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Taylor Restructures Deal to Give Steelers Some Cap Help

Taylor

The Steelers got a little cap help on Saturday, as the Tribune-Review confirmed that cornerback Ike Taylor has restructured his contract.  Taylor will reduce his base salary of $4.1 mil this season by $3 mil.  He will get a signing bonus of $3 mil in return spread out over the next three seasons.  Taylor had signed a five-year, $23.75 million dollar deal back in 2006 with the team.  The Steelers free up about $2 mil in salary cap with the reducing of Taylor’s deal.

Matt Loede has been in the sports media for over 16 years, with experience covering the MLB, NBA, and NFL. On Sunday’s during football season, you can hear Matt on national networks like Fox Sports Radio, Associated Press, and others. Born and raised in Cleveland Ohio, Matt studies and talks football inside and out, and is anxious to share his thoughts and comments with readers on a daily basis.

2 Comments

2 Comments

  1. Marc

    July 26, 2008 at 6:27 pm

    Team player!!

  2. Scott

    August 3, 2008 at 3:48 pm

    That’s cool. Good to see a player doing that these days.

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