Falcons restructure Deion Jones’ deal, create $2.7M in cap space
The Atlanta Falcons have created a little financial breathing room as the team nears its Week 1 matchup against the Philadelphia Eagles.
On Thursday, the Falcons converted over $4.1 million of linebacker Deion Jones‘ 2021 base salary into a roster bonus, freeing up $2.78 million in cap space, according to ESPN’s Field Yates.
Per @FieldYates, the Falcons converted $4,172,353 of Deion Jones’ 2021 compensation into a bonus, creating $2.782 million in cap space.
Gives Terry Fontenot a little bit more room to work if he needs it.
— Michael Rothstein (@mikerothstein) September 9, 2021
So where does that leave Atlanta? According to Over The Cap’s projections, the Falcons had just over $330,000 in space available prior to restructuring Jones’ deal.
With the new money freed up, the Falcons should have just over $3 million in cap space if the team wishes to sign a veteran free agent before the season starts.