A. Smith extended through 2011
Defensive end Aaron Smith has been signed to a five-year contract extension, putting him solidly on the line through 2012 2011. 21
The standout defensive player’s contract details were not announced, but his salary cap number for 2007 is roughly $6.8 million, so the contract he signed was undoubtedly enormous. However, the contract may have included a restructuring of his 2007 numbers, or a drop in base salary for the next few years to keep his cap number lower for 2008-2009. More details to follow.
Update #1: The Post Gazette reports the final year of his current contract was nullified by the new contract, potentially saving the Steelers a lot of money this season by eliminating his ginormous 2007 cap number.
Update #2: The new contract is believed to be worth $25 million over the next five years, including $12 million between the 2007 and 2008 seasons. No specifics were given and it’s not yet clear whether the $25 million includes a signing bonus. The new deal means Smith will likely finish his career in Pittsburgh.