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COLTS, HAYDEN WORK OUT A DEAL
Posted by Mike Florio on February 18, 2009, 9:42 p.m.
The Indianapolis Colts planned to use the franchise tag on cornerback Kelvin Hayden.
As it turns out, they won’t have to.
According to Adam Schefter of NFL Network, the Colts and Hayden worked out a deal on the eve of the deadline for using the franchise tag.
It’s a five-year, $43 million deal, with $23 million in guaranteed money.
Hayden becomes the team’s fourth player who received $20 million or more in guaranteed money on a long-term deal. The others are quarterback Peyton Manning, defensive end Dwight Freeney, and safety Bob Sanders.
Posted by Mike Florio on February 18, 2009, 9:42 p.m.
The Indianapolis Colts planned to use the franchise tag on cornerback Kelvin Hayden.
As it turns out, they won’t have to.
According to Adam Schefter of NFL Network, the Colts and Hayden worked out a deal on the eve of the deadline for using the franchise tag.
It’s a five-year, $43 million deal, with $23 million in guaranteed money.
Hayden becomes the team’s fourth player who received $20 million or more in guaranteed money on a long-term deal. The others are quarterback Peyton Manning, defensive end Dwight Freeney, and safety Bob Sanders.