In addition to restructuring the contract of tackle Marcus Gilbert, the Pittsburgh Steelers have also done the same with center Maurkice Pouncey and safety Mike Mitchell, according to Jason La Canfora of CBS Sports.
Combined, those restructures will reportedly clear another $9.5 million in salary cap space for 2015 when you include Gilbert’s.
Pouncey was scheduled to earn a $3.75 million roster bonus in 2015 along with a base salary of $1.75 million. Mitchell, who signed a five-year, $25 million dollar deal last offseason, was scheduled to earn a $2 million roster bonus in 2015 along with a $2 million base salary.
Judging by the La Canfora’s report, the Steelers turned Pouncey’s roster bonus along with $750,000 of his scheduled base salary into a signing bonus. if that was indeed the case, that restructure cleared $3.6 million in cap space.
As far as Mitchell goes, it sounds like all $2 million of his roster bonus along with $1.255 million of his scheduled base salary was turned into a signing bonus. If that was the case, that move cleared $2,508,750 in cap space.
Remember, these are only estimations based on La Canfora’s report. We will pass along the correct numbers soon.
PIT was under 89% but just completed restructurings for Gilbert, Pouncey and Mitchell saving $9.5M in cap space and moving over threshold
— Jason La Canfora (@JasonLaCanfora) February 25, 2015