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Woodson contract update from kffl
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<blockquote data-quote="longtimefan" data-source="post: 69670" data-attributes="member: 145"><p>Packers | More details on Woodson's contract</p><p>Wed, 3 May 2006 06:03:21 -0700</p><p></p><p>PackersNews.com reports Green Bay Packers CB Charles Woodson's contract with the Packers pays him a $4 million signing bonus. In 2006 he will earn a $4.35 million roster bonus and a $53,000 workout bonus. In 2007, Woodson will receive a $1 million roster bonus, due the 10th day of the league year, plus a base salary of $1.25 million, plus a $100,000 workout bonus. His $1.25 million base salary is guaranteed against injury, so if he gets hurt and the Packers cut him in the offseason because of the injury, they still must pay him the $1.25 million. If they cut him simply for poor performance, they won't owe him anything. From 2007 until the final year of the contract, he'll receive a $56,000 roster bonus each week he's on the team's 45-man game-day roster. That means he can make $896,000 a season if he's activated for every game. He also can earn a $100,000 workout bonus each season from 2007 to 2011. Woodson also has incentives and escalators for making the Pro Bowl. Any season he's chosen for the Pro Bowl, he'll receive a $100,000 bonus, and more importantly, his base salary the following season will increase $1.5 million. If he makes the Pro Bowl as an alternate, he'll receive a $25,000 bonus and his salary the next year does not change.</p></blockquote><p></p>
[QUOTE="longtimefan, post: 69670, member: 145"] Packers | More details on Woodson's contract Wed, 3 May 2006 06:03:21 -0700 PackersNews.com reports Green Bay Packers CB Charles Woodson's contract with the Packers pays him a $4 million signing bonus. In 2006 he will earn a $4.35 million roster bonus and a $53,000 workout bonus. In 2007, Woodson will receive a $1 million roster bonus, due the 10th day of the league year, plus a base salary of $1.25 million, plus a $100,000 workout bonus. His $1.25 million base salary is guaranteed against injury, so if he gets hurt and the Packers cut him in the offseason because of the injury, they still must pay him the $1.25 million. If they cut him simply for poor performance, they won't owe him anything. From 2007 until the final year of the contract, he'll receive a $56,000 roster bonus each week he's on the team's 45-man game-day roster. That means he can make $896,000 a season if he's activated for every game. He also can earn a $100,000 workout bonus each season from 2007 to 2011. Woodson also has incentives and escalators for making the Pro Bowl. Any season he's chosen for the Pro Bowl, he'll receive a $100,000 bonus, and more importantly, his base salary the following season will increase $1.5 million. If he makes the Pro Bowl as an alternate, he'll receive a $25,000 bonus and his salary the next year does not change. [/QUOTE]
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