Albert Haynesworth inked the largest deal of the off-season on Friday with the Washington Redskins, agreeing on a seven-year, $100 million deal which includes an NFL-record $41 million in guarantees. Haynesworth could earn as much as $115 million if performance clauses are hit, and will receive approximately $32 million during the first 13 months of the contract, according to sources.

NFL.com Wire Reports:

The Washington Redskins were back to their old form as champions of the off-season, snagging the biggest name available in the first few hours of the open market. They agreed to terms with Haynesworth around dawn Friday, culminating a sleepless night that included a just-after-midnight deal -- six years, $54 million, $22.5 million guaranteed -- to re-sign cornerback DeAngelo Hall. "Wow! Amazing!" said Redskins defensive tackle Lorenzo Alexander, providing the almost universal reaction to Haynesworth's guaranteed payout, which tops the $37 million the Atlanta Falcons gave Michael Vick in 2004. All this from a team that has laid off at least 30 people since the start of the year in two rounds of cutbacks. The Redskins are among 10 to 12 teams that have cut staff because of the economic crisis, according to an NFL estimate, but marquee free agents appear recession-proof.

The Redskins are coming off an 8-8 season with an aging roster and only four picks in the upcoming draft, prompting owner Daniel Snyder to continue his trend of paying whatever it takes to get the player he wants.The Redskins front office renegotiated several contracts in order to fit Haynesworth under the salary cap, and the team is hoping that his presence coupled with Hall will help the team improve upon their one playoff win this decade.

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