrell Suggs will sign a six-year, $63 million contract with the Ravens on Wednesday, completing one of the more lucrative deals in NFL history.

A three-time Pro Bowl linebacker, Suggs will receive $33 million in bonuses (a $10.1 million signing bonus and a $23 million option bonus due in March), which ranks second only to Indianapolis Colts quarterback Peyton Manning, who earned $34 million in bonuses. Suggs' total is believed to be the most ever for a defensive player.

Suggs, who repeatedly said the sides were close on a deal, will sign the contract before Wednesday at 4 p.m., the deadline for NFL teams to sign their franchise tag players to a long-term deal.

"The Ravens showed up big for me, now I have to show up big for them again," Suggs told The Baltimore Sun.

Suggs added, "I'm only 26 years of age, and my best years are ahead of me. I can only get smarter as my years of experience pile up. I wasn't sure this deal was going to get done even though I kept saying it was close. I thought the chances were about 50-50, and I definitely didn't want to get franchised again."

The sides made significant progress 2 1/2 weeks ago, when the Ravens increased the guaranteed money, a league source said. An agreement was reached around midnight Wednesday in a three-way call with Suggs, his agent and general manager Ozzie Newsome.

The Ravens will pay their top pass rusher $38 million in guaranteed money and $40 million over the first two years of the deal.

"This is a good day for the Ravens franchise," general manager Ozzie Newsome said."

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