LaDainian Tomlinson and the San Diego Chargers have been in talks for weeks. Finally they came to an agreement on Wednesday restructuring the final three years of his contract. This will give the team some needed cap room as well as secure Tomlinson’s job for the next few seasons.
According to a source, Tomlinson won’t take a pay cut from his $6.725 million salary in 2009 but the deal was restructured to give the team a cap break in 2009. Tomlinson’s cap number in 2009 was scheduled to be $8,791,666.
In addition to not taking a pay cut in 2009, Tomlinson receives an unspecified guaranteed amount of money in 2010. The amount might not be large enough to guarantee Tomlinson can’t be cut next year, but it gives him some security for the 2010 season.
A trade off, Tomlinson reduced his salaries in 2010 and 2011. He was scheduled to make $8 million next year and $9.275 million in 2011. The final three years of his old contract was worth $24 million over three years.
Tomlinson said, “I love San Diego and being a part of this team with my teammates. My No. 1 priority was to stay here in San Diego. I truly believe this is the place that gives me the best chance to be successful and win a championship. I want to finish the job we started when I got here eight years ago. My heart has always been in San Diego. I couldn’t imagine putting on another uniform.
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