Found February 28, 2013 on Steel City Blitz:
Following in the foot-steps of Antonio Brown, Ben Roethlisberger and Lawrence Timmons, Pittsburgh Steelers linebacker LaMarr Woodley will reportedly also re-structure his contract this week or next. For those of you keeping score at home, the re-structuring of a players’ contract is not a pay cut. It’s actually a way to convert salary money into signing bonus money. This reduces the cap number but also means the team has to pony up the money well ahead of when they normally would have. It gets much more specific than that but that’s the basic idea. While Roethlisberger has now done this for the third straight year, Woodley will be doing this for the first time. As one of the biggest cap numbers on the team, Woodley’s salary re-structuring is only natural. I have a better suggestion. Why isn’t the team asking Woodley for a pay cut? Since he signed his 6 year – $61 million dollar deal in August of 2011, the former Michigan Wolverine has spent the majority of his time in one of two pla...
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