DeAngelo Williams restructures contract
The Carolina Panthers followed up a big contract for DeAngelo Williams in 2011 with a large one for Jonathan Stewart a year ago so there have been natural questions about whether or not the franchise could keep the backfield in place.
The answer appears to be yes after the club restructured Williams’ contract. There are a lot of moving parts to what happened, all reported by Brian McIntyre of Yahoo! Sports, but the important factors are that the team reduced his salary cap by $3.2 million for this season and shaved $8 million cash off the deal in 2014 and 2015.
That makes it feasible Williams, 30, could stick around for the next three seasons providing he is performing at a high level. The move reduces Williams’ cap figure from $8.2 million to $5 million for this season. That creates some more space for the team while Williams actually receives the same $5 million he was originally scheduled to earn this year.
The pay cut comes in the future. Williams is now scheduled to earn $5 million total in 2014 and 2015, a savings of $8 million for the club. We’ll see what happens this year first.
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Brad Biggs covers the Bears for the Chicago Tribune