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NFL Franchise Player Long-Term Deal Deadline on July 15
Published: July 15, 2009
If a franchised player is unable to workout a long-term deal by the end of July 15 then the player can only agree to play under the terms of their one-year franchise deal for the upcoming NFL season (ex. Carolina Panthers DE Julius Peppers’ one-year franchise deal is for approximately $16.7 million).
Already as of July 14, the Kansas City Chiefs locked-up franchised quarterback Matt Cassel by signing him to a multi-year contract extension. According to league sources, the six-year deal is worth $63 million, with $28 million guaranteed.
The new deal is the second big jump in salary for Cassel, who played for basically for the first time since high school in 2008 when filled-in for injured t...
Read Complete Article at Bleacher Report - NFL
Article Source: BleacherReport.com
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