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- To do a full restructure, the player’s base salary minus the minimum salary for a player with as many credited seasons is converted into the signing bonus. So for a player with six credited seasons, the minimum salary in 2023 is $1.08 million.
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Mar 9, 2021 · When the Bears restructure Jackson’s contract, they will “convert” the base salary into a signing bonus. If they do a maximum restructure, Jackson’s base salary will be dropped from $8.95 million down to $990,000.
- Brad Spielberger
- Salary Cap Analyst
Instead, the Chiefs converted $12 million of that roster bonus into a signing bonus, which will be prorated over the next five seasons.
Jan 20, 2023 · Contracts Value. This refers to the total amount of money that a player will earn over the course of their contract. It is calculated by adding together the base salary, signing...
Mar 1, 2024 · "A typical contract restructure is when a team converts part of a player's base salary into a signing bonus to create immediate cap relief," an NFL.com write-up explained.
- Joe Kozlowski
- 50 sec
Mar 22, 2021 · A salary-cap workaround, much like converting large salaries into signing bonuses for the purpose of spreading out a big cap charge. It doesn’t affect the player’s cash flow and kicks the can...
Nov 8, 2022 · Contract restructures are a simple conversion of a base salary or a roster bonus into a signing bonus. The tool allows the organization to spread the hit over a maximum of...
All teams have to be under the salary cap by March 15 once the official 2023 NFL league year begins. Right now, the salary cap is set at $224.8 million per team and nearly half the league is...
