Former Notre Dame quarterback and second round draft pick of the Carolina Panthers - Jimmy Clausen - has yet to sign his first NFL contract. Clausen's surprising drop to the second round -- took millions of "guaranteed" dollars off the table in this negotiation. As a point of reference, Sam Bradford, the first QB taken (and #1 pick overall) is looking at $50 million guaranteed -- while Clausen, the second QB taken in the NFL Draft will be looking at probably $1.5 to $2 million tops in guaranteed money. Meanwhile two of Clausen's teammates; Sam Young (four-year deal, terms not disclosed, with a $110,500 signing bonus) and Eric Olsen (four-year deal starting at $395,000 -- don't know what signing bonus was) signed contracts with the Cowboys and Broncos, respectively, in the past week. Meanwhile, Golden Tate is still negotiating with the Seahawks. Earlier this month, the player drafted the spot before Tate -- signed a $3.25 million dollar four-year contract. Of the $3.25 million -- $1,025,000 was guaranteed. Meaning Tate will probably be looking at a contract totaling $3 million over four years with around $1 million guaranteed. The challenge for Clausen, Tate, Young and Olsen, with NFL contracts, is the only money guaranteed is the signing bonus. So, signing a four-year contract, like Young and Olsen did, doesn't mean you'll be employed -- you have to earn your spot, every day. Your NFL team could cut you tomorrow and all you're owed is the signing bonus. Fortunately, these four are more fortunate than most in the "LEAGUE" -- since they'll always have their Notre Dame education to fall back on. Here's hoping that's many years from now!
