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Nick Chubb and the Cleveland Browns have agreed to rework the running back’s contract for 2024, according to NFL Media. The key maneuver in that restructure is the 28-year-old lowering his base salary of $11.775 million, but Chubb will have an opportunity to earn that money back via incentives. It also secures Chubb’s place on the roster as he continues to recover from the season-ending knee injury he suffered early in the 2023 campaign.
Chubb had a base salary of $11.775 million and a hefty $15.8 million salary cap charge for the upcoming season, which cast some doubt as to whether or not Cleveland would keep him on the roster given his current status. He only carried a $4 million dead cap charge, so cutting him would’ve created roughly $11.8 million in salary cap space. Instead of going down that route, the two sides were able to come to this agreement, which keeps Chubb’s tenure in Cleveland going for at least a little while longer.
Chubb is set to become a free agent after the 2024 season.
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Source link : https://www.cbssports.com/nfl/news/nick-chubb-reworks-contract-with-browns-to-secure-roster-spot-amid-knee-recovery-per-report/
Author : Tyler Sullivan
Publish date : 2024-04-11 12:46:55
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