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Redskins guarantee Norman $36.5M in ’16-17
- Updated: April 23, 2016
Ever since Daniel Snyder became owner of the Redskins in 1999, the team has had a reputation of overpaying for free agents.
Snyder basically gave his money away to guys like Albert Haynesworth and Adam Archuleta, because he definitely didn’t get much in return those two. The Redskins also once gave a hefty contract to Deion Sanders, who only lasted one season in Washington.
Needless to say, you can’t blame any Redskins fan out there if they were little nervous after hearing that their favorite team dropped $75 million on Josh Norman in a five-year deal.
So should they be nervous?
Let’s take a look at the contract.
The most important part of any NFL contract is the fully guaranteed money at the time the contract’s signed. CBS Sports NFL Insider Jason La Canfora has reported that Norman’s guaranteed number is $36.5 million. That money comes in the form of a $15 million signing bonus and a fully guaranteed salaries in 2016 ($5 million) and 2017 ($16.5 million).
In Year 3 of the deal (2018), Norman is due a $13.5 million base salary that will become fully guaranteed if he’s still on the roster in March 2018. Norman is also due a per-game roster bonus in both 2017 and 2018, which can add a total of …
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