In making this move, the Raiders will tender a minimum of the average salary of the top five cornerbacks in the National Football League or 120 percent of his previous year's salary, whichever is greater. The Raiders are offering the exclusive tender, which gives the team sole negotiating rights with Woodson.
"Placing this designation on Charles allows that he will remain with the Raiders next year," said Raiders Head Coach Norv Turner. "Hopefully we can enter into a long term deal in the future which will allow Charles to be a Raider for many years to come. I'm looking forward to working with Charles as well as the entire team."
Woodson was originally selected by the Raiders in the first round (fourth overall pick) of the 1998 NFL Draft. Woodson, 27, is a four-time Pro Bowler. Woodson was one of a handful players openly critical of former head coach Bill Callahan. Woodson added that he wanted to be the highest paid corner in the NFL and did not want the Raiders to slap him with the franchise player tag.