Field Yates reports that the Eagles created $7.5 million in cap space for 2018 by restructuring OT Lane Johnson‘s contract.
According to Yates, Johnson’s new cap figure is now $4.98 million and down from $12.48 million. As part of this adjustment, Johnson receives a $4.192 million signing bonus.
The Eagles needed to create some cap room before the start of the 2018 league, as they had been in the red for the past few months, and this was one of the more obvious moves to make.
Johnson, 27, is a former first-round pick of the Eagles back in 2013. He had one year remaining on his four-year, $19.853 million rookie contract when the Eagles elected to sign him to a five-year extension worth $56.26 million that can max out at $60.01 million based on Pro Bowl escalators back in 2016.
Johnson stands to make base salaries of $10 million and $10.6 million over the next two years of the agreement.
In 2017, Johnson appeared in 15 game for the Eagles and is rated by Pro Football Focus as the No. 6 offensive tackle out of 81 qualifying players.
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