- Fitzgerald mentions that Pettis’ 2014 base salary has dropped from $1.431 million to $700,000.
- Fitzgerald adds that Pettis received a $250,000 signing bonus as part of his contract.
Given that the Rams included a signing bonus in restructure, it’s safe to assume that they expect him to be a part of their roster for the remainder of the season.
Based on the most recent cap report from the NFL Players Association, the Rams have $4,073,033 in available cap space to work with. It seems likely that this move will boost that figure.
Pettis, 26, is entering the final year of his rookie contract worth $2,729,416. He’s a former third-round selection of the Rams.
Last year, he appeared in all 16 games and caught 38 passes for 399 yards receiving and four touchdowns. Pro Football Focus had him rated as the No. 75 receiver out of 111 qualifying players last season.
We’ll have more details regarding the particulars of this restructured deal as the news is available.