The more I look into Aaron Schobel's contract the more pissed off I am at him (and Nix for not standing firm). I don't wish Schobel good luck, he should have retired, honored his contract, or taken a salary cut to get traded.
He signed a contract extension on August 24, 2007 to extend his contract through 2013. The deal included $20M in guaranteed money which he will get every penny, not sure how much he has gotten already.
He was already under contract through 2010 under his existing contract!
Prior to signing his extension Schobel had three years left on his previous contract, a five-year deal worth about $23 million that included a $6.75 million signing bonus. He was to make $8 million in base salary over the final three seasons, including $2.5 million in 2007.
As he stated:
"Obviously, I had three years left on my deal so they didn't have to do anything ... so it's good: It's good for both of us," Schobel said after the Bills 28-17 preseason loss to Tennessee. "I like it here. This is my kind of style. I'm a small-town guy. I like the organization, I like the fans."
The Bill's feelings were the same:
"We're trying to keep our good players, and one of the ways you do that is you go to them early and work out deals in order to keep your own," Bills vice president Jim Overdorf said. "Hopefully, Aaron finishes his career as a Buffalo Bill. That was one of his objectives in this, too."
Schobel asked for the extension:
Schobel said he approached the Bills in seeking a new deal.
"That was my argument the whole time: 'Look what I've done. I think I should be paid for what I've done.' And obviously, they stepped up and did it," Schobel said.
He said the size of the deal doesn't add any pressure on him.
"That's the one thing, I don't want be overpaid and I don't want to be underpaid. That's my motivation," Schobel said.