General manager Nick Caserio is great at creating salary cap space.
According to Aaron Wilson of the Houston Chronicle, the Houston Texans have restructured the contract of two-time Pro Bowler Laremy Tunsil and saved $10.106 million in salary cap space.
Tunsil originally signed a three-year, $66 million contract in April of 2020. The former Miami Dolphins 2016 first-round pick negotiated his own extension with then-general manager Bill O’Brien and executive vice present of football operations Jack Easterby.
“I think I for sure started a trend by not having an agent and doing my deal on my own,” Tunsil told reporters on April 27, 2020. “The players that I talked to, for instance like Bobby Wagner, he actually told me that it was pretty easy doing a deal by yourself and the toughest part about doing a deal on your own was just the terminology — not knowing the terminology and just learning the terminology and being able to voice it to the coaches.”
The contract came with $50 million guaranteed with a $13 million signing bonus with a $22 million per year average.
Tunsil’s original base salary of $16.15 million was converted into a $15.16 million signing bonus. For 2021, the 6-5, 313-pound left tackle has a base salary of $900,000 fully guaranteed and counts $9.29 million against the Texans’ salary cap.
