The Pittsburgh Steelers have started the process of clearing salary cap space ahead of the new league year as tackle Marcus Gilbert has had his contract restructured, according to Field Yates of ESPN.com.
Gilbert reportedly had a roster bonus of $3.5 million along with $1.15 million of the base salary due him in 2015 converted into a signing bonus to create $3.724 million in 2015 cap space.
Gilbert, the Steelers second round draft pick in 2011, signed a 5 year, $30 million contract extension last August.
Gilbert’s new cap hits moving forward will be: 2015 $3,256,000, 2016 $6,461,000, 2017 $6,511,000, 2018 $6,561,000 and 2019 $5,846,103.
It’s possible that we could hear about more restructures in the coming days as wide receiver Antonio Brown and center Maurkice Pouncey are also candidates to have money due them in 2015 turned into signing bonuses.
Gilbert had a roster bonus of $3.5M & $1.15M of his base salary converted to a signing bonus. His new base salary for 2015 is $745,000.
— Field Yates (@FieldYates) February 25, 2015