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As is always the case at this time of year, NFL teams are making moves to get themselves compliant with the salary cap ahead of the new league year, which begins in mid-March. The Cleveland Browns have made their latest such move, restructuring the contract of star cornerback Denzel Ward, according to NFL Media.
Ward, 26, was set to count against Cleveland’s books for around $23.5 million, but after the restructure, that number will instead be approximately $12.1 million. The move saves Cleveland $11.359 million in 2024 salary, putting the Browns $3 million under the cap. They will surely make more moves to create additional space so they can sign free agents and eventually their draft class, but they can now head into the new league year without having to do anything else.
Ward signed a five-year, $100.5 million extension back in 2022, and is under contract through the 2027 season. His cap hits at the…
Source link : https://www.cbssports.com/nfl/news/browns-restructure-cornerback-denzel-wards-contract-to-save-over-11-million-in-cap-room-per-report/
Author : Jared Dubin
Publish date : 2024-02-28 14:59:25
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