Fitz restructures

[NJ-STEELER]

Makes some cap Room to get recent signings to fit

more coming?



edit. Full restructure. Creates 10M in cap space

[NorthCoast]

One writer is suggesting Mack Hollins from the Raiders is next on the list. Big body WR, mostly played outside but might be a good possession receiver ala JJSS. Numbers last season put him on par with Keenan Allen and Jakobi Meyers. Also a good STer.

[Steel Maniac]

Steelers restructured S Minkah Fitzpatrick's contract.

The restructuring of Fitzpatrick's contract frees up a significant amount of cap for the Steelers, who have been active early in free agency. In addition to re-signing defensive tackle Larry Ogunjobi to a three-year, $28.75 million deal, the Steelers are also bringing in former Commanders linebacker Cole Holcomb, and former Vikings cornerback Patrick Peterson. Fitzpatrick inked a four-year, $73.6 million contract last offseason, and could be asked to restructure again in years to come.

SOURCE: Field Yates on Twitter
Mar 16, 2023, 9:35 AM ET

[steeler_fan_in_t.o.]

Makes some cap Room to get recent signings to fit

more coming?



edit. Full restructure. Creates 10M in cap space

It is never about getting recent signings to fit since you can't sign a player that takes you out of cap compliance. Could be needed for draft picks, but 10 mil is high for that. Likely something new in the works.

[NJ-STEELER]

It is never about getting recent signings to fit since you can't sign a player that takes you out of cap compliance. Could be needed for draft picks, but 10 mil is high for that. Likely something new in the works.

cap compliance starts when the league officially kicks off their season.

which is friday march 17th


we were over the cap before waiving jackson iii

[whisper]

cap compliance starts when the league officially kicks off their season.

which is friday march 17th


we were over the cap before waiving jackson iii

And after we are $10 mill under.

[NJ-STEELER]

And after we are $10 mill under.

that was before the people we signed

[Oviedo]

Wonder if Watt restructures or are they concerned about his injury?

[Northern_Blitz]

Wonder if Watt restructures or are they concerned about his injury?

Seems almost certain that he will restructure by the end of the offseason when we need the full 53 + PS + extra money for the season.

This gives us enough room for now.

May not have to do max restructure on Watt?

[WindyCitySteel]

In a perfect world they would have done this before the legal tampering period, if they really want the cap space to sign good players, that is.

We hear this excuse every year about limited cap, which magically comes available as the store shelves are already picked over.

[Northern_Blitz]

In a perfect world they would have done this before the legal tampering period, if they really want the cap space to sign good players, that is.

We hear this excuse every year about limited cap, which magically comes available as the store shelves are already picked over.

I think that these things get executed much faster than you think.

They were in (on some level) with Brown.

I think it's silly to assume they don't already have the paperwork for this (and Watt's restructure) ready. It's likely all they have to do is send it in.

Especially since players don't usually have to agree to restructures since most contracts say it's 100% at the discretion of the teams. I think these restructures used to take a lot more time because they had to get players to agree.

[WindyCitySteel]

Wonder if Watt restructures or are they concerned about his injury?

Seems almost certain that he will restructure by the end of the offseason when we need the full 53 + PS + extra money for the season.

This gives us enough room for now.

May not have to do max restructure on Watt?

I would also hold off, if his recent injury trend continues, no way I'd do it and in fact, might look to move on.

[Captain Lemming]

I think that these things get executed much faster than you think.

They were in (on some level) with Brown.

I think it's silly to assume they don't already have the paperwork for this (and Watt's restructure) ready. It's likely all they have to do is send it in.

Especially since players don't usually have to agree to restructures since most contracts say it's 100% at the discretion of the teams. I think these restructures used to take a lot more time because they had to get players to agree.

That last paragraph is news to me. I had no idea of this. THAT is why Khan said confidently they have the means to go get a player they really want. He knows in advance how he can work a contract.

[Blitzer]

it sucks that the Steelers have a QB on his rookie contract but still have to restructure

[NJ-STEELER]

What players wouldn’t take a boat load of cash up front??
so the team can spread the cap hit on the remaining years of the contract.