Antonio Brown restructures contract

Posted by Mike Florio on February 27, 2013, 2:55 PM EST

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The Steelers are looking under every rock to create cap space.

The latest candidate for a restructured deal was receiver [URL=""]Antonio Brown[/URL].

Per a source with knowledge of the transaction, Brown reduced his $4.5 million base salary to a minimum salary of $650,000.

The remaining $3.85 million was converted to a signing bonus, which will be spread over the five remaining years of Brown’s contract.

It results in a cap savings of $3.08 million to the Steelers.

While not a massive reduction, every dollar helps for a team that used to have cap problems only when the wind was whipping off the Monongahela.