Field Yates has the details of the restructures. The Eagles converted the max of $8.49 million and $9.061 million from Johnson and Barnett’s base salaries into a signing bonus, adding four void years onto the end of Barnett’s deal since he was in a contract year on his fifth-year option.
The result is an additional $14.041 million in cap space for 2021.
McManus notes the Eagles aren’t necessarily freeing up space to add a specific player this year but this move is a part of their overall cap management strategy for the next couple of years.
Johnson, 31, 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 back in 2016.
The Eagles opted to sign Johnson to a four-year, $72 million extension that included $54.595 million guaranteed in 2019. He has base salaries of $9.565 million and $7 million over the next two seasons.
In 2020, Johnson appeared in seven games for the Eagles, starting all of them at right tackle.
Barnett, 25, is a former first-round pick of the Eagles back in 2017. He was in the final year of his four-year, $12.85 million contract that includes $12.85 million guaranteed when the Eagles picked up his fifth-year option last year.
Barnett will be an unrestricted free agent in 2022.
In 2020, Barnett appeared in 13 games for the Eagles and recorded 25 tackles and 5.5 sacks.