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Steelers Give S Troy Polamalu A Two-Year Contract Extension


In addition to signing Pittsburgh Steelers tight end Heath Miller to a two-year extension on Wednesday, the team also extended safety Troy Polamalu by two years as well.

Now that we know the parameters of the recent extension give to Miller that cleared $3,333,334 of cap space for 2014, it’s not too hard to speculate what the extension for Polamalu will look like.

Polamalu is currently scheduled to earn a base salary of $8.25 million in 2014 and currently carries a cap charge of $10,887,500. The Steelers could have decide to turn as much as $7 million of that $8.25 million base salary into a signing bonus as part of a two-year extension and assuming no new monies were given as a bonus, as appears to have been the case with Miller, his new cap charge in 2014 would be $6,220,833.33, which would clear $4,666,666.67 in 2014 cap space for the Steelers.

The sticking point, however, would be the base salaries in 2015 and 2016 for Polamalu and how much of that is fully guaranteed. In the case of Miller, his base salaries in 2015 and $2016 are both $4 million and one would think that the 2015 base would be fully guaranteed being as he appears as though he didn’t receive any additional signing bonus as part of the extension.

Giving Polamalu base salaries of $6 million in both 2015 and 2016 would make sense with the 2015 amount fully guaranteed or at least partially guaranteed. If indeed that were to be the case, his cap charges in both of those years would be $8,333,333.33 if indeed $7 million of his 2014 base were to be turned into a signing bonus.

Please remember, the Polamalu numbers above are mere speculation and not official.

UPDATE:

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About Dave Bryan

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

    One curveball after another..

  • dkoy85

    So if I’m reading correctly and the assumed extensions happened, the cap savings between the two is roughly $8 million?

  • John Williams

    8.3 million a year for 3 more years is still way too much for an old injury prone safety. I love Troy like the next Steelers fan but we need to quit signing the players that are past their prime and instead keep the younger players like Keenan Lewis.

  • Tom Jackson

    Go cheer for the Raiders if you don’t like it

  • StarSpangledSteeler

    I think your comment is off base.

    We all love the Steelers. That’s why we post here. But sometimes the coaches/players/front office make mistakes. And they should be held accountable. We pay for merchandise, tickets, etc. We have the right to express disapproval as fans.

    That would be like our politicians making mistakes and if we call them out, they say “Go move to another country.” We don’t want to move. We just want them to be better/smarter about their decisions.

  • Chad H

    He is still worth it and a top 10 safety in the league.

  • PA2AK

    yup…should have let him go…Thomas and Allen should fill in well! Really though, this isn’t that bad of a move considering what they are up against. I would rather have seen them make some better moves (as you suggested) in past years. Right now, they have some serious constraints on what they can do personnel wise. This and the Heath extension are good moves considering all

  • gevins

    Remember he played out of position most of last year. We get our MLB situation figured out and maybe we will get the old Troy back.

  • Tullydew

    More like a slow pitch soft ball. The writing was on the wall this whole off season. Now they will restructure Brown and Timmons to clear more cap space.

  • Tom Jackson

    Guy played in all 16 games had 2 picks 5 forced fumbles played every snap has been a role model on and off the field and is helping our cap this year so i say great move. We don’t even know if passing on Lewis was a bad move he had a great year last yeat but lets give it time. I trust our front office to rebound and for us to have a better year next year i just wish our fans would have a little more faith.

  • Tullydew

    Allen is a nice special teams player/backup, nothing more. The Cowboys cut him mid season last year.

  • Tom Jackson

    Heath’s contract has no gurarenteed money past this year same with Tory’s all there doing is helping the cap and getting a chance to finish up as Steelers i don’t see how you can hate that move

  • PA2AK

    yeah this is a point that a lot of folks are overlooking. Troy was covering for a lot of rookies last year. He’s been healthy. I’d much rather have him for these last couple of years than thrust some of these lesser talented and inexperienced guys into a starting role. He’s slowed down, but it’s still better than a majority of the starting SS out there.

