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Lions restructure Jared Goff's contract to open up $15M in cap space this year

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Posted at 12:51 PM, Mar 24, 2021
and last updated 2021-03-24 12:51:21-04

(WXYZ) — New Detroit Lions quarterback Jared Goff is already helping out the team, restructuring his contract to open up salary cap space.

According to Field Yates, the team converted $20 million of Goff's salary into a signing bonus.

That restructure will create $15 million in salary cap space for this year, but does add $5 million in cap charges to Goff's contract over the next three years.

Now, the Lions have more room to operate for the rest of this offseason.