Quantcast

Green Bay Reporter

Thursday, September 19, 2024

Packers restructure Bakhtiari's deal

272269998 10159445093505073 6798096368907701688 n

The Green Bay Packers restructured David Bakhtiari's deal to free up more room in their salary cap problem. | Facebook/Green Bay Packers

The Green Bay Packers restructured David Bakhtiari's deal to free up more room in their salary cap problem. | Facebook/Green Bay Packers

The Green Bay Packers restructured David Bakhtiari's deal to free up more room in their salary cap problem.

They did this by taking over $11 million of the left tackle's compensation and turning it into a bonus instead, Field Yates, an NFL Insider with ESPN, tweeted Feb. 26.

The restructured deal is applicable for the 2022-23 salary cap problem. The deal takes $11.58 million of Bakhtiari's salary for 2022 and turns it into a signing bonus that will be spread out over the rest of his contract instead of maxing out the 2022 salary cap, NBC Sports reported. 

Restructuring Bakhtiari’s deal frees up approximately $9.26 million in salary cap space for the Packers, who must figure out how to get the team under the cap of $208.2 million by March 16. 

Salary caps were established by the NFL in 1994 as a way to level the playing field so that big-market teams that make more money through television deals and such can't just lure all the best players to their team by offering bigger paychecks.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS