Reports: Raiders’ Penn agrees to restructure deal

NFL

NAPA, Calif. — Three-time Pro Bowl left tackle Donald Penn has agreed to a restructured contract with the Oakland Raiders, according to numerous reports, after the team requested a pay cut less than a year after giving him a two-year, $21 million extension.

Per the NFL Network, it is a “small pay cut,” while the Las Vegas Review-Journal reported Penn will “receive more guaranteed money over the final two years in exchange for accepting new, team-friendly parameters.”

Penn, 35, is on the physically unable to perform list after undergoing Lisfranc surgery on his right foot in December. Under his previous contract, Penn carried a salary cap number of $8.38 million for 2018 and was due base salaries of $6 million in each of the next two seasons. Per ESPN Stats & Information research, Penn was guaranteed $3 million this season with a $300,000 workout bonus based on six weigh-ins, with $50,000 per weigh-in.

Under the parameters of that contract, he was due a $1 million roster bonus on the fifth day of the league year in 2019 and his salary became fully guaranteed if he had 75 percent playtime in 2018.

With Penn unable to practice — coach Jon Gruden said Monday that Penn’s health was an “ongoing process” — first-round draft pick Kolton Miller has been starting at left tackle. Penn was giving Miller sideline advice during the Raiders’ exhibition opener against the Detroit Lions on Friday.

Products You May Like

Articles You May Like

Ranking the best five fights this weekend
England declare after Root century, New Zealand set 583
Cleveland’s Tom Hamilton wins Frick Award
Guardiola responds to Mourinho jibe: ‘It was a joke’
Clemson lands CFP spot on walk-off 56-yard FG

Leave a Reply

Your email address will not be published. Required fields are marked *