More On the LaVar deal!
Posted: Fri Dec 26, 2003 6:36 pm
New From The Post
Arrington, Redskins Agree to $60 Million Contract Extension
By Mark Maske
Washington Post Staff Writer
Friday, December 26, 2003; 5:07 PM
Linebacker LaVar Arrington agreed today to a contract extension with the Washington Redskins, sources close to the situation said.
Arrington said as he left Redskins Park that he had signed the deal, which will make him one of the highest-paid defensive players in NFL history. A source said Arrington signed an eight-year contract worth about $60 million, including combined bonus money of about $20 million. The source said that Arrington will receive about $15.5 million of the bonus immediately, and the remaining $4.5 million in two and a half years.
Arrington, 25, was named to his third consecutive NFC Pro Bowl team last week. His previous contract was to run through the 2006 season. But the Redskins wanted to sign him to a new deal that would keep him with the team for most or all of the remainder of his career and lessen his impact against the club’s salary cap in the next few seasons.
Under his old contract, Arrington would have counted more than $10 million against the salary cap in each of the next three seasons.
Arrington, Redskins Agree to $60 Million Contract Extension
By Mark Maske
Washington Post Staff Writer
Friday, December 26, 2003; 5:07 PM
Linebacker LaVar Arrington agreed today to a contract extension with the Washington Redskins, sources close to the situation said.
Arrington said as he left Redskins Park that he had signed the deal, which will make him one of the highest-paid defensive players in NFL history. A source said Arrington signed an eight-year contract worth about $60 million, including combined bonus money of about $20 million. The source said that Arrington will receive about $15.5 million of the bonus immediately, and the remaining $4.5 million in two and a half years.
Arrington, 25, was named to his third consecutive NFC Pro Bowl team last week. His previous contract was to run through the 2006 season. But the Redskins wanted to sign him to a new deal that would keep him with the team for most or all of the remainder of his career and lessen his impact against the club’s salary cap in the next few seasons.
Under his old contract, Arrington would have counted more than $10 million against the salary cap in each of the next three seasons.