Little more than 20 months after cornerback Nnamdi Asomugha became the crown jewel of the post-lockout free agency class, Asomugha has been relegated to the bargain basement.
Per a source with knowledge of the contract, Asomugha’s one-year deal with the 49ers carries no risk for the Niners, since he receives no guaranteed money.
The contract has a base value of $1.35 million, via a $1 million base salary, a $225,000 roster bonus if he makes it to the 53-man roster, $6,250 for each game on which Asomugha appears on the active roster, and a $25,000 workout bonus.
He can earn $425,000 in s0-called “likely to be earned incentives” tied to playing time and the 49ers making it to the playoffs. Asomugha also is eligible for $1.225 million in “not likely to be earned incentives” tied to playing time, qualifying for the Pro Bowl, being named to the Associated Press All-Pro team, interceptions, and qualifying for the playoffs.
So while, as it was reported when the deal was signed, Asomugha can earn up to $3 million, he’ll need to have a very, very good year to get it all.
The best news for Asomugha is that, regardless of what happens in San Francisco, he’ll still get $4 million from the Eagles.