A Look At The Steelers 2014 Salary Cap Situation After Wednesday’s Moves

Coming into this week, the Pittsburgh Steelers were roughly $5.7 million over the 2014 NFL Salary Cap number of $133 million and now that linebacker Jason Worilds has been transition tagged, and both tight end Heath Miller and safety Troy Polamalu have had their contracts extended, we can easily speculate what the teams current cap status is.

Worilds was the first player this week to make news when he accepted a $9,754,000 transition tender from the Steelers. The addition of that amount would put the Steelers roughly $15.454 million over the cap at that point.

The two-year extension given to Miller should free up $3,333,334 of cap space for 2014 while the two-year extension given to Polamalu should also free up roughly $4,666,666.67 in additional space.

After those three moves, the Steelers are likely roughly $7.4534 million over the $133 million cap number.

The Steelers also re-signed safety Will Allen on Wednesday, but being as that is expected to be a one-year qualifying contract for the veteran minimum that comes with a reduced cap charge, it will likely only eat up an additional $150,000 of cap space in the top 51 after displacement. That would put the Steelers roughly $7.604 million over the cap.

As you can clearly see, the Steelers still have work to do and the result of that work is likely coming soon. The team is expected to release tackle Levi Brown at any moment and in doing so that will clear $6.25 million in cap space. In addition, we could see wide receiver Antonio Brown and linebacker Lawrence Timmons both have their contracts fully restructured to the full amounts. That would clear nearly $8 million more in cap space should both of those things happen.

The Steelers are also expected to do something with contract of cornerback Ike Taylor as well. If they were to terminate his contract, they would clear $7 million in cap space, but there’s also a chance he might accept a reduction somewhere in the neighborhood of $3-$4 million.

If Taylor were to accept a $3.5 million reduction, for example, the Steelers would be $10,028,500 under the cap if indeed both Brown and Timmons were also restructured to their full allowable amounts.

Now, keep in mind that the Steelers are currently working on getting a long-term extension done with Worilds as well and that would result in his current 2014 cap charge of $9.754 million being reduced by roughly $5 million or more. The quicker that gets done the better. Even if does take a little while, the Steelers figure to have plenty of cap room to re-sign a few more of their own unrestricted free agents and possibly one or two from other teams if the price is right.

At some point during the offseason, the Steelers might extend the contract of quarterback Ben Roethlisberger and in doing so, that could potentially free up roughly another $4 million or so in cap space depending on the numbers and the structure.

UPDATE: After the release of Levi Brown, Curtis Brown and Larry Foote, I have the steelers cap number at $133,372,066 and that includes the rollover from 2013. So they are either right at the number right now or just over or under.

I am, I'm me. 40 something, retired and a life long Steelers fan.
  • Myster E

    good job Dave, thanks for keeping us informed

  • Berlusconi

    This doesn’t look that bad at all, despite the fact that most media add to any news regarding signings/restructures/releases of the Steelers: “… by the Steelers, who have cap problems”

  • SteelersDepot

    So Jefferson_St_Joe doesn’t get all upset, there is a lot of SPECULATION used above and the word “ROUGHLY” is also used quite a bit.

  • Xclewsive

    This doesn’t factor in a extension for Ben which I believe will be done this off season also. The Steelers cap situation moving forward looks promising.

  • steeltown

    Nicely done

  • 243546

    Would love to see the Steelers in a position to sign a veteran defensive lineman. That’s really the one position group that is missing a veteran presence.

  • PA2AK

    I’m really liking the moves so far this offseason. I hope they keep handling it with the balance (short term/long term) in their decisions. A lot of tough spots to fill and I trust they are up to the task.

  • Tom Rupert

    Well, a lot of things have to fall in place to be a truly successful offseason for our Steelers but I’m encouraged at the pace we started with. It’s clear to me that the Steelers are not sitting back and taking the normal “conservative” approach after back to back 8-8 seasons! Great summary as usual!

  • Alexander Sebastian Heath

    Excellent. Random question but I want to start talking about Ziggy Hood. Now everybody are aware that he hasn’t lived up to his 1st round despite being a wrong fit for our defense but if he is likely to accept for a contract in neighbor of McLendon’s or less, would you want the Steelers to sign him?

    I would say yes for few reasons, all but one are common reasons. I’ll state one addition reason- Seattle Seahawks. They have a GM who is great with hunting for the veterans that are misfit or having a bad year at their respectful position/team and with them releasing Red Bryant (who I actually like too but anyway) Hood fits their prototypical UT for their Gus Bradley’s 4-3 and at a cheap price I can see them going for him AND he is likely to succeed. I’d hate for the Steelers to let a player of Ziggy Hood-esque (reliable, durable, yet very mediocre veteran) go off to a Super Bowl team and got them better.

    Like I said, he should be very cheap and a great fit for the rotation, considering Keisel will be let go, which leave us with three possibly released/done veterans being replaced (Keisel, Clark, and maybe Taylor) I personally, feel like there aren’t a better replacement for Hood via draft, the free agency you can get somebody like Red Bryant but he is 29 going 30 and possibly will be more expensive (thetorically) for his production. We no long have a cemented rotation with big majority of starting line-up with big PT/snaps and things don’t get better magically.

    So I’m hoping for Hood to return to the Burgh for other possible play-off contention!

  • srdan

    Nobody expected such a huge cap increase this year. that alleviated some of the pressure.

