On Friday, Melvin Gordon finalized a two year deal worth $16 million with the Broncos, officially ending his tenure with the LA Chargers:
The first takeaway is that Gordon got dramatically less than he had originally wanted from his holdout. Gordon was looking for a contract in the range of $12+ million a year. Here, he ends up settling for just about eight million in average annual value.
Last summer, the Chargers offered Gordon a contract worth $10 million in average annual value. Looking at it as a two-year extension, Gordon would be making $20 million over the same period.