The Green Bay Packers created modest salary cap savings by restructuring the contract of safety Adrian Amos.
According to Bill Huber of Sports Illustrated, the restructuring involved converting all $1.5 million of Amos’ roster bonus into a signing bonus, saving $750,000 on the cap in 2021.
Amos’ four-year deal has two years left. By converting the roster bonus into a signing bonus, the Packers were able to prorate the money, splitting the cap charge up evenly between 2021 and 2022. The $750,000 saved on this year’s cap will be added to Amos’ cap hit in 2022.
Amos was scheduled to count $10,300,000 on the cap in 2021. The Packers lowered that number to $9,550,000 but also increased his cap hit in 2022 – initially set at $10,900,000 – to $11,650,000.
The Packers could have converted some of Amos’ $4.9 million base salary into the signing bonus, creating more savings, but the team is clearly wary about pushing too much money into the future.
The $750,000 in savings should get the Packers to around $8.93 million over the cap. They were at around $9.68 million over entering Friday, according to Over the Cap.
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