Vernon Davis: Record-Setting Deal Shows 49ers Commitment To Winning With Class
September 12, 2010 · Patrick Goulding II · Jump to comments
Just 24 hours before the San Francisco 49ers kick off what they hope will be a very special season, they made another very substantial investment in their future.
As I predicted earlier this offseason, the 49ers signed team captain and Pro Bowl tight end Vernon Davis to a five year, incentive-laden contract extension. The deal is guaranteed to pay Davis $23 million over the life of the contract, but could be worth as much as $37 million if certain performance criteria are met, according to sfgate.com.
The incentive-based pay-out is an excellent compromise, affording Davis the opportunity earn close to the $40 million figure he had been clamoring for earlier this offseason, while still affording the 49ers some financial protection in the event that Davis's production tails off from his record-tying 2009 levels. Finalizing the deal prior to the start of the regular season also ensures there will be no possibility of a lingering distraction moving forward.
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