Veteran WR Allen Robinson will have his contract reworked as part of the trade to the Steelers, according to Ian Rapoport.
The Rams will pay him $10 million total with the Steelers paying him a $3.835 million signing bonus and a base salary of $1.165 million in 2023.
Robinson’s 2024 base salary is down from $15 million to $10 million.
Robinson, 29, is a former second-round pick by the Jaguars back in 2014. He played out the final year of a four-year, $3.510 million rookie contract before agreeing to a three-year, $42 million contract with roughly $25 million guaranteed with the Bears back in 2018.
Robinson played out the final year of his contract and made a base salary of $10.9 million for the 2020 season. Chicago franchise-tagged him for the 2021 season at $17.9 million and he later departed in free agency for a three-year, $46.5 million contract that includes $30.7 million fully guaranteed with the Rams.
In 2022, Robinson appeared in 10 games for the Rams and caught 33 passes for 339 yards receiving and three touchdowns.
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The trade wasn’t officially processed until Friday. It’s not as easy as saying $5M salary = $5 cap figure because teams structure contracts so that the cap distribution is different year over year. Beyond that, they rework contracts to save money in the interim, but this raises future cap figures. All paid dollars eventually hit the cap.
The Dalton Schultz deal includes three voidable years that allows the team to divide the total by the number of years. The Texans have him a $1.5M + a $1,125,000 signing bonus + $250,000 in per game roster bonuses. This is his cap figure.
The remainder of his salary is divided over the three dead years, which means the Texans will carry the remaining $3.375M as dead money next year.
This is all just accounting in the end.
Someone needs to explain to me how paying a guy $5M leads to a less than $5M cap charge as, according to Overthecap, the Steelers have the exact same cap space the day before and the day after this deal. Same with Dalton Schultz who signed a $6M one-year deal and has a $2.4M cap hit.