The Steelers extended Troy Polamalu’s contract yesterday, keeping him under contract through 2016. The details of the extension weren’t immediately available, but I can break the down for you now. The 3 year deal has a total value of $20 Mil, and includes a $6.75 Mil guaranteed signing bonus. His 2014 base salary goes down from $8.25 Mil to $1.5 Mil. The new deal clears $4.5 Mil in cap space for the Steelers in 2014.

Here is a before and after of his salary cap numbers:

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Player, Year, Base Salary, Signing Bonus, Salary Cap Number

“Polamalu, Troy”, 2014, “$8,250,000”, “$2,637,500”, “$10,887,500”

[/table]

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[table]

Player, Year, Base Salary, Signing Bonus, Salary Cap Number

“Polamalu, Troy”, 2014, “$1,500,000”, “$4,887,500”, “$6,387,500”

“Polamalu, Troy”, 2015, “$6,000,000”, “$2,250,000”, “$8,250,000”

“Polamalu, Troy”, 2016, “$5,750,000”, “$2,250,000”, “$8,000,000”

[/table]