Posted by Josh Katzowitz
Aside from the big news that Patriots G Logan Mankins signed a six-year deal with his team, there was other important contract reports emanating out of New England on Wednesday.
Namely, that potentially high-impact (but certainly high-ego) players restructured their contracts in order to help the team save some cap money.
That’s the word from ESPN.com’s Mike Reiss, who writes that DL Albert Haynesworth and WR Chad Ochocinco signed news contract that will pay them less this year and more in 2012 and 2013.
For Haynesworth, he’ll make $1.5 million this season with no guaranteed money, and as Reiss explains, that means the Patriots could cut Haynesworth tomorrow and owe him virtually nothing (this almost assuredly leaves Redskins coach Mike Shanahan gnashing his teeth in frustration). New England will pay him a base salary of $6.7 million (with another $500,000 in bonuses) for 2012.
In Ochocinco’s case, the team will pay him $2.5 million this season (that’s a base salary, plus a roster bonus), and if he sticks around, the Patriots would pay him a combined $9 million for 2012-13. But the $2.5 million is a cheap price to pay for a man who potentially still has elite skill in his legs and hands but also might be getting old.
And as Yahoo! Sports’ Jason Cole points out, considering Haynesworth was originally supposed to make a base salary of $7 million and that he still can make significant money with incentives, the Patriots have the best of both worlds.
In order for him to get paid, Haynesworth has to play and play well. As we all know, that simply wasn’t the case in Washington, where he was going to get paid tons of money no matter how much -- or how well -- he played. Not surprisingly, you can say this: advantage Bill Belichick.
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