When is T-New's contract up?

[SteveOS]

I have a feeling he's going to get a boatload of money, which is well deserved. Just curious. Henry had a nice payday and Roy is due for his quite soon, if I'm not mistaken. That would be a lot of money tied up in the secondary.

 

[littlewebs]

He has to have at least 2 years left, maybe more. He's only had 3 seasons and was the 5th overall pick. Odds are he got a 6 year deal. But I'm only guessing.

 

[Alexander]

He has to have at least 2 years left, maybe more. He's only had 3 seasons and was the 5th overall pick. Odds are he got a 6 year deal. But I'm only guessing.

He received a seven-year contract, I believe.

 

[JackMagist]

He received a seven-year contract, I believe.

I thought there was a 6 year maximum term on rookie contracts even before the new CBA.

 

[superpunk]

I don't know his contract specifics - but I give a hearty vote for a long extension before he ever sniffs free agency. Guy's a definite player, AND he "retired the trophy for working out." Whatever that means, lol.

 

[Alexander]

I thought there was a 6 year maximum term on rookie contracts even before the new CBA.

I cannot verify that this link is correct, but it says it clearly. At any rate, we will have to renegotiate because his cap hit is enormous at the tail end of the contract (if this is right):


http://www.rotowire.com/football/player.htm?ID=3008

Newman agreed to a seven-year contract worth $33.4 million with the Cowboys in July 2003, including a $13.1 million signing bonus and $15 million base salary (!) for 2009.

 

[Eskimo]

I thought there was a 6 year maximum term on rookie contracts even before the new CBA.

I don't know - I thought Henson got a 7-year deal too.

My recollection is he got a 7-year deal. According to the NFLPA he is signed through 2009 with the following salaries:

2003 1111000.00
2004 305417.00
2005 583167.00
2006 860917.00
2007 1138667.00
2008 1416417.00
2009 1694165.00

Adam will come along sooner and later and settle this one.

 

[SteveOS]

I cannot verify that this link is correct, but it says it clearly. At any rate, we will have to renegotiate because his cap hit is enormous at the tail end of the contract (if this is right):


http://www.rotowire.com/football/player.htm?ID=3008

Newman agreed to a seven-year contract worth $33.4 million with the Cowboys in July 2003, including a $13.1 million signing bonus and $15 million base salary (!) for 2009.

Wow, 15 million! in 09!

 

[WoodysGirl]

per article discussing S. Taylor's potential contract...

Last year's fifth pick, Dallas cornerback Terence Newman, signed a seven-year contract worth more than $20 million.

http://www.sportsline.com/nfl/story/7514668

per USA Today

Cornerbacks cornered the market as six No. 1 picks, four of them cornerbacks, agreed to contract terms with their NFL clubs on Thursday.
The fifth overall selection, Terence Newman, signed a seven-year deal with Dallas worth $33.4 million, including a $13million signing bonus.

-------------

Delivered:
After signing his deal with the Cowboys on Thursday, rookie cornerback Newman tacked on a promise.

"He said he wanted to make sure he earned every penny," said Newman's agent, David Ware. "I can't say that all of my clients have put it that way."

Newman's deal, which can void to a six-year contract with an easily attainable play-time incentive, includes a $13.001 million bonus that Ware says is the largest ever for a rookie defensive back.

As for earning his haul, Newman can start proving his point in a hurry as the Cowboys open camp Friday. Drafted fifth overall, he is expected to compete for a starting job this summer and add special-teams punch as a returner.

"It's a relief to get the contract done," Newman said by telephone from the Cowboys' camp site in San Antonio. "I'm ready to play and contribute. And this is what you play the game for, the chance to compete."

During minicamps, Newman was given an extra "job" by his demanding new coach, Bill Parcells: fetching water for The Tuna.

Now that he's decidedly richer?

"I'm ready to do that, too," he said. "I'll still get the water."

http://www.usatoday.com/sports/football/nfl/2003-07-24-nfl-signings_x.htm

another USA Today article

Cowboys sign Newman to seven-year deal
SAN ANTONIO (AP) — Cornerback Terence Newman, the Dallas Cowboys' first draft pick under Bill Parcells, signed a seven-year contract Thursday.

Newman, who could be the starter at left cornerback, was the fifth overall pick out of Kansas State last April. He was the highest of the NFL draft picks not to have signed.

Newman will receive a $13 million signing bonus, but other terms of the deal weren't released.

His proven ability at cornerback, a position where the Cowboys needed help, plus his return skills overshadowed questions about nerve damage in his left shoulder and the fact he'll be 25 when the season begins, about two years older than the average first-round pick.

