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Report: Campbell’s contract worth $55 million, $31 million guaranteed

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When word broke Thursday night that Cardinals defensive end Calais Campbell signed a long-term deal that replaces his franchise tender (technically, he had to sign the tender first), no numbers were reported.

A day later, ESPN’s Adam Schefter reports that the five-year “extension” is worth $55 million, with $31 million guaranteed.

Like many initial reports regarding the value of a big-money contract, there could be a disconnect between the reported numbers and the actual numbers. In Campbell’s case, the real money needs to be considered in light of the $10.6 million in fully-guaranteed salary that Campbell earned the moment he signed the franchise tender.

The separate question is whether it’s a five-year contract or a five-year extension of his one-year franchise tender.

Either way, we’ll track down the numbers and break them all down, eventually.