Patriots offensive tackle Marcus Cannon has agreed to a restructured contract, as originally reported by Michael Silver of NFL.com.
Cannon, who is signed through 2021, had been scheduled to collect a $5.5MM salary and up to $500K in per-game roster bonuses in 2019. Instead, he’ll now earn a $1MM base salary, a $3.5MM signing bonus, and up to $1.5MM in per-game roster bonuses, tweets Ben Volin of the Boston Globe. Per Silver, New England also added incentives to Cannon’s deal that could raise its remaining value to more than $24MM.
Because Cannon’s new $3.5MM signing bonus will be prorated through the rest of his contract, the right tackle’s 2019 cap charge will decrease from $7.456MM to $4.935MM, a savings of roughly $2.5MM. Cannon can still make $6MM for the 2019 campaign, but he’ll need to be active for all 16 regular season games in order to do so (as a result of his new per-game roster bonus figure).
Cannon, 31, became a full-time starter for the Patriots in 2016 and inked a five-year, $32.5MM extension that fall. He’s been a high-quality right tackle ever since, although injuries have forced him to miss 12 games over the past two seasons.
Tom says thanks.