AVM Posted August 21, 2007 Share Posted August 21, 2007 http://sports.espn.go.com/nfl/news/story?id=2984649 Larry Johnson ended his 25-day holdout Tuesday morning by finalizing a five-year extension that will keep him with the Chiefs through 2012. Financial terms of the deal weren't available, but ESPN.com's Michael Smith reported that the contract is worth $45 million, with $19 million is guaranteed. Of the guaranteed money, $12 million is the signing bonus and $7 million is guaranteed salary. Both sides were working on the deal Monday night. The final holdup was the payout over the first three years of the contract. Once that was resolved, Johnson decided to report and accept the Chiefs' proposal. Johnson reported to the practice field late Tuesday morning, put on his helmet and was ready for duty. It was a tough situation for the Chiefs and Johnson. He turns 28 years old this fall. Because of that, Johnson didn't want to play out the final year of his current deal and be in a position in which the Chiefs could make him their franchise player in 2008. Had that happened, it would have been hard for Johnson to get a big-money contract, since running backs nearing the age of 30 tend to not get big deals. For weeks, both sides had been chipping away and getting closer, but it was not close enough for Johnson to get the deal done in time to report to River Falls, Wis., where the Chiefs conducted their training camp. Camp broke last week and the team returned to Kansas City. By reporting and getting his new contract, Johnson has two possible games to polish his timing for the start of the regular season. He had an NFL-record 416 carries last season, and even though the team is expected to lighten the load this year, Johnson is considered the workhorse of the offense. Link to comment Share on other sites More sharing options...
Jet Moses Posted August 21, 2007 Share Posted August 21, 2007 Curtis Martin Part II. Link to comment Share on other sites More sharing options...
124 Posted August 21, 2007 Share Posted August 21, 2007 5 years, $45 million with $19 million guarenteed? Nice. He's getting paid $9 million a year (which I think may be more than LT?), but is getting less guarenteed money. The deal works out for both Kansas City and LJ. Now he just has to hope to stay healthy while Herm runs him into the ground. Congrats LJ, as of today you're at least $12 million richer. You could retire at the end of the season if you wanted too and live the rest of your life with plenty of options and sitting on the couch. Link to comment Share on other sites More sharing options...
CrazyCarl40 Posted August 21, 2007 Share Posted August 21, 2007 Priest Holmes is gonna be pissed. Link to comment Share on other sites More sharing options...
Sperm Edwards Posted August 21, 2007 Share Posted August 21, 2007 Curtis Martin Part II. No. Curtis' contract was larger by $1M & that was when the cap was like $50M lower. Link to comment Share on other sites More sharing options...
joebabyny Posted August 21, 2007 Share Posted August 21, 2007 5 years, $45 million with $19 million guarenteed? Nice. He's getting paid $9 million a year (which I think may be more than LT?), but is getting less guarenteed money. The deal works out for both Kansas City and LJ. Now he just has to hope to stay healthy while Herm runs him into the ground. Congrats LJ, as of today you're at least $12 million richer. You could retire at the end of the season if you wanted too and live the rest of your life with plenty of options and sitting on the couch. Good for him, he got out of a terrible deal that kc suckered him into, and will earn that money by the looks of things at KC camp (thank you hbo)! That boy is going to be run into and through the ground. Heck, he may end up in china by the time the season ends. Link to comment Share on other sites More sharing options...
BUM-KNEE Posted August 21, 2007 Share Posted August 21, 2007 Priest Holmes is gonna be pissed. And up for grabs. Link to comment Share on other sites More sharing options...
aec4 Posted August 21, 2007 Share Posted August 21, 2007 No. Curtis' contract was larger by $1M & that was when the cap was like $50M lower. Don't read too much into the total $ amount of a contract... it's virtually meaningless Link to comment Share on other sites More sharing options...
Jet Moses Posted August 21, 2007 Share Posted August 21, 2007 Link to comment Share on other sites More sharing options...
