Saints LB Curtis Lofton's Deal Worth $33.5 Million

Newly-minted New Orleans Saints linebacker Curtis Lofton's five-year contract is worth up to $33.5 million and includes a $5 million signing bonus, according to a league source. During the first three years of the deal, the base salaries are fully guaranteed. That includes $700,000 in 2012, $1.1 million in 2013 and $1 million in 2014. He's also due roster bonuses of $5 million in 2013, $2.2 million in 2014 and $4.5 million in 2015. He's also due base salaries of $2.4 million in 2015, $5.4 million in 2016 and $6 million in 2017, which is a voidable year under the terms of the contract.

Source: Scout.com

 

I don't get it....all the rest of the FA's are going to cash in now.

 

great upgrade on the linebacker corps. seems like 2015 will be the contract restructure year.

 

look at the details a little closer ........... it's only $15 mill over the first 3 years ($5 mill/yr) and then the saints can get out of it if they want. that's not bad for a decent LB.

this contract is right where it should be.

i still don't understand where the saints are finding all this cap space all the sudden, though.

 

Because the cap is a joke

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Excellent deal for a quality mike on the open market. Not bad at all.