According to the St. Louis Post-Dispatch, the Rams have restructured defensive end Chris Long’s contract in order to create more cap space.
By restructuring Long’s contract, the Rams have freed up $4.5 million under the cap.
Long still gets the same amount of money; the restructure is merely an accounting move shuffling money around to free up cap space in 2013.
Long was scheduled to make $13.25 million in guaranteed base salary in 2013. The Rams took $6 million off that base salary and converted it into a pro-rated roster bonus payable during the ’13 season. However, the pro-ration means the $6 million is split into four $1.5 million “installments” in terms of cap count over the remaining four years of Long’s contract – 2013, ’14, ’15, and ’16.
So instead of counting $13.25 million against the cap this year, Long counts $8.75 million.