Breaking down Umenyiora's contract extension
AP Photo - Bill Kostroun
Publisher
Posted Jun 5, 2012
Aaron Wilson


The New York Giants and veteran defensive end Osi Umenyiora finally achieved a compromise last week, breaking their contractual stalemate after years of acrimony. Umenyiora fired respected agent Tony Agnone and operated as his own negotiator for a deal that puts $6 million in his pocket this season.

The $7 million deal is a one-year extension that essentially operates as a one-year arrangement for this season even though he's under contract through the 2013 season. In 2013, he's due a $1 million base salary. However, it's a voidable year and Umenyiora is expected to be allowed to become a free agent and not be designated as the Giants' franchise player.

Umenyiora is due a $2.5 million base salary this year, a renegotiated $2 million signing bonus, a $250,000 reporting bonus, a $500,000 roster bonus to be paid $31,250 per game that he's on the 53-man roster, and a $750,000 roster bonus paid out $46,875 per game that he's active.

Umenyiora was previously due a $4.725 million salary-cap figure with a $3.975 million base salary for 2012.

For more coverage of the NFL, go to profootball.scout.com. Follow me on Twitter: @RavensInside


Related Stories
Martin has to earn starting spot
 -by PantherInsider.com  Jun 14, 2012
McLendon Anchoring the Young Lions
 -by SteelCityInsider.net  May 30, 2012
BR Rookie Diary: James Brown
 -by BearReport.com  May 24, 2012

PREMIUM SUBSCRIPTION INCLUDES
> Members-only Forums
> Insider Information
> Free Agency &
   Draft News
> Expert Chats

Sign Up Today!

Free Email Newsletter
Don't miss any news or features from ScoutNFLNetwork.com. Subscribe to our newsletter to have our newest articles emailed to you on a daily or weekly basis.
Click here for a list of all Team Newsletters.

Add Players to My HotList
Get free email alerts with news about your favorite players. Click name to add to My HotList.
DE Osi Umenyiora (profile)
[View My HotList]
Add Topics to My HotList
Get free email alerts with news about your favorite topics. Click link to add to My HotList.
Football > Auburn HS > Alumni
Football > Troy > Alumni
[View My HotList]