Troy Polamalu

Steelers Extend Troy Polamalu’s Contract

1:20pm: Polamalu’s three-year extension is worth $20MM overall, and will save the Steelers $4.5MM in 2014 cap space, tweets ESPN.com’s Adam Schefter.

12:26pm: The Steelers have extended Troy Polamalu‘s contract for an additional two years beyond next season, keeping him under team control through 2016, the club announced today. Like Heath Miller‘s new deal, which was also confirmed by the Steelers, Polamalu’s extension is expected to reduce his 2014 cap number.

Polamalu, who has been with the Steelers since the team drafted him in the first round in 2003, had been on the books for a cap number of about $10.888MM for 2014. His new deal should reduce that number, along with his ’14 base salary ($8.25MM), pushing some prorated bonus money into the 2015 and 2016 seasons.

Although he’ll turn 33 next month, Polamalu continues to give the Steelers excellent production at the strong safety position, starting all 16 games for the club in 2013. The USC alum earned his eighth Pro Bowl berth and ranked fifth overall among 86 qualified safeties, according to Pro Football Focus’ advanced metrics (subscription required).

For the Steelers, the Polamalu and Miller extensions will create some much-needed cap flexibility, as the team looks to get under the cap in time for the start of the new league year next Tuesday. Still, depending on how much money is sliced off Polamalu’s cap number for 2014, more moves will likely be required. Pittsburgh may also have to deal with the contracts of LaMarr Woodley and Ike Taylor in the coming days.

Steelers Re-Sign Will Allen

The Steelers have re-signed defensive back Will Allen, according to agent Blake Baratz (Twitter link). Terms of the deal haven’t been disclosed, but I imagine it will be a one-year, minimum-salary contract, perhaps including a little bonus money.

After being released by the Cowboys last season, Allen caught back on in Pittsburgh, where he had spent the previous three seasons. Allen appeared in 10 games for the team and saw plenty of action in the secondary and on special teams down the stretch. The 31-year-old recorded 35 tackles and an interception for the Steelers, and received slightly above-average grades for his play from Pro Football Focus.

Having also locked up linebacker Jason Worilds as their transition player, the Steelers will need to clear salary in other spots in order to get under the cap before next Tuesday. One potential move for the team would involve restructuring Troy Polamalu‘s contract. ESPN.com’s Adam Schefter reported this morning that Pittsburgh won’t release the veteran safety, but the club figures to try to rework Polamalu’s deal, perhaps asking him to take a pay cut.

DB Notes: Delmas, Finnegan, Ward

Saftey Louis Delmas will start off his free agent tour by meeting with the Steelers, according to Mike Florio of Pro Football Talk. Delmas, 26, was released by the Lions on February 13. After missing time due to injuries in 2011-12, Delmas played all 16 games in 2013, finishing with 64 tackles and three interceptions, while grading out better against the pass than the run, according to Pro Football Focus.

The Steelers‘ interest derives from two factors: the impending free agency of Ryan Clark, and the contract of Troy Polamalu. Clark is 34 years old and struggled last season, and while Polamalu is still playing at a high level, he has a cap number of approximately $10.9MM, and was listed among Joel Corry’s list of pay cut candidates. Florio suggests that signing Delmas could give the Steelers leverage when asking Polamalu to reduce his salary.

A few more notes regarding defensive backs:

Corry On Pay Cut Candidates

In our previous post, we highlighted young stars entering their prime years and poised to land lucrative second contracts. At the other end of the spectrum, Joel Corry of National Football Post spotlighted five veterans who could be asked to take a pay cut:

  • Broncos cornerback Champ Bailey – Will be 36 next season after playing just five regular season contests in 2013 (foot injury). Simply put, Bailey’s cost to the team is not commensurate with his diminished skills, as he’s scheduled to count $10.5MM against the cap next year.
  • Cowboys defensive end DeMarcus Ware – Dallas’ cap woes were detailed last week. At the top of the “To Do” list is Ware, who carries a $16MM cap number as a result of three restructurings. Bothered by an elbow injury which necessitated off-season surgery, Ware managed just six sacks in 2013. Corry says Ware has indicated he’s willing to go down that road again, “but a pay cut is a different story.” If the Cowboys release Ware, the team stands to gain approximately $7.4MM of cap room.
  • 49ers running back Frank Gore – Not unlike catchers in baseball, running backs trend downward beyond age 30. Gore will be 31 in 2014 when he’s scheduled to count $6.45MM against the cap, though he’s considered an “old” 31 given his career workload and injury history. With a strong offensive line and dual-threat quarterback Colin Kaepernick entering his prime, it’s reasonable to think Gore’s production could be had for cheaper, be it in the form of Gore himself at a reduced rate or perhaps 2013 “redshirt” Marcus Lattimore, who is waiting in the wings.
  • Steelers strong safety Troy Polamalu – The soon-to-be 33-year-old has the NFL’s highest 2014 cap number among safeties (approximately $10.9MM), but Polamalu’s play has fallen off to the point where his reputation exceeds his performance. According to Corry, “A pay cut could be folded into an extension that lowers Polamalu’s cap number and ensures that he never plays with another NFL team.”
  • Patriots nose tackle Vince Wilfork – Corry describes the veteran Wilfork’s situation as “precarious” because the final year of his five-year deal weighs $11.6MM against the cap. That number ranks second-highest on the roster behind Tom Brady, and the team has just under $3.9MM of cap room at present time. Wilfork has been a rock, but the Pats cannot afford to devote nine percent of the cap to a 32-year-old run stuffer coming off a torn Achilles tendon injury, especially with the team attempting to re-sign Aqib Talib.