6 yrs, $30M with $10M guaranteed
Not a lot of money it would appear. Here is how I
assume the money will break down;
Money Archie gets
Year 1 - 12.1 (10 million signing bonus and 2.1 annual salary)
Year 2 - 2.6 (2.6 annual salary)
Year 3 - 3.1 (3.1 annual salary)
Year 4 - 3.6 (3.6 annual salary)
Year 5 - 4.1 (4.1 annual salary)
Year 6 - 4.6 (4.6 annual salary)
Redskin Salary Cap Hit \\ Penality for releasing Archie prior to said year
Year 1 - 3.76 \\ 10.00 (1.66 million signing bonus and 2.1 annual salary)
Year 2 - 4.26 \\ 8.30 (1.66 million signing bonus and 2.6 annual salary)
Year 3 - 4.76 \\ 6.64 (1.66 million signing bonus and 3.1 annual salary)
Year 4 - 5.26 \\ 4.98 (1.66 million signing bonus and 3.6 annual salary)
Year 5 - 5.76 \\ 3.32 (1.66 million signing bonus and 4.1 annual salary)
Year 6 - 6.26 \\ 1.66 (1.66 million signing bonus and 4.6 annual salary)
The critical point I suspect will be after year 3, Archie will count 5.26 million against the Redskins Salary Cap (which is well over his value). If the Redskins opt to release Archie, they will take a 4.98 million salary cap penality going into 2009.
I suspect they did the same type of contracts for each player they signed.