Steelers Make Some Contract Moves To Clear Cap Space

The Steelers have restructured some contracts today to free up some salary cap room for the 2015 season.

According to Jason LaCanfora, the team restructured the contracts of Marcus Gilbert, Mike Mitchell, and Maurkice Pouncey. The total of the three transactions saves approximately $9.5 Mil in cap space, putting them approximately $10 Mil under the cap.

Gilbert’s restructure cleared apx. $3.76 Mil in 2015 cap space. His upcoming roster bonus and most of his base salary were rolled into a signing bonus.

According to Mark Kaboly of the Trib, Pouncey’s restructure isn’t official yet, and won’t be finalized until next week. Mitchell had a $2 Mil roster bonus coming up. Adding that to the maximum base salary available for restructuring would clear $2,441,250.

Going by LaCanfora’s numbers, we’re left with roughly $3.3 Mil with Pouncey’s contract. Pouncey also has a roster bonus due soon for the amount of $3.75 Mil. The maximum the team could clear by restructuring his contract is $3.804 Mil.