Texans RB Green Agrees To Restructure Contract
Thursday, August 28, 2008
Running back Ahman Green agreed Wednesday to restructure the 2008 portion of his four-year contract, reducing his base salary from $3.8 million to $1.8 million.
The deal frees up $2 million in salary cap money for the Texans.
Green, who hasn’t played since suffering a groin injury on the first play of preseason against Denver, is expected to start the first regular-season game at Pittsburgh.
In the deal negotiated by general manager Rick Smith and agent Joby Branion, Green agreed to give up $2 million in base salary and a $500,000 bonus for a chance to make $3 million in per-game bonuses.
In addition to his $1.8 million base, beginning with the second game — the home opener against Baltimore — Green will get $200,000 for every game in which he’s active. If he’s active for the last 15 games, he’ll make $3 million, bringing his income to $4.8 million.
The last two years of the four-year contract won’t change. His base salary next year is $4.8 million. His base salary in 2010 is $4.3 million. He receives $500,000 bonuses each year.
Last year, when Green suffered a knee injury in the first game and was limited to 260 yards rushing, he received a $5 million signing bonus, a base salary of $1.5 million and a roster bonus of $1.5 million.
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