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