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RAIDERS STRIKE A DEAL WITH ASOMUGHA
Posted by Aaron Wilson on February 19, 2009, 2:20 p.m.
The Oakland Raiders have locked up Pro Bowl cornerback Nmandi Asomugha with a three-year contract worth at least $45 million, according to Adam Schefter of NFL Network.
Citing a league source, Schefter reports that Asomugha’s deal could be worth as much as $50 million.
Under the language of the contract, Asomugha is slated to make $28.5 million during the first two years of the deal. That money is all guaranteed.
There’s an option in Year 3 of the deal where the Raiders would have to pay Asomugha either the average of the top five salaries regardless of position or $16.875 million. Asomugha would be compensated with whichever is the higher figure.
If the Raiders should choose to not exercise the option, Asomugha would be allowed to become a free agent and Oakland would not be allowed to use the franchise tag to retain him.
Meanwhile, Nancy Gay of the San Francisco Chronicle reports slightly different numbers. She has Asomugha signing a three-year deal worth nearly $40 million, including $26 million in guaranteed money.
Under the structure of the deal, Asomugha would be up for free agency again when he’s 31.
Posted by Aaron Wilson on February 19, 2009, 2:20 p.m.
The Oakland Raiders have locked up Pro Bowl cornerback Nmandi Asomugha with a three-year contract worth at least $45 million, according to Adam Schefter of NFL Network.
Citing a league source, Schefter reports that Asomugha’s deal could be worth as much as $50 million.
Under the language of the contract, Asomugha is slated to make $28.5 million during the first two years of the deal. That money is all guaranteed.
There’s an option in Year 3 of the deal where the Raiders would have to pay Asomugha either the average of the top five salaries regardless of position or $16.875 million. Asomugha would be compensated with whichever is the higher figure.
If the Raiders should choose to not exercise the option, Asomugha would be allowed to become a free agent and Oakland would not be allowed to use the franchise tag to retain him.
Meanwhile, Nancy Gay of the San Francisco Chronicle reports slightly different numbers. She has Asomugha signing a three-year deal worth nearly $40 million, including $26 million in guaranteed money.
Under the structure of the deal, Asomugha would be up for free agency again when he’s 31.
