Agreed, if you compare to the top FAs of their class.
But Woodson got a LOT in his deal. I remember being surprised at the amount even then. Someone asked Ted why that amount (only other bidder wanted a safety) and his response was that he was told it would take that amount to get his signature.
Peppers got the previous going rate. Not the new, increasing one for FAs and deals with a ton of bells and whistles, front loaded guarantees and fictional amounts in out years.