NFL  >>  Pittsburgh Steelers
Baylor
Wright: Baylor had no playbook
Refholding
Denver Broncos helmet, uniform concept design
C5
Should the Bears sign Plaxico Burress?
Buffalo_bills_v_1a70
The ‘Old Moss’ has arrived in San Francisco
Atlanta-falcons-new
What Saints’ fans might be wearing if Brees isn’t re-signed

Report: Steelers Restructure Contract Of Lawrence Timmons

Found February 09, 2012 on Steelers Depot: Yardbarker Blogger Network
PLAYERS: LaMarr Woodley,  Lawrence Timmons
TEAMS: Pittsburgh Steelers

25
Not only did the Pittsburgh Steelers restructure the contract of linebacker LaMarr Woodley recently, but they also restructured the contract of linebacker Lawrence Timmons as well according to Ed Bouchette. The numbers of the restructure are not yet available, but as I mentioned in a previous post it likely involved turning a good portion of Timmons' base salary and the $4.5 million roster bonus he is due into signing bonus monies and stretching it out over the remaining years left on the contract. Timmons new contract that he signed prior to the start of the 2011 season had a total 2012 cap Read more [...]
Original Story: http://feedproxy.google.com/~r/Steele... Verified_ybn
THE BACKYARD
BEST OF MAXIM
AROUND THE WEB
RELATED ARTICLES

Lawrnence Timmons also restructures contract to help Steelers

Via Bleed Black & Gold  |  February 09, 2012
The Pittsburgh Post Gazette is reporting that Lawrence Timmons has also restructured his deal to help the Steelers with salary cap space.  Timmons joins Woodley as the first 2 Steelers to make a move to help the team out.  The numbers for Timmons deal have yet to be released.  When they are we will get them out to you.  The Steelers have currently saved around $10.1 million in...

Steelers Restructure LB Lawrence Timmons' Contract; Clear $5.14M In Cap Space

Via GridironFans.com  |  February 09, 2012
The Pittsburgh Steelers have restructured the contract of linebacker Lawrence Timmons, freeing up $5.14 million in space on their 2012 salary cap. Signed to a five-year, $47.8 million contract extension in August, Timmons was scheduled to earn $2.625 million in base salary and a $4.5 million roster bonus, which was due on the fifth day of the 2012 league year, for a 2012 cap number...

Steelers Restructure Contract Of LaMarr Woodley To Clear 2012 Cap Space

Via Steelers Depot  |  February 07, 2012
I posted a while ago about how the Steelers could possibly have some salary cap wiggle room with linebackers LaMarr Woodley and Lawrence Timmons because of the way that their new contracts were structured. It seems like the Steelers did not wait though to just work with the roster bonuses as Brian McIntyre reports that the Steelers have restructured the contract of Woodley to lower...

Lawrence Timmons’ contract restructured by the Steelers

Via SteelerAddicts  |  February 09, 2012
The offseason  moves forward as the Steelers have announced that they have restructured the contract for Linebacker Lawrence Timmons, according the to Post Gazette’s Ed Bouchette. It’s unknown at this time how much the team was able to save by redoing #94′s deal but his numbers for the 2012 season originally were as follows:  Base Salary: $2,625,000 Bonus Money...

LaMarr Woodley restructures contract and saves Steelers $6.56 Million in cap space

Via Bleed Black & Gold  |  February 08, 2012
It has begun.  The first Steelers restructure announcement from Rotoworld.com that LaMarr Woodley has restructured his deal to save the Steelers some cap space.  Woodley took his base salary down to $700,000.  That takes the remaining $2.7 Million in base salary and his $5.5 million dollar roster bonus into a prorated signing bonus.  Woodley is the first that we know of for the...

Steelers 2012 Salary Cap Bone Still Has A Lot Of Meat Left On It

Via Steelers Depot  |  February 09, 2012
The Pittsburgh Steelers have already made a solid dent in the 2012 salary cap problems that they faced heading into the offseason, but there is still a lot of meat left on the bone that needs to be chewed off. The release of Bryant McFadden and Arnaz Battle on Wednesday, combined with the expected contract restructures of LaMarr Woodley and Lawrence Timmons, instantly slashed almost...

Steelers clear $11.7 million with Timmons, Woodley restructurings

Via Pro Football Talk  |  February 10, 2012
On Thursday, MDS pointed out that the Steelers have begun chipping away at a $25 million cap bulge by restructuring the contracts of linebackers LaMarr Woodley and Lawrence Timmons. A league source has supplied the specifics to PFT. As to Woodley, his 2012 cap number has dropped from $11.5 million to $4.94 million, creating $6.56…

Steelers linebackers Woodley, Timmons restructure contracts

Via Pittsburgh Steelers & NFL ? Pittsburgh Tribune-Review  |  February 10, 2012
The Steelers trimmed more than $10 million in salary-cap money this week when they restructured the contracts of linebackers LaMarr Woodley and Lawrence Timmons.

Steelers’ Woodley Reportedly Taking Cut in Pay to Benefit the Team.

