Update: Fargas Contract Structure

Breaking Down Fargas contract to find the hidden Raiders agenda and what it means for our cap situation going forward.

2008: According to Jason Jones, Fargas is due $6 million in 2008. According to Jerry McDonald and the NFLPA, his base is $605,000

This means he is going to be paid $5.395 million in bonus money in 2008. Talk about a nice payoff.

2009: This is where it gets interesting. His base in 2009 will be just $2.5 million.

2010: $1.5 in base.

I’ve confirmed Fargas base salaries with the NFLPA. Rotoworld reports all $6 million of the guarantees will be in the first year. I can’t confirm this anywhere else.

This is a clear cut sign that Fargas contract is a three year deal that could be reduced to one or two if need be.

$6 million guaranteed in the first year ($605K of it being base) +$2.5 + 1.5 = $10.605. Where are we getting $12 from? How can he make all his guarantees in the first year and have those base salaries? Likely to be earned incentives could bridge the gap to $12 and unlikely could get the total to $14 I suppose. We don’t know what years the incentives kick in, but you can only make them if you are on the field.

In conclusion, Fargas deal can be cut down to one year or two easily. This ought to be a victory for the Raider fans still hoping for McFadden. The deal also works if we were to want to make Fargas the backup because he wouldn’t likely earn the incentives and wouldn’t likely cost more than his base salaries.

Also could be a large indicator they think Michael Bush is special.

Should be fun to watch either way.

Tagged with: , , ,
Posted in Uncategorized

Twitter

  • Fridge is like 4 years old. Bull dung.
    about 12 mins ago
  • Went grocery shopping and when I arrived home the freezer was out. Moved contents to big freezer. Now fridge is out & I'm camping at home.
    about 14 mins ago
  • RT @LATimesfarmer: Philip Rivers, 32, concentrates on the details of leadership for the San Diego Chargers http://t.co/flVGKybgCD
    about 11 hours ago
  • Help her out. RT @FBALL_Andrea: Anyone have a vintage Raiders jacket that could fit me and you're willing to part with? Let me know.
    about 12 hours ago
  • RT @RAIDERS: Top 10 Al Davis quotes presented by @Gil_Brandt #TuesdayTop10 - http://t.co/V4swzeuWWR http://t.co/WaWpJZO7dK
    about 12 hours ago