UPDATE 4 – Shaun Cody’s contract is for two years, $5.75 million, with $1.5 million guaranteed. Draw your own conclusions from that.
UPDATE 3 – Sigh. Sigh and groan. The Texans re-signed DT Shaun Cody to new deal as well, this according to McClain on Twitter. I’m guessing it’s not going to be backup money, so really? Shaun Cody as the nose tackle? Utterly ridiculous.
UPDATE 2 – RB Derrick Ward has apparently agreed to terms on a one-year deal to stay in Houston. This would be another move that surprises me. You know Ben Tate is going to be in the mix as well, so this could signal the end for Steve Slaton (who I think many of us agree wasn’t going to make the team in 2011 anyway barring unforseen events).
UPDATE 1 – John McClain is now reporting that the deal includes $6 million guaranteed. That seems fairly team-friendly, but again – Owen can earn $13 million in the first two years. Need to examine it a little closer later, but right now it seems like a fair deal for both sides. The question will be was it wise to spend on Owen when you have A) really good depth at his position, and B) desperate needs on the defensive side of the ball.
More on this story later, but to get the ball rolling here’s a quick entry to discuss the new four-year contract TE Owen Daniels has signed with the Texans.
Initial reports didn’t specify how much guaranteed money is involved, but the total deal (pending new information) appears to be four years, $22 million, with $13 million paid out in the first two years. Not bad for a guy with so many injury problems.
I’ll have more thoughts on this later, but for now – what’s your initial reaction to the deal? I’m surprised. The Texans have great depth at the position, and obviously need to spend some free agent money on their defense.
Check back for updates as they come.