San Francisco 49ers cornerback Nate Clements has four years remaining on an eight-year, $80 million contract he signed in 2007, but will be asked to take a pay cut to return in 2011, Matt Maiocco of CSNBayArea.com reports.
“I signed a contract and I plan to live up to it,” Clements said in the last week of the regular. “I’m not really worried about that. I’m confident in my ability. I understand that this is a business and change is made every year. So I’m not really worried about whether I’m here or not. But I signed a contract and I’m plan on being here.”
According to a source with knowledge of the contract, Clements is due to earn $7.25 million in base salary in 2011. The deal includes $8 million in “likely to be earned” incentives in 2011, and when you add in a $500,000 roster bonus (which Clements has eschewed the last few years) and proration of his $10 million option bonus, Clements’ salary cap number is over $17 million next season.
A new collective bargaining agreement is expected to include a salary cap.
In 54 games over four seasons with the 49ers, Clements has 272 tackles, 2 quarterback sacks, and 10 interceptions with 40 passes defensed.