As free agency continues, teams will keep finding ways to open up additional cap. We’ve had a handful of reworked contracts in recent days, which we’ve compiled below:
- The Packers opened $10.15MM in cap space by restructuring the contracts of wideout Randall Cobb (which was previously reported) and safety Adrian Amos, per ESPN’s Field Yates (on Twitter). ESPN’s Rob Demovsky tweets that Green Bay turned $5.88MM of Amos’ $7MM base salary into a signing bonus and added four void years.
- The Broncos opened up some space via a pair of restructured deals. Wideout Tim Patrick converted $6.9MM of his roster bonus into a signing bonus, creating around $4.6MM in cap space, per Mike Klis of 9News in Denver (on Twitter). The Broncos also converted receiver Courtland Sutton‘s $10.5MM roster bonus into a signing bonus, saving $7.875MM in 2022 cap space, per Klis (on Twitter).
- The Panthers converted $11.765MM of wideout Robby Anderson’s 2022 pay into a signing bonus, creating $5.88MM in cap space, per Yates (on Twitter). Staying in the NFC, Yates also tweets that the Eagles converted $14.88MM of cornerback Darius Slay’s salary into a signing bonus, creating $11.90MM in 2022 cap space.
- The Giants converted $2.63MM of kicker Graham Gano’s salary into a bonus, creating $1.753MM in cap space, per ESPN’s Jordan Raanan (on Twitter). The team also added a void year to the contract, something GM Joe Schoen was trying to avoid (per Raanan).
- After getting traded to the Bills, quarterback Case Keenum agreed to rework his contract. Per Yates (on Twitter), Keenum reduced his base salary to $3.5MM. Another AFC East team, the Patriots, also got into the game, reducing defensive end Henry Anderson‘s base salary from $2.5MM to $1.25MM (per Yates).
- Yates passes along three more restructures (on Twitter): the Vikings opened $6MM in cap space by reworking safety Harrison Smith‘s contract, the Bills opened $5.172MM via linebacker Matt Milano‘s contract, and the Titans opened $6.45MM via linebacker Zach Cunningham‘s contract.
Yet another fine day of NFL “salary cap” manipulations
Well, they can manipulate it all they want, but a day will come when they have to finally pay that money…
It’s basically a trade to free up cap room now,but it will only clog up your future cap space…
And if a team co tunes to do it over and over they end up just like the Falcons for the past two years, and the Saints, thats why they’re going to be in cap hell for the next few years, if not longer…
Except the Falcons weren’t due to restructures. They just gave out progressively large contracts to some of their best players. Ryan, Julio, Grady, Jake Matthews, Debo Jones all just had large contracts. Was just poor cap management to be honest. Baltimore may be in that same bit as they’ve paid Stanley, Humphrey, Andrews and will have to pay Lamar this season as well as potentially Hollywood the next season and Marcus Williams contract is 18M each of the last 3 seasons.
NFL should implement rules against it then if it’s manipulated. Teams are within the rules to do it.
does anyone know what the Eagles saved with the Cox maneuver? no one seems to.
They saved about 4 million
Three fiddy
When is a cap not a cap? When TV money continually increases.
Did you mean “Panthers” in the headline?