The Cincinnati Bengals locked up stud WR Chad Johnson, restructuring his current contract and extending it throughout the 2011 season.
In essence, by restructuring the remainder of Johnson’s existing contract, which was set to run through the 2009 campaign, the Bengals created a six-year deal with a total value of $35.5 million.
Of course, Johnson’s agent (and possible anti-Christ), Drew Rosenhaus, almost broke his arm patting himself on the back.
“In terms of ‘new money,’ and just being unique from the standpoint of being able to do something for a player who still had four years left on his [existing] contract, it’s really monumental,” said agent Drew Rosenhaus, who was hired by Johnson a year ago to upgrade his contract “As long as I’ve been doing this, I’ve never been able to get an extension like this, basically because of the time remaining on the contract. It’s historical. And it’s a testament to Chad, and how well he’s performed, and to Bengals management for the way they have handled this and the commitment they’ve made to him.”
Putting Rosenhaus’ blathering aside, this is good deal for both sides. CJ gets some new money and the Bengals lock up their star receiver for the next six years.
