The source indicated Bailey signed a four-year deal that could be worth between $43 million and $47 million. The contract has $22 million of guarantees. In the first year of the contract, Bailey will make $15 million, which equates to the franchise number for a cornerback in 2011. ESPN
I really like this move for the Broncos/ Bailey/ NFL. Champ Bailey is still one of the best cornerbacks in the NFL and deserves the money and I'm glad that there was some loyalty with this deal. The Broncos have a lot of questions going into the season, how John Fox will do, if they will stand by Tim Tebow or not, Can Elvis Dumerville recover, so at least its a big weight lifted off their shoulders when they don't have to worry about a cornerback.
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