The Arizona Cardinals were $2.172 million under the salary cap, Jason La Canfora of NFL.com reported on March 30, the end of a week that saw the club sign cornerback William Gay, re-sign long-snapper Mike Leach and linebacker Reggie Walker and have corneback Greg Toler sign his restricted free agent tender.
Helping the Cardinals remain salary cap compliant was center Lyle Sendlein, who restructured his contract last Wednesday, a league source has confirmed.
Signed to a five-year, $16.25 million contract last July, Sendlein was scheduled to receive a $2.4 million base salary in 2012. Under the restructured contract, Sendlein's base salary has been reduced to $700,000 with the remaining $1.7 million taken as a signing bonus that will be prorated over the last four years of the deal.
The simple restructure -- which was similar to teammate Daryn Colledge's restructure -- saves $1.275 million in cap space in 2012, adding $425,000 to Sendlein's cap numbers in 2013-15.
Undrafted out of Texas in 2007, Sendlein started two games as a rookie before taking over the full-time starting role in 2008. Sendlein has missed just three offensive snaps over the last four seasons -- none in 2011 -- and his consecutive games (74) and consecutive starts (64) streaks rank fourth among active NFL centers.
No comments:
Post a Comment