Originally posted on The Bay Cave  |  Last updated 12/28/12

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.

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