tldrdailynews.com logo
Tag

Contract Restructuring

All articles tagged with #contract restructuring

Chiefs, Mahomes strike eight-year, $63M-per-year deal through 2033
sports28 days ago

Chiefs, Mahomes strike eight-year, $63M-per-year deal through 2033

The Kansas City Chiefs and Patrick Mahomes agreed to an eight-year extension through 2033 averaging about $63.1 million per season, with a $150.3 million guarantee, two void years, and vesting of portions of the 2028–29 salaries; cap hits rise quickly (about $90.3 million in 2027 and over $80 million in 2028–29), necessitating ongoing restructures to spread costs and leaving the team with dead money risk if Mahomes leaves. The deal assumes league-wide cap growth from new TV deals and includes a $1 million annual workout bonus plus potential extra $1.25 million bonuses for Super Bowl wins and MVP with an AFC Championship appearance.

via Arrowhead Pride|
#contract-restructuring#kansas-city-chiefs#nfl-contract
Bengals restructure Burrow deal to free up cap space
sports1 month ago

Bengals restructure Burrow deal to free up cap space

The Cincinnati Bengals restructured Joe Burrow’s five-year, $275 million extension, creating about $10 million in 2026 cap space by spreading part of his base salary over the remainder of the deal, bringing their cap room to roughly $17 million for the season and allowing the team to pursue extensions for several young players while finalizing its seven-man draft class; Burrow remains under contract through 2029, and the move follows the Dexter Lawrence trade that constrained their offseason cap plans.

via The New York Times|
#cincinnati-bengals#contract-restructuring#dexter-lawrence-trade
Patriots’ Onwenu takes pay cut to free cap space for 2026
sports1 month ago

Patriots’ Onwenu takes pay cut to free cap space for 2026

Patriots guard Mike Onwenu restructured his 2026 deal to a one-year, effectively $10 million arrangement ($2.95M salary + $6M signing bonus), boosting New England's cap space by $7.5M to about $42.5M and dropping his cap hit to $17.5M; he remains under contract through 2026 but will be an unrestricted free agent next offseason, after starting all 21 games last season with 1,346 snaps.

via Pats Pulpit|
#contract-restructuring#free-agency#mike-onwenu
Bills convert DJ Moore’s 2026 salary to signing bonus to free cap room
sports3 months ago

Bills convert DJ Moore’s 2026 salary to signing bonus to free cap room

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.

via NBC Sports|
#buffalo-bills#contract-restructuring#dj-moore
Ravens free up cap space by restructuring Lamar Jackson’s contract
sports4 months ago

Ravens free up cap space by restructuring Lamar Jackson’s contract

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.

via thebanner.com|
#baltimore-ravens#contract-restructuring#lamar-jackson
Bills Free Cap Space by Restructuring Josh Allen's Contract
sports4 months ago

Bills Free Cap Space by Restructuring Josh Allen's Contract

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).

via NFLTradeRumors.co|
#buffalo-bills#cap-space#contract-restructuring
Bills land DJ Moore, plan sweeping contract restructure to clear cap space
sports4 months ago

Bills land DJ Moore, plan sweeping contract restructure to clear cap space

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.

via Buffalo Rumblings|
#buffalo-bills#contract-restructuring#dj-moore
Cowboys free up about $66M cap space by restructuring Lamb’s deal for 2026
sports4 months ago

Cowboys free up about $66M cap space by restructuring Lamb’s deal for 2026

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.

via NBC Sports|
#2026-nfl-season#ceedee-lamb#contract-restructuring
Cowboys unlock cap space by restructuring key contracts
sports4 months ago

Cowboys unlock cap space by restructuring key contracts

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.

via NBC Sports|
#cap-space#contract-restructuring#cowboys