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| 29th July, 2005 - 12:56 am |  ESPN - Maurice Clarett, who legally challenged the league for early entry, still hasn't given up the thought he should have been a first-round choice in the NFL.
Instead of suing the league, Clarett came up with a novel approach. He is putting his money where his mouth is. On Thursday, he signed a four-year contract in which he gave up the $410,000 of guaranteed money in order to secure an incentive-laden deal that could eventually earn him $7 million.
The complex contract, which includes more than $5 million of performance escalators, forced the Broncos and Clarett's agents to negotiate well into Wednesday night. After a few hours of sleep, they resumed their talks Thursday morning and reached agreement by the afternoon. Clarett was the last pick in the third round of the draft.
The contract was negotiated by Steve Feldman, Josh Luchs and Clarett's attorney and advisor, David Kenner.
"This deal struck gives Maurice the opportunity to be paid like the first-round draft choice he was born to be," Feldman said. [READ] |
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