Writers of Pro Football Prospectus 2008

09 Dec 2004

Harrison Gets $67 Million Extension

Edge's future is still up in the air, but Marvin Harrison will be sticking around in Indy. The Colts signed him to a new contract for seven fake years at $67 million fake dollars. Seriously, understanding the actual value of these contracts is next-to-impossible. Apparently this thing has enough flexible clauses to give the Colts the cap room to try to keep both Edge and Brandon Stokley too. But where will they find the cap room to get a better defense?

John Clayton says this is the most expensive contract ever for a wide receiver. Since those clauses are so flexible, I have no idea if this is true. If it is, it is a huge mistake. Marvin Harrison is in decline. He has been in decline for two seasons now. Of course, Marvin Harrison's peak was so ridiculously high that two years of decline still leave him as a very good receiver. But is he still one of the top ten receivers in the NFL? Will he still be one of the top ten receivers in a couple years? (Maybe, and probably not.)

Posted by: Aaron Schatz on 09 Dec 2004