The contract given by the Rams to cornerback Cortland Finnegan pays him $24 million fully guaranteed on signing. With $3 million in 2014 salary becoming fully guaranteed within days after the next Super Bowl, some would say that, as a practical matter, Finnegan has $27 million fully guaranteed.
And to the extent anyone doesn’t think agents have oversized antennae when it comes to apples-to-apples contractual comparisons, the fully guaranteed money paid to cornerback Brandon Carr by the Cowboys precisely splits the difference between $24 million and $27 million.
A source with knowledge of the situation tells PFT that Carr will receive $25.5 million in fully guaranteed money from the Cowboys. The payment comes from a $10 million signing bonus, a fully-guaranteed $1.2 million base salary in 2012, and a whopping — and fully guaranteed — base salary of $14.3 million in 2013. (It’ll make Carr’s cap number $16.3 million in 2013; don’t be surprised if he restructures next year to convert large chunk of that salary to a signing bonus and drive the cap number down.)
Also, $1 million of Carr’s base salary for 2014 is guaranteed for injury only on signing, and it becomes fully guaranteed on the first day of the 2014 league year. That would move the total guarantee to $26.5 million, just south of Finnegan.
The remainder of the payments to Carr under the five-year, $50.1 million contract (which barely passes Finnegan’s total value of five years and $50 million) comes from base salaries of $7.5 million, $8 million, and $9.1 million in 2014, 2015, and 2016, respectively.
Both guys got paid, a lot. Some would say too much. But the proliferation of passing offenses requires defenses to beef up the two positions most likely to disrupt the act of throwing and catching the football — defensive end and cornerback.