The real numbers are in on the contract signed last week by Raiders cornerback DeAngelo Hall. And just like last year, when the $10 million annual average in the deal signed by cornerback Nate Clements was exposed to be worth in reality a bit over $9 million per year because the eighth year with a base salary of $16 million was literally phony, Hall’s deal has a base value of less than eight figures a season.
A league source tells us that the deal is actually worth only (only?) $66.28 million over seven years. And that works out to a yearly average of $9.467 million, less than the $9.5 million annual average of the deal signed by cornerback Asante Samuel with the Eagles.
The other $3.71 million comes from escalators tied to playing time. Hall might eventually earn those amounts, but they don’t kick in until year five, driving up the annual salaries in the out years of the deals and, as a practical matter, making it more likely that the team will opt to terminate the arrangement after four or five seasons.
Hall’s deal pays out $28.927 million over three years, $34.882 million over four, $43.126 million over five, and $53.659 over six.
The last year has a base salary of more than $12.6 million. Of course, if the salaries continue to skyrocket, $12.6 million could look like a reasonable deal come 2014.
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March 24th, 2008 at 9:17 pm
Sounds like Hall got hosed. It’s going to be tough to earn a living and raise a family off that chump change.
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Rating: 4 / 5 with 1 rating(s)
March 24th, 2008 at 9:18 pm
All that money a 2nd and 5th round draft pick. That’s a high price for a malcontent. This will work out as good as the Moss deal did for the Raiders.
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Rating: 1 / 5 with 1 rating(s)
March 24th, 2008 at 9:32 pm
This kind of injustice makes me want to punch my television.
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Rating: 3 / 5 with 2 rating(s)
March 24th, 2008 at 11:44 pm
Raiders part with this guy in 2-3 years…
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March 25th, 2008 at 1:03 am
So where is the most important number that nobody talks about? What is the actual cap hit for 2008? A $10M signing bonus prorated over six years and a $1M base salary for 2008 comes out to, what?, about $2.67M? How does that effect Asomugha’s exclusive franchise tag? Answer: it doesn’t because $2.67M isn’t even close to being in the top five CB contracts for 2008.
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Rating: 4 / 5 with 1 rating(s)
March 25th, 2008 at 10:46 am
That is known as WAY OVERPAYMENT for a player like Hall.
Way too much for what he shown on the field.
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