- Thread starter
- #1
- Joined
- Nov 2, 2007
- Messages
- 36,085
- Reaction score
- 14
LinkTwo-time Pro Bowl wide receiver Larry Fitzgerald signed a $40 million, four-year contract with the Arizona Cardinals on Tuesday just before leaving on a South American vacation he surely can afford.
The deal includes $30 million guaranteed, a generous figure for a franchise that was long considered one of the stingiest in sports.
"This is what I wanted to happen," he said on a conference call during an airport layover. "There was a great deal of dialogue through this whole process and everybody got what they wanted."
The Cardinals wanted to restructure Fitzgerald's incentive-laden rookie contract because he had reached many of the benchmarks and was to receive $14.6 million in 2008 and just under $17.4 million in 2009.
Those figures left the Cardinals with hardly any room under the salary cap to sign free agents. In addition, the contract locks up Fitzgerald through 2011, when he still will be only 28 years old.