[Steelers News] Steelers Restructure LB LaMarr Woodley's Contract; Clear $6.5M Cap Space

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Steelers Restructure LB LaMarr Woodley's Contract; Clear $6.5M Cap Space

Filed Under: afc, afcnorth, nfl, steelers, topstory, transaction

Posted By: 86WARD 02-07-2012 , 08:13 PM	#1

The Pittsburgh Steelers cleared $6.56 million of salary cap space by renegotiating the contract of outside linebacker LaMarr Woodley, a league source confirmed on Tuesday. Franchised by the Steelers prior to last year's lockout, Woodley signed a five-year extension worth $52.5 million on August. Woodley received a $13 million signing bonus, $4 million option bonus and a $1.1 million base salary which resulted in a 2011 cap number of $7.7 million. In 2012, Woodley was due a $3.4 million base salary and had a $5.5 million roster bonus due on the 5th day of the 2012 league year for a cap number of $11.5 million.

Source: Mac's Football Blog

Steelers Restructure LB LaMarr Woodley's Contract; Clear .5M Cap Space-1_lamarr-woodley.jpg

02-07-2012, 08:13 PM

86WARD

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Timmons or Harrison Next?

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02-07-2012, 08:32 PM

K Train

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probably both, and ben, and ward

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02-07-2012, 08:34 PM

86WARD

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That'll actually free up a boat load...lol.

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02-07-2012, 10:26 PM

TheDuke

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And to think, we drafted Kolb ahead of this stud. Imaginr where we'd be if we'd made the right choice. But all in all a good move by the Steelers.

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02-08-2012, 08:30 AM

K Train

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Quote:

Originally Posted by 86WARD

That'll actually free up a boat load...lol.

thats before possible cuts too like hampton, smith, farrior, foote, mcfadden

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02-08-2012, 12:24 PM

86WARD

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Which all should be cut.

I don't think they'll redo Ben or Troy.

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Tags: afc, afcnorth, nfl, steelers, topstory, transaction

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