"We think we're putting the pieces together ... to have one of the best young secondaries in the NFL," Cowboys owner Jerry Jones said. "The last few years have taught us how difficult it is to find great corners and how valuable they really are."

The 5-foot-10, 189-pound Newman was an All-American last season, winning the Jim Thorpe Award as the nation's top defensive back. He intercepted five passes and deflected 14 despite teams often not throwing to his side of the field.

The Cowboys also announced Thursday that they have agreed to terms with second-round pick Al Johnson, a center from Wisconsin. Details of the deal weren't released.

Cowboys vice president Stephen Jones said he expected Johnson to be in San Antonio by Friday, but wasn't sure about the team's other unsigned draft picks: tight end Jason Witten and linebacker Bradie James.

The four players drafted ahead of Newman in April had already signed, with No. 4 pick Dewayne Robertson getting a $54 million, seven-year deal earlier this week from the New York Jets that included a $13 million signing bonus.
Newman's signing came on the same day Cowboys players were required to be in San Antonio. The first practice is Saturday in the Alamodome.

"There was no doubt in my mind I would be here on this first day of our reporting date," Newman said. "I didn't want to be late and thought of as a guy who didn't want to be here. I wanted everybody to know I'm in it to win."

During minicamp, first-year coach Bill Parcells didn't allow rookies to wear the Cowboys' famed star logo on their helmets until he felt they earned it.

"I'm part of the Dallas Cowboys now," Newman said. "Hopefully I'll have my star on my helmet. If not, hopefully, I'll have enough money to pay for it."

Newman's signing bonus is actually worth $13,001,000 because Jerry Jones is superstitious about the number 13.

Last year, the Cowboys signed No. 1 pick Roy Williams and their second through fourth picks — offensive lineman Andre Gurode, receiver Antonio Bryant and cornerback Derek Ross — the day before practice began.

Williams, an All-America safety from Oklahoma who was a rookie starter, got a seven-year contract that included a $9.3 million signing bonus and rookie salary of $1 million. He was the ninth overall pick.

Quentin Jammer, the fifth overall pick in last year's draft by San Diego, got a $10.5 million signing bonus after a seven-week holdout.

Jones said he expected to pay a lot for Newman.

"As accomplished as he was in college (and) where we drafted him," Jones said. "We knew we were going to have to spend some money."

http://www.usatoday.com/sports/football/nfl/cowboys/2003-07-24-cowboys-newman_x.htm

 

[JackMagist]

Ok I guess you guys are right it was a 7 year deal. At any rate it will have to be renegotiated before the final year. Too much money and it probably will be voided down to 6 years anyway.

I do think that there is a maximum in the new CBA. I know that they put in a maximum term for 2nd round and lower players but I'm not sure about the 1st rounders.

 

[Ashwynn]

Never, hes a Cowboy for life.

 

[WoodysGirl]

Ok I guess you guys are right it was a 7 year deal. At any rate it will have to be renegotiated before the final year. Too much money and it probably will be voided down to 6 years anyway.

The article says it voids to 6 after making some easily attainable playing time incentives. I imagine he's already reached them or is well on his way...

May have to search Adam's posts to see if he has Newman's actual contract details.

 

[CrazyCowboy]

Newman will retire a Cowboy.....as long as he PERFORMS.

Ask Emmitt what happens when you get old...

 

[TheHustler]

I don't know - I thought Henson got a 7-year deal too.

My recollection is he got a 7-year deal. According to the NFLPA he is signed through 2009 with the following salaries:

2003 1111000.00
2004 305417.00
2005 583167.00
2006 860917.00
2007 1138667.00
2008 1416417.00
2009 1694165.00

Adam will come along sooner and later and settle this one.

If this is right, that's a fantastic contract for the Cowboys. $1.6 million in 09? Doesn't seem right though.....

 

[Alexander]

Wow, 15 million! in 09!

I believe that's a typo.

 

[Bob Sacamano]

just like Adam, to not be there when we need him, content to just pop up out of the blue

 

[felix360]

oh adam where art thou??

 

[AdamJT13]

Newman essentially is signed through 2008. His 2009 contract year, which has an escalator up to $15 million, is voidable.

 

[SupermanXx]

Newman essentially is signed through 2008. His 2009 contract year, which has an escalator up to $15 million, is voidable.

Thanks, Stephen Jones

 

[TheHustler]

Newman essentially is signed through 2008. His 2009 contract year, which has an escalator up to $15 million, is voidable.

So the contract posted is incorrect? That says his 09 contract is 1.6 million.