With teams preparing their cap sheets for the start of the NFL season, we’ve seen a number of front offices rework some contracts. We’ve compiled some of the recent contract maneuverings (as well as some details on recent signings and extension) below:
- T.J. Watt, LB (Steelers): restructured contract yesterday, per NFL Network’s Ian Rapoport (on Twitter). The move opened $6.75MM in space for Pittsburgh. Watt inked a four-year deal worth up to $112MM (including $80MM guaranteed) last September.
- Rob Havenstein, OT (Rams): three-year extension. The deal is worth $34.5MM, according to Rapoport (on Twitter). The extension includes $24.1MM guaranteed and offers $6MM in incentives.
- Tyler Higbee, TE (Rams): restructured contract earlier this week, according to ESPN’s Field Yates (on Twitter). The team converted $4.75MM of Higbee’s base salary into a signing bonus, creating $3.8MM in space.
- Jalen Thompson, S (Cardinals): three-year extension. The $40MM deal includes $24.5MM in guaranteed money and a $10MM signing bonus, according to Aaron Wilson of ProFootballNetwork.com (on Twitter).
- Lane Johnson, OT and Jake Elliott, K (Eagles): restructured contracts today, according to Yates (on Twitter). The Eagles converted $5.88MM of Johnson’s base salary and $2.715MM of Elliot’s base salary into signing bonuses, creating about $6.9MM in cap space.
- O.J. Howard, TE (Texans): one-year deal. The contract is worth $1.035MM, according to Wilson (on Twitter). The tight end will receive $910K in offset from the $1.945MM guaranteed base salary he got from his previous deal with the Bills. When coupled with the $1.25MM signing bonus he got from Buffalo, Howard will earn a total of $3.25MM this year.
- Eric Murray, S (Texans): restructured contract yesterday, per Yates (on Twitter). Specifically, the team converted $1.465MM of his contract into a signing bonus, opening $732.5K in cap space.
- Ka’imi Fairbairn, K and Cameron Johnston, P (Texans): restructured contracts earlier this week, per Wilson (on Twitter). The two moves saved the Texans $2.1MM in cap savings.