  • blackandgoldBullion

    Have the Steelers been reading my posts? I was hoping they would get all these guys in a room and get them to all take pay CUTS in order to have a chance at playing for another championship. Well, that’s not exactly what’s happening, but it seems they are getting together over lunch and helping out this year’s cap dilemma.

    Of course, this is just like Dave has been saying all along. Kudos, man. That’s why we’re here.

  • PA2AK

    I hear you…don’t want to see him needed as a starter and didn’t mean to insinuate that he’s anything more than a quality depth guy with a good attitude.

  • PA2AK

    i agree….I do think he’s right on the Lewis deal. Would be real nice to have him and would probably make dealing with Ike a very easy situation right now. As it stands…we need some help at that position badly.

  • srdan

    I think that is right for this year….so far.

    They sure are creating a lot of room. They maybe planning an extension for pouncey, allen and maybe even cam

  • steeltown

    Excellent

  • Jollyrob68

    Yeah it lowered this years cap hit but that means dead money in a year or two if he retires,get’s hurt and they release him. I’m glad we lowered the caps hit and they must feel he still has 2 yrs left in him.

  • Tom Jackson

    Yeah i admit that probaly was a bad call but i feel like they are starting to realize tagging Worilds was unexcpeted i was sure he was gonna end up like Lewis. I think it’s good to have vets like Troy and Heath around for hopefully a few more years to help the young guys coming in and hopefully build a new core.

  • steeltown

    Miller and Polamalu are both in their early 30′s these are not 35-36yr old guys with nothing left in the tank

  • Eric MacLaurin

    Looks like 9.5 to me but I wouldn’t make any bets.

  • blackandgoldBullion

    I wish! They still have a roster for 2014 to put together. But they will need some cash for those and they truly are essential.

  • sean mcmartin

    This is great news!! Troy may not be a great MLB, But he can be a game changer. Now onto more draft speculation with these new turn of events..

  • blackandgoldBullion

    Wow! Potentially no guaranteed money in the future for these guys? That’s quite shocking , if true. I mean just the fact that they would do this great thing while their agents are screaming, “Get more guaranteed money!”

    And these guys can still perform. Imagine what Troy could still do if the Front 7 was still stellar!

  • PA2AK

    agree. I don’t mind keeping certain vets around, but it really is a young mans game. The FO got stung with a few drafts that went sideways, holding onto vets in lieu of letting younger guys get the shot, and some odd strings of injuries the past few seasons. I think they see it now and seem to be doing a decent job of rectifying the situation without getting reckless.

  • srdan

    My salary is so easy to figure out. You get one paycheck, mulitply by 26 and call it a day.

  • PA2AK

    Hopefully the young LB’s and inexperienced DL will hold their own and allow Troy to get back to playing more safety too! Both Heath and Troy are looking pretty healthy. Aside from all that…what other options do we have considering needs at other positions? Theses moves were smart and necessary.

  • Ken

    Tom 100% percent agreed. He played all 16 games last year and did exactly what the Steelers asked him to do. This is great news.

  • Jefferson_St_Joe

    Unless I missed something, I don’t think the 2015 and 2016 numbers have been released. I see no way they are giving him anything close to that. I’d look for something like $6M in 2015 and $4M in 2016.

  • Tom

    I will reserve my judgement until the actual financial terms are released.
    If they are as speculated here, I am happy with the extension.

    I do believe Troy is still a very good player.

    My question is…..
    Is Shamarko going to be given an opportunity to start at Free Safety in 2014?

  • steeltown

    Yea its $20MIL over the 3yr span, including what was already on the table, it will avg out to $6.67MIL per

  • westcoasteeler

    Another Steeler great retiring a great Steeler.

  • steeltown

    I believe your math is off.. its going to be somewhere around $6.67MIL per, $20MIL over 3yrs…. and worth every penny

  • PA2AK

    I would assume that is the plan. He’s better suited for SS, but he’s been learning both positions the entire time from what i’ve heard. Who else do they put there unless the find a FA out there?

  • Johnny Loose

    Best safety in the league.

  • PA2AK

    Ha…used to be. Now…no. He is very good though.

  • SteelersDepot

    There is potential for dead money because of the base salary being turned into a signing bonus with both.

