The Steelers have restructured Lawrence Timmons’ contract today. $6.63 Mil of his $7.5 Mil salary salary was rolled into a signing bonus. The move adds apx $3.32 Mil in cap space for this year.
His 2015 cap hit drops from $12.5 Mil to $9.25 Mil, but his 2016 cap hit rises from $11.8 Mil to $15.1 Mil. After this move, the Steelers should be sitting with around roughly $5 Mil in salary cap space.
The team was doing pretty well avoiding restructures this off season, but injuries have forced their hand.