Schaub took deep pay cut with Oakland Raiders

Schaub took deep pay cut with Oakland Raiders

Credit: Troy Taormina-USA TODAY Sports

Dec 1, 2013; Houston, TX, USA; Houston Texans quarterback Matt Schaub (8) walks on the sideline during the first quarter against the New England Patriots at Reliant Stadium. Mandatory Credit: Troy Taormina-USA TODAY Sports

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by Tom Pelissero / USA Today Sports

khou.com

Posted on March 27, 2014 at 1:39 PM

The restructured contract Matt Schaub signed upon being acquired by the Oakland Raiders included pay cuts in 2014 and ’15, after which he’ll become a free agent.

According to contract details obtained by USA TODAY Sports, Schaub can make $8 million in 2014 — $3 million less than he was due under his old deal with the Houston Texans – in the form of a $3.5 million roster bonus due next month and a $4.5 million fully guaranteed base salary.

In 2015, Schaub is due a $5.5 million base salary – down from $13.5 million in salary and bonuses under his old deal. The last year of his old deal in 2016 was deleted.

Schaub, 32, can make back $6 million ($3 million each year) through a variety of playtime and performance-based incentives, including making the Pro Bowl. His cap numbers are just $8 million in 2014 and $5.5 million in 2015.

The Raiders acquired Schaub last week for a sixth-round draft pick from the Texans, who benched him during their 2-14 season in 2013. He finished with 10 touchdown passes, 14 interceptions and a 73.0 rating, by far his worst since he became the Texans’ starter in 2008.

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