Pixote Posted March 10, 2008 Report Share Posted March 10, 2008 Article from Chicago Sun-Times by Brad Biggs: Dollars and sense: A look at numbers in recent contracts Picked up the specific contract details for a few of the Bears’ recent extensions. Wide receiver Marty Booker will officially sign his contract today at Halas Hall after completing a physical. Tight end Desmond Clark received a $2 million signing bonus as part of his two-year extension that has him under contract through 2010. Clark received a $475,000 roster bonus on March 2. He has a base salary of $1 million for each of the next three seasons with roster bonuses of $475,000 to be paid in 2009 and 2010. So Clark’s two-year extension generated $4.95 million in new money for him with $2.475 million guaranteed. Defensive end Alex Brown’s two-year extension was as reported. He received a $5 million signing bonus and will have a base salary of $5 million in 2010 and $5.5 million in 2011. That means $5 million was guaranteed with $15.5 million total in new money. Quarterback Rex Grossman picked up a $1 million signing bonus with his one-year contract. He will receive a $500,000 workout bonus and get a base salary of $1.5 million. There is an additional $1.5 million available in not likely to be earned incentives. Those incentives are triggered by four mechanisms: play time, play time plus playoffs, play time plus 20 touchdown passes and play time plus a completion percentage. Quarterback Kyle Orton signed a one-year extension through 2009. He received a $1.4 million signing bonus with a $100,000 workout bonus and a base salary of $1.3 million for this season. In 2009, Orton will earn $620,000 in base pay with another $100,000 workout bonus. He can trigger $1.5 million in additional payment in the form of bonuses and an escalator through the same mechanisms in place for Grossman. Wide receiver Brandon Lloyd signed a one-year contract for the minimum-salary benefit. He receives a $40,000 workout bonus and will earn base pay of $605,000, but count only $485,000 vs. the salary cap. Next up could be a contract for kicker Robbie Gould. Quote Link to comment Share on other sites More sharing options...
AZ54 Posted March 11, 2008 Report Share Posted March 11, 2008 Lloyd only counts $485k against the cap on a one year deal that we can cut at anytime makes that a good pickup. Quote Link to comment Share on other sites More sharing options...
adam Posted March 11, 2008 Report Share Posted March 11, 2008 Article from Chicago Sun-Times by Brad Biggs: All in all, those are some team-friendly deals. Even the Briggs signing wasn't as much as what people expected. Now we need a solid draft and maybe some post-June 1st cut pickups. Quote Link to comment Share on other sites More sharing options...
ChileBear Posted March 11, 2008 Report Share Posted March 11, 2008 All in all, those are some team-friendly deals. Even the Briggs signing wasn't as much as what people expected. Now we need a solid draft and maybe some post-June 1st cut pickups. Agree on that Prphet. In a year where FA was lean, this looks like good sense from JA. And I too am interested in what we can get from the cuts that will happen prior to the start of the season. Quote Link to comment Share on other sites More sharing options...
balta1701-A Posted March 11, 2008 Report Share Posted March 11, 2008 All in all, those are some team-friendly deals. Even the Briggs signing wasn't as much as what people expected. Now we need a solid draft and maybe some post-June 1st cut pickups. But also...the team needs to make sure they use that cap space. They've filled a few of their holes with bargain basement guys, but they also have a few guys that they don't want hitting the FA market. That cap space can easily be used to preemptively sign these guys. Quote Link to comment Share on other sites More sharing options...
adam Posted March 11, 2008 Report Share Posted March 11, 2008 But also...the team needs to make sure they use that cap space. They've filled a few of their holes with bargain basement guys, but they also have a few guys that they don't want hitting the FA market. That cap space can easily be used to preemptively sign these guys. I hope JA makes effective use of the cap and doesn't leave some large amount unspent. Quote Link to comment Share on other sites More sharing options...
selection7 Posted March 12, 2008 Report Share Posted March 12, 2008 JA has never left a large amount of of cap space unused during his time here in Chicago right? It's not his money so he doesn't have any strong motivation to do so. A team with no general manager might be more likely to do such a thing. Quote Link to comment Share on other sites More sharing options...
balta1701-A Posted March 12, 2008 Report Share Posted March 12, 2008 JA has never left a large amount of of cap space unused during his time here in Chicago right? It's not his money so he doesn't have any strong motivation to do so. A team with no general manager might be more likely to do such a thing. I read an article in late October saying that after the Vasher and Tillman extensions, the Bears had the least amount of cap room remaining in the league, something like $600k or less by the end of last year. He used every scrap. Quote Link to comment Share on other sites More sharing options...
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