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 Beason's success triggers escalators in his contract

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G Killette
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G Killette


Number of posts : 1288
Registration date : 2008-10-18

Beason's success triggers escalators in his contract Empty
PostSubject: Beason's success triggers escalators in his contract   Beason's success triggers escalators in his contract EmptyWed Feb 25, 2009 2:07 pm

Beason's success triggers escalators in his contract
Jon Beason had great success on the field in 2008 and now he's being rewarded for it.

To the tune of $780,500.

Beason, who was voted to the Pro Bowl in just his second season with the Panthers and named All-Pro at middle linebacker, triggered some escalator clauses in his contract over the next three seasons because of his outstanding play. Beason’s base salary has increased $365,000 this year (from $735,000 to $1.1 million), $257,500 in 2010 (from $857,500 to $1,115,000) and $158,000 in 2011 (from $980,000 to $1,138,000), according to league documents.

This year’s $365,000 pay increase will count against the team's salary cap in 2009.

Beason is also due a $2.5 million bonus prior to next season as part of his original rookie contract signed in 2007. His contract with the Panthers runs through 2011, but you can bet at some point in the next two years the Panthers will look to sign Beason to a contract extension given how well he's played.
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