The April report from Michael Lombardi of NFP regarding quarterback Matt Cassel’s long-term deal indicated that Cassel would receive $36 million guaranteed on a six-year deal.
Though we are coming up empty via traditional efforts to determine details regarding Cassel’s deal, we currently believe that it’s indeed a six-year package, with a base value in excess of $60 million.
That’s more than the six-year deal Tom Brady signed with the Patriots in 2005, which further confirms that he’s one of the most underpaid players in the NFL.
We also believe that the three-year take, one of the key factors in determining the value of a contract, is more than $42 million.
Both the team and the agent, David Dunn, likely will be disclosing no details about the contract, in keeping with the whole “nothing good comes from saying anything” philosophy that G.M. Scott Pioli brought with him from New England.
Once the contract is officially filed with the NFLPA, however, the full numbers will be leaked.
And the precise comparisons to Brady’s deal undoubtedly will follow.