Stephen Bowen Agrees to Restructure Deal, Saves Redskins $1.9 Million
Reports circled last week that defensive end Stephen Bowen had restructured his contract with the Washington Redskins although no information was known about the deal at that point.
the #Redskins have renegotiated the deal for DE Stephen Bowen, according to a source.
— John Keim (@john_keim) August 15, 2014
A quick look at the current cap situation as of today at the NFLPA website shows the Redskins have $4,170,393 in cap space.
Bowen was set to count $4 million against the cap this season, but now will count roughly $2.1 million according to a league source.
The Redskins will save roughly $1.9 million in salary cap room by restructuring the deal.
Bowen agreed to lower his base salary from $4 million to $1.6 million. Playing time incentives could help Bowen earn some of that money back, $1.45 million to be exact and per-game roster bonuses totaling $750,000. Which basically means if he plays he will earn more.
Bowen continues to rehab his knee following off-season surgery. It’s unknown when he will ready, but Jay Gruden has hinted at a week one return, it all depends on how far along he his in a few weeks.
