With the majority of the NFL beginning their 2019 campaigns tomorrow, a number of teams have slightly tweaked contracts in an effort to open some extra cap space. We’ve compiled some of the notable restructured contracts from this morning, along with some details on some recently-completed deals.
- The Broncos converted $17MM of Joe Flacco‘s base salary into a signing bonus, reports NFL.com’s Tom Pelissero (via Twitter). The front office also added a pair of voidable years to the contract, thus opening around $13.6MM in 2019 cap space. The veteran quarterback is still on the books for $20.25MM in 2020 and $24.25MM in 2021.
- The Giants made a similar move with offensive tackle Nate Solder, according to Pelissero (on Twitter). The front office converted $7.5MM of the veteran’s base salary to a fully-guaranteed roster bonus, opening up $5MM in cap space. Solder will still earn the same amount of money over the next two years ($13MM in 2019, $14MM in 2020).
- One more from Pelissero (via Twitter): the Panthers restructured the contracts of defensive tackle Kawann Short and offensive lineman Trai Turner, opening $13MM in cap space. While the team could use that open money for extensions, Joe Person of The Athletic tweets that the transaction is “more about taking cap space into next year.” Linebacker Shaq Thompson and cornerback James Bradberry are impending free agents, while running back Christian McCaffrey and quarterback Cam Newton could be eyeing lucrative extensions.
- The Rams converted $2.25MM of punter Johnny Hekker‘s base salary into a bonus, reports ESPN’s Field Yates (via Twitter). The move opens up around $1.69MM in cap space, allowing the team is better accommodate the recent extensions for quarterback Jared Goff and tight end Tyler Higbee.
- Center Mike Pouncey‘s one-year, $9MM extension with the Chargers will guarantee him $5MM in new money, tweets ESPN’s Dan Graziano (via Twitter). The guarantees include a $2.5MM signing bonus and $2.5MM guaranteed salary in 2020 (the full base salary is $6MM). The veteran’s cap number is now $10MM in 2019 and $7.75MM in 2020.
- Jacoby Brissett‘s two-year, $30MM extension with the Colts includes an $11MM signing bonus, reports Ben Volin of the Boston Globe (on Twitter). The quarterback has a $2MM salary for 2019, $2MM in per-game roster bonuses (for both years), and a $7MM roster bonus that’s guaranteed in March. As Volin notes, the 26-year-old will likely earn around $13MM to $15MM this season before renegotiating next offseason.
- Josh Doctson‘s deal with the Vikings is for one year at the league minimum of $720K, reports Ben Goessling of the Star Tribune (via Twitter). The deal includes no guaranteed money. Following the signing of the wideout and punter Britton Colquitt, Minnesota is now sitting with around $1.17MM in cap space.
Joe Flacco’s contract is really really bad. Dude is not good. He will be a INT machine in Denver.
But he’s cheaper by $6m+ than other starting QB’s.
But he’s about $15m worse, so it’s a net loss
I disagree
I believe this offense suits him
Flacco’s success is usually a result of having a defense that suits him and the Broncos defense should be able to keep games close enough for Joe to have some positive impact.
The quarterback position is going to be a train wreck – again.
Flacco is dramatic improvement over the buffoons before him,don’t care,just a Fact.If he is protected he’ll be just fine
He already has as many playoff wins at Mile High as Tebow!
Patience, he will get worse. It’s looking like another top 5 pick in 2020!