The Chiefs have opened a significant chunk of cap space. The team restructured the contract of offensive lineman Joe Thuney, according to ESPN’s Field Yates (on Twitter).
Specifically, the Chiefs converted $12.86MM of Thuney‘s base salary into a signing bonus. The move created $9.6MM in cap space.
Thuney spent the first five seasons of his NFL career with the Patriots, earning two Super Bowl rings and a second-team All-Pro nod.The former third-round pick ended up starting all 80 of his games during his time in New England.
The lineman inked a five-year, $80MM contract with the Chiefs last offseason, and he proceeded to see time in all 17 games for his new team, appearing in 99 percent of his team’s offensive snaps. Thuney also started all three of Kansas City’s playoff games.
Good for Joe! Cash that guarantee!