By Simon A Chester
The Pittsburgh Steelers crept back into the black in terms of salary cap space on Wednesday when they restructured the contract of Antonio Brown. However, despite the substantial savings the move created, the front office still has less than $1.5 million in available cap dollars to spend.
Open to help wherever it may come from, the Steelers were lucky recipients of a positive adjustment to the salary cap earlier in the week after they were credited an extra $246,991 by the NFL. In a change first noted by salary cap specialist Texans Cap, the league has made adjustments to each team’s cap total to reflect charges that were unnecessarily debited last season.
For Pittsburgh, this extra money comes in part from likely to be earned (LTE) bonuses that a player never fulfilled or grievance holds against the Steelers that were resolved in their favor. Having played in only 10 games this season, Pittsburgh should have seen $$46,875 returned as part of this fee against the contract of tight end Vance McDonald. His LTE bonus covered him for 11 games before the year began.
Some teams around the league saw much bigger returns than the Steelers, the Houston Texans received over $5 million by comparison, but every little helps for Pittsburgh this offseason. For the amateur capologist’s amongst us, the Steelers adjusted team cap for 2018 is now showing at...