The contract details for the Arthur Moats signing are available. The deal is for one year, with a base salary of $730,000- the minimum for a 4 to 6 year veteran. The deal also includes a low qualifying signing bonus of $65,000.
Being that the deal is for one year, includes a signing bonus of no more than $65,000, and is for the minimum non-guaranteed base salary, it will qualify for the veteran minimum salary benefit. His $730,000 base salary will only count $570,000 against the 2014 salary cap, the same as a 2nd year veteran’s minimum salary would. Expanding on that even further, his signing will ultimately only move the cap needle $150,000 due to rule of 51 displacement.
Last year, the Steelers saved over $1,375 Mil towards the cap by structuring deals this way. If you have any questions, feel free to ask. Thanks for stopping by, and as always, be sure to share with your friends.