It’s well known that Cleveland Browns quarterback Deshaun Watson has a pretty massive contract after he signed a historic fully guaranteed deal with the team ahead of the 2022 season, but it sounds like the Browns have done some restructuring to that contract in order to save quite a bit of space on the salary cap.
According to a report from NFL insider Field Yates of ESPN, the Browns were able to create more than $35 million in salary cap space by restructuring the contract of Deshaun Watson.
“The Browns have restructured the contract of QB Deshaun Watson, converting $44.79M of his 2024 base salary into a signing bonus and creating $35.832M in cap space, per source. Cleveland now has over $62M in cap space, the most in the entire NFL,” Yates said in a post on X, the social media website that was formerly known as Twitter.
The Browns have restructured the contract of QB Deshaun Watson, converting $44.79M of his 2024 base salary into a signing bonus and creating $35.832M in cap space, per source.
Cleveland now has over $62M in cap space, the most in the entire NFL. pic.twitter.com/KC9hLWQDT8
— Field Yates (@FieldYates) August 29, 2024
It’s not clear what the Browns intend to do with this massive surplus of salary cap space, but this move certainly gives them a lot of wiggle room if they want to sign some new players to help bolster the roster ahead of the upcoming season.
We’ll have to see what the Browns plan to do.
