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Steelers 2016 Salary Cap Update Ahead Of New League Year

Now that the league has set the official salary cap number for the 2016 season, I thought I would provide you a full update as to where I currently have the Pittsburgh Steelers at as of Friday evening.

As you can see in the table below, tight end Heath Miller is no longer listed due to him retiring a week ago. While the Steelers will save the $4 million salary that Miller was scheduled to earn in 2016, his retirement still carries a dead money charge of $3,181,668 and when you add that to other $765,188 the team has on the books that is dead, you get a new grand total of $3,946,856.

You will also notice that the base salary and cap charge of wide receiver Markus Wheaton has slightly been altered since my last full update and that is a result of us now knowing what his base will likely be now that the cap number has been established. Remember, Wheaton qualified for a Proven Performance Escalator in 2016 which will be equal to the salary of the lowest Restricted Free Agent tender. That number should be 1,671,000 based on a $155.27 Million salary cap.

Currently, the Steelers top 51 cap charges equate to $142,758,854 and then we must add the $3,946,856 in total dead money to that. In the table below, I have also added on the projected cap credit payback charge that I believe the Steelers will have in 2016 in addition to the projected standard workout bonuses. After you do all of the math, you will see that I have the Steelers at $9,878,017 under the $155,270,000 cap number.

Now, please keep in mind that the Steelers will need roughly $7.2 million in cap space in order to accommodate their seven draft picks, 10-man practice squad, final two roster spots and emergency $3 million in available salary cap space for injuries. Based on all of that, you can clearly see that a lot more cap space needs to be created in the future.

As I have posted several times already this offseason, I expect quarterback Ben Roethlisberger and defensive end Cameron Heyward will have their contracts restructured in the coming weeks. They might not be the only players, however, so that means center Maurkice Pouncey, safety Mike Mitchell and tackle Marcus Gilbert should also be viewed as potential candidates for restructuring. Additionally, you can bet that something will be done with linebacker Lawrence Timmons as he’s likely to have his 2016 cap number lowered via an extension. On top of that, a new contract for guard David DeCastro at some point during the offseason will result in him having a lower cap charge in 2016.

When the Steelers return from the combine, expect a few things to happen quickly and I’ll make sure to keep you updated on their cap situation as these events occur.

PLAYER BASE SALARY CAP CHARGE
Roethlisberger, Ben $17,750,000 $23,950,000
Timmons, Lawrence $8,750,000 $15,131,250
Brown, Antonio $6,250,000 $12,370,833
Pouncey, Maurkice $3,500,000 $10,551,000
Heyward, Cameron $3,000,000 $10,400,000
DeCastro, David $8,070,000 $8,070,000
Mitchell, Mike $5,000,000 $6,763,750
Gilbert, Marcus $3,950,000 $6,461,000
Allen, Cortez $4,400,000 $5,750,000
Suisham, Shaun $2,400,000 $3,503,000
Moats, Arthur $2,500,000 $3,133,333
Jones, Jarvis $1,592,115 $2,769,933
Shazier, Ryan $1,284,292 $2,592,874
Williams, DeAngelo $2,000,000 $2,565,000
Dupree, Bud $854,195 $2,095,974
Wheaton, Markus 1,671,000 $1,818,844
Harrison, James $1,250,000 $1,500,000
Wallace, Cody $1,200,000 $1,350,000
Bell, Le’Veon $966,900 $1,311,100
Tuitt, Stephon $839,040 $1,257,121
Spaeth, Matt $1,000,000 $1,137,500
Golson, Senquez $616,866 $909,328
Adams, Mike $873,225 $873,225
Thomas, Shamarko $675,000 $788,288
Jones, Landry $675,000 $784,805
Bryant, Martavis $600,000 $709,805
Coates, Sammie $525,000 $706,879
Williams, Vince $675,000 $694,670
Warren, Greg $985,000 $680,000
Ventrone, Ross $675,000 $675,000
Zumwalt, Jordan $600,000 $626,213
McCullers, Daniel $600,000 $619,670
Cockrell, Ross $600,000 $600,000
Frey, Isaiah $600,000 $600,000
Hubbard, Chris $600,000 $600,000
Richardson, Daryl $600,000 $600,000
Toussaint, Fitzgerald $600,000 $600,000
James, Jesse $525,000 $577,228
Walton, L.T. $525,000 $554,232
Berry, Jordan $525,000 $525,000
Boswell, Chris $525,000 $525,000
Chickillo, Anthony $525,000 $525,000
Fort, L.J. $525,000 $525,000
Grant, Doran $525,000 $525,000
Lyons, Caushaud $525,000 $525,000
Nix, Roosevelt $525,000 $525,000
Vaughan, Dustin $525,000 $525,000
Villanueva, Alejandro $525,000 $525,000
Rogers, Eli $450,000 $451,666
Hatchie, Micah $450,000 $450,333
Blakeney, Issac $450,000 $450,000
Dangerfield, Jordan $450,000 $450,000
Dooley, Matt $450,000 $450,000
Feiler, Matt $450,000 $450,000
Finney, B.J. $450,000 $450,000
Garner, Montell $450,000 $450,000
Grimble, Xavier $450,000 $450,000
Hagen, Jacob $450,000 $450,000
Hooks, Lavon $450,000 $450,000
Long, Ty $450,000 $450,000
Manhart, Cole $450,000 $450,000
Mihalik, Brian $450,000 $450,000
Neal, Rajion $450,000 $450,000
Norwood, Levi $450,000 $450,000
Palmer, Tobais $450,000 $450,000
Philon, Roy $450,000 $450,000
Phillips, Shakim $450,000 $450,000
Shabazz, Al-Hajj $450,000 $450,000
Toure, Abou $450,000 $450,000
Vinopal, Ray $450,000 $450,000
TOP 51 CONTRACTS * $142,758,854
DEAD MONEY * $3,946,856
PROJECTED CAP CREDIT PAYBACK * $1,125,000
PROJECTED WORKOUT BONUSES * $561,600
2015 ROLLOVER * $3,000,327
PROJECTED 2016 SALARY CAP * $155,270,000
UNDER SALARY CAP * $9,878,017
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