According to Niner Cap Hell, Spencer was originally signed through 2008. Spencer has been the team's most consistent corner over the past couple of seasons. During his three seasons with the team (including this season) since being drafted in the 2nd round of the 2004 NFL Draft, Spencer has played in 33 games, made 163 tackles and grabbed on to 4 interceptions.
Terms of the contract are listed below:
2004 - 230,000.00
2005 - 305,000.00
2006 - 425,000.00
2007 - 510,000.00
2008 - 680,000.00
2009 - 1,670,000.00
2010 - 2,850,000.00
2011 - 3,100,000.00
2012 - 3,200,000.00
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