The Broncos were supposed to pay cornerback Champ Bailey $9 million in 2014. He’ll make 1/18th of that guaranteed in New Orleans.
Per a league source, NFLPA records reveal that the future Hall of Famer received $500,000 in guaranteed money as part of his two-year deal with the Saints. Initially reported as being worth “up to” $7 million, the contract pays out a base amount of $1.75 million in 2014 and $2 million in 2015, for a base value of $3.75 million.
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Source: Mike Florio (NBC Sports Pro Football Talk)