The Steelers, as of Thursday, needed to trim more than $8.5 million in cap space before 4:00 p.m. ET Friday. They carved off a chunk of that amount by extending the contract linebacker LaMarr Woodley, whose one-year franchise tag was eating up more than $10 million.
Per a source with knowledge of the situation, and as expected, the Steelers have further reduced the number by restructuring the contract of quarterback Ben Roethlisberger. It was, we’re told, a simply restructuring that was accomplished by the conversion of salary into a signing bonus that was spread over the five remaining years of the deal.