Contract restructures

What's taking the Steelers so long to free up some cap space, getting Timmons a new contract should be first up he's carrying a 15 million cap hit for 2016. They can't have much cap space after signing Green at TE, they have holes to fill on the roster DT, CB, and backup QB.

 

They were still at least $2-3M under the cap last I heard. Why restructure them when they may not need to right now. They know what they're doing and will restructure/extend people when the time is right.

 

are the best in the business...in working the numbers. We are normally millions of dollars in the hole by this time ....but we still find a way to sign all of our players.
We're in a much better situation this year

 

They cant restructure his present contract in it's last year so the only out they have is to sign him to a new 3 year deal like they did troy, and it cant be for big money but as a bridge to get 1 or 2 more years out of him...

http://steelerswire.usatoday.com/20...tatistics-contract-salary-cap-2016-extension/

 

we may soon see some moves if they designate adams and maybe spaeth as june 1 cuts. maybe they will try to trade suisham for something. what happens to bryants money this year? there are also a lot of 500,000 dollar guys that won't be around that they can move. i'm sure they are working on deals for DD. lots of things could be going on that are not final yet.

 

Someone said Bryant's money doesn't count since he's suspended.

 

That's what I meant by Timmons contract just worded it wrong, I expect him to get a new 3-4 year team friendly deal.

 

I have been wondering the same thing as far as Timmons, why wait unless they aren't going to extend him. As of right now according to overthcap we have 2.186 mil of space, and for the record this time of the year we can never be millons over the cap. Once the new year starts you have to stay under the cap.

I understand when the time is right with Decastro but why are we not extending Timmons, I thought this was gonna be done before FA. I am hoping this gets done cause we have enough needs not to add ILB to the draft list. Also read a Tweet that Colbert says Cortez Allen is still in the plans depending on health. Well there goes the 4.4 mil post June 1 money......

 

didn't they ask Cortez to take a pay cut?
plus there isn't a time limit to get a deal done with DD n LT right?
they could wait til season starts no?
could LT be stubborn in negotiations at this time now that Spence is gone? whats he due like 15M? maybe he wants to do one more year and retire?

 

Yeah they did ask Allen to take a pay cut but that's all that was said until today when Colbert said he was still in their plans. There is no time limit but if they were gonna extend Timmons you would have thought they would have done it since they have so many needs still and there are some good players still out there in FA.

As far a what Timmons is thinking I really don't know and I hope he isn't thinking retirement. I haven't read if they are talking extension, I thought I read on here somewhere they were. Right now he is counting 15.151 mil on our cap. I am not sure what I want more knowing we have LT locked up or the extra cap space we would get, lol!

 

That's where these things get tricky. I don't believe LT has 15 mil coming to him. I think that's his cap hit, a result of a previous restructure.

 

Correct 6.6 mil was turned into signing bonus, his contract is 8.750 mil.

 

Yeah but you would think even the little moves would eat up the 2 mil we have. Why not get the deal done and if a guy like pot roast wanted to sign we had money, or if we wanted to sign a few low level guys we have the cash. Can't really do much with 2 mil right, I agree that I think we may be done until after the draft but I hope not.

 

Well, they are going to have to get at least another 3 mil because the normal amount of money need to sign a normal draft class is 5 mil. So they are going to have to free up some money someplace.

 

Agreed and usually it is the 1st week of May that we are gonna need that money so really you got to think we are gonna hear something pretty soon on Timmons or Decastro or even Ben.......or all?????

 

They can restructure Ben if they need to. His contract alone should fix the cap if they make 2017 his low hit year I think.

 

I don't see why they would restructure at this point.

They just did a deal with Ben. They could ask Pouncey to restructure, but if anything I'd ask him for a paycut cause he is hurt all the time, something the Steelers obviously can't do. Timmons has lost a step, why kick his contract further down the road? They will most likely get rid of him in a year or two.

Plus Woodley and Troy's contracts are off the books.

Only benefit to freeing up even more money would be to resign Mclendon and a few of our own, but KC obviously would rather acquire players through the draft.

 

I have not seen Timmons "lost step" a few here keep taking about it but most feel his is fine. The guy has been nothing but steady and dependable all while being right up there as one of our best players if not our best. Oh yeah and he is the captain of our defense, did I mention he don't miss games?

I keep reading about Woodley and Troy's contracts, that has nothing to do with the cap right now we still have only 2 mil and we need more space. I don't feel we are going to fix everything in the draft and with only 2 mil that isn't enough for our draft class. Something is gonna happen and probably soon. I am against restructures cause that is only pushing the problem down the road. We can make moves that will get us tons of money like extend Timmon which we need to do and extend Decastro. Throw in whatever they do with Allen and Sushi and we could have another 20 mli no prob. But it has all been quiet so I am wondering what is going on, hard to believe there are no leaks about contract talks, the only thing I read was Colbert mentioned Allen is still in our plans....wtf????

 

Here is the restructure candidates for 2016, I'm sure Ben wouldnt mind picking up a few million in cash to free up some cap, but others are targets as well, I think the restructures will start taking place just before the draft in April:

http://www.steelersdepot.com/2016/01/steelers-2016-salary-cap-early-offseason-look-ahead/

 

In a quest for cap space it is extremely likely the Steelers will look to restructure Big Ben’s contract this off season and with such a high cash charge next year, there is plenty for the Steelers to play with. It would be no surprise if the Steelers took around $12 – $16 million of Roethlisberger salary and turned it into a bonus spread over the remaining 4 years of his deal. This would create up to $12 million in additional cap space in 2016 and add up to $4 million a year to his cap charge. With a relatively low cap hit in 2017 of $18,200,000, and potentially a lot of cap space, the Steelers could always look to dump a large portion of any restructure into that year instead.

A decison on Roethlisbergers contract will most likely be one of the first moves made by the front office if they hope to sign some of the names from the extensive list of free agents in 2016 or have plans to look outside the organisation for a new face. While some fans are less than happy with the idea of restructuring contracts, this is one that is more than necessary and if done correctly, shouldn’t upset the salary cap too much in years to come.

 

Exactly, Diamond. For whatever reason Ben's contract is the same every year except 2017which is a low hit year. Just flip that year with 2016.

By that time Timmons hit will be down probably 6M on his next contract and it will even out.

Steelers are paying a lot of money for "unskilled" positions like C, G and DE. Things are going to get tight really fast in these next couple seasons.