Derek Anderson Remains With Cleveland Browns

The clock struck 12:01 A.M. Friday morning and Pro Bowl quarterback Derek Anderson was officially a restricted free agent. After weeks of tireless work by Browns executives to keep their primary signal caller, a deal was unable to be accomplished.

Five hours later representatives for Anderson and general manager Phil Savage agreed to a three-year, $24 million contact with $13 million in guaranteed money.

After throwing for a career high 29 touchdowns and 3,787 yards in 16 games for the 10-6 Browns, it was necessary that a deal was consummated as quickly as possible. If Anderson bolted for another team, Cleveland would have received a first and third-round draft pick.