Sperm Edwards Posted August 21, 2007 Share Posted August 21, 2007 Don't read too much into the total $ amount of a contract... it's virtually meaningless LJ got $12M signing bonus on a $109M cap at age 28 CM got a $10M signing bonus on a $71M cap at age 29 Link to comment Share on other sites More sharing options...
Ghost Posted August 21, 2007 Share Posted August 21, 2007 Good for him. Link to comment Share on other sites More sharing options...
drago Posted August 21, 2007 Share Posted August 21, 2007 And up for grabs. i hope we don't take him. i think we have had enough broken running backs. Good for him. His career is over in two years. i bet he gets 1200 yards this year, 12 TD's, YPC should be right around 3 to 3.5. Link to comment Share on other sites More sharing options...
Ghost Posted August 21, 2007 Share Posted August 21, 2007 i hope we don't take him. i think we have had enough broken running backs. His career is over in two years. i bet he gets 1200 yards this year, 12 TD's, YPC should be right around 3 to 3.5. And his doesn't have the same OL as last year. Link to comment Share on other sites More sharing options...
drago Posted August 21, 2007 Share Posted August 21, 2007 And his doesn't have the same OL as last year. i know, hense the 3 to 3.5. Should be pretty interesting how this works out for him. he has a bad adittude, just got his payday, no offensive line, no QB, and RB killer for a coach. yikes. Link to comment Share on other sites More sharing options...
ECURB Posted August 21, 2007 Share Posted August 21, 2007 Priest Holmes is gonna be pissed. Like he had a chance... lol Link to comment Share on other sites More sharing options...
Blackout Posted August 21, 2007 Share Posted August 21, 2007 LJ got his due, lets see if he can hit 1500 yards again Link to comment Share on other sites More sharing options...
BwanaZulia Posted August 21, 2007 Share Posted August 21, 2007 He will need that money because the "370" rule is going to hit him hard this year. BZ Link to comment Share on other sites More sharing options...
serphnx Posted August 21, 2007 Share Posted August 21, 2007 It's good to see knowledgable fans, pretty much everyone on the board is siding with LJ as they should, with that idiot Herm in charge LJ is literally putting his body on the line and cutting his playing career and probably active life short. I can not begrudge the man getting paid for that. It's a lot of money but I don't think I'd want to carry the rock 420 times like 3 years in a row, which is what's going to happen to LJ. Link to comment Share on other sites More sharing options...
Bugg Posted August 21, 2007 Share Posted August 21, 2007 500 carries, or a ruptured ACL. But he's a "warrior". At that level of abuse he's going to get by Coach Jerk Chicken, he deserves the cash; he'll be done before the contract is. Link to comment Share on other sites More sharing options...
ECURB Posted August 21, 2007 Share Posted August 21, 2007 Sucks he will retire due to injury in 3 years.... Herm is a skill position killer... Link to comment Share on other sites More sharing options...
CrazyCarl40 Posted August 21, 2007 Share Posted August 21, 2007 Like he had a chance... lol That's what she said. Link to comment Share on other sites More sharing options...
SoFlaJets Posted August 21, 2007 Share Posted August 21, 2007 It's good to see knowledgable fans, pretty much everyone on the board is siding with LJ as they should, with that idiot Herm in charge LJ is literally putting his body on the line and cutting his playing career and probably active life short. I can not begrudge the man getting paid for that. It's a lot of money but I don't think I'd want to carry the rock 420 times like 3 years in a row, which is what's going to happen to LJ. LJ's a NY boy ain't he? I was hearing him talk on Hard Knocks well, we who are FROM there aren't fooled for long by charlatans the likes of Herm Edwards Link to comment Share on other sites More sharing options...
drago Posted August 21, 2007 Share Posted August 21, 2007 500 carries, or a ruptured ACL. But he's a "warrior". At that level of abuse he's going to get by Coach Jerk Chicken, he deserves the cash; he'll be done before the contract is. snow balls chance in hell that he lives out that contract. There is literally no way he will see year 5 of that deal. Link to comment Share on other sites More sharing options...
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