Pelissero writes that the new agreement will further guarantee what’s left of his salary “solidify his spot on the roster” in exchange for taking the pay cut. In a follow up tweet, Pelissero notes that the $4MM remaining for this year is now fully guaranteed. He’ll also have the opportunity to earn the $1MM back through incentives.
In addition, the final year of his contract, which was supposed to run through the 2020 season, has been removed, meaning Allen will hit the open market next offseason. Tampa Bay has some of the least cap space in the league, so moves like this are crucial for them if they want to have a chance at signing anybody.
They inked Allen, formerly of the Eagles, to a three-year $15MM deal last March. In fourteen games and eight starts last season, Allen had 20 tackles while working as a run-stuffer eating up blocks. He had previously spent the first four years of his career in Philadelphia, after entering the league as a seventh round pick in 2014.