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Detroit Lions restructure QB Jared Goff’s contract, free up $15M in cap space

Jan 16, 2021; Green Bay, Wisconsin, USA; Los Angeles Rams quarterback Jared Goff (16) against Green Bay Packers during the NFC Divisional Round at Lambeau Field. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports
Jan 16, 2021; Green Bay, Wisconsin, USA; Los Angeles Rams quarterback Jared Goff (16) against Green Bay Packers during the NFC Divisional Round at Lambeau Field. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports

The Detroit Lions restructured new quarterback Jared Goff’s contract, a move that freed up $15 million in salary cap space for this season, ESPN reported Wednesday.

The team converted $20 million of Goff’s salary for this season into a signing bonus and moved $5 million in cap charges into the quarterback’s 2022-24 seasons, per the report.

Related: Top 20 NFL QB Rankings – What happened to Aaron Rodgers?

The Lions acquired Goff, a 2021 third-round pick and first-round selections in the 2022 and 2023 drafts from the Los Angeles Rams in exchange for Matthew Stafford in January.

Goff signed a four-year, $134 million extension with the Rams in September 2019.

–Field Level Media