Here are a few details on recent contract restructures around the league:
- Lions edge rusher Romeo Okwara came to an agreement to restructure his contract at the beginning of the week. According to Field Yates of ESPN, the renegotiated contract reduces his cap hit in 2023 from $14.5MM to $5.65MM.
- After center Brian Allen reportedly agreed to a renegotiated deal, the Rams benefitted from a bit of cap relief. According to Jason Fitzgerald of OverTheCap.com, Allen’s restructured contract saved approximately $3.2MM in cap space for Los Angeles.
- The Jaguars were able to reach an agreement on a restructured contract with defensive tackle Folorunso Fatukasi recently. The team converted $7.38MM of Fatukasi’s base salary into a signing bonus and added three void years. The moves resulted in about $5.9MM of additional cap space in 2023.