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.

Posted in Uncategorized Tagged with: , , ,

Twitter

  • RT @Schottey: A stiff side wind would’ve sent that Manning pass clear into the stands.
    about 20 mins ago
  • Peyton was running for his life.
    about 20 mins ago
  • Can't recall many times Broncos have gone 5 drives without a score and won the game.
    about 23 mins ago
  • RT @BrandonSpano: Julius Thomas is about as soft as you can get in the NFL. Any softer and he was born with a different chromosome
    about 27 mins ago
  • @mikefreemanNFL Now as in this year? This month?
    about 29 mins ago