Fanball wrote:Colts: Rhodes signs two-year deal
The Colts signed running back Dominic Rhodes to a two-year contract on Tuesday. The Indianapolis Star reports that the deal is worth $4.75 million and includes a $2 million signing bonus. "Dominic is thrilled to be back with this organization," Rhodes' agent Mike McCartney told the Star. Rhodes will once again serve as the backup for Edgerrin James.
Rhodes passed up the chance to become a free agent on March 2. This could prove to be a big signing for the Colts, as James might hold out during training camp in protest of being named the team's franchise player. Even if James signs the tender he's been offered, there is no guarantee that he'll still be with the team next year.
Nice little backup salary... I know its not huge news, but still. Maybe I have no idea what I'm talking about, but 2.375 million a year (plus one million signing a year) for a backup? Maybe if they trade away Edge, I see this move making perfect sense. But to hand over 7 million (roughly) to a backup with the way they spend money? Have the Colts completely forgotten about defense?
One of these days, I imagine the GM of Indy waking up in a cold sweat, and saying "Oh crap! The defense!"