
Elvis Dumervil may have landed the contract extension of the year late Thursday night.
As we previously reported, the Denver Broncos and Elvis Dumervil agreed on a six-year, $61.5 million contract extension late Thursday night.
Now, the full contract details are emerging and it appears Dumervil got a far better deal than D’Brickashaw Ferguson received with the New York Jets recently.
Dumervil’s extension includes an $43.168 million injury guarantee and $58.332 million in new money according to Mike Florio at ProFootballTalk.com.
He’ll have to wait until next season to really cash in, however.
His 2009 base salary remains $3.168 million although the money was shuffled a bit. The salary itself was dropped to the league minimum, but the balance was paid in a signing bonus according to Florio.
When next season kicks off (whenever that may be), he will be guaranteed $14 million for skill with $6 million paid in advance.
The scenario repeats itself through the remainder of the contract with guarantees of $14 million in 2012, $12 million in 2013, $10 million in 2014 and $9 million in 2015.