The-Hogs.net - Washington Football Discussion, Redskins to Commanders Era

July 27, 2004
SportsLine.com wire reports

ASHBURN, Va. -- The Washington Redskins agreed to a seven-year, $18 million deal with first-round draft pick Sean Taylor, The Associated Press has learned. After late night negotiations, Taylor was on a flight to Washington on Tuesday morning to sign his contract, according to agent Jeff Moorad.

"We agreed to terms as the clock struck midnight," Moorad said.

A Redskins official, speaking on condition of anonymity, confirmed the agreement and said the team would likely hold a news conference later Tuesday.

The amount of the contract was confirmed by a party involved in the negotiations, who spoke on condition of anonymity because the deal had not yet been signed. The source said Taylor will received a $7.2 million signing bonus, and the total bonus money in the deal -- including option and roster bonuses -- exceeds $13 million.

The source also said the contract has escalators that can make the deal worth up to $40 million over six years, while the seventh year can be voided. The escalators are based on three areas -- playing time, on-field performance and Pro Bowl or All-Pro selections.

"We agreed to terms as the clock struck midnight," Moorad said.

Anybody check for a glass slipper after midnight? I mean, we wouldn't want to find out that these awesome agents turned back into the Postons come tuesday PM.