Browns Restructure Another Contract to Increase Salary Cap Space

According to reports, the Cleveland Browns have restructured another contract of a player to create additional cap space. This time it is offensive tackle Jedrick Wills who will convert some of his base salary to a signing bonus.

The move will free-up an additional $1.828M for the team. This will now give them close to $40M in cap space for the 2023 season, leading the NFL.

The Browns have restructured the contract of LT Jedrick Wills, converting $2.286M of base salary into a signing bonus (with 3 void years added), creating $1.8288M in 2023 cap space, per source.

The Browns lead the NFL with (approximately) $4B in cap space for this season.
— Field Yates (@FieldYates) August 31, 2023

The Browns continue to utilize this restructure strategy to hopefully gain them a competitive advantage. They are spending a lot of money paid out to players in the form of bonuses and thus reducing the amount of base salary owed for this year of the contract.

The roster seems set and they probably don't have any plans of making a big move for a player. It does create flexibility moving forward for the team in the event of an injury or an opportunity to add a player that can't be passed up.

They are much more likely to allow the cap space to sit on the books which would then allow a portion of it to be rolled into next season when the Browns are projected to be over the cap by an approximate $30M.

For Wills, this means very little other than the timing of when he receives the money in his contract and he will be here through the end of next season after the team picked up his fifth-year option.

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