As far as I can tell, the 'official' announcement hasn't been made, but the story being told all over the wires is that Eric Berry has finalized his contract. The important numbers:
- Six year contract
- $34 million guaranteed
- $60 million maximum
Arrowhead Pride is going chat-crazy over the news, so feel free to see how they feel about our newest favorite son.
If you break down the numbers, the maximum yields $10 mil per year on average. That's $625k per game, or over $100k per minute of clock time. Assuming he's on the field for half of that (which is a touch high), then he's basically making $200k per minute of playing time. [Edit: Math error. That's supposed to be $10k and $20k, respectively. Yeah, I can divide 600 by 60. --Hooper] Naturally, that's not accounting for practice time and all the other details he'll be involved with for the team, but that's still a boatload of money.
And none of us could be any prouder. If there's any player we felt was mature enough to handle this kind of a pay day, Berry's the one.