Rock gets new deal with Skins (3 yrs, $3.35M)

[JoeRedskin]

So it's essentially a 2 year contract w/ a (probably convertable) roster bonus.

W/out converting the roster bonus into a signing bonus: He counts 100K in 2010 if cut pre-year 3 - If on the roster he counts 1.6M. (If not converted he counts 945K in year 2)

Converting the roster bonus into a signing bonus: He counts 200K in 2010 if cut pre-year 3 - If on the roster, he counts 1.7M. (If converted he only counts 845K in year 2)

The convertible roster bonus is one of those really useful tools the Skins use in manipulating contracts to move cap hits around (e.g. if we have good cap numbers next year, then they probably won't convert Rocky's roster bonus. If a little tight, then they convert it).