Report: Eagles free up $8M in cap space with Lane Johnson’s contract restructure

The initial numbers on some of the Eagles contract re-workings are starting to trickle in and it appears that Lane Johnson is not only a great right tackle but an unselfish teammate as well. By restructuring Johnson’s contract, the Philadelphia Eagles freed up almost $10 million in salary cap space, according to Field Yates of ESPN.com.

Source: Lane Johnson restructured his contract by converting $10.045M of his base salary into a signing bonus. He’s now due a base salary of $805K for 2019. This creates close to $6.7M in cap space for the Eagles.

— Field Yates (@FieldYates) March 6, 2019

Update: this move actually creates $8.2M in cap space for 2019, while Jason Kelce’s extension creates $4M in cap space in 2019. Philly creating flexibility in advance of free agency.

— Field Yates (@FieldYates) March 6, 2019

The Eagles converted much of Johnson’s 2019 base salary to signing bonus, with Johnson’s salary for 2019 now set to be $805,000. Jason Kelce’s new deal also relieved some pressure, as he helped create $4 million in cap space, giving the Eagles an additional $12 million to work with in free agency right now.