Adrian Fedkiw
Howie Roseman has done it again.
With Brent Celek’s release and the restructure of Lane Johnson’s contract, the Philadelphia Eagles are now under the salary cap prior to Wednesday’s deadline.
The Eagles were $9.8 million over the salary cap coming into Tuesday, but Celek’s departure freed up $4 million, while Johnson’s restructure opened up $7.5 million. Johnson’s base salary for 2018 will be $790,000, which is down from $10.25 million. His cap hit has gone from $12.48 million to $4.98 million, according to ESPN’s Field Yates. Johnson is still going to see his money, it’s just being moved around.
Johnson will now have a base salary of $790,000 for 2018, down from $10.25M. He collects the same amount of money in total, it just gets paid out differently. Win-win for the team and player.
— Field Yates (@FieldYates) March 13, 2018
Johnson’s restructure is key because the Eagles didn’t have to release Vinny Curry, who would’ve saved $5 million if he was cut. Now the team will have the opportunity of shopping him and getting some sort of draft compensation in return. Don’t expect more than a late-round pick, like a sixth or seventh, however.
Also, don’t be surprised if more restructures are on the horizon.