Giants | Shockey Signs Five-Year Extension
Wed, 12 Oct 2005 14:30:53 -0700
ESPN.com's Len Pasquarelli reports the New York Giants have signed TE Jeremy Shockey to a five-year contract extension that will keep him under contract through the 2011 season. The deal, which makes Shockey the highest-paid tight end in the league in terms of "new" money, is worth $26.38 million and includes various bonuses that total $13.9 million. Shockey will pocket an initial $3 million signing bonus, and there is a $7.5 million option due in March of next year that is guaranteed for injury, a $1 million roster bonus due in 2007 and a total of $2.4 million in reporting bonuses over the length of the deal. Shockey will receive base salaries of $900,000 (for 2005), $950,000 (2006), $850,000 (2007), $2.225 million (2008), $3.25 million (2009), $3.825 million (2010) and $4.508 million (2011).
Wed, 12 Oct 2005 14:30:53 -0700
ESPN.com's Len Pasquarelli reports the New York Giants have signed TE Jeremy Shockey to a five-year contract extension that will keep him under contract through the 2011 season. The deal, which makes Shockey the highest-paid tight end in the league in terms of "new" money, is worth $26.38 million and includes various bonuses that total $13.9 million. Shockey will pocket an initial $3 million signing bonus, and there is a $7.5 million option due in March of next year that is guaranteed for injury, a $1 million roster bonus due in 2007 and a total of $2.4 million in reporting bonuses over the length of the deal. Shockey will receive base salaries of $900,000 (for 2005), $950,000 (2006), $850,000 (2007), $2.225 million (2008), $3.25 million (2009), $3.825 million (2010) and $4.508 million (2011).
