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Hines Ward signs 4 year extension

Postby thesteelhammer » Sat Apr 25, 2009 4:07 pm

:subngtowl:
ESPNews reports the Pittsburgh Steelers have signed WR Hines Ward to a four-year, $22 million contract extension.

:subngtowl: :subngtowl: :subngtowl: :subngtowl: :subngtowl: :subngtowl: :subngtowl: :subngtowl: :subngtowl: :subngtowl: :subngtowl: :subngtowl: :subngtowl:

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Re: Hines Ward signs 4 year extension

Postby thesteelhammer » Sat Apr 25, 2009 4:21 pm

Wonder how much cap space was created?

http://sports.espn.go.com/nfl/news/story?id=4099845

The Pittsburgh Steelers wanted to make sure Hines Ward would complete what he had started -- one of the great receiving careers in Steelers history.

NFL.com Video

Steelers WR Hines Ward was mic'd up during the AFC Championship Game victory over the Ravens.
Ward agreed and signed a four-year, $22 million contract extension that will allow him to stay a Steeler the rest of his career, according to a source. Ward was scheduled to be a free agent after the season. He is now signed through 2013.

The deal also frees up valuable cap room for the team.

The 33-year-old Ward has 800 career catches for 9,780 yards and 72 touchdowns.

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Re: Hines Ward signs 4 year extension

Postby PSUPERCY » Sat Apr 25, 2009 4:48 pm

He deserves it!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! :surockin: :subngtowl: :surockin: :subngtowl:

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Re: Hines Ward signs 4 year extension

Postby thesteelhammer » Sat Apr 25, 2009 5:31 pm

Ed Bouchette, of the Pittsburgh Post-Gazette, reports the Pittsburgh Steelers and WR Hines Ward worked out a contract extension in part so the Steelers could save some much needed salary cap room, according to Ward's agent, Eugene Parker.

Ed Bouchette, of the Pittsburgh Post-Gazette, reports the agreement on the contract extension between the Pittsburgh Steelers and WR Hines Ward will be for either four or five years, according to Ward's agent, Eugene Parker. The deal reduces Ward's 2009 salary and includes a signing bonus that will be prorated over the life of the contract. Ward was originally scheduled to earn $5.8 million this season, and his cap figure would have been $8.55 million. Parker said that the new contract should ensure that Ward retires as a member of the Steelers. Ward has not yet signed the deal, and whether it will be four or five years hasn't yet been determined.

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Re: Hines Ward signs 4 year extension

Postby UncleDick » Sat Apr 25, 2009 6:42 pm

:subngtowl: :subngtowl: Hell Yes!!!!!!!!!!!!

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Re: Hines Ward signs 4 year extension

Postby steelcitymetal » Sat Apr 25, 2009 8:25 pm

:celebrate:
Image

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Re: Hines Ward signs 4 year extension

Postby neverenoughmerril » Sat Apr 25, 2009 9:34 pm

:cheers:

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Re: Hines Ward signs 4 year extension

Postby thesteelhammer » Sun Apr 26, 2009 9:02 am

more cap info coming out about this deal

http://sportsillustrated.cnn.com/2009/football/nfl/draft-2009/04/26/Steelers.Ward.ap/index.html
Wide receiver Hines Ward apparently will get his wish to finish his career with the Pittsburgh Steelers.

Ward, about to enter the final season of his contract, agreed Saturday to a contract extension that will pay him a lower salary than the $5.8 million he was to make this season but will make up the money in a signing bonus.

The deal was being finalized Saturday between the Steelers and Ward's agent, Eugene Parker, but is expected to be worth about $22 million over four seasons, although only a portion of that would be guaranteed.

The Steelers were only about $2 million under the salary cap last week, not enough money to sign their draft picks, and they have been working to create cap room since signing All-Pro linebacker James Harrison to a $51.75 million, six-year contract.

In addition to reaching terms with Ward, they restructured cornerback Ike Taylor's contract for the second year in a row. Taylor will make less in base salary than the $3.5 million he was to make but he will be paid a signing bonus that can be spread out for cap purposes over the length of the contract.

Last week, the 33-year-old Ward said he hoped to work out a new contract so he could end his career in Pittsburgh, where he has won two Super Bowls and played in four AFC championship games.

The leading receiver in franchise history with 800 receptions for 9,780 yards and 72 touchdowns, Ward -- a four-time Pro Bowl player -- was the MVP of the Steelers' 21-10 victory over Seattle in the Super Bowl in February 2006.

Ward had his best season since 2003 as the Steelers won the Super Bowl last season, making 81 catches for 1,043 yards and seven touchdowns, though he was slowed in the NFL championship game by a sprained right knee.

When the Steelers began offseason workouts last week, Ward said he didn't want to be one of those players who spends all or most of his career with one team but then finishes his career with a different team. He cited former teammate Jerome Bettis as a player who ended his career the right way, retiring after the Steelers won the Super Bowl three years ago.

"I don't want to put on another uniform," said Ward, who signed a $27.5 million, five-year contract in 2005. "I want to go down as one of the better players to wear the black and gold."

Ward has made more than twice as many catches as any receiver in Steelers history, except Hall of Famer John Stallworth (537 catches). Louis Lipps (358) is third in team history with 442 fewer catches than Ward has made.

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Re: Hines Ward signs 4 year extension

Postby Steel Holiday » Sun Apr 26, 2009 12:30 pm

Great news! :subngtowl: :subngtowl: Hines Ward in any other helmet :sufootballhelmet: but a Pittsburgh one just wouldn't be right. :sucope:

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Re: Hines Ward signs 4 year extension

Postby PSUPERCY » Mon Apr 27, 2009 1:09 pm

The Steelers were smart to do that too because you get an extra recievers coach in Ward. Sweed, Wallace, and Nance will need that, Holmes did.
:subngtowl: :subngtowl: :subngtowl: :subngtowl: :subngtowl:

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Re: Hines Ward signs 4 year extension

Postby Nashsteeler » Mon Apr 27, 2009 3:26 pm

Fuck the cap....u gotta love Hinesy if you're a Steeler fan! Glad he got his duckets.

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Re: Hines Ward signs 4 year extension

Postby hatethebrowns » Wed Apr 29, 2009 11:54 pm

PSUPERCY wrote: extra recievers coach in Ward. :subngtowl: :subngtowl: :subngtowl: :subngtowl: :subngtowl:


not only do you get a extra coach you get a guy that will do anything for the black and gold love the guy and glad to see he is going to be with us till the end
"Now that I'm here, I don't want to just be here, I want to be here for a long time." Hines Ward :D, 1998.

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Re: Hines Ward signs 4 year extension

Postby SteelLloyd95 » Thu Apr 30, 2009 12:40 pm

This shows again how we are different from other teams. We award players AFTER they perform. We do not lure supposed "stars" into town pay them millions and leave them with no motivation to play hard. We award excellence, instead of paying for possible excellence.

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Re: Hines Ward signs 4 year extension

Postby gutofsteel » Fri May 01, 2009 4:47 am

I thought the rookie pool was normally $4-$5M and is already included in the cap. Saying PIT is just $2M under and doesn't have money for the rookies doesn't make sense to me, as my understanding is that cap space has already been set aside.

My guess with Larry Foote being let go is they are freeing up money to extend Miller. I'd still expect a long-term deal with Starks at some point, which should give them money to add a vet or two for depth as they become available post-June 1.

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Re: Hines Ward signs 4 year extension

Postby GCCSteel » Fri May 01, 2009 8:03 am

Rookie cap money is definately not built into the cap. It is handled the same way.

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