One year after Deshaun Watson signed a fully guaranteed $230 million contract with the Cleveland Browns, the franchise is looking to restructure the deal to create much-needed salary cap space.
Watson’s cap charge for the next four seasons is a record $54,993,000, and general manager Andrew Berry said restructuring the contract is an option.
“It could be on the table,” Berry said, “But there’s a lot of flexibility in terms of what we can do.”
Watson is scheduled for a base salary of $46 million and is charged $8.993 million for his signing bonus.
Cleveland is projected to be $14.373 million over the 2023 salary cap as of Tuesday.
The highest salary cap charge in the history of the NFL for a single season to date was $39 million.
NFL teams have until March 15 to align their finances and be compliant with the 2023 salary cap of $224.8 million.
–Field Level Media