Ray Willis recently signed a two-year deal to stay in Seattle, and the financial terms of the contract were not immediately available. As promised, as soon as I found the information, I would let you know.
Ray Willis signed a two-year deal for $6 million. This included a $1 million signing bonus, a $1 million roster bonus and base salaries of $1 million (2009) and $2 million (2010). He can earn another $500,000 in incentives.
The cap value of Willis’ contract last season was $639,600, with a total salary of $525,160 ($520,000 base salary, $458,000 signing bonus, and $5,160 in other bonuses).
So the new contract is a significant increase in pay for Willis, but was necessary to keep him in Seattle. Especially with the Redskins, whose pockets seem bottomless, and Raiders pursuing the coveted offensive tackle.