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Owens gets new 4-year, $34 million deal
Posted: Mon Jun 02, 2008 9:31 pm
by 1niksder
This is definitely not the same T.O.
Without the controversy that led to his departure from Philadelphia, Terrell Owens quietly received a new contract with the Dallas Cowboys on Monday, team sources told ESPN's Michael Smith.
The wide receiver was slated to earn $7 million this season in the last year of his contract, but he now receives a four-year, $34 million deal. Owens is slated to earn $27 million over the next three seasons, making him -- along with Randy Moss, Javon Walker and Larry Fitzgerald -- one of the highest paid wide receivers in the league.
Owens will receive $12.9 million to sign and $100,000 of his $830,000 2008 base salary guaranteed, for a total of $13 million guaranteed. He is now under contract through 2011.
Link
Posted: Mon Jun 02, 2008 9:44 pm
by GSPODS
Leave it to Dallas to think T.O. is going to play another four years.
Posted: Wed Jun 04, 2008 4:25 pm
by REDEEMEDSKIN
I also read that on top of the $7 million signing bonus, he got a YUGE tub of popcorn.
Lucky duck.
Posted: Wed Jun 04, 2008 5:18 pm
by Fios
GSPODS wrote:Leave it to Dallas to think T.O. is going to play another four years.
Why not? Outside of 2005, he's been a very durable player, he's only missed one game since joining Dallas and hasn't shown any signs, yet, of a decline in production. Additionally, as you should know, very rarely does the length of these deals reflect the team's actual expectations for the player's tenure. It's a better way to manage cap hits.
Posted: Wed Jun 04, 2008 5:36 pm
by GSPODS
Fios wrote:GSPODS wrote:Leave it to Dallas to think T.O. is going to play another four years.
Why not? Outside of 2005, he's been a very durable player, he's only missed one game since joining Dallas and hasn't shown any signs, yet, of a decline in production. Additionally, as you should know, very rarely does the length of these deals reflect the team's actual expectations for the player's tenure. It's a better way to manage cap hits.
If the CBA weren't completely up in the air in two years (unless they reach another agreement) I would agree with you. But we've seen this "prepare for a strike or a lockout" before. Of course, when it happens the Redskins usually do good things so I'm a little torn.
Posted: Thu Jun 05, 2008 9:32 am
by BnGhog
Fios wrote:Why not? Outside of 2005, he's been a very durable player, he's only missed one game since joining Dallas and hasn't shown any signs, yet, of a decline in production. Additionally, as you should know, very rarely does the length of these deals reflect the team's actual expectations for the player's tenure. It's a better way to manage cap hits.
Do the cowpies have the same cap we do, I mean they have been signing big contracts all off season this year!
GSPODS wrote:If the CBA weren't completely up in the air in two years (unless they reach another agreement) I would agree with you. But we've seen this "prepare for a strike or a lockout" before. Of course, when it happens the Redskins usually do good things so I'm a little torn.
A new agreement will be reached.