Cleveland Browns Clear Salary Cap Space Through Contract Restructuring
ICARO Media Group
The Cleveland Browns have successfully become salary cap-compliant by restructuring the contract of cornerback Denzel Ward, clearing a notable $11.359 million. This move comes after General Manager Andrew Berry expressed confidence in the team's flexibility despite the surprisingly high salary cap number set for 2024. By restructuring contracts with key players like Ward, the Browns aim to navigate the financial landscape of the NFL effectively.
Ward, who signed a lucrative five-year extension worth over $100 million in 2022, was facing a hefty cap hit of over $23 million before the restructuring. The team's ability to restructure deals with talented players they wish to retain underscores their strategic approach to managing the salary cap.
In addition to Ward's contract adjustment, the New Orleans Saints also made a move by converting center Cesar Ruiz's roster bonus, resulting in a $6.4 million cap clearance. While some critics may view contract restructuring as a temporary solution, Berry is banking on the escalating salary cap to provide the Browns with long-term flexibility in their roster management decisions.
Looking ahead, Cleveland may consider restructuring deals with wide receiver Amari Cooper and quarterback Deshaun Watson, potentially saving over $12 million and $33 million, respectively. The team faces the choice of pursuing immediate success by restructuring contracts this season or prioritizing future cap flexibility for upcoming seasons.
The Browns' proactive approach to salary cap management highlights their commitment to building a competitive roster while navigating financial constraints in the ever-evolving landscape of the NFL.