all about da packers said:4packgirl said:technically it's "in principle" but i'd guess it'll be totally official soon!!
good to know you love me in a sisterly way since i'm OLD enuf to be your mother - in principle, of course!!
Packers sign Hawk to 6-year, $36M deal
By Pete Dougherty
[email protected]
Barring an unforeseen snag, linebacker A.J. Hawk -- the Green Bay Packers' first-round draft pick -- should be signed and ready to practice Saturday on the second day of training camp
Hawk's agent, Mike McCartney, said Friday his client has agreed in principle to a six-year, $36 million deal, though the sides are working out details. The player picked ahead of Hawk, left tackle D'Brickashaw Ferguson, signed a six-year, $37.5 million deal with the New York Jets that included about $17.5 million in guarantees.
"We're hoping to wrap it up tonight," McCartney said. "A.J.'s ecstatic."
Hawk's contract includes guaranteed money of about $16 million. The guarantees consist of a 2006 roster bonus of $1.91 million, a 2007 option bonus of $11,856,250 and portions of his base salaries.
Hawk also has a minimum play-time incentive that will increase the value of the deal substantially and get it in the $36 million range. If he plays in 35 percent of the defensive snaps this year, or if he fails to do that but plays in 45 percent in any subsequent year, his base salaries for all remaining years increase. If he reaches that incentive this year, which is a given barring serious injury, the value of the deal increases from $17.6 million over the first five years to $26 million, and in the sixth year he'll make either $10 million or the franchise tender for linebackers, whichever is higher. That sixth-year salary will be guaranteed if he's on the roster on the first day of the league year, which usually is in early March.
The Green Bay Packers have agreed in principle to a six-year, $37.5 million contract with A.J. Hawk, the fifth overall pick in the 2006 NFL Draft.
The former Ohio State linebacker hopes to get the language of the contract done by Saturday morning so that he can practice. Terms of his guarantees haven't been finalized. Those will be done Friday night and Saturday morning.
Talks between the Packers and Hawk's agent, Mike McCartney, heated up Thursday afternoon when the Jets completed a similar deal with D'Brickashaw Ferguson, the fourth pick in the draft. The Packers reported to camp Friday.
All of the Packers' draft choices now have contract agreements.
John Clayton is a senior NFL writer for ESPN.com.
4packgirl said:i couldn't BELIEVE it when i got on the site & nobody had posted it yet!! good news on hodge as well!!!
btw, i heard that Bush is "officially" holding out in N.O.!! not cool if it's really true. i guess he wants more dinero than williams got. arrrgh!!!
retiredgrampa said:Can someone clue me in as to why Hawk was paid so little this year(comparatively speaking) and $10mil NEXT year with a bonus. Usually it's the other way around. Must be a good reason. At first glance it would appear to be a blockbuster for a LB but as another poster stated.."..it will look cheap in a couple of years." Hawk has one GOOD agent, IMO. But don't get me wrong...I love having Hawk as a Packer.
PackwillBEback said:Overpaid, but glad he is going to sign...