Wide receiver Larry Fitzgerald restructured his contract according to the Arizona Republic. Fitzgerald was expected to restructure his contract and it ended up saving the Cardinals big money for the 2014 salary cap.
Fitzgerald will not be paid no less than his original contract he initially signed. A chunk of his 2014 base salary will become a signing bonus spread over the next five years of his contract. The Cardinals moved $11.795 million of Fitzgerald’s base salary to a signing bonus. Making Fitzgerald’s 2014 base salary now just a veteran minimum of $955,000.
The move drove the All-Pro wide receiver’s cap number to a $2.359 million increase from the years of 2015-2018.
This restructure saved the Cardinals roughly $9 million towards the 2014 salary cap but next season, Fitzgerald will have a cap number of $23.6 million — a price the Cardinals will have a real hard time paying. A restructure next season would not be the answer.