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Old 07-01-2004   #21
aj.
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Chiefs | Johnson Contract Breakdown - from www.KFFL.com
Thu, 17 Jul 2003 16:40:57 -0700

Updating previous reports, ESPN.com's Len Pasquarelli reports the seven-year deal Kansas City Chiefs RB Larry Johnson received is worth $8.847 million, including a $3.31 million signing bonus.

If certain playing time benchmarks are achieved, Johnson's deal will void down to a five-year, $6.7 million deal. He'll have base salaries of $452,000 (2003), $515,000 (2004), $628,000 (2005), $741,000 (2006), $854,000 (2007), $967,000 (2008) and $1.08 million (2009) and there are workout bonuses of $50,000 each for 2004 through 2009.

Babin base salaries from NFLPA (it's been out there for several days already):

2004 $456,003
2005 $1,038,503
2006 $432,503
2007 $584,003
2008 $735,503
2009 $887,003

I read where his bonus was around $3.8 million, which would make his total deal 6 years $7.93 million as compared to Johnson's 7 years $8.85 million. Babin's second year base is $500,000 more than Johnson's but Babin's 3rd through 6th year bases are a combined $500,000 less than Johnson's.

I'm not sure I see the problem unless it's in the bonus somewhere.

Last edited by aj.; 07-01-2004 at 10:24 PM.
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