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Nothing New On Contract Extension For LB LaMarr Woodley

Steelers starting outside linebacker LaMarr Woodley told us late Saturday night via Twitter that there is nothing new to report on talks of a contract extension. Woodley is headed into the final year of his rookie contract and is one of the few offseason priorities for the Steelers. The biggest obstacle will likely be the guaranteed money that the Steelers will need to get the contract to comply with the 30% rule. Woodley looks to get a deal similar to what 49ers linebacker Patrick Willis received this offseason. Willis signed a five-year extension worth $50 million in new money with $29 million of it being guaranteed. Football Outsiders recently broke down his contract and how it got around the 30% rule. The Steelers do not like to do contracts once the season starts, so Woodley is down to about 8 weeks, which is still plenty of time.

UPDATED Monday, July 12th: James Walker is now reporting that the Steelers have decided not to give outside linebacker LaMarr Woodley a contract extension before the start of the 2010 season according to a source.

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