49ers signed CB Shawntae Spencer to a five-year contract extension through 2012.
Smart move by San Francisco, who reportedly locked up the improving corner for “only” a $6 million signing bonus. Exact terms aren’t available, but Spencer’s salary will top out at $3.2 million in 2012, which isn’t much. Spencer was one of the few surprise picks by former GM Terry Donahue that worked out well.
Spencer Signs Extension
By Erickson | at: 5:38 pm, filed under: 49ers News.The URI to TrackBack this entry is: http://49ersnews.blogsome.com/2006/09/20/spencer-signs-extension/trackback/
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Shaun Samra said:
Thank god, i was fearing that Spencer would pull a JP on us, and it looks like we’re still at our old pinny pinching ways. Well at least we know that Nolan isnt going to let everyone walk away, just the bitches.
16 mins after the fact.Eric said:
well said
1 hour after the fact.Jason said:
great move
2 hours after the fact.mdg said:
yes i think spencer can be real special in this league maybe not a ed reed or brian dawkings but up there
3 hours after the fact.hondakillerzx said:
smart move niners. lock him up before he has a break out season. he’s a great up and comming cb and a good young cb is hard to find. he will only get better.
4 hours after the fact.Davis #6 Pick for President said:
Penny pinching? Do you want us to get in salary cap hell again? Why pay more if he will sign for less. Shaun your post makes you sounds like a real thinker. I like what we are doing. We need to save room to sign picks and build for the future. The niners have been doing everything right lately.
4 hours after the fact.Shaun Samra said:
hey Davis #6 Pick for President, have u ever heard of a holdout. Perhaps Dieon Branch might sound familiar. The thing is i see it as player should get paid what they deserve and when they ask for it the fucking media makes the player look like an asshole. Im not saying pinny pinching is bad, however if Spencer decides in the future he deserves more, he wont get it from us cuz we pinch those damn pennies.
5 hours after the fact.Louis said:
Hey Shaun you don’t know what you are talking about. The 49ers are smart with their money but when it comes time to pay up they do. Alex Smith and Vernon Davis are perfect examples of spending when they had to while Antonio Bryant is a perfect example of being smart with their money.
7 hours after the fact.Shawntae Spencer said:
Shut up you pussies, I am happy with my new contract. I get to buy me a new S550 and build momma a new house.
7 hours after the fact.draper said:
Louis,
actually you don’t know what you’re talking about. The Niners had to pay big bucks for Smith and Davis due to the simple fact that they were #1 and #6 overall picks. Bryant had baggage coming over to this team, so he couldn’t market himself as a true #1 threat a la TO. Finally, this proves that the Niners actually know what they’re doing now. I can’t remember the last time we took a young promising player and paid him 2 years before his contract was up to lock him up for his whole (productive) career.
GO NINERS
17 hours after the fact.Niner said:
Yeah you guys are right- we’re penny pinchers. We should just give everybody $30 million dollar contracts and the superbowls will start rollin in.
17 hours after the fact.JUCJ85 said:
Exact terms are in, 5yr/$20M ($8.5M Bonus Money) deal.
19 hours after the fact.ninerberg said:
hey niner, tell the truth…you’re really Dan Snyder in disguise, huh?
19 hours after the fact.M_fresh said:
Great player and teammate. He will be in Hawaii!
20 hours after the fact.Louis said:
Draper,
The 49ers had BOTH Alex Smith and Vernon Davis signed before training camp. Teams that have a hard time paying up usualy don’t get their players in on time even though they have to pay up.
22 hours after the fact.