An Effort to Elucidate the Recent Contract Renegotiations
The Cleveland Browns have restructured the contracts of several key players, including Joel Bitonio, Myles Garrett, and David Njoku, allowing them to clear $37 million in cap space. However, the Browns are not expected to spend much of that money right away, as they are being strategically with their spending to ensure long-term sustainability. The team is converting base salary to signing bonuses, which ownership must front in cash. This gives the Browns a 5-to-15 percent advantage against the salary cap year after year. In addition, the team is looking ahead, spending the salary cap of future years in advance. The Browns are also using void years on contracts to keep cap hits low in the short term. It is crucial that the Browns do not allocate the cleared cap space for rollover purposes or restructure contracts of players whose future with the team is uncertain.
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