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  2. Mar 13, 2023 · The Browns restructured quarterback Deshaun Watson ’s contract to open up nearly $36 million for the team’s 2023 salary cap, a team source confirmed to The Athletic on Monday. NFL Network...

    • Convert Part of Watson's Base Salary Into Signing Bonus
    • Add Void Years to Watson's Contract
    • Extend Deshaun Watson

    This is the most common contract restructuring technique utilized across the NFL. It's essentially a bookkeeping method used to defray the cost of a player in the current league year. How does it work? Well, a player's base salary is typically paid out over an 18-week installment during the regular season, so it has to be counted toward the current...

    Void years are a popular accounting measure that is increasingly being used by NFL teams to defray the overall cost of big-money players. Essentially, a void year is an extra year added to a contract during which a player receives a deferred payment. The signing bonus money allocated to the player during that season counts against a team's salary c...

    If void years don't appeal to the Browns, they could seek to extend Watson to add extra years and flexibility to the mix there. That would afford the team a better opportunity to convert Watson's base salary into a signing bonus and prorate it over additional years. That said, this is the most unlikely of the scenarios outlined. After all, Watson i...

  3. Mar 13, 2023 · NFL free agency 2023: Browns' Deshaun Watson restructures contract to create millions in cap space, per report. Watson played six games for Cleveland last season. By Tyler Sullivan. Mar 13,...

  4. Mar 13, 2023 · The #Browns restructuring Deshaun Watson's contract means his cap number for 2023 drops to $19.1M. His cap numbers for the remaining years of the contract are now... - 2024: $64M. - 2025:...

  5. Mar 13, 2023 · The #Browns have restructured QB Deshaun Watsons contract, creating nearly $36M in cap space, source said. The cap conversion gives plenty of room for Cleveland to work in free agency.

    • Liz Roscher
  6. Mar 13, 2023 · Mary Kay Cabot, cleveland.com. CLEVELAND, Ohio — The Browns didn’t have to look hard to find a way to clear a big chunk of salary cap space on the eve of free agency. It was right there in neon...

  7. Feb 28, 2023 · A restructure of Deshaun Watson's fully guaranteed contract "could be on the table" in the words of Cleveland Browns general manager Andrew Berry. Watson was a bargain for the Browns in...

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