Photo: Wikimedia Commons
The Philadelphia Eagles made the biggest splash in the NFL free agency frenzy when they came out of nowhere signing Nnamdi Asomugha to a five-year, $60 million contract. But considering the amount of money available and where some thought Nnamdi’s contract would end up, this has to be a disappointment.Early in the free agency process, there was speculation that Nnamdi would get a new deal in the neighbourhood of $20 million per season. And considering there were 11 teams that were at least $30 million under the new salary cap, it seemed like Nnamdi would get his huge deal.
But the team with the most money to spend, the Tampa Bay Bucs, pulled out early, and the Houston Texans set the market with an offer that was only $12-14 million per season which may have opened the door for the Eagles.
In the end, Asomugha signed a deal that will pay him only $12 million per season. Of course, it’s still more than the $11.5 million per season Darrelle Revis makes with the Jets, after signing for four years and $46 million last fall.
Then again, Revis’ contract includes $32 million in guaranteed money, $7 million more than the guaranteed money ($25M) in Nnamdi’s contract.
And it might also be a blow to Nnamdi’s ego, as his new contract is actually a pay cut from his previous deal with the Oakland Raiders. Nnamdi, who had the final year of his contract voided, was making $14.3 million per season on his three-year, $45.3 million deal as the highest-paid defensive player in the NFL.
In Philadelphia, Nnamdi will finally get the attention he deserves. Fans may even learn how to say (and spell) his name, and he has a legit shot at winning a Super Bowl. But in the end, he will have to do it with a lot less money than some originally projected.
NOW WATCH: Briefing videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.