Why didn't Jimmy Garoppolo's Raiders press conference happen on Thursday? A source tells jeffphowe and VicTafur that things are 'all good.' The belief is that an agreement will still be finalized, but tashanreed has questions.
To glean a potential explanation, it’s worth examining the contract that Garoppolo and the Raiders agreed to earlier this week. It included $33.75 million fully guaranteed at signing. That figure was composed of Garoppolo’s signing bonus, his 2023 salary and his 2024 roster bonus. That number is significant because it’s the only money that the Raiders were contractually obligated to pay up front.
That likely two-year commitment, however, wouldn’t cause the Raiders to suddenly get cold feet Thursday. After all, they knew that would be the case when they agreed to it in the first place. The most obvious potential sticking point is that Garoppolo’s contract technically included $45 million in total guarantees. The contract includes a clause where his $11.25 million salary in 2024 was injury guaranteed at signing. That means if Garoppolo were to suffer a significant injury in 2023 that caused him to miss time in 2024, the Raiders would be on the hook for that additional $11.25 million., teams must conduct physicals with players.
The Raiders have experienced a situation in the past when that became an issue. In 2014, they signed offensive lineman Rodger Saffold to a $42.5 million contract. On the day Saffold’s news conference was scheduled, the Raiders conducted a physical. After the results were known, owner Mark Davis became uncomfortable due to an issue with Saffold’s shoulder and made the call for the Raiders to back out of the deal. Saffold never signed and the news conference was canceled.
The Raiders will be in a tough spot if the deal falls through. They’ll receive an influx of cap space, but there aren’t many viable quarterback options on the free-agent market.
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