The Washington Redskins have restructured center Will Montgomerys contract to gain salary cap space. The team guaranteed a portion of Montgomerys contract so the money could be prorated over the entire length of the deal for salary cap accounting purposes, freeing $2 million in immediate cap space, a person familiar with the situation said. The Redskins lost at least $18 million in salary cap room for this year in a penalty imposed by the NFL Monday. The league ruled that the Redskins structured player contracts improperly in 2010, when the sport had no salary cap, to gain an unfair advantage over other teams in subsequent seasons, when the salary cap went back into effect.
Source: Washington Post
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Source: Washington Post
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March 17, 2012
