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Ryan Kalil restructures contract

Ryan Kalil AP

If Panthers center Ryan Kalil wants to take out another newspaper ad this year, he’ll be paying for it out of the proceeds from a restructured contract.

Pat Yasinskas of ESPN.com reports that Kalil and the Panthers have agreed to reshape his deal ahead of the start of free agency. Kalil was set to make $4.75 million in 2013, but he converted four million of that toward a $5 million signing bonus. The move slashes Kalil’s cap figure from $8.6 million to $6.4 million and he remains under contract through the 2016 season.

The Panthers are now about $11 million over the cap. They need to get in compliance by the March 12 start of free agency, so there will be more restructures or releases coming out of Carolina in the next month.

Kalil went on injured reserve in October with a Lisfranc injury. He’s expected to be healthy enough to participate in the team’s offseason program.

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13 Responses to “Ryan Kalil restructures contract”
  1. v2the4 says: Feb 15, 2013 11:00 AM

    smart move by Mr Kalil…that USC business is paying off…he got a $5M bonus that he wasnt going to get, and took a pay cut, but added two years on to the contract.

    if he didnt take the paycut, the Panthers would have probably cut him….

  2. finsphan says: Feb 15, 2013 11:12 AM

    how about restructuring your qb’s contract, put an incentive in there that states we don’t care what mediocre numbers you put up, how about you win us some meaningful games for once.

  3. mintstreetcats says: Feb 15, 2013 11:30 AM

    v2the4: The Panthers would never have cut our Pro Bowl center and locker room leader. Hush.

    finsphan: Our quarterback is on a cheap rookie deal and has put up great numbers in his first two seasons. It’s not his fault our o-line and secondary have allowed us to lose a few we shouldn’t have.

  4. mintstreetcats says: Feb 15, 2013 11:31 AM

    Now we just need to cut Gamble and clear up another 8mil in cap space…

  5. onearmsteven says: Feb 15, 2013 11:39 AM

    finsphan says:
    Feb 15, 2013 11:12 AM
    how about restructuring your qb’s contract, put an incentive in there that states we don’t care what mediocre numbers you put up, how about you win us some meaningful games for once.

    you should learn something about how contracts work. it cant be restructured yet.

  6. tenotnamedmiller says: Feb 15, 2013 12:24 PM

    Hope he’s got enough money left to buy another ad.

  7. panthers4life34 says: Feb 15, 2013 12:36 PM

    @finsphan you are an idiot. cam is under a rookie contract still and makes much less then he deserves. He isnt the reason we lost games this year he may have contributed some weeks but overall you cant blame him.

  8. christopher525 says: Feb 15, 2013 12:42 PM

    Find a trade partner for Stewart.

  9. finsphan says: Feb 15, 2013 1:26 PM

    I know he is under a rookie contact idiots, I was being sarcastic. and if accounting for nearly as many turnovers as td’s is great numbers for you cam lovers then you better get used to losing because scam lost more than a few of those games because of stupid throws, bad accuracy and fumbles. but hey, he does the superman celebration when they are down by 3 td’s! exciting!

  10. Stiller43 says: Feb 15, 2013 1:46 PM

    11 over for a team that had like 13 wins combined the past two years? And thats with cam on a cheaper rookie deal..

    Wow. It will be interesting to see if they can still grow…the big contracts they keep giving RBs has to be a problem

  11. keeppounding says: Feb 15, 2013 2:27 PM

    16 million to 11 million with 1 player is good work. Restructure Beason, gross, gamble, Williams and we are well under the cap. Resign dwan Edwards. Brent grimes would be nice and draft a safety.

  12. christopher525 says: Feb 15, 2013 6:45 PM

    Trade Stewart, rework Smith, Beason, Williams, and Gamble, maybe even Gross as stated above. That should free up room. Stewart is getting a little injury prone, he’s also less of a game changer than Williams. He’s still young and should command some interest from other teams.

  13. famousp22 says: Feb 16, 2013 9:44 AM

    such haters

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