Antonio Brown has agreed to restructure his contract with the Steelers, according to his latest Instagram story. The Drew Rosenhaus client will have his 2018 salary fully guaranteed in a move that will give him additional security while freeing up some additional cap room for the team.
Pittsburgh has created $9.7MM in cap space by reworking Brown’s deal, tweets Tom Pelissero of NFL.com. That means the Steelers converted Browns’s entire $6MM roster bonus and all but $915K of his 2018 base salary into a signing bonus.
Brown, the league’s most talented wide receiver, inked an extension with Pittsburgh in February of 2017. The four-year, $68MM extension made him the highest-paid receiver of all-time on a yearly basis with an average annual value of $17MM. Brown’s signing bonus and reduced 2017 salaries made up the only guaranteed portions of the pact, so the 29-year-old (30 in July) was amenable to having his 2018 pay locked down.
Brown was as fearsome as ever in 2017 as he caught 101 passes for a league-leading 1,533 yards with nine touchdowns. After yet another spectacular season, Brown earned his sixth career Pro Bowl selection and fourth consecutive First-Team All-Pro nod. In his Instagram video, Rosenhaus does a celebratory toast with Brown to celebrate his future first ballot Hall of Fame induction. You won’t find anyone who will argue with that.
The Steelers have one of the tightest cap situations in the NFL this offseason, but Brown’s restructure should help them in their quest to extend Le’Veon Bell and address other needs in free agency.
Photo courtesy of USA Today Sports Images.