The Pittsburgh Steelers have now finished their fourth contract restructure of the offseason as linebacker LaMarr Woodley had $5.4 million of his $9 million base salary that he was scheduled to earn in 2013 turned into a signing bonus on Tuesday. The result of the restructure lowers Woodley\’s 2013 cap charge down to $9.19 million and clears $4.05 million in 2013 cap space for the Steelers.
The Steelers also recently restructured the contracts of linebacker Lawrence Timmons, quarterback Ben Roethlisberger and wide receiver Antonio Brown over the course of the few weeks.
Woodley is coming off a season in which he recorded just 38 total tackles and 4 sacks as he missed three full games due to an injured hamstring and ankle.
The Steelers former second-round draft pick out of Michigan was labeled as awful and out of shape by an anonymous teammate after the 2012 season. The comment has been the topic of several interviews done with other Steelers players since it was reported.
Woodley is training out in Arizona this offseason as he looks to rebound in 2013. He was signed to a six-year, $61.5 million contract prior to the start of the 2011 season.
Woodley\’s cap chargers in 2014, 2015 and 2016 are now $13,590,000, $14,090,000.00 and $11,990.00.00 respectively.