The Pittsburgh Steelers have reworked Alex Highsmith’s contract, creating $7 million in cap space for 2024. Experts speculate that this move could pave the way for potential roster additions, including a trade for Brandon Aiyuk or Courtland Sutton. The Steelers aim to bolster their wide receiver corps following Diontae Johnson’s departure to the Panthers.
Results for: Salary Cap
The Pittsburgh Steelers have made a strategic move by restructuring outside linebacker Alex Highsmith’s contract, significantly increasing their 2024 salary cap flexibility. The adjustment will save the team over $7 million in cap space, providing ample room for potential roster additions or contract extensions.
The Vegas Golden Knights, the underdogs in the Western Conference playoffs, upset the top-seeded Dallas Stars with a 4-3 Game 1 victory on Monday. Led by their top players, including Mark Stone, Tomas Hertl, Jonathan Marchessault, Jack Eichel, and Noah Hanifin, the Golden Knights showcased their strength. Stone’s timely return from injury coincided with the playoffs, raising questions about salary cap management tactics. Despite concerns about cap manipulation, the Golden Knights’ recent acquisitions, such as Hertl and Hanifin, have proven their worth, contributing to the team’s success.
The Pittsburgh Steelers have increased their salary cap space ahead of the upcoming NFL Draft by converting a portion of edge rusher Alex Highsmith’s base salary into a signing bonus. This move creates more than $7 million in cap room, allowing the team greater flexibility during the offseason.
A new policy, informally referred to as the ‘Brayshaw Ruling,’ is being finalized by the AFL to provide clubs with greater salary cap relief in the early years following the medical retirement of a player due to concussion. This policy aims to address concerns raised by the early retirements of Angus Brayshaw of Melbourne and Nathan Murphy of Collingwood due to concussions. The exact percentages of salary cap exclusion for each year of a retired player’s contract are yet to be determined, but it is expected to provide significant relief, especially for long-term contracts that extend beyond five years. The policy is designed to balance the risks associated with long-term contracts, considering the increased prevalence of concussion-related retirements among players.
The Dallas Cowboys and Dak Prescott have not made significant progress in contract talks this offseason. While both sides express a desire to continue their partnership, Prescott remains scheduled to become a free agent in 2025, with a no-tag clause in his contract. Cowboys owner Jerry Jones emphasized the team’s belief in Prescott’s continued growth but acknowledged the financial challenges of maintaining a top-tier supporting cast. Prescott’s current salary cap hit stands at $55.4 million, and the Cowboys are reportedly taking a wait-and-see approach before committing to a long-term extension.