Tweet
"According to a league source, Martin will receive $24 million in new money on a deal that will pay him, in all, close to $30 million dollars.
Martin will earn between $17.5 million and $18 million over the first three years of the deal. Of that amount, roughly $10 million will be paid out in bonuses over the next six months, and another $2 million in guaranteed money will come later.
The new contract will take a big chunk out of Martin's cap number for 2002, which currently stands at $9.46 million. Martin's salary of $6.37 million will be reduced significantly, with his game checks replaced by the new bonus money.
The source tells us that Martin agreed to an arguably below-market deal for the same reasons that Marshall Faulk recently took a reasonable deal from the Rams. Martin wants the team to be able to keep/add other quality players, in order to pursue a championship."
This from
www.profootballtalk.com
Damn, I kinda wish this was hanging over the jets collective heads. They might be able to pick up help before the season starts...
Martin will earn between $17.5 million and $18 million over the first three years of the deal. Of that amount, roughly $10 million will be paid out in bonuses over the next six months, and another $2 million in guaranteed money will come later.
The new contract will take a big chunk out of Martin's cap number for 2002, which currently stands at $9.46 million. Martin's salary of $6.37 million will be reduced significantly, with his game checks replaced by the new bonus money.
The source tells us that Martin agreed to an arguably below-market deal for the same reasons that Marshall Faulk recently took a reasonable deal from the Rams. Martin wants the team to be able to keep/add other quality players, in order to pursue a championship."
This from
www.profootballtalk.com
Damn, I kinda wish this was hanging over the jets collective heads. They might be able to pick up help before the season starts...
Comment