Signed a four-year, $40.975 million contract extension through 2013. The deal contains $15 million guaranteed, including a $5 million signing bonus and $18.939 million in performance-based escalators. $250,000 workout bonuses are available in each year. 2009: $550,000 (+ $5 million roster bonus), 2010: $750,000 (+ $5 million roster bonus), 2011: $1.5835 million, 2012: $1.646 million, 2013: $1,857,523 (+ $10 million "deescalating" roster bonus), 2014: Free Agent. Cap charge: $6,885,883 (2009).
Does anyone know the details of the performance based escalators?
Peace