Tag:2011 NFL Draft Contracts
Posted on: July 29, 2011 6:46 pm
Edited on: July 29, 2011 10:16 pm
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Cam Newton signs $22M guaranteed contract

Posted by Will Brinson

Cam Newton, the Panthers No. 1-overall draft pick, has signed his contract, and will make more than $22 million over four years, all of which is guaranteed.

Bus Cook, Newton's agent, told the The Associated Press via a text message Friday night that the deal was for four years and "$22 million-plus."

That's according to our Carolina Rapid Reporter Steve Reed, who cites a source close to the negotiations.

Newton, who played one year at Auburn before turning pro, will make substantially less than last year's top pick, Sam Bradford made. Like, a lot less: Bradford signed a deal for $78 million over six years.

But that money, freed up by new CBA rules governing rookie salaries, also allowed the Panthers to go out and sign some of their bigger names -- Charles Johnson, DeAngelo Williams -- in free agency.

Newton was seen Friday evening driving into the back lot of the Richardson Physical Activities Building and entering the offices that serve as team headquarters for Carolina's training camp at Wofford College.

Panthers coach Ron Rivera had said earlier Friday that he expected the former Auburn quarterback to be at Wofford when Carolina held its first practice session on Saturday. Also earlier Friday, general manager Marty Hurney said the sides were making good progress on an agreement.
Free Agency Frenzy

It's a testament to Jerry Richardson's involvement with the CBA that Carolina was able to pull off such moves; it's highly unlikely he would have drafted Newton if he'd thought that the quarterback would make the type of money that previous top-selected quarterbacks did.

Instead, the Panthers were able to not only pick up a potential franchise quarterback -- who, admittedly, has boom-or-bust potential -- but also reload their roster with the top talent that appeared to be headed elsewhere.

That might not ease the pain of losing $30 million in guaranteed money for Newton, but it'll at least ease his transition into the NFL.

"I don't think it's going to be a problem for me. I think it's just timing more than anything," Newton said last May. "Just repetition as far as me knowing what I have to do, knowing the assignment, the alignment and what everybody's doing on that particular play."

Newton has had Chudzinski's playbook since April 29, when a judge temporarily lifted the lockout. Panthers receiver Steve Smith said he was impressed with Newton's skills he saw during private workouts the two have had before labor peace was reached.

Another Panthers rookie from Auburn, receiver Darvin Adams, called Newton a "natural born leader."

Newton will be looked at to bring stability to a position where the Panthers struggled greatly last season. Carolina was last in several NFL categories and finished with the fewest points in team history.

Rivera said Newton would battle for the starting job with the quarterbacks in camp, last year's starter Jimmy Clausen and Tony Pike. General manager Marty Hurney didn't rule out bringing a veteran quarterback to add depth during camp.

The Associated Press contributed to this report. For more NFL news, rumors and analysis, follow @cbssportsnfl on Twitter and subscribe to our RSS Feed.
Posted on: July 28, 2011 2:32 pm
Edited on: July 28, 2011 11:15 pm
 

2011 NFL Draft rookie contracts coming in

Posted by Will Brinson

There's been plenty of action in free agency thus far (don't forget to follow it all in our live, updating Experience and with our 2011 NFL Free Agency Tracker!), but it also warrants mentioning that there have been a good number of first-round draft picks signed by various teams over the past few days.

Interestingly, many of these players who are signing have received fully guaranteed contracts, something you don't typically see with rookies, even though the total contracts, because of the new rookie wage system, are coming in lower than previous years.

For instance, the Cowboys signed Tyson Smith, their top pick, likely right tackle for 2011 and eventual successor to Doug Free, to a four-year, $12.5 million deal which is entirely guaranteed. By contrast, C.J. Spiller, taken in the same spot last season by the Bills, received a five-year, $25 million deal with $20.5 million guaranteed.

The Bengals signed Georgia wideout A.J. Green to a four-year, $19.6 million deal, all of which is also guaranteed, according to the Cincinnati Enquirer's Joe Reedy. (Trent Williams, by contrast, got $60 million with $36.5 guaranteed out of the No. 4 slot from the Redskins in 2010.)

The 49ers reported via Twitter that they've signed all their draft picks, including second-round quarterback Colin Kaepernick (four-year deal) and first-round defensive end Aldon Smith. Financials haven't been put out yet.

The same goes for the Buccaneers, who signed first- and second-round picks Adrian Clayborn and Da'Quan Bowers (deets on the monies aren't out yet last I checked).

In Denver, Von Miller is "expected" to sign a four-year, $21-million deal with the Broncos soon. He probably would have seen up to $50 million more (not all guaranteed, of course) under the old rookie salary system. The ironic part? He was a named plaintiff on the Brady v. NFL lawsuit. It's worth noting that Miller's not sweating losing any pile of money and says he "plans on getting three, four, five contracts."

[(UPDATED 4:47 p.m. ET): John Elway confirms the team has agreed to terms with Miller. Wrote Elway on his Twitter feed: "Can't wait to get him on the field."]

The final thing to remember as the first-year player contracts start to come in? There's a fifth-year team option built into these four-year deals, and that deal must be picked up by the end of the third year or else the amount owed balloons to an average of the top-10 salaries at the position.

If a player performs well in his first three seasons then, he stands to either get locked for a fifth year or find himself inked to a new contract sooner than he expected.

Everything's not all roses, though. Agent Jack Bechta writes at the National Football Post that some teams are utilizing dollars for later-round picks and allocating them towards first rounders. It's not happening often, at least right now, but Bechta cites it as a "disturbing trend" because it's something that could potentially create a false inflation system for first-round picks as agents try to get more money than the player drafted the previous year.

There's not telling how often that will happen going forward, but it's still a bit concerning as the rookies current wages are pushed back because of the new CBA.

On the bright side, if shifting salaries does happen, it's a lot less likely that JaMarcus Russell remains the biggest NFL Draft bust forever. So there's that.

UPDATED 7:48 p.m. ET: The Jaguars have announced that No. 10 overall pick, QB Blaine Gabbert, has signed his contract.

UPDATED 11:14 p.m. ET: No. 13 pick Nick Fairley has signed a four-year deal worth about $10 million with the Lions.

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