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Steelers restructure Marcus Gilbert’s deal for cap room

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At a time when they’re trying to do a big deal for quarterback Ben Roethlisberger, the Steelers did a smaller one to create a little more room.

According to Field Yates of ESPN, the Steelers restructured tackle Marcus Gilbert’s contract to create $3.724 million in cap space.

They did so by turning a $3.5 million roster bonus and $1.15 million of his salary into a signing bonus, pushing the hit down the road.

Of course, by the time that hits, they hope to have Roethlisberger’s deal done, which in a few years will necessitate swallowing some of the pills they’re creating for themselves now.

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14 Responses to “Steelers restructure Marcus Gilbert’s deal for cap room”
  1. kremis says: Feb 25, 2015 8:41 AM

    Listen, when you lose to Tim Tebow in the playoffs years ago, and have not won a playoff game since, and your QB is in his mid 30;s you’ve got BIG problems

  2. primenumber19 says: Feb 25, 2015 8:54 AM

    Why agree to a larger cap number down the road, making it more likely you’ll be cut, for no financial benefit?

  3. cross300 says: Feb 25, 2015 8:54 AM

    Eventually you have to pay the piper. Can’t keep putting off what’s coming.

  4. vincentbojackson says: Feb 25, 2015 8:56 AM

    Pushing money “down the road” is not as big a deal as it used to be. With the new TV deals set to hit in two years, the salary cap is projected to skyrocket. This will allow the dozen or so teams that find themselves up against the cap some much needed relief.

    Being creative with the cap makes sense right now because of what is coming.

  5. floratiotime says: Feb 25, 2015 9:11 AM

    It’s tough seeing players restructuring so that low life Roethlisberger can get paid a fortune. Life sure isn’t fair.

  6. jtbsteeler says: Feb 25, 2015 9:14 AM

    Good move. The Ravens are capped out.

  7. steelcurtainn says: Feb 25, 2015 9:24 AM

    This is nothing new for the steelers. They do these things all the time and still compile a 11-5 division record as (AFC North division champs) while continuously building up there defense to a perennial powerhouse again.

  8. crownofthehelmet says: Feb 25, 2015 10:07 AM

    Why agree to a larger cap number down the road, making it more likely you’ll be cut, for no financial benefit?
    ————————————————
    $4.65M signing bonus today sounds like a pretty good financial benefit to him.

  9. hakunamangata says: Feb 25, 2015 10:24 AM

    Good move. The Ravens are capped out.

    Actually they’re not.

    While they don’t have a lot of room (5,791,927 to be exact) these sites didn’t account for the roll over of money from one season to the next. So while technically they’re not wonderful, they still have room even without renegotiating with ngata or cutting really anyone.

    However if they do cut canty, koch, Jacoby, McClellan, and a few other role players (like Bernard Pierce) then they stand to gain another 12 million in cap space.

    Again before cutting Ngata or restructuring Webb.

    Now you may think they’re really up against it because they can’t resign McPhee, but really you can’t keep everyone and I think the Ravens believe enough in their drafting that they’re content to let a former 5th round situational player walk in order to receive a 3rd round pick in return.

    Kind of what the Steelers did with Mike Wallace a few years ago.

    Meanwhile the Steelers now have 2,340,557 in cap space AFTER this restructuring so remind me again of how the Ravens are in trouble again?

  10. twpguy1964 says: Feb 25, 2015 11:01 AM

    How about just cutting him ! He’s so overrated. You keep pushing these cap hits down the road and you keep having this stupidity. STOP signing aged players to bad contracts Colbert you as*.

  11. enoughofthatalready says: Feb 25, 2015 12:45 PM

    Pushing the cap hits later is not a bad thing with the big cap jumps that have been happening lately. The problem is going to be when Le’Veon Bell is ready for a new contract and Antonio Brown is ready for an extension. Could be like the Demarco Murray / Dez Bryant thing in Dallas.

  12. enoughofthatalready says: Feb 25, 2015 12:47 PM

    The Steelers will gain some cap money for the first few years anyway when Ben’s deal is redone. Plus with Ike T and Polamalu likely done and Worilds probably going to be overpaid elsewhere, there is some money to be gained there as well.

  13. themeccalambeaufield says: Feb 25, 2015 4:53 PM

    This team is always having a cap crisis no wonder they haven’t won a playoff game in 5 years. Pretty poor management that it can’t dig out from cap issues.

  14. blackngold4life says: Feb 26, 2015 3:26 PM

    If we had multiple pro bowlers I could see all the cap issues and restructuring EVERY year.. If your a CEO of a major cooperation and your in the Red at the end of every year you wouldn’t have ya job for long..their either payin mediocre players too much or a couple of good players too much over the years.

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