clock menu more-arrow no yes mobile

Filed under:

Terms Of Rosevelt Colvin's Contract Released

Thanks to John McClain's latest blog entry, we now know the terms of the three (3) year deal Rosevelt Colvin inked with your Houston Texans. And they are:

In 2008, Colvin gets a base salary of $1 million, of which $500,000 is guaranteed. He also gets a roster bonus of $343,750.

In 2009, Colvin gets a base salary of $3 million, of which $500,000 is guaranteed. He also gets a roster bonus of $343,750.

In 2010, Colvin gets a base salary of $3.5 million, with no guarantee. He gets a roster bonus of $343,000.

So, if Colvin plays well for the Texans and stays on the team for three seasons, and his contract isn't restructured, his total deal is three years, $8.529 million if I've added correctly. Only $1 million is guaranteed, though.

I LOVE this contract. Very little guaranteed money throughout the deal for a potential pass-rushing bookend for Super Mario, and only $500,000.00 guaranteed in Year One. In other words, if Colvin doesn't work out come training camp, the team can part ways with him without having to take a Casserly-esque cap hit. Looks like another excellent signing by Rick Smith, who is quickly becoming one of the most shrewd executives around. What say you, BRB?