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Larry Johnson ended his 25-day holdout Tuesday morning by finalizing a five-year extension that will keep him with the Chiefs through 2012.
Johnson's contract is worth $45 million, with $19 million guaranteed. Of the guaranteed money, $12 million is the signing bonus and $7 million is guaranteed salary.
Both sides were working on the deal Monday night. The final holdup was the payout over the first three years of the contract. Once that was resolved, Johnson decided to report and accept the Chiefs' proposal.
Johnson reported to the practice field late Tuesday morning, put on his helmet and was ready for duty. "It was a long, hard negotiation," general manager Carl Peterson said. "We are very happy to have all our children in camp now."
Johnson's contract is worth $45 million, with $19 million guaranteed. Of the guaranteed money, $12 million is the signing bonus and $7 million is guaranteed salary.
Both sides were working on the deal Monday night. The final holdup was the payout over the first three years of the contract. Once that was resolved, Johnson decided to report and accept the Chiefs' proposal.
Johnson reported to the practice field late Tuesday morning, put on his helmet and was ready for duty. "It was a long, hard negotiation," general manager Carl Peterson said. "We are very happy to have all our children in camp now."
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