Osi's contract details

June, 5, 2012
6/05/12
3:13
PM ET
When Osi Umenyiora agreed to a new restructured contract, the numbers many of us heard initially were $7 million to $7.5 million for this coming season.

But the number Umenyiora is going to get is apparently lower than that. ESPN sports business analyst Andrew Brandt reports that, according to sources, Umenyiora's new raise increases his 2012 salary to "$6.5 million through a combination of salary, per-game roster bonuses and sack incentives. Some of the salary was converted to the signing bonus offered; a voidable 2013 year was also added in order to create some cap room."

Brandt's sources also say "the deal offers no franchise tag limitation" which is what Umenyiora confirmed on Monday.

Umenyiora said his longtime agent, Tony Agnone, would not sign off on the deal and the two had to temporarily part ways for the defensive end to go ahead and agree to the contract.

"My agent is a great agent," Umenyiora said. "In future negotiations, he is definitely going to represent me. He felt like it was a substandard deal. He felt like I was worth more than that. He wasn't going to allow me to sign something that was substandard in his opinion.

"But I also knew that I wanted to come here and play and be around my teammates and the money will take care of itself. We basically knew he wasn't going to allow me to sign. He has been my agent for five years and nothing got done. He didn't feel it was up to par."

The New York Daily News and Newark Star-Ledger are reporting the deal is worth a total of $6 million in base salary. Either way, looks like Umenyiora is going to make lower than the initial $7 million-to-$7.5 million many of us heard last week. In the end, Umenyiora opted to end the contract squabble and rejoin his teammates and the hope for him is that he will earn a big pay day next season.

And a content and motivated Umenyiora is very good for the Giants.
Ohm Youngmisuk has covered the Giants, Jets and the NFL since 2006. Prior to that, he covered the Nets, Knicks and the NBA for nearly a decade. He joined ESPNNewYork.com after working at the New York Daily News for almost 12 years and is a graduate of Michigan State University.
Follow him on Twitter »  Ohm's chat archive »

SPONSORED HEADLINES

Comments

You must be signed in to post a comment

Already have an account?