Falcons free up cap space by restructuring Deion Jones’ contract

The Falcons freed up some cap space on Tuesday by converting $8.5 million of Deion Jones’ salary into a bonus.

The Atlanta Falcons freed up some cap space by restructuring linebacker Deion Jones‘ contract on Tuesday. Jones, the team’s highest-paid player, had $8.5 million of his salary converted into a $6.8 million bonus.

The Falcons also added three voidable years to his contract to ensure Jones gets his money sooner, according to ESPN’s Field Yates.

Jones was placed on the injured reserve list prior to Week 1, along with cornerback Isaiah Oliver, defensive lineman Marlon Davidson, offensive lineman Jalen Mayfield and tight end John FitzPatrick.

Atlanta will likely be looking to move on from the former Pro Bowl linebacker, whose role had diminished in the team’s 3-4 defense. Mykal Walker and Rashaan Evans started for Atlanta at inside linebacker during the team’s loss to the Saints in Week 1.

According to OverTheCap.com, the Falcons now have about $9.5 million in cap space.

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