- According to Rapoport, the deal includes guaranteed money for the 2018 season and if he plays well, the guaranteed money can extend into 2019.
- Rapoport adds that Penn will average $10 million in the final two years of the agreement.
The two parties were reportedly close to an agreement on a new extension, so this shouldn’t come as a big surprise.
Penn ended his holdout a few weeks ago in the hope of getting a new deal worked out with the Raiders and it appears as though the team held up their end of the agreement.
Penn, 34, originally signed on with the Vikings as an undrafted free agent out of Utah State back in 2006. After a few months in Minnesota, Penn signed on with the Buccaneers during his rookie season and spent eight years in Tampa Bay before he was released back in 2014.
The Raiders signed to a contract soon after and brought him back on a two-year, $11.9 million contract that included $5 million guaranteed last year. Penn stands to make a base salary of $5.8 million for the 2017 season.
In 2016, Penn appeared in all 16 games for the Raiders and was rated by Pro Football Focus as the No. 12 offensive tackle out of 77 qualifying players.