By CJ Lester
SteelerNation.com
The Pittsburgh Steelers and TE Vance McDonald have agreed to restructure his current contract turning his $5.5 million due this year into a signing bonus. This allows the team to prorate that amount over the remaining two years left on his contract. This restructure saves the team around $2.3 million against the salary cap this year. If my math is correct, based on earlier moves made today, the Steelers would still be around $4.86 million over the cap. Included in these moves, they also placed the franchise tag on OLB Bud Dupree right before the deadline at noon, and that takes around $15.89 million in cap space. Again, if my "cap space math" is correct, the Steelers will be over the salary cap by approximately $2.5 million when the new league year officially starts on Wednesday, and all of these moves become official. Look for more roster moves and contract restructures to come in order to get under the salary cap.
Source: #Steelers are restructuring deals in order to create salary cap space.
— Adam Caplan (@caplannfl) March 16, 2020
Latest is TE Vance McDonald. He agreed to convert his $5.5m base salary to signing bonus.
What are your thoughts on the Steelers keeping TE Vance McDonald on a restructured contract? Let us know in the comments below!
#SteelerNation
