Ryan Tannehill has restructured his deal in order to welcome Julio Jones to Nashville (Twitter link via NFL.com’s Ian Rapoport). The simple revision will provide the Titans with upwards of $15MM in cap space, allowing them to fit Jones’ $15.3M salary for 2021.
This was the expected move after Sunday’s trade hit the wire. In effect, everything will basically remain the same on Tannehill’s end. The quarterback is still signed through 2023, thanks to the four-year, $118MM extension he signed in 2020. The only real difference is that his $29.5MM cap hit will be reduced for 2021, with the balance being pushed into 2022. Next year’s cap increase should allow the Titans to take that in stride, though they can kick the can down the road again in ’22 by converting a chunk of those dollars into a signing bonus.
Ultimately, it was an easy call for Tannehill. Now, he’ll have a dynamic 1-2 punch at wide receiver with Jones lining up opposite of A.J. Brown. Meanwhile, the Titans still have ammo to build for the future — instead of a first-round pick, the Titans coughed up little more than a 2022 second-round choice.
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