Originally posted on SteelerAddicts  |  Last updated 2/9/12
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 Special Teams ace Arnaz Battle, saving an additional $3.5 million approx. albyox – Alby Oxenreiter – Sports Director for WPXI-TV (NBC) in Pittsburgh Even after releasing Bryant/Battle, and restructuring Woodley/Timmons, the #Steelers are still 12 to 13 million over the cap. The urgency in getting under the cap comes not only from the Collective Bargaining Agreement that was ratified this past summer but also so they can have some operating cash to tender offers to their restricted free agents.  Also don’t forget they’ll need money to sign draft picks as well. The team will have to make more cuts and restructures in the
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