According to Yates, the two sides agreed to reduce the $27.3 million he was due through 2018 down to $23.25 million. On top of that, Levitre’s reworked deal does not include any guaranteed money past 2015.
Levitre’s base salary for 2015 has been reduced from $6.5 million down to $1.5 million, according to Yates. However, this is offset with a $5.5 million signing bonus. Levitre’s cap figure dropped from $6.5 million to $2.875 million this season.
Levitre, 29, signed a massive six-year, $46.8 million contract that included a $10.5 million signing bonus with the Titans back in 2013. He still has another four years remaining on the contract and stands to make a base salary of $6.5 million for the upcoming season.
In 2014, Levitre appeared in all 16 games for the Titans and was rated by Pro Football Focus as the No. 45 guard in the league out of 78 qualifying players.