Get all your news in one place.
100’s of premium titles.
One app.
Start reading
USA Today Sports Media Group
USA Today Sports Media Group
Sport
Zach Kruse

Packers restructure Chandon Sullivan’s contract, create almost $1M in cap space

The Green Bay Packers created almost $1 million in salary cap space for the 2021 regular season by restructuring the contract of cornerback Chandon Sullivan.

According to Field Yates of ESPN, the Packers converted a little over $1.2 million of Sullivan’s base salary into a signing bonus and added four void years to his one-year deal, creating roughly $970,000 in cap space.

Sullivan, now in his third season with the Packers, is expected to play a lot of snaps in the slot in 2021.

This salary cap trick – converting salary into bonus and adding void years – has been used by the Packers and many other NFL teams to create cap space over the last few months.

The Packers will pay the proration of Sullivan’s signing bonus on the 2022 cap when the contract expires following the 2021 season.

Sullivan signed a one-year restricted tender to return to Green Bay. The deal was worth $2,133,000 in base salary and had a cap hit of $2,133,000. His new cap hit in 2021 will be around $1.16 million.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.