d_wag Posted September 3, 2005 Share Posted September 3, 2005 "Simon's contract includes a $5 million signing bonus and $540,000 base salary this year, which translates into an economical $1.54 million hit against the salary cap. There's also an $8 million option bonus in 2006. It isn't guaranteed, so this could be a one-year experiment if Simon isn't everything the Colts believe he is." http://www.usatoday.com/sports/football/nf...-addition_x.htm he actually took less up front then what he would have made by signing the tag and likely entering the free agent pool next year.......he will defantiely be motivated with that 8M option bonus waiting for him, but i guess there is even the question of whether the colts will be in a cap postion to exercise it....... Link to comment Share on other sites More sharing options...
Steven in MD Posted September 3, 2005 Share Posted September 3, 2005 "Simon's contract includes a $5 million signing bonus and $540,000 base salary this year, which translates into an economical $1.54 million hit against the salary cap. There's also an $8 million option bonus in 2006. It isn't guaranteed, so this could be a one-year experiment if Simon isn't everything the Colts believe he is." http://www.usatoday.com/sports/football/nf...-addition_x.htm he actually took less up front then what he would have made by signing the tag and likely entering the free agent pool next year.......he will defantiely be motivated with that 8M option bonus waiting for him, but i guess there is even the question of whether the colts will be in a cap postion to exercise it....... 427996[/snapback] It is far less than the nearly 10M signing bonus the Eagles offered initially. I think he wanted out of the train wreck known as Philly. Link to comment Share on other sites More sharing options...
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