Not to jump my own horse.
But it's not just ProFootballTalk that say's it is true.
ESPN's Len Pasquarelli says
the Jacksonville Jaguars have signed RB Fred Taylor to a three-year contract extension. Taylor was under contract for the 2007 season, so the deal essentially creates a four-year contract worth $23 million. Taylor's base salary was reduced from $2.55 million to $800,000 for the 2007 season. However, a $4.2 million roster bonus was added for 2007. Taylor will receive a spring roster bonus of $1 million each year from 2008 through 2010. The deal includes base salaries of $4 million (2008), $5 million (2009) and $6 million (2010).
So there it is. One offseason question solved.