Steelers Restructure Contract Of LB LaMarr Woodley To Clear $4.05 Million In Cap Space

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.

  • Ahmad

    Well it’s about time if you ask me. I hope that money is used to sign Lewis to a new deal.

  • steeltown

    Me thinks this extra cap room will be used for trying to re-sign Lewis and retaining Foote for one more season…

  • Garrett Hunt

    If he had another down year and was cut at the end of the season, how much dead money would be created?

  • Nolrog

    What is the current cap situation right now? Can we fit Lewis in? Is there room for the draft picks?

  • steeltown

    Probably not both.. but it should be enough to sign Lewis, then releasing Colon post June 1st would clear enough to sign the rookies

  • steeltown

    Ah someone doesnt like this idea.. ha!

  • SteelerFanInMD

    Did the Steelers send Woodley a message by waiting to restructure his contract?

  • walter mason

    I dont know but if he has yet another bad season, it will be hard to cut him. I guess we had no choice. Stillers have restructured more than any other team the past 3 years.

  • Dan

    Will wait for Dave’s next cap update, but since we were already under this must have been done at this time for some specific reason. The Foster deal didn’t take that much space so either they’re prepping to sign Lewis or somebody…maybe Wallace or Revis, ha ha.

  • steeltown

    I have to agree.. unless they ultimately dont want to release Colon, it would appear that this decision was to clear room for FA… again unless they plan on keeping Colon then this would be to make room for the rookie draft class

  • Christopher Wilkes

    This is real bad news if Woodley doesn’t return to form.

  • westernsteel

    Man he gets paid a bunch of $$$. I hope he plays better this season.

  • LucasY59

    I think so, otherwise they would’ve done it the same time as Ben, Timmons, and Brown. If they weren’t forced to do because of the salary cap I don’t think they would’ve done it and I would think that when they made the deal today there were some words said that let him know they expect a lot more from him this coming season