Found December 28, 2012 on The Bay Cave:

The Bucs made a huge splash this past offseason when they signed wide receiver Vincent Jackson and guard Carl Nicks. In preparation for the 2013 offseason, the team restructured both of their contracts.  Per Pat Yasinskas of ESPN, by restructuring their contracts, the Bucs free up $18 million in cap space for 2013. Jackson’s base salary for 2013 now becomes $840,000 and drops his cap figure down to $3.472 million. For Nicks, his base salary becomes $715,000 in 2013 from $12.5 million. His cap figure for next season now becomes $3.072 million. So what about their other “big” free agent signing in Eric Wright? He’s more than likely gone after his 2013 salary has been voided due to his suspension. The Bucs seem to be planning for another big offseason. The NFL cap is expected to be roughly $121 million for 2013 according to multiple reports and these restructures put the Buccaneers under $100 million. They will have room to target free agents for the secondary as well as sign defensive end Michael Bennett (or another defensive end) to a deal. An interesting note will be how they handle the contract of quarterback Josh Freeman. His contract carries a $9.7 million cap hit for 2013. If they decide to extend him in the offseason, that cap hit can be reduced for the 2013 season and spread out through the extension. (Photo Credit: USA Today) The post Bucs restructure contracts for two big money players appeared first on The Bay Cave.

THE BACKYARD
BEST OF MAXIM
RELATED ARTICLES

Buccaneers Restructure Contracts Of Vincent Jackson & G Carl Nicks

Pat Yasinskas of ESPN.com reports that the Tampa Bay Buccaneers have created an extra $18 million in cap space for 2013 by restructuring the contracts of WR Vincent Jackson and G Carl Nicks. The Bucs basically gave them extra roster bonuses this year, which shifted the guaranteed money that both players had coming to them next season to their 2012 cap. Jackson had $13 million...

Buccaneers clear up cap space by restructuring contracts

The Tampa Bay Buccaneers have restructured the contracts of both guard Carl Nicks and wide receiver Vincent Jackson to free up some cap space for the 2013 season. While it won’t affect the amount of money receiver Vincent Jackson and guard Carl Nicks are paid, both players have restructured their contracts, converting their sizable 2013 salaries into bonuses that will be counted...

Bucs game day: Keys to the game against Atlanta

The Bucs were hoping to bounce back against St. Louis last week following a blowout loss to the Saints the previous week. Unfortunately that did not happen and Josh Freeman had another bad game. Facing lots of scrutiny in his young career, he and the team are hoping to end the season on a high note at Atlanta. However, the Bucs may not see Atlanta’s best team on the field as they...

Tampa Bay Buccaneers: Week 17 NFL Power Rankings (#23)

Last week: 20 (-3) Record: 6-9 Net points per drive: -0.07 (18th) DVOA: -8.3% (21st) Weighted DVOA: -10.6% (23rd) Studs LT Donald Penn: Did not allow a pressure on 61 pass block snaps, run blocked for 5 yards on 2 attempts RG Jamon Meredith: Allowed 1 sack on 61 pass block snaps, run blocked for 2 yards on 1 attempt LOLB Lavonte David: 12 solo tackles, 8 stops, 1 missed tackle, allowed...

Hey Josh, take the glove off

Everyone has been trying to dissect Josh Freeman’s problem the past few weeks. Some have said he needs more time while others have said the Bucs just need to get rid of him. What if the issue is as simple as the glove that he wears?  Sounds silly right? Certainly does. Freeman has been wearing a glove on his left hand since the Bucs and Panthers played each other in week 11...
Buccaneers News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.