Event Date: January 15th, 1983
Event Description: Federals Sign James
Source: Washington Post
The Washington Federals announced yesterday the signing of Southern Methodist running back Craig James, the team's first-round draft choice. Although team officials refused to comment on the terms of the agreement at a press conference at RFK Stadium, the four-year deal is worth approximately $1.5 million in salary and signing bonuses, according to sources.
"We can now say with some good conscience, that we are giving the fans good football with some classy ballplayers," said Federals owner Berl Bernhard.
This signing, like that of Ohio State running back Tim Spencer last week by the Chicago Blitz, could signal the start of an expensive bidding war between the new United States Football League and the NFL, which holds its college draft in April.
Asked about the risk of signing on with a new league, James said, "The Joe Namaths and the Billy Cannons, everybody laughed at them when they went to the AFL. No one is laughing about it now."
Story-(Washington Post)
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