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Panthers | Peete Agrees To Re-sign

Updating earlier reports, Len Pasquarelli reports for the Carolina Panthers have agreed to a three-year deal with free agent QB Rodney Peete (Panthers). He will sign a three-year, $4 million contract that includes a signing bonus of $500,000. In addition to the signing bonus, Peete will collect a roster bonus of $500,000. The base salaries for each of the three years of the new deal are $1 million. The contract also includes "makeable" incentives of up to $1.5 million in 2003 and about $2.5 million for each of the 2004 and 2005 seasons.

2003-03-05 12:17:21 | Source:

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