The Pittsburgh Steelers have recently completed few contract restructures that will reportedly free up another $6 million in salary cap space for them this season.
According to Adam Schefter of ESPN, wide receiver Antonio Brown, tight end Heath Miller and kicker Shaun Suisham all had their contracts restructured.
Steelers restructured contracts of WR Antonio Brown, TE Heath Miller, Shaun Suisham, creating nearly $6 million of cap room for, per sources
— Adam Schefter (@AdamSchefter) September 1, 2015
While we don’t have all of the full details, the Steelers apparently turned $2 million of Brown’s 2016 salary into a signing bonus this year. In other words, he will earn $8 million this year. It would seem as though a large chunk of his 2015 base salary was also turned into a signing bonus as well.
If the Steelers lowered Brown’s 2015 base down to $745,000 and turned $2 million of 2016 base salary into a signing bonus, his restructure cleared $2,836,667 in cap space this year.
This could be a signal that the team is close to finalizing a an extension with tackle Kelvin Beachum as well. We’ll know for sure over the course of the next week.