Asomugha, Raiders nearing deal
Story Highlights
Deal could bring Nnamdi Asomugha at least $26M in guarantees
Contract has been sent to NFL Management Council for approval
The six-year deal has an out clause for Asomugha after two seasons
By Jim Trotter, SI.com
Nnamdi Asomugha and the Oakland Raiders are on the verge of a landmark contract that could bring the All-Pro cornerback $26 million, at least, in guarantees over the next two years, a source familiar with the negotiations said today.
Agent Tom Condon has forwarded the proposed contract to the NFL's Management Council for approval, which is usually the final step before a deal is finalized.
Asomugha, one of the game's top cornerbacks, will be franchised for a second consecutive year if the Management Council rejects the contract proposal. Teams have until 4 p.m. today to designate franchise players; the Raiders would use the tag on Asomugha to protect themselves from losing him in free agency without compensation.
The $26 million approximates what Asomugha would earn over the next two years if the Raiders used the franchise tag on him in 2009 and 2010. The source said the guaranteed money could climb as high as $29 million over the next two years. Even more noteworthy is the proposed deal, which runs six years for salary cap purposes, includes an out clause that would allow Asomugha to become an unrestricted free agent after the 2010 season.
Yesterday, the Raiders reached agreement with free-agent punter Shane Lechler on a $12 million, four-year deal that reportedly includes $9 million in
Not to sure about this out clause, but:
Giggity Giggity-Goo!!!!!!!!