The details are in on Rodney McLeod’s reworked deal with the Eagles. McLeod’s 2019 base salary will drop from $7.5MM to $1.5MM under the revised terms, according to Field Yates of ESPN.com (on Twitter). In total, the move creates $7.469MM in new cap room for Philly. 
Under the old terms of his deal, McLeod’s contract meant that he was likely a goner in Philadelphia. McLeod has been a starter since the 2013 season and started the first three games of 2018 for the Eagles, but a knee injury ended his season in September. Given the Eagles’ limited cap room and the awful market for free agent safeties over the last year, McLeod probably didn’t have much leverage in this round of negotiations with Howie Roseman & Co.
On the plus side, McLeod has done well for himself over the course of his career. He joined the Eagles on a five-year, $35MM deal prior to the 2016 season and is still young enough to cash in again down the line. He’ll turn 29 in June, just before training camp begins for his eighth NFL season.
Wow! What a difference, they needed it to get him into a their salary cap crunch.
Wow
That’s a huge pay cut
creating space for foles?
Creating space to get under the cap so they can sign their draft picks and fill out a roster.
There’s no way Foles returns even if they could afford him which they can’t.
Don’t see how they could fit Foles and wentz with the other needs they have and limited cap
Why take a $6m slash to save a BU? He was saving his own job.
That’s a slash in base salary, I’m guessing his new deal will be incentive laden with the cap hit later.
Incentive laden? They got the guy to bend over and spread em so the only bonus he might get is some Vaseline.
Reports on 1/31 were that he’d get a million for playing all 16 games, but those had him with a $3 mil base. Not sure which report is correct.
Doubt it, Eagles were projected to be way over the cap already
They’re $14 million over the cap that’s why
Ian Rapoport
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#Eagles & S Rodney McLeod agreed to a restructured contract that pays him $3M base for 2019 with a $1M more if he plays all 16 games, source said. McLeod, coming off knee surgery, was to make $7.5M this year on a deal through 2020. The last year was cut off & he’s free after 2019
…and is still young enough to cash in again down the line.”
But only if he wins a powerball lottery.