Bears extend Briggs through 2014
Posted: Wed Apr 11, 2012 6:03 pm
Per a league source, Briggs’ new deal pays $17.5 million over three years, $5 million of which is fully guaranteed. (As a practical matter, another $3.25 million is guaranteed, given that it’s highly unlikely the Bears will cut him this year.)
In 2012, Briggs gets $3 million to sign, a $3 million base salary, and a $250,000 workout bonus. That gives him $6.25 million; under his prior deal he would have earned $4 million.
Next year, Briggs is due to receive a $1 million roster bonus in June and a $4.5 million base salary, $2 million of which is fully guaranteed. He also is eligible for a $250,000 workout bonus. It’s a payout of $5.75 million. Under the prior deal, he would have earned $6.5 million in non-guaranteed base salary.
In 2014, Briggs is due to receive a $500,000 roster bonus in June and a non-guaranteed base salary of $4.75 million. He also is eligible to receive a $25,000 workout bonus.