Wolverine
04-23-2009, 05:43 PM
The Pittsburgh Steelers have gained some much-needed salary-cap space entering the draft this weekend by completing a simple restructuring of cornerback Ike Taylor's contract.
The Steelers' best cornerback, Taylor reduced his scheduled base salary of $3.5 million for 2009 to a level at or near the league minimum for his tenure, which is $620,000. The balance was converted into a guaranteed signing bonus.
Pittsburgh Steelers help cap by refiguring Ike Taylor's contract - ESPN (http://sports.espn.go.com/nfl/news/story?id=4091464)
The Steelers' best cornerback, Taylor reduced his scheduled base salary of $3.5 million for 2009 to a level at or near the league minimum for his tenure, which is $620,000. The balance was converted into a guaranteed signing bonus.
Pittsburgh Steelers help cap by refiguring Ike Taylor's contract - ESPN (http://sports.espn.go.com/nfl/news/story?id=4091464)