As expected, Pittsburgh Steelers quarterback Ben Roethlisberger has restructured his contract to help the team free up some cap room for 2012, Ed Bouchette of the Pittsburgh Post-Gazette reports.
According to NFLPA records, Roethlisberger's $11.6 million base salary in 2012 has been reduced to $900,000, with the remaining $10.7 million likely converted to a signing bonus that will be prorated over the four remaining seasons of his contract. The move would reduce Roethlisberger's cap number from $16.92 million to $8.895 million, a savings of over $8 million for the cap-strapped Steelers, with $2.675 million added to his cap numbers from 2013-15.
Roethlisberger's 2013 cap number now stands at $19.595 million.
The Steelers previously cleared over $20 million of cap space with the releases of Arnaz Battle and Bryant McFadden and restructuring the contracts of LaMarr Woodley, Lawrence Timmons, Ike Taylor and Willie Colon. As of right now, the Steelers are few million under the cap, but more restructuring would be needed to free up enough space to use the franchise tag on wide receiver Mike Wallace, which would cost around $9.5 million in cap space.
Additional cap space could be found by restructuring the contracts of James Harrison, Troy Polamalu and nose tackle Casey Hampton.