The Facts:
Walker did a "major restructuring" of his contract, a league source familiar with the significantly reduced deal told The Chronicle this morning, allowing him to stay on the team for a second season and giving the Raiders much-needed cap relief.
Reported by the San Francisco Chronicle
Fantasy Football Diehards Line:
For starters, Walker's $5 million roster bonus was eliminated -- well, sort of. Instead of a bonus, he'll get his adjusted base salaries guaranteed for the next two seasons against skill, injury and cap. As far as average annual salary goes, Walker went from (potentially) $9 million a year to $3.2 million a year. The Raiders win because his cap number just plunged from nearly $10 million to $2 million this season. Walker wins, sort of, because he would not have likely made anything close to this on the market if the Raiders released him, which a Chronicle staffer David White believes they ready to do if he did not agree to a restructured contract.
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