Advise on my Post Penguins Site Change/Redirect

Geeber463

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Like many, I was slapped like a red-header step daughter by Penguin. After I completely fell out fo the SERPS and my conversions of the service I promoted fell to zero, I focused on other project. Lukily, Spring/Summer is somewhat of an offseason for this niche.

After two months, I decided to test a redirect to one of my secondary sites (in the same niche). While I didn't regain my top 5 ranking, the article is in the top 20 and gave me some hope. Now I would like to redirect other pages and links to my secondary site, which would become my new money site.

I have only one caveat...

I have some paid links on the site that was slapped. While they aren't a huge amount of revenue, it is enough that I don't want to lose that revenue.

Are there any solution so I can have the best of both worlds - links redirecting and flourishing my former secondary site while still earning revenue from the paid links on the Google slapped site?
 
No thoughts, suggestions or advice from any of all the minds in this forum?
 
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