Haynesworth Could Be One and Done
The Washington Redskins signed defensive tackle Albert Haynesworth signed a record seven year $100 million contract. However, after looking at the details of the contract Haynesworth could be cut after only one year.
The amazing part of Haynesworth deal is the lack of a big signing bonus. According to SI.com’s Peter King, Haynesworth only received a five milllion dollar signing bonus.
The first four years of Haynesworth contract is $48 million total. Pittsburgh Steelers guard Chris Kemoeatu received a four million dollar signing bonus for a contract that totaled $20 million.
In the second year of his contract Haynesworth is due a $21 million option bonus. That means if the Redskins cut him before they are due to pay the option bonus they owe him none of it, and save $1.1 million against the salary cap.
The Redskins would save money, because signing bonuses are spread out over the life of the contract. So, if he was cut in the second year the signing bonus would be $2.5 million for each yea. Haynesworth due to earn $3.6 million salary in 2010, thus saving $1.1 million.
I cannot seeing any agent allowing their client to take so little of a signing bonus, so the decision had to be clearly Haynesworth himself.
Simply, Haynesworth is the biggest egotistical moron in the National Football League.