Eagles Rework S Malcolm Jenkins’ Contract

Just three days before the Eagles kickoff the 2018 NFL season on Thursday against the Falcons, the team has freed up some cap space. Safety Malcolm Jenkins is restructuring his contract, according to Field Yates of ESPN (Twitter link). 

While Yates reports that “Jenkins earns the same amount of money”, the Eagles will create $6.148MM in cap space. In other words, it isn’t a pay cut for Jenkins, but rather a procedural move that will give the Eagles additional flexibility. It likely involves converting some of Jenkins’ base salaries into a signing bonus that will spread the cap hit over multiple seasons.

Jenkins is heading into the second year of a four-year, $35MM contract extension. One of the league’s best safeties, Jenkins has started all 64 games that he’s been with the team since signing with Philadelphia as a free agent after the 2013 season. A two-time Super Bowl champion, Jenkins had eight passes defended and two interceptions last year.

It’s unclear what the Eagles plan on doing with the additional salary cap space, but it’s possible they’re planning a move for one of the bigger name free agents out there, and will need the space to sign them. Whatever their intentions, we should have more clarity on their plans soon.

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