03-05-2007, 09:50 AM
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#3
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Practice Squad
Join Date: Jan 2007
Location: Virginia
Posts: 273
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Re: Thomas's Cap Number
Quote:
Originally Posted by iguide
Please provide a link. Thank you.
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SI
Quote:
One guy might have been underpaid in Lunatic 2007 Market Dollars: Adalius Thomas. He signed with New England for five years and $35.04 million.
The breakdown, according to Management Council documents obtained Sunday night:
• Signing bonus: $12 million in 2007.
• Option bonus: $8 million payable in 2008, applied for cap reasons in equal $2 million increments in 2008, 2009, 2010 and 2011.
• Salaries: $900,000 in '07, $900,000 in '08, $1.9 million in '09, $4.9 million in '10 and $5.9 million in '11.
• Workout bonuses: $107,000 annually if he participates in the Patriots' offseason workout program in Foxboro.
• Cap numbers: In succession, beginning this year, $3.4 million, $5.4 million, $6.4 million, $9.4 million, $10.4 million.
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Looks good for this year but in the final year the hit is going to be $10M. |
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