Found February 28, 2013 on
SteelBlitz Steelers Blog:
The Steelers have restructured the contracts of Lawrence Timmons, Antonio Brown, Ben Roethlisberger and LaMarr Woodley in the last three days. Timmons’ restructure saved the team $5 million against the cap in 2013. Brown and Roethlisberger’s restructures saved the team a total of around $6 million dollars. There are also rumors that Woodley has already restructured his contract, but it hasn’t been officially announced yet. Roethlisberger’s restructure is the latest of the Steelers work to get under the cap before the March 13th deadline. The Steelers saved $3 million against the cap with Roethlisberger’s restructure according to Ed Bouchette of the Pittsburgh Post-Gazette. They could have saved more, but it looks like they decided not to move as much money into the future as they could have. Roethlisberger’s base salary for 2013 was set to be $11.6 million with a cap hit of $19.5 million. $4.5 million of his base will be converted into a signing bonus and his cap number will move to $16.5 in 2013. The Steelers could have turned as much as $10.7 million into a bonus and saved quite a bit more money in 2013, but that would also have meant much more cap trouble in the future, which is, likely, their thinking. At the start of the off-season the Steelers cap number for the 2013 season was around $133.4 million. According to ProFootballTalk the NFL cap number may exceed $123 million for the 2013 season. That would put the Steelers $11.4 million over the cap. With these three announced restructures the Steelers now sit around $1 million over the cap. The numbers for Woodley’s restructure aren’t yet known, but he will, likely, save the team enough to put them under the cap. However, according to Mark Kaboly of the Pittsburgh Tribune-Review he believes the Steelers could choose not to finalize the restructure of Woodley. That would show a lot of concern about the Steelers feelings moving forward with Woodley. 2012 marked the second season in a row that Woodley was hampered by injuries and questions about his conditioning have arose since the end of the season. If the Steelers choose not to move his money into the future by restructuring his contract it would be a really bad sign for Steelers fans. Not only would it show a lack of faith in Woodley, but it would mean more cuts would have to be made to clear enough cap space. The post Cap Update: Steelers Restructure Ben Roethlisberger’s Contract; Save $3 Million in Cap Space appeared first on SteelBlitz Steelers Blog.
BEST OF MAXIM
AROUND THE WEB
Pittsburgh Steelers quarterback Ben Roethlisberger spent the first 80-percent of his NFL career as a magnet for controversy.
Now he is trying to keep the offseason peace as his group bounces back from a disappointing season.
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The post Ben Roethlisberger defends Pittsburgh Steelers chemistry appeared first on Players View.
I’m going to be blunt here. I don’t agree with Ben Roethlisberger’s statements yesterday made to the Pittsburgh Post-Gazette’s Ed Bouchette. Roethlisberger claims the locker room is fine and that recent comments made by a number of current players and a former one are out of “frustration” over an 8-8 season. Frustration is often the result of much more though and that’s...
Pittsburgh Steelers quarterback Ben Roethlisberger signed a restructured contract earlier this week. A team move, that will ultimately give the Steelers more cap space to work with to help the team in other areas. Big Ben also decided to put the bed the rumors of a torn locker room.
“For anybody to say there are locker room issues or leadership issues are completely off base...
Ed Bouchette of the Pittsburgh Post Gazette reports that the Steelers have restructured QB Ben Roethlisberger‘s contract on Thursday.
Bouchette adds that this will free up an extra $6 million in cap space for the 2013 season. Roethlisberger had a staggering cap figure of $19.595 million, so it makes sense that they would try to get that down to a more manageable number.
The Pittsburgh Steelers struggled through a disappointing 8-8 season last year, which is quite uncharacteristic for one of the NFL’s most successful franchises. As if the team did not already have enough issues to work through in order to get back to the playoffs next season, the coaches and players have also had to deal with anonymous teammates ripping one another.
Ben Roethlisberger is set to make $19.5 million in 2013. The Pittsburgh Steelers are hoping to move some of that money another year or so into the future to provide immediate salary cap relief.
Season 3, Episode 80 of The Terrible Podcast is up and co-host David Todd and I talk about the three contract restructures done so far on Ben Roethlisberger, Antonio Brown and Lawrence Timmons. We let you know where this puts the team salary cap wise with less than two weeks to go until they need to cap compliant. We also give you glimpse ahead to the 2014 salary cap situation in...
Similar to what Tom Brady did for the Patriots earlier this week, Ben Roethlisberger freed up cap room for the Steelers by agreeing to restructure his contract.Fantasy Spin:Pittsburgh can use the extra money to re-sign free agent wideout Mike Wallace later this offseason. Roethlisberger racked up 26 touchdowns and 3,265 passing yards in 13 games in 2012.
According to Ed Bouchette of the Pittsburgh Post-Gazette the Steelers have restructured the contract of Antonio Brown and ProFootballTalk reports that LaMarr Woodley will restructure his contract as well. Browns restructure will clear around $3 million in cap space for the 2013 season.
Yesterday the Steelers restructured Lawrence Timmons contract and saved themselves around $5 million...
The Pittsburgh Steelers are not even through with their restructures this offseason and already there is concern about the damage that they are doing to 2014 and beyond by pushing forward more money. Fans go through this concern every year because most just don't understand the real numbers and what lies ahead. Thank God Omar Khan does.
Here is the 2014 big picture for you....
IT'S ALL HUNKY DORY
After signing a restructured contract, Steelers quarterback Ben Roethlisberger attempted to put the kibosh on rumors that the locker room is in disarray.
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.