Steve Smith extends contract in Carolina

Steve Smith extends contract in Carolina adds four years, through 2016 Rate Topic:

#1 Aargyle

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Posted 10 April 2012 - 05:37 PM

PFT:

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The Panthers confirmed to Joseph Person of the Charlotte Observer that they’ve extended Smith for at least four more seasons. Smith’s agent says the new deal goes through the 2015 season with an option for 2016. Smith turns 33 next month, so this deal could be the last contract he ever signs.

Financial terms of the deal have not been disclosed, but it is expected to cut Smith’s base salary for 2012 while giving him a big signing bonus that can be prorated over the length of the contract. That would alleviate some of the cap pressure on the Panthers, who are currently dead last in the league in cap space for this season and the only team in the NFL with less than $1 million in cap room.

Smith was set to make a $7.75 million base salary this year and to count $10.7 million against the Panthers’ salary cap. The 2012 season was the last year of his former contract.

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#2 ft_ball_fan

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Posted 11 April 2012 - 01:45 AM

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A person familiar with the deal told the Associated Press that Smith will earn approximately $18 million in guaranteed money over the next three seasons. There also is a club option for the 2016 season. The person spoke on condition of anonymity because the terms of the deal have not been announced.

Glad to see Smith sign and hopefully finish his career in CAR and with Cam Newton... always liked SS... fights for the ball... over achieved his whole career IMO (as the only receiving threat on CAR, and not super tall--he was unstoppable when he had a good QB throwing to him). And--IMO at 6M per year he's a steal vs some of the younger WR's who just signed contracts for more (Pierre Garcon signed for 5 yrs, 42M... that ~8.5M per year.. I'd rather have SS than Garcon personally)...

#3 Football_Scooter

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Posted 11 April 2012 - 04:02 AM

Smith deserved that contract. Not sure how productive he'll be in year 4 but he should have at least 2 more years of production in him.

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#4 Portis26

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Posted 11 April 2012 - 11:52 PM

Football_Scooter, on 11 April 2012 - 04:02 AM, said:

Smith deserved that contract. Not sure how productive he'll be in year 4 but he should have at least 2 more years of production in him.

Teams option to give him a walker year 2 lol

#5 Stalker711

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Posted 21 April 2012 - 02:54 AM

Portis26, on 11 April 2012 - 11:52 PM, said:

Football_Scooter, on 11 April 2012 - 04:02 AM, said:

Smith deserved that contract. Not sure how productive he'll be in year 4 but he should have at least 2 more years of production in him.

Teams option to give him a walker year 2 lol

The Carolina youngsters best not get sideways with ol man Smith. He's still libel to punch them in the face...and I'd take Smith with his rage issues over just about anyone on that roster.