The New England Patriots have restructured the contract of cornerback Stephon Gilmore, opening up $5.67 million in cap space, according to Field Yates of ESPN. In order to do this, the Patriots converted $8.5 million of Gilmore's $9.5 million salary into a signing bonus.
Gilmore originally signed with New England back in March 2017, inking a five-year, $65 million deal with the club.
The 28-year-old was a bit of a disappointment during his first season with the Patriots, finishing with 50 tackles, a couple of interceptions and nine passes defended, but this past year, he was brilliant, racking up 45 tackles, a sack, two picks, a pair of forced fumbles, a fumble recovery and 20 passes defended en route to a Pro Bowl appearance and a First-Team All-Pro selection.
Gilmore, who played his collegiate football at the University of South Carolina, was originally selected by the Buffalo Bills with the 10th overall pick of the 2012 NFL Draft.
He started all 16 games during his rookie campaign, totaling 60 tackles, an interception, a couple of forced fumbles, and 16 passes defended.
Gilmore went on to spend the first five seasons of his career with the Bills, developing into one of the better cornerbacks in the league and making his first Pro Bowl in 2016 after registering 48 tackles, five picks, and 12 passes defended.
The Patriots are coming off of a 2018 campaign in which they won 11 games and captured their 10th straight AFC East division title en route to their sixth Super Bowl championship.
New England defeated the Los Angeles Chargers and the Kansas City Chiefs before ultimately topping the Los Angeles Rams in the Super Bowl.
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