Report: Steelers restructure Cole Holcomb’s contract

The Steelers took the opportunity to renegotiate ILB Cole Holcomb’s contract, who remains on the active PUP list.

Cole Holcomb was off to a solid start in his first season with the Pittsburgh Steelers before succumbing to a severe knee injury that shut down a promising season.

The Steelers took the opportunity to restructure Holcomb’s contract, as he remains on the active Physically Unable to Perform (PUP) list, rehabbing the Week 9, 2023 injury.

According to KPRC2’s Aaron Wilson, Pittsburgh “added $3.1 million in 2024 split and base guarantees for Cole Holcomb with renegotiation, in addition to $4.92 million total guaranteed from 2023 contract.”

It’s unclear from the tweet exactly what the adjustment means in financial terms. From a player perspective, Holcomb is unlikely to be ready for the start of the season and may have agreed to the tweak to stay with the Steelers.

Should Holcomb start 2024 on injured reserve, he’s eligible to return in four weeks. If the move is made before Week 1, that’ll be it for the veteran linebacker.

Holcomb sustained the injury when safety Keanu Neal clipped him in an attempt to bring down Tennessee Titans wide receiver DeAndre Hopkins following a 29-yard-reception.

The Steelers should reach out to Kwon Alexander’s agent. Alexander posted a hype video on socials last week showing he’s ready to go after suffering a torn Achilles the week after Holcomb.

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