“I can’t accept $28,002,750.” T.J. Watt is expected to leave the Steelers before his contract expires
“I can’t accept $28,002,750.” T.J. Watt is expected to leave the Steelers before his contract expires
Steelers’ Salary Cap Gets a Major Increase
This offseason, the Pittsburgh Steelers will have more money to work with.
Pittsburgh The NFL has set the floor at a record-breaking $255.4 million, which will significantly increase the salary cap for the Pittsburgh Steelers and the rest of the league this offseason.
The league will not have an additional $13 million to deal with this offseason, contrary to initial expectations that it would get a figure close to $242.5 million. Rather than being over $4 million as they had anticipated, the Steelers are currently almost $7.5 million under the limit.
The move increases the salary cap by $30 million over the course of a year and also includes $74 million per team in club payments for player benefits. That includes performance-based pay and retirement benefits.
The Steelers have a number of options to add to their salary cap space, including restructures for T.J. Watt, Cam Heyward, Minkah Fitzpatrick and Alex Highsmith. They could also begin releasing players for more space.