Via Sports-Kings  |  February 09, 2012
Jim RacaltoIn breaking news, it has been reported via CBS Sports the Steelers linebacker Lamarr Woodley, who recently signed a contract worth $10 million, has restructured his contract in an effort to keep the Steelers under the cap. Coupled with the releases of Bryant McFadden and Arnaz battle, who would have been due a combined 3.9 [...]Sports-Kings - The Kings of Sports Lists

Steelers free up cap room by restructuring Woodley’s contract

Via SteelerAddicts  |  February 07, 2012
News coming out tonight that the Steelers are already in the process of freeing up cap room and have restructured Lamarr Woodley’s contract.  – Steelers restructured OLB LaMarr Woodley’s contract to clear $6.56 million in cap room. It’s a safe bet that they’ve started this process well before tonight if you ask me and Woodley’s deal is a good place to...

Steelers have several other candidates for creating cap room

Via Pro Football Talk  |  February 10, 2012
As pointed out late last night (or possibly early this morning), the Steelers have created $11.7 million in cap space by restructuring the contracts of linebackers LaMarr Woodley and Lawrence Timmons.  But they reportedly needed to clear more than $25 million. So where will the other $13 million come from? Based on a review of…

Understanding Contract Restructures & Pay Cuts In Relation To The Steelers Salary Cap

Via Steelers Depot  |  February 11, 2012
This time of year I always get quite a few questions and comments about the Pittsburgh Steelers salary cap situation. Many are confused as to what a restructured contract is, and many view it as a pay cut. In light of the most recent restructures that the Steelers have done, I thought now would be a good time to try to help clarify a few things in relation to that topic. Let us...

Steelers still approximately $12-$13 million over salary cap

Via SteelerAddicts  |  February 09, 2012
The front office of the Steelers has been busy this offseason so far trying to chip away at the original $20-$25 million that the team was over the NFL salary cap by. They are making good progress here in the last few days as Linebacker Lamarr Woodley’s contract had been restructured, saving them over $6.5 million. They also cut often injured Cornerback Bryant McFadden and...

Steelers Restructure LB LaMarr Woodley's Contract; Clear $6.5M Cap Space

Via GridironFans.com  |  February 07, 2012
The Pittsburgh Steelers cleared $6.56 million of salary cap space by renegotiating the contract of outside linebacker LaMarr Woodley, a league source confirmed on Tuesday. Franchised by the Steelers prior to last year's lockout, Woodley signed a five-year extension worth $52.5 million on August. Woodley received a $13 million signing bonus, $4 million option bonus and a $1.1...

NFL News: Steelers Clearing Cap Space

Via Waiting For Next Year  |  February 08, 2012
As the Browns look to catch up with their division elite, the Steelers are making moves to cut cap space.  As opposed to the Browns who are under the cap, the Steelers are well over it.  But, they are trying to get better. Today they cut cornerback Bryant McFadden and wide receiver Arnaz Battle from their roster.  That saved about $3.5 million. Yesterday, the Steelers restructured...
THE STEELERS HOT 25
1
Mike Wallace
Mike Wallace Might Have His Stats Confused
2
David DeCastro
Report: Adams & Ta’amu Might Be At Next OTA, DeCastro Might Be At Mini Camp
3
James Farrior
James Farrior may announce retirement soon
4
Troy Polamalu
Troy Polamalu is working on being a leader during OTA’s
5
Ben Roethlisberger
Ben Roethlisberger says Steelers will run more under new offensive coordinator
6
Mike Adams
Report: Adams & Ta’amu Might Be At Next OTA, DeCastro Might Be At Mini Camp
7
Ikponmwosa Igbinosun
Steelers rookie Ikponmwosa Igbinosun: Player profile
8
Sean Spence
Steelers Sign 3rd Round Pick Sean Spence
9
Ike Taylor
Ike Taylor Tells Mike Wallace That Football Doesn’t Need Him, He Needs Football
10
Isaac Redman
2011 Rushing Stats Of Rashard Mendenhall & Isaac Redman By Direction & Down
11
Rashard Mendenhall
2011 Rushing Stats Of Rashard Mendenhall & Isaac Redman By Direction & Down
12
Mike Tomlin
Steelers Six From Around The Web – May 28th – Mike Tomlin Wins At All Cost Edition
13
Maurkice Pouncey
14
David Johnson
Steelers' David Johnson enjoying move to fullback
15
Steve McLendon
45 More Reasons To Like Steve McLendon
16
Troy Smith
Heisman winner Smith looking to revive career
17
LaMarr Woodley
LaMarr Woodley Named NFL’s 63rd Best Player
18
Willie Colon
Willie Colon Interview With Teresa Varley Concerning Move To Left Guard
19
Hines Ward
Hines Ward honored in PA state capitol
20
James Harrison
Harrison's Back 'Light Years' Better
21
Antonio Brown
22
Max Starks
Report: Max Starks Expects To Be Medically Cleared Around Taining Camp Time
23
Heath Miller
24
Ramon Foster
Report: Ramon Foster Back Practicing, Worilds May Have Broken Thumb
25
Jason Worilds
Report: Ramon Foster Back Practicing, Worilds May Have Broken Thumb
Today's Best Stuff
For Bloggers

Join the Yardbarker Network (YBN) 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.