The Pittsburgh Steelers are attempting to find a variety of ways to create some cap space and they've begun restructuring contracts. After already restructuring multiple contracts, Pittsburgh restructured the contract of Maurkice Pouncey, per ESPN's Brooke Pryor.
Steelers keep it rolling with the restructures. This time, it’s C Maurkice Pouncey, per source.
Pouncey was due a $5M base salary, $3M roster bonus and $3M pro-rated bonus this year.
— Brooke Pryor (@bepryor) March 19, 2020
Entering the 2020 season, Pouncey was set to make a base salary of $5 million and was due a $3 million roster bonus. At the same time, he was also expected to garner a $3 million pro-rated bonus this upcoming season.
While the specifics of the restructured deal remain to be seen, it is another move that creates some wiggle room for the Steelers. As of this moment, Pittsburgh is one of two teams that are over the salary cap. Furthermore, the Steelers are currently sitting at -4.2 million in cap space, per Spotrac.
Of course, that number will be subject to change once all of Pittsburgh's restructured contracts are taken into account. Earlier this week, the Steelers created $5.5 million in cap space by turning Vance McDonald's salary into a signing bonus.
As for Pouncey, he's been with the Steelers since 2010 and is under contract through the 2021 season. Just last offseason, Pouncey signed a two-year, $22 million extension to remain in Pittsburgh.
Due to their limited cap situation, the Steelers haven't been an active team in free agency thus far. However, they could choose to add some of the bargain options once they're able to create some more cap savings. While Pittsburgh remains over the salary cap, they are finding different ways to free up some money for the rest of the offseason.
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