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May 15, 2006

Signing bonuses for undrafted free agents

Cornerback Jarrett Bush and offensive lineman Adam Stenavich were the two most pricey of the undrafted free agents signed by the Panthers.

According to numbers obtained by The Observer, Bush and Stenavich each received a $20,000 signing bonus. All of Carolina’s rookie free agents received three-year deals at minimum base salaries.

The only variation was in signing bonus money.

Here’s a look at how much each of the undrafted rookies received as a signing bonus:

Cornerback Jarrett Bush, $20,000

Offensive lineman Adam Stenavich, $20,000

Quarterback Brett Basanez, $12,000

Receiver Jovon Bouknight, $10,000

Receiver Taye Biddle, $7,000

Cornerback Albert Toeaina, $7,000

Receiver Lynzell Jackson, $7,000

Receiver Justin McCullum, $5,000

Receiver Daniel Smith, $5,000

Defensive end Devan Long, $5,000

Offensive lineman Adam O’Connor, $3,000

Cornerback Marcus Cassel, $1,000

Posted by Observer Sports on May 15, 2006 at 05:05 PM | Permalink

Comments

how does that work? do they still get that money if they don't make the team?

Posted by: josh | May 16, 2006 4:12:09 PM

I heard of Adam Stenavich he is not that bad of a tackle. I cant believe he was not drafted. He should be a okay backup for our line. Looks like with our new weapons the line will be key in running or passing.

Posted by: jaybird | May 19, 2006 8:55:51 AM

"All of Carolina’s rookie free agents received three-year deals at minimum base salaries."

Does that mean they all made the team?

Posted by: newbie | May 20, 2006 10:25:41 PM

I believe that they get all of the signing bonus, but only get the base if they make the team.

Posted by: unrulie | May 21, 2006 5:46:44 PM

yeah, i guess that's how signing bonuses usually work. 20k guaranteed seems like a large amount for someone who probably won't make the team.

Posted by: josh | May 21, 2006 10:06:09 PM

If you think about the signing bonus as thier pay for working through the preseason it isn't that much for 3-4 months. Most of these guys are getting 7k or less, split that by 3 months...

Posted by: John | May 24, 2006 4:13:31 PM

The comments to this entry are closed.

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