Bucs positioned for more free-agency splash after contract restructures
Are the Bucs gearing up for another free-agency splash?
Time will tell, but they have certainly positioned themselves to do so by restructuring two of their biggest contracts.
While it won’t affect the amount of money receiver Vincent Jackson and guard Carl Nicks are paid, both players have restructured their contracts, converting their sizable 2013 salaries into bonuses that will be counted toward 2012. That allows the Bucs to prorate the combined $25 million or so due to the players in 2013 over a period of several years.
The net result: The Bucs have more salary-cap space to work with next season. They reportedly have $98 million in cap dollars currently committed to deals in 2013, according to ESPN. The salary cap is projected to be in the neighborhood of $121 million.
And that $98 million could be further reduced by any offseason personnel moves that reduce salaries.
Look for the Bucs to continue a practice of rolling over unused cap space from this season, which right now is more than $8 million.