Antonio Brown helps Steelers get under salary cap
Antonio Brown is the latest Steelers player to restructure his contract to help the team get under the salary cap.
Brown posted a video on his Instagram account that showed his agent, Drew Rosenhaus, explaining that the wide receiver converted his base salary for 2018 into a guaranteed signing bonus that can be prorated over the life of his contract.
The benefits are twofold: Brown will get more of his money up front, and the Steelers get relief on the salary cap. Before giving Le'Veon Bell a $14.54 million franchise-tag tender, the Steelers were between $5.1-$5.3 million under the salary cap. Restructuring Brown's contract provides $9.7 million in cap relief, which is enough to get the Steelers under the salary cap.
Before the restructure, Brown's 2018 earning accounted for $17.675 million. According to spotrac.com, Brown's new deal now accounts for $7.995 million against the cap.
The Steelers need to be under the $177.2 million salary cap by the time the new league year begins March 14.
Guard David DeCastro and defensive end Stephon Tuitt already restructured their contracts this offseason to provide the Steelers some salary-cap relief.