Adrian Amos restructured his business to free up some ceiling space for the Packers, according to the source.
– Adam Schefter (@AdamSchefter) March 12, 2021
The Green Bay Packers have cleared the ceiling space by restructuring Adrian Amos’ safety contract, according to ESPN’s Adam Schefter.
Amos, who signed a four-year, $ 36 million contract with the Packers in 2019, was to count $ 10.3 million against the team’s ceiling in 2021. His agreement included a base salary of $ 4.9 million dollars and a $ 1.5 million bonus, which maybe both can be turned into a signing bonus to free up space for the cover.
However, any capitalization space released in 2021 would be pushed until 2022, when Amos’ capitalization blow is already $ 10.9 million. The Packers may feel comfortable pushing the money, knowing that Amos could be a prime candidate for a contract extension after the 2021 season.
Amos, who turns 28 in April, is coming off a terrible 2020 season. He was the second highest level of safety at Pro Football Focus.
Restructuring its transaction using the sign-up bonus conversion could release nearly $ 3 million, according to Over the Cap. If the restructuring involves an extension or the addition of annulable years, the savings could be even greater.
The Packers have been $ 9.4 million above the payroll since Friday. The team must be under cover by Wednesday, the start of the new league year.
Other players capable of restructuring or expansion include defender Aaron Rodgers, receiver Davante Adams, juniors Za’Darius Smith and Preston Smith and linebacker Billy Turner.