Okung’s folly: One year, $8 million, back on the market
Russell Okung didn’t want to pay an agent three percent of a long-term, big-money deal. Instead, he got to keep 100 percent of a one-year, $5 million contract in Denver.
Praised for opting to negotiate his own contract, Okung’s much-hyped five-year, $53 million deal ended up being a one-season prove-it deal. He didn’t do nearly enough to prove to the Broncos that they should guarantee another $19.5 million.
None of the $5 million was guaranteed. Okung, who previously played for the Seahawks, had to participate in 90 percent of the offseason program and be on the roster at the end of it to earn the first $1 million. Then, he had to be on the Week One roster to earn a $2 million roster bonus and a $2 million salary.
So, basically, before he even had a chance to “prove it” as to the $19.5 million, he had to prove that he should be given a chance to earn the first $5 million.
The good news is that he’ll once again be a free agent. The bad news is that many more tackles will be available this year. The worst news is that, if Okung decides to not hire an agent, teams will be allowed to negotiate with the agents representing all of the looming free-agent tackles who have agents during the two-day legal tampering period. During that same window, teams won’t be allowed to negotiate with Okung.
UPDATE 2:25 p.m. ET: By participating in 99 percent of the team’s offensive snaps, Okung secured another $3 million in playing-time incentives. So the best tackle on the open market a year ago eventually earned $8 million without a penny of it guaranteed, and he’ll now be back on the market with a lot more competition than a year ago.