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More contract follow-ups

Email|Link|Comments (3) Posted by Mike Reiss, Globe Staff March 8, 2008 08:50 AM

A look at three recent contracts signed by players with the Patriots:

WR Jabar Gaffney's contract is a one-year package with a $700,000 base salary. He received a $500,000 signing bonus as part of the deal, as well as a $75,000 workout bonus. Gaffney's salary cap charge is $1.281 million.

CB Lewis Sanders signed a one-year contract with a base salary of $730,000. He received a $40,000 signing bonus. The contract qualifies for the veteran minimum benefit, meaning his salary cap charge is $491,000.

S Tank Williams signed a one-year contract with a base salary of $605,000. He did not receive a signing bonus. There is a $40,000 workout bonus as part of the deal. The contract qualifies for the veteran minimum benefit, meaning his salary cap charge is $491,000.

3 comments so far...

Hey Mike, any word on Adam Seward or Carl Haagans? Love to pick up a LB...Go PATS!

Posted by SamBam March 8, 08 09:04 AM

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In regards to Jabar Gaffney's contract, you had reported earlier that he received a one year deal at $2M. When I don the math in the breakdown, I get $1.275M. You have a cap charge of $1.281M.

I'm guessing there are some extra incentives that you didn't include?

Posted by Sean, Montreal March 8, 08 01:39 PM

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Hi Sean. I assume there are some incentives, although I am not sure of that. The initial report of one-year, $2 million was cited from the source that first reported the information.
--Mike

Posted by Mike Reiss March 8, 08 06:02 PM

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