View Full Version : Bly finally signs with Denver;

03-28-2007, 02:22 PM
Adam Schefter of NFL Network reports that the Denver Broncos have signed cornerback Dre' Bly to a five-year, $33 million contract. The deal includes $16 million in guaranteed money.
After Bly was traded from the Lions to the Broncos, he indicated a preference to play for the Redskins. His agent thereafter tried to take the sting out of those remarks. At the time, we thought that the agent realized that such lip-flapping from Bly could make another trade unlikely.
Since then, however, player and team have gotten on the same page.
Bly was traded by the Lions because he did not fit within the team's Tampa 2 defense, which primarily requires cornerbacks to cover short zones and provide strong support against the run. The Broncos had a clear need for another starting-caliber cornerback after the death of Darrent Williams on January 1.
The contract that the Broncos acquired via the trade had one year remaining, at $4.2 million. Thus, Bly ends up with $28.8 million in "new money" in a package that is worth a total average of $6.6 million per year.
With Bly's deal and the seven-year, $64 million contract signed by Nate Clements earlier this month, the Broncos might want to give some thought to adjusting the paycheck of Champ Bailey, who is signed through 2010 at salaries of $720,000, $7.5 million, $6.5 million, and $9.5 million. He received an $18 million signing bonus in 2004, and he is widely regarded as one of the premier defensive players in the game.