Picked up the specific contract details for a few of the Bears’ recent extensions. Wide receiver Marty Booker will officially sign his contract today at Halas Hall after completing a physical.
Tight end Desmond Clark received a $2 million signing bonus as part of his two-year extension that has him under contract through 2010. Clark received a $475,000 roster bonus on March 2. He has a base salary of $1 million for each of the next three seasons with roster bonuses of $475,000 to be paid in 2009 and 2010. So Clark’s two-year extension generated $4.95 million in new money for him with $2.475 million guaranteed.
Defensive end Alex Brown’s two-year extension was as reported. He received a $5 million signing bonus and will have a base salary of $5 million in 2010 and $5.5 million in 2011. That means $5 million was guaranteed with $15.5 million total in new money.
Quarterback Rex Grossman picked up a $1 million signing bonus with his one-year contract. He will receive a $500,000 workout bonus and get a base salary of $1.5 million. There is an additional $1.5 million available in not likely to be earned incentives. Those incentives are triggered by four mechanisms: play time, play time plus playoffs, play time plus 20 touchdown passes and play time plus a completion percentage.
Quarterback Kyle Orton signed a one-year extension through 2009. He received a $1.4 million signing bonus with a $100,000 workout bonus and a base salary of $1.3 million for this season. In 2009, Orton will earn $620,000 in base pay with another $100,000 workout bonus. He can trigger $1.5 million in additional payment in the form of bonuses and an escalator through the same mechanisms in place for Grossman.
Wide receiver Brandon Lloyd signed a one-year contract for the minimum-salary benefit. He receives a $40,000 workout bonus and will earn base pay of $605,000, but count only $485,000 vs. the salary cap.
Next up could be a contract for kicker Robbie Gould.