Chargers restructure Eddie Royal’s contract

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All 32 teams are getting ready for free agency, a process that often includes restructuring contracts to create cap space that can be used to bring new talent onto the roster.

The Chargers have joined that group by adjusting the contract of wide receiver Eddie Royal. Michael Gehlken of U-T San Diego reports that the team has taken action to pare down the $6 million in cap space that Royal was set to take up in 2014.

The exact details aren’t available, but Royal took a pay cut from the $4.5 million salary he was set to make with the Chargers adding incentives to recoup the money that Royal gave back. His base salary for next season is now guaranteed, which means it’s likely that the Chargers will return their top three receivers from last season.

The money has already come in handy. Linebacker Donald Butler, who re-signed with the team last week, thanked Royal on Twitter for restructuring and feeing up money that may have gone to keeping Butler in San Diego. Royal replied that it worked out for both of them.