All articles tagged with #contract restructuring
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.
The Dallas Cowboys have restructured quarterback Dak Prescott's contract, converting his $5 million roster bonus into a signing bonus to create $4 million in 2024 salary cap space and adding two voided years to the end of his contract through 2028. Prescott's new cap number is $55.455 million, making him the second-highest in the NFL behind Cleveland's Deshaun Watson. The team aims to extend Prescott's contract, while also addressing new deals for linebacker Micah Parsons and wide receiver CeeDee Lamb, who is entering the final year of his rookie deal.
The Dallas Cowboys have restructured Dak Prescott's contract by converting his $5 million roster bonus to a signing bonus and adding void years, resulting in $4 million in cap space for the current season. This move allows the team to carry Prescott on their cap even if he were to move on after the 2024 season, but it doesn't preclude the possibility of a contract extension.
Aaron Donald's recent contract restructuring with the Los Angeles Rams has converted a guaranteed roster bonus to a signing bonus and most of his base salary to an option bonus, creating extra cap space for 2024. The restructuring has no impact on whether he will return from retirement, and if he does, he will receive $30 million for 2024. There is speculation that his retirement may be a strategic move to negotiate a higher offer from the Rams or another team for the 2024 season.
The San Francisco 49ers have restructured tight end George Kittle's contract, generating nearly $10 million in salary cap space. Kittle, who signed a five-year, $75 million deal in 2020, was set to earn $13.4 million in base salary this season. The restructuring aims to provide the team with financial flexibility while retaining a key player who has been a standout performer since being drafted in 2017.
The Philadelphia Eagles and defensive end Josh Sweat have restructured his contract, guaranteeing him $10 million with a max value of $13 million, impacting the team's roster strategy for the defensive line. The team is likely to trade Haason Reddick, aiming to maintain their pass rush effectiveness while getting younger and acquiring future assets. Sweat's re-signing adds to the team's surplus at the edge rusher position, complementing the skills of other players, and the Eagles may continue to make moves in the lead-up to the draft.