When the Cardinals signed their current crop of free agents — linebacker Joey Porter, quarterback Derek Anderson, linebacker Paris Lenon and guard Rex Hadnot — much was made about the size of their contracts. But, especially for Porter and Anderson, both are clearly set up to give the Cardinals some leeway after one season if the team goes in a different direction.
According to the NFL Players Association, Porter’s three-year contract — worth a reported $17.5 million — provides Porter with a $1.25 million salary in 2010 and $5.75 million salaries in 2011 and 2012. Assuming the $17.5 million is correct, that gave Porter $4.75 million in bonuses or other non-salary money. Even if all that money is up front, that’s $6 million for 2010, not an out-of-whack up-front commitment. (UPDATE: Hat tip to Mike Sando, who saw the post and let me know Porter’s signing bonus was $4 million with workout bonuses of $250,000 each season. Seeing Porter work out the first couple days, I am guessing he’ll collect that money, but it also means “just” $5.5 million in 2010.)
Anderson’s deal was worth a reported $7.25 million for two seasons. His salary for 2010 is just $650,000 (with approximately $2.7 million in bonus money) before jumping to $3.9 million in 2011. Again, a fair split for a quarterback, and also workable if the Cards decide to quickly go elsewhere at the position. Much has been made about how much Matt Leinart will make in 2011 if he stays under his current deal (north of $12 million for sure, and more if he plays really well) but the Cards are clearly trying to stay flexible at the position.
Lenon is schedule to make $900,000 in salary this season before $1.4 million salaries in 2011 and 2012, while Hadnot’s salaries on a three-year deal break down to $1 million this year and $1.5 million in 2011 and 2012.
Tags: contracts, Derek Anderson, Joey Porter, Matt Leinart, Paris Lenon, Rex Hadnot
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