The Detroit Lions are one of the teams that I discussed being in desperate need for cap room, so it should come as no surprise that they have reworked the contract of one of their players for salary cap relief.
Safety Glover Quin converted $2.77 million of his base salary into a signing bonus that will be spread out over the remaining years of his contract. The move created about $2.08 million in much needed cap room for Detroit, who should have in the ballpark of $3.6 million in cap space for the start of the NFL season, which is still tight but reasonable.
The move will add salary cap charges of $692,500 to each remaining year of Quin’s contract. This restructure should effectively guarantee his roter status next season as his ead cap charge rises from $3.15 to $5.23 million, leaving the June 1 cut as the only realistic option if they needed to release him.
Jason is the founder of OTC and has been studying NFL contracts and the salary cap for over 15 years. Jason has co-authored two books about the NFL, Crunching Numbers and the Drafting Stage, which are widely circulated in the industry and hosts the OTC Podcast. Jason’s work has been featured in various publications including the Sporting News, Sports Illustrated, NFL Network and more. OTC is widely considered the leading authority on contract matters in the NFL.