Blog Entry

Roethlisberger, Harrison redo contracts for cap

Posted on: August 1, 2011 9:38 pm
Edited on: August 1, 2011 9:38 pm
 
Posted by Will Brinson

Every team in the NFL is scrambling to get under the $120 million salary cap by the (still theoretical!) start of the year on Thursday, August 4. Which is precisely why the Steelers recently re-worked the contracts of superstars Ben Roethlisberger and James Harrison.

According to the Pittsburgh Post-Gazette, the two Steelers players have agreed to restructure their current deals in order to help the team get underneath the cap by the start of the league year.

"It was something for Ben to do," Ben's agent Ryan Tollner said. "The team needed to free up space and Ben was certainly happy to help out."

Roethlisberger signed an eight-year, $102 million deal back in March of 2008 and Harrison signed a six-year, $51.7 million deal in April of 2009.

This would normally be where we might say something like "good for these guys for doing the Steeler-like-thing by taking less money." But they're not doing that (although you can all but bet they'll be applauded for their selflessness).

Instead, Roethlisberger and Harrison are spreading the amount of money they'll earn over the course of a different time frame so that the Steelers can benefit in the long run.

Yes, this works just like any sort of money movement in that, eventually, there money will be paid and it'll be paid against the salary cap. It was just a matter of whether the Steelers felt like they could deal with the hit now or deal with it later.

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Comments

Since: Dec 2, 2011
Posted on: January 17, 2012 3:46 pm
 

Roethlisberger, Harrison redo contracts for cap



hgtrerte
Since: Dec 2, 2011
Posted on: December 27, 2011 2:31 am
This comment has been removed.

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tomlye
Since: Nov 28, 2011
Posted on: November 30, 2011 12:46 am
This comment has been removed.

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Since: Jun 25, 2009
Posted on: August 2, 2011 11:59 am
 

Roethlisberger, Harrison redo contracts for cap

The NFL shouldn't allow contract re-structuring, it's absolutely ridiculous and doesn't make any sense at all.  What's the point of a salary cap if they are going to allow teams to restructure deals to make more room under the cap today and gain an advantage over the competition? And if they cut the players that are restructuring later on, the cap hit never happens.   It's stupid. 



Since: Apr 14, 2007
Posted on: August 2, 2011 8:37 am
 

Roethlisberger, Harrison redo contracts for cap

Geez where is Major Douche of the Spelling, Grammar, and Punctuation Police, the Steeler Bandwagon's own NFL Solomon, a.k.a. Triple S? I guess he only resorts to picking that nit when his make believe is crushed in a last ditch effort...



Since: Jul 9, 2011
Posted on: August 1, 2011 11:02 pm
 

Roethlisberger, Harrison redo contracts for cap

Good for Deebo/Silverback and Big Ben for restructuring their deals to help out for 2011. I'm hoping Aaron Smith and perhaps Heath Miller may decide to do the same.


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