Gonzo Signs
Posted: Fri Jul 27, 2007 4:28 pm
INDIANAPOLIS (AP) -- Receiver Anthony Gonzalez, the Indianapolis Colts' first-round pick, agreed to a five-year contract worth up to $10.3 million Thursday, a person close to the negotiations said.
That person is not authorized to release details of the deal and requested anonymity, but said $5.4 million in the contract is guaranteed. The base deal is worth $7.5 million and Gonzalez can earn another $2.8 million through escalator clauses and bonuses.
Colts spokesman Craig Kelly said he could not confirm the deal.
By wrapping up negotiations this week, it assures Gonzalez of reporting to training camp on time with his new teammates Sunday. It also marks the earliest the Colts have had their top pick under contract since president Bill Polian joined the team in 1998.
Good news as Gonzo needs all the time he can get working with Peyton Manning and the rest of the offense.