Wednesday, February 18, 2009

One Word Saves Broncos $3.6 Million on Williams Contract

The Denver Broncos and LB D.J. Williams have agreed to change one word in his recent contract extension and it will save the team $3.6 Million, and Williams couldn't be happier.



The word change was from roster to signing. Williams' $4.5 million roster bonus due by March 2 was converted into a signing bonus. Signing bonuses, unlike roster bonuses, can be prorated over the length of a contract, or five years in Williams' case.



The prorated figure on the salary cap will now only be $900,000 and much more manageable figure, and for Williams is guaranteed. This is what you call a win-win.

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