All articles tagged with #contract restructuring
Falcons GM Ian Cunningham says the team will release Kirk Cousins when the new league year begins (March 11) after restructuring his contract to push most of 2026 salary into 2027, creating a $67.9 million 2027 guarantee and allowing the cap hit to be spread while Cousins hits free agency.
Kansas City restructured Patrick Mahomes’ $78 million 2026 cap hit to free about $43.6 million for this offseason, bringing the Chiefs closer to compliance. But the 2027 cap is projected to top $85 million due to a vesting roster bonus and prior adjustments, meaning a new deal will be required after 2027. The contract, effectively in the late stages of a long extension, will rely on creative guarantees to manage deferred cap charges from multiple restructures. This sets up a pivotal, potentially cap-constrained path for the Chiefs as they navigate Mahomes’ future and the team’s roster needs beyond 2026.
The Kansas City Chiefs restructured Patrick Mahomes' contract, converting about $54.45 million of his 2026 salary into a signing bonus to drop his 2026 cap hit from $78.2 million to $34.65 million and create roughly $43.56 million in cap space, though the team remains about $11 million over the cap. The move is the first in a busy offseason that could include further restructures (potentially for Chris Jones) and adjustments as KC eyes needed upgrades and potential departures (Chenal, Watson) with questions about Mahomes’ 2026 availability and Kelce’s retirement looming.
Kansas City restructured Patrick Mahomes' 2026 compensation, converting $44.05M of base salary and a $10.4M roster bonus into a guaranteed roster bonus, creating about $43.56M in cap space and lowering the 2026 cap hit from $78.214M to $34.65M; the move pushes costs into future years (2027 cap hit rising to $85.25M) and is the opening step in getting compliant before the league year, with more restructures and potential veteran releases (e.g., Chris Jones) likely to follow.
The Falcons are expected to release quarterback Kirk Cousins by March 13 to avoid a $67.9 million guarantee vesting for 2027, two years into his four-year, $180 million contract signed in 2024.
The Atlanta Falcons have restructured quarterback Kirk Cousins' contract, reducing his 2026 base salary significantly while increasing his 2027 compensation, with Cousins expressing interest in staying with the team.
The New England Patriots restructured Kyle Dugger's contract before trading him to the Steelers, converting part of his salary into signing bonuses to spread out costs and create cap savings of up to $18 million by 2027, despite ongoing dead cap charges.
The New York Giants restructured contracts of cornerback Paulson Adebo and safety Jevon Holland to free up over $4.8 million in salary cap space, which could lead to a trade for a wide receiver to support quarterback Jaxson Dart, especially given recent injuries to key receivers.
The Miami Dolphins restructured Minkah Fitzpatrick's contract, increasing his signing bonus and creating approximately $11 million in cap space, facilitating roster upgrades and paving the way for a potential long-term extension with the safety.
The Houston Texans acquired Stefon Diggs from the Buffalo Bills and restructured his contract, making him a free agent in 2025 with a guaranteed $22.52 million in 2024. This move gives Diggs the opportunity to test the open market after his Texans debut, and potential landing spots for the star wide receiver in 2025 include teams like the Buffalo Bills, Las Vegas Raiders, Miami Dolphins, Los Angeles Rams, and San Francisco 49ers.
The Houston Texans have restructured wide receiver Stefon Diggs' contract, wiping out the final three years of his deal with the Buffalo Bills and adding $3.5 million to his current contract, making his 2024 salary $22.52 million in guaranteed money. Diggs will play on a one-year deal, giving him the opportunity to become a free agent after the season and potentially secure a long-term deal with the Texans. This move allows him to prove himself as a premier receiver while providing the Texans with a top target for their rookie quarterback, C.J. Stroud. However, the Texans will not be eligible for a compensatory pick if Diggs leaves next offseason.
The Miami Dolphins have restructured running back Raheem Mostert's contract, extending it through the 2025 season with a value of $9.075 million. Mostert's impressive performance in his first two seasons with the team led to this extension, and he is set to continue sharing carries with rookie De'Von Achane as part of the NFL's fastest running back tandem.
In the latest episode of The Real Forno Show, Tyler Forness and his producer, Dave, analyze the Minnesota Vikings' potential draft trade strategy, discussing the cost of trading up for a quarterback, the importance of infrastructure for success, and the value of future draft picks. They also delve into the concept of void years in NFL contracts and the implications of Harrison Smith's contract restructuring. The episode provides insightful and in-depth analysis, leaving listeners with much to ponder about the upcoming NFL draft and the Vikings' potential moves.
The Miami Dolphins have been restructuring contracts to create cap space for offseason signings, with the latest adjustment involving outside linebacker Bradley Chubb, which opens up an additional $11 million in cap space for 2024. Chubb, coming off a productive season, had his base salary converted into a signing bonus, following a torn ACL that ended his 2023 season prematurely. The team's plans for the cap space remain to be seen.
The Miami Dolphins have restructured Bradley Chubb's contract, converting a portion of his base salary into a signing bonus to create $11 million in additional cap space. Chubb, who had an impressive 2023 season with 11 sacks and six forced fumbles, is currently rehabbing from a torn ACL sustained in Week 17, aiming to return to the field as soon as possible.