Thursday, August 11, 2011
Mark Anderson & Ocho follow-up
By Mike Reiss
After the contract talk from Wednesday night with Albert Haynesworth and Chad Ochocinco, here are two follow-ups:
1. Free-agent defensive end Mark Anderson was signed to a one-year deal worth $1.375 million. The pact included a $375,000 signing bonus. Anderson has played for the Bears (2006-2010) and Texans (2010), and had called the free-agency period humbling. He thought he'd generate more interest, but to get $375,000 in the form of a signing bonus isn't all bad for him considering he was cut by the Bears last October.
2. The blog post on the contracts for Albert Haynesworth and Chad Ochocinco has been updated. I got mixed up on one part of Ochocinco's deal that changes the context of analyzing it. Initially, it was my understanding that Ochocinco was to receive bonuses of about $1.5 million in 2011, 2012 and 2013, but that was a protated salary cap charge on his $4.5 million signing bonus. So Ochocinco gets $4.5 million up front, and then has base salaries of $1 million in 2011, $3 million in 2012 and $3 million in 2013. That makes his 2011 pay cut look a bit different -- from $6 million to $5.5 million.