Wednesday, November 2, 2011

Report: Browns Offer to Hillis Guarantees $3 Million

With contract discussions between the Cleveland Browns and Peyton Hillis still ongoing, reports are now circulating that the team has offered the running back a three-year contract extension that would be worth $16.5 million, with $3 million guaranteed.Peyton Hillis 7

WOIO’s Tony Zarella, sports director of Cleveland’s 19 Action News, is reporting that the Browns’ offer is very similar to that of linebacker Chris Gocong, who signed a three-year extension a little over one month ago. The version offered to Hillis would pay the running back $4 million in the first year, $4.5 in the second and $5 million in the third with a signing bonus of $3 million that would be fully guaranteed.

The discussions appear to be at an impasse due to the guaranteed portion of the contract with Hillis looking for anywhere up to $10 million.  The Gocong deal guarantees the linebacker roughly $8 million and appears to be the starting point for both parties with the player feeling he should be compensated more, and the team feeling the contrary.

Hillis is in the final year of his rookie contract, paying him $600,000. He rushed for nearly 1,200 yards in 2010, but has been marred by injuries through much of 2011.

http://network.yardbarker.com/nfl/article_external/report_browns_offer_to_hillis_guarantees_3_million/7805527

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