Wednesday, March 28, 2007

Frank Gore is getting paid, signs a 4-year extension.

The San Francisco 49ers and runningback, Frank Gore, have agreed to a 4-year extension. In total the deal is a 5-year $28 million(he had 1 year left on his original contract). This deal comes after Frank Gore's outstanding season where he rushed for 1,650 yards and 1 touchdown. He also caught 61 balls for 485 yards and 1 touchdown. The former Miami Hurricane standout has proven to be one of the biggest steals in the draft after being selected in the 3rd round in 2003 because of a blown out knee. And after being the backup last season to Kevan Barlow, he was rewarded with the starting job this season and promptly led the NFC in rushing yards.

From, has learned that the 49ers reached agreement with Gore on a four-year contract extension through 2011, with the deal averaging just shy of $7 million in terms of so-called "new money."

Gore will receive an initial signing bonus of $6.5 million and total guarantees of nearly $14 million. The contract will pay Gore $13.862 million in its first two seasons and $18.212 million in the first three years. Because Gore had one season remaining on his original rookie contract, the four-year extension creates a five-year deal, and the total value over the course of the five seasons is $28.012 million.

Base salaries are $450,000 (for 2007), $2.5 million (2008), $2.5 million (2009), $2.85 million (2010) and $2.9 million (2011). The contract includes a $4.165 million option bonus and roster bonuses of $1.75 million (2009), $1.85 million (2010) and $2 million (2011). Gore's full base salary of $2.5 million in 2009 is guaranteed.

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