  • sean mcmartin

    Great read Dave. Encouraging to say the least. Every year the sky is falling until they restructure , release. players.
    The comments from rooney and Colbert about seeking a FA looks like it is more than lip service.. Adding a veteran defensive player that has something left would be outstanding..

  • chris ward

    Great article, interested to see what is going to happen with Ike Taylor. I don’t think Taylor is worth 7 MIL at his age, but I expect he will take a pay cut and will be back with the Steelers in 2014. Plus, I think they need him for at least one more year with the lack of depth at CB, hopefully the Steelers double dip at CB in the draft and get some better depth at CB.

  • Brian K

    I love reading all the national media ‘s doom and gloom on how Pittsburgh ‘s call is catastrophic, then reading a piece from someone who actually knows what they are talking about and knows the team antics per say. I get a good laugh especially at the cost of La Canfora.

  • T R

    OMG they just release Larry Foote :( also Levi and Curtis Brown… as expected.. but wish Larry Foote could stayed another year.. :(

  • cp72

    I have a feeling were gonna take a run at one of the big name agent corners. With Allen resigned and Troy extented they can add safety depth in the draft and all of sudden the safety position doesn’t look so bleak. Corner is now the most glaring position by far.

    BTW….why hasn’t Levi Brown been released yet? Seems to be an easy move that just needs to be done.

  • Josh Knepshield

    How do you know that? Havent heard anything

  • hchristi15

    They just released Levi Brown, along with Larry Foote and Curtis Brown.

  • edrabs

    This salary cap analysis that you do on a consistent basis here is amazing Dave. This alone puts the Depot on top of every other Steeler blog out there, and on the short list for best NFL blog, period.

  • Jay Jaber

    Ok what’s the chances of steelers signing one big name free agent like a Paul soliai. He’s actually under the radar but I watched him play agains the steelers this year and I loved what I seen he’s a beast.

  • cp72

    Kevin Colbert must have read my post. Now get something done with Ike, get Worilds signed long term, and restructure AB and Timmons and then we can finally start free agency about 15 million to spend.

  • cp72

    At the risk of sounding to Eddie Haskellish I am a lot more knowledgeable about the cap and other intricacies of the NFL since I have been on this site. Dave does a damn good job as well as the knowledgeable fans that post on here.

  • Ken

    Thanks Dave, nice job. It looks like this will be the most cap room to play with in a long time.

  • Madi

    I agree. Sign Hood to a McLendon-ish contract, maybe a little lower. People think of him as the guy who got benched, but who wouldn’t get benched for Cam Heyward? That guy is a star who should never come off the field. The fact that it took him as long as it did is a testament to the coaches’ confidence in Ziggy. Furthermore, Ziggy played well down the stretch for us this year. Better than people realize. He’s durable, reliable, experienced (a big deal in our system), and a solid run defender. He’s a good teammate and a hard worker with a high motor. I like him just fine as our base LDE. Just take him out on most passing downs in favor of a better pass rusher. His arrow is pointing sideways or maybe a hair up. Unfortunately, Keisel’s arrow is pointing straight down, and he’s less durable than ever.

    The most convincing argument against Ziggy is that he’s not a playmaker or superstar, and is just an Average Joe. Yes, that makes him disappointing for a 1st round pick, but if you separate him from his draft status, it’s not much of an argument for ditching a guy. We have bigger needs at other areas. Re-signing a capable player like Ziggy frees us up to tend to those other areas instead of spending picks or FA money on DE again.

  • cp72

    Yeah it’s pretty amazing to think we could have Worilds signed long term and have 15 million in cap space with a few moves didn’t seem possible a month ago. The only collateral damage is three guys that started a combined 1 game…kudos Mr. Colbert.

  • cp72

    If he wasn’t 30 I’d like him a lot more.

  • srdan

    I like the last sentence! Didn’t think of it i that way.

  • HereComesTheCollapse

    This site along with the podcast is becoming the defacto information source for what the steelers are doing during the off-season. If I only paid attention to espn I would have no idea that the sky wasn’t falling for the steelers and their cap situation. Thanks for the great breakdown on the cap Dave.

  • Milliken Steeler

    Very Good points Madi. Unless a 4-3 comes calling, I think we could get Ziggy back very cheap.

  • alex

    durable, reliable, and experienced cant be overstated!

    also given the fact that we will have two huge playmakers in the front ‘5’, if you will…(thats Worilds and Hayward for sure)…and maybe a resurgent Woodley or a beefed-up growing youngster in Jarvis, were startn’ to look pretty good…

    now if we can solve the hole up the middle of the D, then we just gotta solve our defensive backfield issues, or are they the same?!

  • Lance E. Mroz Jr.

    Guess you were right all along.

  • SteelersDepot

    Which one of 20 things I was right about are you referring to? :)

  • SFIC

    Dave, is the cap total you mention above accumulated from a 51 player total or less?

  • Rikki Giaro

    I know Pittsburgh couldn’t afford him but , I would love to see Jarius Byrd in black and gold. Since they already drafted Thomas to take over for Troy, Byrd could fill in Clark’s old spot.

  • Lance E. Mroz Jr.

    The cap. You have been going on about how the Steelers were gonna be just fine with the cap for months. Well now they are. Everybody had the walls tumbling down, you were like “Eh, it’ll work out. This is what they do.” (obviously paraphrasing) An so it goes. Thanks by the way. Podcast, Steelers Depot. You rock. Driving 60 miles a day it’s nice to have something to listen to.