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Details of McCoy Deal Surface

July 1, 2009

After confirming that rookie RB LeSean McCoy had agreed to a 4-year contract a few days ago, the Eagles have now released the details of the former Pitt star’s deal. The specifics have also been mentioned by an anonymous league source. According to these statements, McCoy (see picture) is due an approximate total of 3.47 million dollars over a 4-year time frame. It is likely not what kind of money McCoy was expecting when he opted to enter the Draft this offseason rather than continue at least 2 more years of college play, but it seems to be a fair deal and not an overblown, “not-worth-it” type of contract.

According to ProFootballTalk:
McCoy also will be eligible for a one-time incentive of $357,000, based on achieving playing time of 35 percent in his rookie year or 45 percent
thereafter. Though the $357,000 is not technically guaranteed, such payments are
regarded as guarantees, especially when paid to a player who is expected to get
plenty of reps and where the amount is guaranteed for skill and injury via
future base salaries. As to the base salaries, McCoy will earn the minimum
amounts: $310,000 in 2009; $395,000 in 2010; $480,000 in 2011; and
$565,000 in 2012.

As stated in a previous post:
McCoy finished off a 2 year career at Pittsburgh University last season,
and amassed a total of 3,365 yards from scrimmage and 36 touchdowns. Ranked as
one of the top runningbacks going into the Draft, McCoy was taken with the 53rd
overall pick by the Eagles, and compared well to starter Brian Westbrook while
practicing in mini-camps. He is undoubtedly going to be a key player in the
offense, whether that is this season, future seasons, or both.

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