per PFT. I love this move
per PFT. I love this move
[COLOR=#00ff00]Also on ESPN and on 93.7 radio.[/COLOR]
So the Jim Wexell/Weslye Saunders tweets got the money right, but the player wrong? That's just weird...
hahahaha what a slap to Mike Wallace. Maybe this will convince him to show up. No doubt about it the Steelers were doing this to make a statement.
[COLOR=#00ff00]Anyone think that may be Wallace's ceiling for a contract ???[/COLOR]
Terms here...the signing bonus is the most important aspect of a deal, and a $8.5M signing bonus for Brown is an absolute coup...awesome.
[QUOTE]Steelers ink Antonio Brown to long-term deal
Posted by Mike Florio on July 27, 2012, 6:27 PM EDT
The good news is that a Steelers receiver has gotten a new contract. The bad news is that his name isn’t Mike Wallace.
Per a league source, the Steelers have signed receiver Antonio Brown to a five-year, $42.5 million extension.
Brown, a sixth-round draft pick in 2010, was the team’s MVP in 2011.
Signed under the old CBA, Brown was eligible for a new contract after two seasons. Players drafted in 2011 and beyond must play three years before doing new deals.
The contract helps the Steelers avoid in 2013 another Mike Wallace-style standoff. Since both players signed three-year contracts, each player was eligible for restricted free agency.
Brown gets a signing bonus of $8.5 million plus a base salary of $540,000 in 2012. In 2013, he receives a $2.5 million roster bonus and a $2 million base salary.
In 2014, the salary increases to $6 million. It stays at $6 million in 2015 before increasing to $8.25 million in 2016. Finally, he receives $8.71 million in 2017.
It remains to be seen whether this will make the Steelers more likely or less likely to do a deal with Wallace, who is scheduled to earn $2.7 million in 2012. It’s possible that the Steelers, exasperated by the negotiations with Wallace, offered to Brown the deal that had been on the table for Wallace.[/QUOTE]
Looks like Antonio's cap his for this season should be $2.24 million...that still leaves room to extend Wallace as well...
[QUOTE=DukieBoy;517007][COLOR=#00ff00]Anyone think that may be Wallace's ceiling for a contract ???[/COLOR][/QUOTE]
Wouldn't be shocked if the Steelers offered Wallace a similar deal. I'm glad they got Brown extended before the season.
See Mike Wallace??? The Steelers will work with you if you report!!!
Wait...just noted that it is a 5 year extension (in addition to this one already), so we've got him locked up for 6 seasons. If the cap hit is distributed over 6 years rather than 5, that would make his cap hit for this year $1.95 million.
Bittersweet! Love that we have Brown locked down but I still want #17 on board.