[infantrycak]

Colvin signed a three-year contract that is very fair for him if he stays healthy and produces but also is very fair for the Texans if he doesn't. General manager Rick Smith and agent Kennard McGuire negoiated off and on for several weeks, and, ultimately, as you'll see, the deal can be good for both sides.

In 2008, Colvin gets a base salary of $1 million, of which $500,000 is guaranteed. He also gets a roster bonus of $343,750.

In 2009, Colvin gets a base salary of $3 million, of which $500,000 is guaranteed. He also gets a roster bonus of $343,750.

In 2010, Colvin gets a base salary of $3.5 million, with no guarantee. He gets a roster bonus of $343,000.

So, if Colvin plays well for the Texans and stays on the team for three seasons, and his contract isn't restructured, his total deal is three years, $8.529 million if I've added correctly. Only $1 million is guaranteed, though.

Link

Looks like a no risk/pretty low dollar deal for the potential upside.