Thursday, February 26, 2009

Sweet Deal

Say what you want about Asante Samuel's play this year (notwithstanding the playoff INTs), but his deal is looking better and better from the team's point of view in light of the Raiders' insanity with CB Nnamdi Asomugha. His payout must be driving Lito bonkers one moment and then causing him to salivate at the the prospect of somehow getting a similar type deal in the future.

Reports the King:

The most interesting thing I learned at the combine actually had nothing to do with the combine at all. It had to do with the contract the Raiders negotiated with agents Tom Condon and Ben Dogra for Nnamdi Asomugha. Put simply, this is the kind of revolutionary contract that will reverberate around the league for this entire off-season. Maybe longer.

Taken on an average-per-season basis, Asomugha's contract is 62 percent higher than any cornerback contract in NFL history.

This is what one general manager with several important players to sign told me about the deal: "I've already told two agents that if they include that contract in all the contracts in our negotiations, I'm not listening. It's insane. It's beyond insane. I've never seen a contract like it. The Raiders guaranteed a cornerback more money than Tom Brady or Peyton Manning ever got guaranteed. So I'm not going to listen to any agent who tries to use it as leverage. It makes no sense.''

The richest previous contract signed by a cornerback (and I don't count the eight-year, $80-million Nate Clements deal with San Francisco, because it has two phony years at a total of $27.3 million stuck on the end of it, years both sides know will never be played out) came last year -- Asante Samuel's six-year, $56.14 million deal with the Eagles. Let's compare the Samuel and Asomugha deals:


Player Date Years Total Guaranteed Ave. per year
Samuel 2-29-08 6 $56.14m $20m $9.36m
Asomugha 2-19-09 3 $45.38m $28.6m* $15.13m

Asomugha's average pay per year is $5.77-million per year more than Samuel's, or 62 percent more than any cornerback contract ever. Good for him. And good for the Raiders in one way -- they don't lose their best player, and because they don't force a franchise tag on him, they don't have their best player grousing about what a bad team he's on ... at least for now. But in this economy? With the Raiders always lobbying for a more revenue-producing stadium?

* One bit of clarification on the Asomugha contract: The deal is for at least two years and $28.6 million. Then the Raiders have a choice. They have until the fifth day of the league year (approximately March 5, 2011) to decide whether to keep Asomugha or allow him to become an unrestricted free agent. If they keep him, which is highly likely in what could very well be an uncapped year, they will have to pay him a minimum of $16.874 million.


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