The Cleveland Browns have successfully restructured quarterback Deshaun Watson’s contract to ensure compliance with NFL salary cap regulations, as reported by multiple sources. This restructuring is crucial for the team as they navigate the complexities of the salary cap system. According to sources, Watson’s deal was altered to allow the Browns more flexibility in managing their roster and finances heading into the upcoming season. The Browns’ action is seen as a strategic move to bolster their competitive edge while maintaining compliance with league regulations. Watson, who signed a five-year, fully guaranteed contract worth $230 million in March 2022, saw a significant portion of his recent payment converted to signing bonus. This move effectively lowered his 2023 base salary, which was originally set at $46 million, making it far more manageable for the team’s financial planning. The restructuring occurred following the league’s implementation of stricter cap management rules, necessitating teams to make swift adjustments to maintain salary cap health. “We’re always looking for ways to improve our financial situation regarding the cap and how we can enhance our roster,” said an anonymous team official. The Browns’ decision aligns with strategies employed by other NFL teams striving to navigate the financial landscape while remaining competitive on the field.
Cleveland Browns Restructure Deshaun Watson’s Contract to Achieve Salary Cap Compliance
