After several weeks of reports the Raiders had asked veteran left tackle Donald Penn to take a pay cut, reports today say the 12-year veteran and the team have come to an agreement.
The chatter the past few weeks suggested Pro Bowl offensive lineman Donald Penn might be released if he wouldn’t take a pay cut in Oakland. According to widely circulated reports tonight, Penn has taken a small pay cut and restructured his deal to remain with the Raiders.
Las Vegas Review-Journal writer Michael Gelhken broke the story earlier this evening, stating Penn has agreed to receive more guaranteed money in 2018-19 to make his deal more team-friendly.
Raiders and LT Donald Penn have agreed to contract restructure, source says. In exchange to new team-friendly parameters, Penn will receive more guaranteed money over next two years than he otherwise was set to earn. https://t.co/iApx2ogLgg
— Michael Gehlken (@GehlkenNFL) August 14, 2018
According to the Review-Journal, Penn was scheduled to make approximately $6 million this season, with about half in guaranteed money and another $2 million in bonus incentives. What sort of pay reduction he accepted is unknown.
Penn suffered a foot (Lisfranc ligament) injury last season and has yet to take the field in training camp this year, although he did work out today in Napa, Calif. He remains on the physically unable to perform list.
Penn’s future in Oakland has been in doubt for weeks. Without the contract restructure, conventional thinking was the Raiders would let him go, saving upwards of $10 million in salary-cap space. With the team drafting two high-profile offensive tackles, and Penn’s continued rehab from injury, the level of uncertainty was high. In the end, Penn showed his desire to stay and play under new coach Jon Gruden by reworking his deal.
If Penn can recover from the injury, it’s almost certain he’ll start at left tackle. Rookie Kolton Miller has taken a majority of snaps with mixed results.