Timmons creates $5.34375 million in cap space

The second annual Lawrence Timmons contract restructuring has created a nice chunk of cap space for the Steelers. Per a source with knowledge of the deal, Timmons dropped his compensation to a base salary of $ 750,000 in 2013.  The rest of the money he was due to earn — $ 7.125 million — became a signing…ProFootballTalk » Pittsburgh Steelers