The Oakland Raiders may not be done dealing just yet.
According to a report, the Raiders have restructured the contract of newly acquired quarterback Matt Schaub to lower his base salary and cap hit for 2014.
Adam Schefter of ESPN, via Twitter, reported:
Raiders QB Matt Schaub restructured deal with OAK, lowering base salary and cap # this year; still can earn $15-$20M the next two seasons.
— Adam Schefter (@AdamSchefter) March 24, 2014
Coach Dennis Allen said Schaub is the starter and is also considered to be the long-term solution at quarterback for the Silver and Black. Schaub will be 33 on June 25, far from ancient in an era when Peyton Manning is setting single-season records at age 37, and if he can be closer to the Schaub that went to the Pro Bowl in 2009 and 2012, the Raiders could take a significant step forward in the hyper-competitive AFC West, where every team not named the Oakland Raiders was a playoff team in 2013.
He’ll have a new weapon at wide receiver in James Jones, signed as a free agent from Green Bay. The offensive line has undergone an extreme makeover with the additions of Austin Howard, Kevin Boothe and Donald Penn.
That doesn’t account for the new faces on the defensive side of the ball, where the Raiders have added linemen JustinTuck and Antonio Smith, linebacker LaMarr Woodley and cornerback Tarell Brown and re-signed safeties Charles Woodson and Usama Young.
The Raiders came into this offseason with more cap room than any team in the NFL and a reshuffling of Schaub’s money gives Oakland more flexibility with the draft about six weeks away.