R4Life
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Jordan to stay
Posted by Jerry McDonald - NFL Writer on Monday at 2:50 pm
Running back LaMont Jordan agreed to cut his roster bonus from $4.75 million to $3 million Monday and remain a member of the Oakland Raiders.
Jordan was due the $4.75 million Wednesday. Had he refused to renegotiate, it's possible the Raiders would have released him and he could have entered the lucrative open market.
Denver signed running back Travis Henry Monday to a deal which included $12 million in guaranteed money. Ahman Green signed with Houston with a reported $6.5 million in guarantees.
Henry and Green were both scheduled to visit the Raiders but signed before they got to Alameda.
According to Jordan's agent, Alvin Keels, Jordan's base salary this season will remain $1 million, improving to $4.7 million next season and $5 million in 2008.
"LaMont understands that there was a great possibility in today's market to earn more money elsewhere had the Raiders decided not to pay him his original bonus amount," Keels said by e-mail. "However, he is committed to helping this organization turn things around and as result made the compromise on the roster bonus adjustment."
http://www.ibabuzz.com/raidersblog/
Posted by Jerry McDonald - NFL Writer on Monday at 2:50 pm
Running back LaMont Jordan agreed to cut his roster bonus from $4.75 million to $3 million Monday and remain a member of the Oakland Raiders.
Jordan was due the $4.75 million Wednesday. Had he refused to renegotiate, it's possible the Raiders would have released him and he could have entered the lucrative open market.
Denver signed running back Travis Henry Monday to a deal which included $12 million in guaranteed money. Ahman Green signed with Houston with a reported $6.5 million in guarantees.
Henry and Green were both scheduled to visit the Raiders but signed before they got to Alameda.
According to Jordan's agent, Alvin Keels, Jordan's base salary this season will remain $1 million, improving to $4.7 million next season and $5 million in 2008.
"LaMont understands that there was a great possibility in today's market to earn more money elsewhere had the Raiders decided not to pay him his original bonus amount," Keels said by e-mail. "However, he is committed to helping this organization turn things around and as result made the compromise on the roster bonus adjustment."
http://www.ibabuzz.com/raidersblog/