  • SteelersDepot

    Reading comprehension down? You have to be one of the worst here at that, no offense.

  • SteelersDepot

    What part of “speculate” do you not understand?

  • blackandgoldBullion

    Thanks. I guess we’ll find out soon.

  • Iron Cadet

    Enough with the Keenan Lewis stuff. It happened, oh well

  • chris ward

    Great news, glad to see that the Steelers are giving both Heath and Troy extensions. Both deserve to retire as Steelers, being for all what they have done for the Steelers organization, the city of Pittsburgh, and the Steelers fans.

  • Jefferson_St_Joe

    First, I wasn’t commenting to you or the article. I was stating that 3 yrs at $8.3 was too much to @disqus_TNA8HzabMY:disqus , Second, my guess was only off by the $2M in 2016 if Schefter’s numbers are right.

  • Tom Jackson

    Totally agree i feel like if we can just get a good core of young guys to mix with some of our vets like Ben, Troy, Heath and Ike if he decides to stay for less i think we will get great results.

  • Tom Jackson

    Thanks Ken i feel like we should just have faith in the front office we haven’t had a losing season in 10 years not many teams can say that 8-8 is not acceptable and i think the coach’s and players realize this and i feel with some good draft picks and getting a good mix of young players and vets were in for a good season.

  • ATL96STEELER

    We’re going to know pretty quickly I think, but have to imagine Thomas would move to FS.

    I Troy is still a good player, but by no means the best in the league, as Johnny said…if we’re being totally truthful here…this looks like a Rooney stamped deal…yes, he can still play, but they didn’t want their future HOFer playing for another team on the way out like Woodson, so they made it happen.

  • shawn

    touche

  • PA2AK

    could be…but what other choice was there really? I don’t think we were in any position to release both Troy and Clark, or release Troy in lieu of Clark and then use what we have in house, in FA, or in draft to fill the void. Especially when you add the other positions we need to sure up.

  • RyanW

    Yes but if only this and next years salaries are garaunteed then its a solid move.

  • ATL96STEELER

    I’m not suggesting it was a bad move, but it just seems like a Rooney move vs Colbert. He was the best option for the Steelers, and now he fits better within the cap…win/win

  • CrazyTerry

    Even when he played safety , we was burned badly at times in pass coverage. It’s not just this year. He was one of the culprits in letting tebow have a career passing day in a humilating playoff loss. He was the worst steelers on defense in SB 45. He still has plenty of great moments. But let’s not sugarcoat his decline.

  • CrazyTerry

    Is he worth 7-8M a year?

  • CrazyTerry

    Some other top defenses seem to exist just fine withyout a Polamalu. With the breakldowns in pass coverage, maybe time has come for solid safety play by a cheaper safety and spend that money on a corner instead. Cut Ike too.

  • CrazyTerry

    Seriously, dont make me laugh. What a bunch of homers. I think Tom Brady disagrees.

    Dont get me wrong. Troy is one of my favorite Steelers. but he gets way too many passes for his mistakes because of a few highlight plays.

  • steelster

    I agree they should have realeased troy and give Thomas a shot at ss.

  • Chris Ranieri

    The writing that TP’s contract would require attention: yes. The writing didn’t necessarily lead one to believe he would be on board another three years. I must disagree. I understand this move was done to reach the goal of cap compliancy, but I maintain my comment that the way in which this goal was pursued was most definitely a curveball.

  • ATL96STEELER

    If it were me making the decisions the team would be a lot younger already with probably a similar record…I would not bring back Ike or Troy this year, just too expensive for their production, but I do understand what they bring to a HC and to LeBeau…that’s why I said win/win.

  • PA2AK

    For the Steelers…quite possibly. The writing on the wall is there for Clark. That leaves you with one starter on the decline. However, this puts you in a position to keep one of the better S in the league and have a young Thomas potentially start next to him for a year or two. Lots more value than just the on field measurables. Still some things in the air at the safety position, but it’s a good value for the Steelers. Maybe the paid a bit more than fair value, but a declining Troy when healthy is still better than anything they can afford.

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