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Adrian Amos has restructured his deal to free up some leeway for the Packers, per source.
– Adam Schefter (@AdamSchefter) March 12, 2021
The Green Bay Packers cleared the ceiling space by restructuring the Adrian Amos security contract, according to ESPN’s Adam Schefter.
Amos, who signed a four-year, $ 36 million contract with the Packers in 2019, was due $ 10.3 million against the team’s cap in 2021. His contract included a base salary of 4.9 million dollars and a list bonus of 1.5 million dollars, which can both be converted into a signing bonus to free up cap space.
However, any ceiling space released in 2021 would be pushed back to 2022, when Amos’ ceiling is already $ 10.9 million. It’s possible the Packers will be comfortable pushing the money forward knowing that Amos could be a prime candidate for a contract extension after the 2021 season.
Amos, who turns 28 in April, has just had a terrific 2020 season. It was the second highest level of overall security at Pro Football Focus.
Restructuring his deal using the signing bonus conversion could free up nearly $ 3 million, according to Over the Cap. If the restructuring involves an extension or the addition of cancellable years, the savings could be even greater.
On Friday, the Packers were $ 9.4 million above the salary cap. The team must be under the cap by next Wednesday, the start of the league’s new year.
Quarterback Aaron Rodgers, wide receiver Davante Adams, pointers Za’Darius Smith and Preston Smith and offensive lineman Billy Turner are other players capable of restructuring or expansions.
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