Cardinals save more than $7M in cap space restructuring DeAndre Hopkins’ contract

Hopkins’ $10.65M roster bonus was converted into a signing bonus, reducing his cap hit to $17.95M in 2022 but increasing the next two years by $3.55M.

The Arizona Cardinals have freed up some more room under the salary cap as free agency has begun. After releasing linebacker Jordan Hicks and redoing the deals of linebacker Devon Kennard and offensive lineman Justin Pugh, they have now restructured the contract of receiver DeAndre Hopkins.

Hopkins was due a $10.65 million roster bonus on March 22. They made it a signing bonus, instead, according to ESPN’s Field Yates.

By doing so, it reduces his cap hit by $7.1 million. With $6.65 million in salary due in 2022, his cap hit was going to be $25.05 million, the largest cap hit on the team.

His new cap hit will be $17.95 million, which includes his salary plus $11.3 in prorated cap charges, which includes his original signing bonus and two restructures now.

The move will add $3.55 million to the cap hit of his contract in 2023 and 2024.

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