Complex sentence: In 2006, Cheechoo signed a five-year contract extension worth US $15 million, paying him US $2.5 million the first two years, US $3 million the third year, and US $3.5 million the last two years.
Split into simpler sentences: In 2006, Cheechoo signed a 5-year contract extension worth US $15 million. The deal will pay him US $2.5 million the first two years, US $3 million the third year, and US $3.5 million the last two years.