Steelers News

Report: Steelers Restructure Contract Of TE Vance McDonald To Create Cap Space

The Pittsburgh Steelers are reportedly freeing up a little salary cap space for the 2018 season via a contract restructure.

According to Adam Schefter of ESPN, the Steelers are converting almost $3 million of the 2018 base salary that tight end Vance McDonald is scheduled to make into a signing bonus to free up a little more than $2 million in salary cap space.

McDonald was scheduled to earn a base salary of $3.7 million in 2018 so the Steelers likely converted $2.91 million of that into a signing bonus which would then make his new base salary $790,000. Such a restructure would create $2.1825 million in salary cap space for 2018.

If done as I just described above, McDonald’s cap charges in 2019, 2020 and 2021 will all increase by $727,500 as a result of this restructure.

The Steelers entered Tuesday with $3,266,053 in available salary cap space for 2018 after the new contract for inside linebacker Vince Williams was filed.

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