The Tennessee Titans restructured the contract of outside linebacker Harold Landry right before the NFL’s top-51 cap space rule ended on Wednesday.
From the start of the new league year in March until the eve of the start of the new season, only the 51 most expensive contracts count against a team’s salary cap.
Buy Titans TicketsThe rule is specifically designed to accommodate a 90-man offseason roster, as teams would have a difficult time holding on to that many players during training camp and the preseason under the constraints of the salary cap.
After the Titans whittled their roster down to 53 players, they had about $2 million in cap space to work with.
However, they were able to give themselves more breathing room with the restructure of Landry, which freed up an additional $8.25 million in cap space, according to ESPN’s Field Yates.
Tennessee managed to do so by converting $11 million of Landry’s 2023 base salary into a signing bonus, giving the Titans $10.48 million in cap space, the 10th-most in the NFL, per Spotrac.
Landry’s new 2023 cap hit comes in at $10.5 million, but then goes up to $23.8 million in 2024 and $24 million in 2025 and 2026.
The #Titans converted $11M of Harold Landry's 2023 base salary into signing bonus, clearing $8.25M of cap this season.
New Cap Hits
2023: $10.5M
2024: $23.8M
2025: $24M
2026: $24Mhttps://t.co/W9fBm4Tkd4— Spotrac (@spotrac) September 7, 2023
It’s unlikely the Titans make any type of notable addition anytime soon, but they at least now have the flexibility to do so should the opportunity present itself during the season.
