“Big Ben” makes a small pay cut.
On Thursday, the Steelers announced they had signed quarterback Ben Roethlisberger for a new 2021 contract, effectively restructuring the remaining money on Roethlisberger's contract and dancing to each other in contract discussions for a month. K ending the long-time odyssey.
We have contracted QB Ben Rothlisberger for a new 2021 contract.
– Pittsburgh Steelers (@steelers) March 4, 2021
“It is my greatest honor to be a Pittsburgh Steeler and to give my best for this organization,” Rothlisberger said in a statement. “I am thankful to have come to this stage of my career and am more than happy to adjust my contract in a way that helps the team address other players who are very important to our success. I like the sport and like to compete, and I have confidence in this team and my ability when called upon. It all starts with a lot of preparation and I'm ready to go.
Earlier in the offseason, the Steelers Brass indicated that they would prefer to have Rothlisberger around them, compared to just $ 40 million worth of hit hits that he was scheduled to take in the 2021 season.
With Pittsburgh against the Caps and several key free agents – including wide receiver Juju Smith-Shuster and linebacker Bud Dupree – the team needed some wiggle room, which the restructuring quarterback contract has given them.
“We know that Ben can still play at a high level and do special things for this team,” Steelers GM Kevin Colbert said. Our goal is the same – putting together a roster that will compete for another championship. We are glad that Ben will be one of our leaders to help us meet that goal. “
Here's how Rothlisberger's new deal came to be:
MORE: Steelers best option to replace Roethlisberger in future
Ben Roethlisberger Contract Details
ESPN's Adam Scheher reported that Rothlisberger agreed to cut $ 20 million in the final year of his contract (2021), and spread his cash salary over the 2022 season.
Roethlisber's 2021 cap move was reduced by $ 15 million, down from a $ 41.2 million hit he was scheduled to score in 2021. Roethlisberger was originally set to become a free agent after the 2021 season. Rothleisberger had the original cap number more than any player in the league entering in 2021.
Ben Roethlisberger voluntarily reduced his salary from $ 19M to $ 14M in this final year of his contract and circulated cash payments through 2022 per source. This reduced the hit to over $ 15M, so all teams can make the right move as much as possible this season.
After Adam Adam (@AdamSchefter) March 4, 2021
NFL Network's Tom Pelissero reported that some of Rothlisberger's money was turned into a signing bonus, with the latter out after the first season.
# Slaters QB Ben Rothlisberger's new 2021 contract uses a signed bonus, minimum base salary and zero years to free up approximately $ 15 million per cap space per year. Big Ben crackers $ 5M from $ 19M to $ 14M, helping the team breathe much needed.
– Tom Pelicero (@TomPelissero) March 4, 2021
According to Spotrac, the cap the Steelers face is still expected to exceed $ 22 million, but the Steelers are still doing well in opening up the cap space.
The 2021 cap on Ben Roethlisberger's new contract starts at $ 22.25M. This is the (inflexible) dead cap that will have to rollover from the previous deal.
– Spotrack (@spotrac) March 4, 2021