Breaking down Matt Schaub's contract

Guaranteed $8 million in 2014. Aaron Wilson

Print This March 27, 2014, 08:00 PM EST

After a down season with Houston in 2013, Matt Schaub will still be paid handsomely in his new home in Oakland.

According to a league source, Schaub is guaranteed $8 million in 2014, though that is less than the $10 million he was due if he stayed with the Texans. After being traded to the Raiders, Schaub restructured his deal slightly, but will still pocket $8 million this season.

That number will be his cap figure in 2014, and he has a chance to earn an additional $3 million in performance-based bonuses, such as being named to the Pro Bowl, playing a certain amount of time and reaching the playoffs and making a Super Bowl appearance.

In 2015, Schaub will carry a cap figure of $5.5 million, which is also his base salary. He'll once again have a chance to earn $3 million in performance-based bonuses.

The restructured deal nixed the 2016 season, which will make him a free agent then instead.

Follow me on Twitter: @RavensInsider

Aaron Wilson covers the Ravens for The Baltimore Sun.

NFP's Introduction to Scouting Class is now registering for our Winter sessions! Save $200 if you register before December 1st! REGISTER NOW!

Check out our partners at TiqIQ for the best deals on all games on the 2014 NFL schedule.

NFP Inside Content. All Season.