Redskins Restructure DE Stephen Bowen’s Contract, Save $2.3M In Cap Space

 

Update:

According to Tom Pelissero of USA Today, the Redskins will save $2.3 million in cap space now that they have restructured the contract of DE Stephen Bowen.

• Washington reduced Bowen’s base salary by $2.8 million, but gave him the ability to recoup $2.05 million of this back in roster bonuses and incentives based on playing time.
• Bowen is still under contract through the 2015 season and will carry a cap figure of $8.02 million next year.

Bowen, 30, was entering the fourth year of his  five-year, $27.5 million contract that included $12.5 million guaranteed. He was set to make a base salary of $4.4 million for the upcoming season and had another $5.4 million base salary coming his way next year.

Last season, appeared in 10 games and played a total of 422 snaps while recording 19 tackles and a pass defense. Pro Football Focus has him rated as the No. 39 defensive end in a 3-4 system out of 45 qualifying players.

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John Keim of ESPN.com reports that the Redskins have restructured the contract of DE Stephen Bowen.

According to the NFLPA’s salary cap numbers, the Redskins currently have $1,839,143 in available cap space, so this move should increase that figure.