As expected, the Raiders trade for quarterback Matt Schaub came only after Schaub agreed to a restructured contract that lessened the financial liability for the Raiders.
Schaub, 32, was slated to earn $10 million in base salary in 2014, $12.5 million in '15 and $14.5 million in '16 under terms of the contract extension he signed with the Houston Texans in 2012.
The USA Today reported that Schaub's reworked contract calls for him to earn only $8 million next season — a $3.5 million roster bonus due in April and a $4.5 million fully guaranteed base salary.
Schaub's base salary jumps to $5.5 million in 2015, according to the report, but his overall payout is $8 million less than what he was slated to make overall under his Texans contract.
Also, the final year of Schaub's old deal was deleted.
Schaub is the Raiders unquestioned starter for 2014 based on comments made by general manager Reggie McKenzie and coach Dennis Allen.
If he plays well enough, Schaub has the potential to earn an additional $6 million -- $3 million this season and $3 million in '15 -- through incentives based upon playing time and statistics.
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