This can't be true, is it?
Announcement
Collapse
No announcement yet.
Another site has the Woodsen deal having no signing bonus?
Collapse
X
-
From the Pro Football Talk Rumor Mill
POSTED 10:36 p.m. EDT, April 26, 2006
NO SIGNING BONUS FOR WOODSON
A league source tells us that cornerback Charles Woodson's contract with the Packers includes a signing bonus of . . . zero dollars, zero cents.
The reason for the team's decision not to pay Woodson has less to do with his skill and more to do with the fact that the Packers have plenty of cap room for 2006. By funding Woodson's first-year pay through a roster bonus and base salary, $10.5 million can be handed to him with no proration in future years.
As a practical matter, this makes it easier for the Packers to cut ties with Woodson in any future season, since there would be no acceleration due to the portion of the signing bonus that applies to future years.
We're also told that, although the deal is being characterized as a seven-year, $52 million arrangement, it is as a practical matter a three-year, $18 million package. Depending on Woodson's performance, he could be gone by 2007 or 2008.
Not a huge deal, but not bad for an aging, injury-prone cover man as to whom only one other team expressed serious interest.
Comment
-
No biggie; we'd expect nothing lessOriginally posted by b bulldogAs everyone knows, I'm known to screw things up a bit every once in a while.
TERD Buckley over Troy Vincent, Robert Ferguson over Chris Chambers, Kevn King instead of TJ Watt, and now, RICH GANNON, over JIMMY JIMMY JIMMY LEONARD. Thank you FLOWER
Comment
-
Just read from Jay Glazer on foxsports.com that this year, $10.5 million is the only year of garunteed money. and that he COULD earn up to 52.7 million total over all of the years of the contract. i donno if i read it wrong, but non the less, check out jay glazer's write up on woodson to the packers."I would love to have a guy that always gets the key hit, a pitcher that always makes his best pitch and a manager that can always make the right decision. The problem is getting him to put down his beer and come out of the stands and do those things." - Danny Murraugh
Comment

Comment