Warner and Cardinals agree on new contract

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UNCUT: Kurt Warner press conference

TEMPE -- Kurt Warner's staying with the Arizona Cardinals.

He agreed today to a two-year, $23 million contract.

The agent for the 37-year-old quarterback says the deal includes a $15 million signing bonus.

Warner made a highly publicized visit to the San Francisco 49ers on Monday. However, he'd made it clear he wanted to remain in Arizona, where he was the catalyst of the Cardinals' improbable run this past season to the Super Bowl.

The deal came after Warner lowered his demands yesterday. Initially, he'd sought to be among the top five paid quarterbacks in the NFL, about $14.5 million a year. But today, he told agent Mark Bartelstein to offer Arizona a two-year, $23 million deal. The Cardinals initially had offered two years and $20 million.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

The Arizona Cardinals sent out the following press release announcing the deal.

The Arizona Cardinals Football Club today announced that the team has agreed to terms with quarterback Kurt Warner on a two-year contract. In accordance with club policy, terms were not disclosed.

Warner, 37, completed his fourth season with the Cardinals in 2008. He led the team to an NFC Championship and an appearance in Super Bowl XLIII. Selected as the starting quarterback at his fourth Pro Bowl, Warner established new Cardinals franchise records for attempts (598), completions (401), completion percentage (67.1), passer rating (96.9), touchdown passes (30), consecutive games with a touchdown pass (22) and threw for 4,583 yards, the second-highest total in franchise history (Neil Lomax-4,614, 1984).

Named the "Walter Payton NFL Man of the Year" for his off-the-field community service, Warner finished second in the NFL this past season in completions (Drew Brees-413), completion percentage (Chad Pennington-67.4%), and passing yards (Brees-5,069 yards). He ranked third in the league in touchdown passes (Philip Rivers, Brees-32), pass attempts (Brees-635, Jay Culter-616), and passer rating (Rivers-105.5, Pennington-97.4).

The former Northern Iowa product has appeared in 50 games (46 starts) over his four seasons with the Cardinals and has passed for 13,237 yards and 85 touchdowns.