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As expected, the Steelers have restructured Antonio Brown’s contract, Adam Schefter of ESPN reports. According to Schefter, the restructuring clears $4 Mil in 2014 cap space. While it’s close to that, the maximum cap savings available by restructuring AB is $3,952,500.
While there are no official numbers yet, I can break down what the move likely looks like. Here’s a before and after:
| Player | Year | Base Salary | Signing Bonus | Salary Cap Number |
|---|---|---|---|---|
| Brown, Antonio | 2014 | $6,000,000 | $2,470,000 | $8,470,000 |
————————————————————————————————————————————–
| Player | Year | Base Salary | Signing Bonus | Salary Cap Number |
|---|---|---|---|---|
| Brown, Antonio | 2014 | $730,000 | $3,787,500 | $4,517,500 |
This move should put the Steelers in the neighborhood of $3.5 Mil under the $133 Mil salary cap. Expect more moves in the future. Lawrence Timmons is a prime restructure candidate, though, I don’t expect he’ll be max restructured like Antonio Brown was. Releasing or renegotiating with Ike Taylor will clear significant cap room. Signing Jason Worilds to a long term deal will clear additional room, as well. Extending Ben Roethlisberger could easily clear 4-5 Mil in cap space, though that is not an immediate need for the team.
