Sean Locklear takes a $2.2 million haircut

With only 26 members of the 2009 Seahawks slated to be on the opening-day roster, the number reportedly was due to shrink to 25.  On Friday, however, coach Pete Carroll disputed reports that veteran tackle Sean Locklear was on the outs.  (Rosenthal pointed it out earlier today.) 

“He’s with us and [I’m] happy and thrilled to have him with us,” Carroll
said Friday, via the Seattle Times.  “There’s no issue about
anything
.”

Carroll should have said, “There’s no issue about anything . . . anymore.”

As first reported by Jason La Canfora of NFL Network, we’ve confirmed that Locklear gave up $2.25 million in 2010 pay in order to stay with the team.

Per a source with knowledge of the situation, Locklear agreed to a revised deal on Thursday, which reduced his base salary from $5.45 million to $1.315 million.  Locklear also will earn a roster bonus of $1.935 million.  That pushes his total pay to $3.25 million.

Despite a suggestion that Locklear will be able to make back some of the difference with incentives, the source tells us that the contract provides for no further compensation.  Also, two additional years have been scuttled, and Locklear will be a free agent after the 2010 season.

42 responses to “Sean Locklear takes a $2.2 million haircut

  1. $2.25 million dollar haircut huh? Florio, we all know that you wear a wig. Why would haircut be on your mind?

  2. What? Maybe there’s some inside joke to which I’m not privy. Or maybe there’s some punnery in the post I’m not catching (locks? okay…but not funny). Perhaps, then again, there’s some Locklear history I’m not remembering.
    A $2.25 million haircut? What?

  3. That’s USC Pete for ya, sowing the seeds of love.
    Gotta love regime change. If only USC Pete would get Aaron Curry regimed to my Raiders, we’d have a complete linebacking trio in Oaktown.

  4. i never understand when teams try and give their blindside protection a pay cut. go ahead, piss him off. in someone like San Diego’s case, piss off your probowl left tackle, mcneil. when hes playing a blitz heavy defense and takes a few plays off and ends your franchise qb’s season, you’ll look like genius’ for getting that 2 million dollars back. morons.

  5. i have google imaged sean locklear and i have scowered every article ever written about him and i just dont understand this headline….unless i am wrong i will never visit this site again other than to look at these comments waiting for someone to steer me in the right direction…sean locklear doesnt have crazyis hair…nothing in his pay cut apparently talks about his hair….I HATE when people complain about “non news” on this site without realizing the reason people go to this site is because they report on the “non news” that espn doesnt….HOWEVER this headline literally disgusted me BEYOND BELIFE….its disgusting and HORRIBLE journalism. He takes a $2.25 million “haircut.” Is that supposed to be funny? Like if troy p took a pay cut id understand this headline but its sean locklear….once again i google imaged him and researched everything about him and this is single handedly the most disgusting, misleading, non funny, mildly offensive with its non funnyness, gross, non clever, horrible attempt at a headline, sickening, headline ever.

  6. Geez, Da Bills. Are you follicle challenged? Florio’s humor may be obtuse, but ‘haircut’ is not a disgusting word.

  7. DA-BILLS,
    anyone who goes on a epic rant about a typo in a headline seriously has no life whatsoever. and by the way, da bills suck

  8. DA-BILLS is really, really upset about this. Like, REALLY upset. His rage has made reading this article totally worth it.

  9. @smithopher
    Uh… That’s a great story bro, but Locklear has nothing to do with blindside protection. He’s a right tackle.

  10. Smithofer, you obviously don’t know much about the Seakawks or Locklear, but he doesn’t have anything to do with protecting Hasselbecks blind side because Hasselbeck is a righty and Locklear is a right tackle. Yes, Ruskell, the genius, paid Locklear starting left tackle money, but if you knew anything about Locklear, you would know that he doesn’t offer anything along the lines of protection no matter where he plays. And as soon as Okung’s healthy, Locklear won’t be starting anyway. Even after the paycut, he’s still disturbingly overpaid. But keep on with the calling the Seahawks morons even though you don’t have the slightest clue of what you’re talking about. Genius.

  11. “smithopher says:
    September 10, 2010 11:38 PM
    i never understand when teams try and give their blindside protection a pay cut. go ahead, piss him off. in someone like San Diego’s case, piss off your probowl left tackle, mcneil. when hes playing a blitz heavy defense and takes a few plays off and ends your franchise qb’s season, you’ll look like genius’ for getting that 2 million dollars back. morons.”
    First off, Locklear isn’t the blindside tackle. He’s the RT. And the previous regime gave him LT money because they expected him to take over once Walter Jones retired. He tried to play there last season and was awful. And honestly, he’s not a very good RT, either. What the Seahawks did was to stop paying a mediocre RT like a solid LT and by lopping off the last 2 seasons of the contract, they made this a contract year for him.

  12. Geez guys, from Wikipedia:
    “In finance, a haircut is a percentage that is subtracted from the par value of the assets that are being used as collateral. The size of the haircut reflects the perceived risk associated with holding the assets.”
    Its called a metaphor gentlemen.

  13. I can’t believe nobody can see that FloJo titled this article that way on purpose so that it wouold generate more hits and more comments. FloJo is not always as dumb as he looks!!!!

  14. Da-Bills fan:
    You offend me because of your stupidity. The majority of folks who responded to the article obviously are not intelligent enough to understand that he literally to not pay 2.5 million for a haircut.
    It is an old phrase that was used when a person takes a large pay cut or loses a large sum of money. In this case he was making approx. $6million and had his pay cut to $1 million to stay with the team for one year and lose his job next year. They did it to Julius Jones last week and Kellen Clemens was shown on tv during Hard Knox this process.
    Furthermore, non-Seahawks fans-refrain from commenting on the Seahawks unless you have knowledge of the team. It is a team you bandwagoning Cowboys, Steelers, Giants, Patriots, etc fans know nothing about. The Hawks are obviously rebuilding so we will suck this year and the next few. I hope Pete sticks around long enough to get talent in here.

  15. Coming from a Seahawks fan, this is either a misprint or some sort of stupid joke. What the basis of the joke would be has yet to be determined.

  16. So long DA-BILLS!! You won’t be missed!! Don’t be a liar now……you said you’re leaving, so please go!! One shitty poster down, several thousand more to go!!

  17. Smithopher: Locklear isn’t blindside protection. He is a right tackle. He remained a right tackle even after Russell Okung suffered a high ankle sprain. The Ruskell regime thought him to be a replacement for Walter Jones, the current regime does not.
    He was shopped around. When no takers were found, he was told to take a pay cut or get cut, at which point his best option is to play somewhere for league minimum, if he can find anyone willing to sign him at this point.
    The dude gave up a sack to Jason Babin in the preseason and basically didn’t look good at all. Stacy Andrews was brought in and is considered an upgrade. Andrews may even start opening day, with Locklear on the bench.

  18. Wow, the dumbass to intelligent post ratio for this article is about 11-2, with DA-BILLS leading the moron pack.

  19. “Haircut” is an extremely common term in the business world to describe matters like this. You guys are a bunch of know-nothing morons.

  20. Pete Carroll is a liar and a cheat, but I will say it’s nice to see someone have big enough stones to try and stop the runaway pay train. Guys like Locklear should thank his lucky stars every day he’s making even one million dollars. He’ll be a free agent next year, sign somewhere for the veteran minimum and be happy about it.

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