As expected, the Browns have restructured the contract of quarterback Deshaun Watson, per NFL Network’s Ian Rapoport (Twitter link). The move saves Cleveland just under $36MM in cap space, and avoids Watson breaking the NFL record for the highest cap hit in a single season (he was due to count for $54.9MM in 2023).
As was recently noted, the Browns did not require Watson’s permission to convert base salary into signing bonus, though he was reportedly open to the idea. His historic, fully-guaranteed pact signed last offseason upon his acquisition from the Texans was always seen as a financial burden beginning in 2023 due to its structure. While this move thus comes as no surprise (and will, of course, affect his cap hits in future years), it will give Cleveland the spending power needed to make at least one or two notable additions in free agency this week.
Here are some other recent contract restructures, as teams look to carve out much-needed cap space for the coming free agent frenzy:
The NFL could be moving a step closer to doing away with the days of the “chain gang” measuring first downs, according to multiple reports.
INDIANAPOLIS — The issue of whether Cooper DeJean is a cornerback or a safety at the next level might not have a black-and-white solution. The N
Join Fox News for access to this content Plus special access to select articles and other premium content with your account - free of charge. Please enter a val
The interior defensive linemen kicked off the televised coverage of the 2024 NFL Combine, and as anticipated, the prospects projected to be the top of this c