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Cowboys Re-Sign Newman to 6 Year, $50.2 Million Deal

Pro Bowl safety Terence Newman will likely finish out his career as a Dallas Cowboy.

The Cowboys and Newman on Tuesday agreed to a six-year contract extension worth $50.2 million, beating a deadline in which the salary-cap rules will change after NFL owners decided to opt out of the final three years of the collective bargaining agreement. He will receive $22.5 million guaranteed over the first three years of the contract.

Newman, the fifth overall pick in the 2003 draft, joins the likes of Tony Romo, Jason Witten, Bradie James, Jay Ratliff and Roy Williams in choosing to remain with the Cowboys with an extension before being able to hit the free-agent market.

Excellent news. It’s a lot of money to pay a guy who turns 30 this year, especially when the team has just invested a 1st and two 4th rounders on cornerbacks in the most recent draft (counting the trade for Adam “Pacman” Jones). But you don’t let top notch corners go in a pass friendly league if you can help it .

Yes, the price was steep. But it’s the going rate:

The deal puts Newman in the same neighborhood as two of the richest deals signed by cornerbacks last March. Philadelphia lured Asante Samuel away from New England with a six-year, $57 million deal, and Seattle kept Marcus Trufant with a six-year, $50.2 million. Both of those contracts included $23 million and $20 million guaranteed, respectively.

If anything, Newman was a bargain.

 
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