All articles tagged with #contract restructuring
The Browns insist they will not trade star defensive end Myles Garrett after restructuring his contract, dismissing trade rumors as unrelated to the deal and reaffirming their stance despite past trade requests and Garrett's record-breaking 2025 season.
The Browns restructured Myles Garrett’s contract, deferring a $16.5 million option bonus and boosting cap flexibility through 2030, fueling off-season trade chatter about a possible move to the 49ers; Garrett’s no-trade clause would limit destinations to playoff teams and any deal would likely carry a steep price.
The Bills restructured wide receiver DJ Moore’s deal by converting $22.185 million of his 2026 salary into a signing bonus, freeing more than $17.7 million in cap space for 2026. The remaining cap hit is pushed into the next three years plus a void year, with Moore’s 2027-2029 cap numbers set at about $29.837 million each and a $23.485 million 2027 salary, of which $15.5 million is guaranteed.
The Ravens restructured Lamar Jackson’s deal to free about $40 million in salary-cap space by converting part of his 2026 base salary into a signing bonus and adding a 2030 void year. This move lowers the 2026 cap hit and allows room to pursue other targets, but increases Jackson’s 2027 cap hit by at least $10 million. Negotiations on a longer-term extension remain possible, and Jackson could be in line for a move after the 2027 season if no new deal is reached.
Buffalo Bills restructured quarterback Josh Allen’s contract to create about $12 million in salary-cap space, correcting an earlier report of $40 million. The move aids in staying under the cap and paving room to absorb WR D.J. Moore’s Bears deal, while Allen’s long-term extensions—six years for $258 million (2021) and a subsequent six-year, $330 million deal (2025)—remain intact after a strong 2025 season (3,668 passing yards, 69.3% completions, 25 TD, 10 INT; 579 rushing yards, 14 rushing TD).
Buffalo Bills restructured quarterback Josh Allen's contract to free up about $12 million in cap space for 2026, reducing his immediate cap hit while he remains under a six-year, $330 million extension through 2030.
The Browns are restructuring Deshaun Watson's contract again to trim the 2026 cap by about $35,760,000, converting his $46,000,000 base salary into a signing bonus to lower his cap hit to $80,716,514, marking the fourth restructuring of Watson's deal.
Buffalo reportedly traded a 2026 second-round pick to the Bears for DJ Moore and must clear cap space by the league deadline. The Bills are expected to restructure Moore’s deal, converting most of his $23.485 million base salary into a signing bonus (about $22.27M over four years) while keeping a $1.215 million base, yielding a 2026 cap hit around $7.5 million and freeing roughly $17 million. The team may also add void years to further ease cap pressures as they work to be cap compliant ahead of the league year.
The Dallas Cowboys restructured the contracts of quarterback Dak Prescott, left tackle Tyler Smith, and wide receiver CeeDee Lamb to push cap hits into future years, creating about $66 million in 2026 cap space without changing total compensation. Lamb is under contract through 2028 with void years pushing remaining cap hits forward; he had 75 catches for 1,077 yards and 3 TDs in 14 games last season.
The Dallas Cowboys can free about $66 million in 2026 cap space by automatically restructuring Dak Prescott’s, CeeDee Lamb’s, and Tyler Smith’s contracts—converting current-year pay into bonuses spread over future years. The money remains real but shifts cap hits to later years, a common practice to fund free-agent spending; Pickens’ possible long-term deal could further affect the 2028 cap, underscoring the trade‑off of today’s pay for tomorrow’s roster-building.
Falcons GM Ian Cunningham says the team will release Kirk Cousins when the new league year begins (March 11) after restructuring his contract to push most of 2026 salary into 2027, creating a $67.9 million 2027 guarantee and allowing the cap hit to be spread while Cousins hits free agency.
Kansas City restructured Patrick Mahomes’ $78 million 2026 cap hit to free about $43.6 million for this offseason, bringing the Chiefs closer to compliance. But the 2027 cap is projected to top $85 million due to a vesting roster bonus and prior adjustments, meaning a new deal will be required after 2027. The contract, effectively in the late stages of a long extension, will rely on creative guarantees to manage deferred cap charges from multiple restructures. This sets up a pivotal, potentially cap-constrained path for the Chiefs as they navigate Mahomes’ future and the team’s roster needs beyond 2026.
The Kansas City Chiefs restructured Patrick Mahomes' contract, converting about $54.45 million of his 2026 salary into a signing bonus to drop his 2026 cap hit from $78.2 million to $34.65 million and create roughly $43.56 million in cap space, though the team remains about $11 million over the cap. The move is the first in a busy offseason that could include further restructures (potentially for Chris Jones) and adjustments as KC eyes needed upgrades and potential departures (Chenal, Watson) with questions about Mahomes’ 2026 availability and Kelce’s retirement looming.
Kansas City restructured Patrick Mahomes' 2026 compensation, converting $44.05M of base salary and a $10.4M roster bonus into a guaranteed roster bonus, creating about $43.56M in cap space and lowering the 2026 cap hit from $78.214M to $34.65M; the move pushes costs into future years (2027 cap hit rising to $85.25M) and is the opening step in getting compliant before the league year, with more restructures and potential veteran releases (e.g., Chris Jones) likely to follow.
The Falcons are expected to release quarterback Kirk Cousins by March 13 to avoid a $67.9 million guarantee vesting for 2027, two years into his four-year, $180 million contract signed in 2024.