According to Field Yates, the Falcons have restructured the contract of LT Jake Matthews, moving $7 million of his roster bonus for 2023 onto this year’s books.
The team will create $4.2 million in cap space with this move and is set to have around $70 million in cap space for 2023.
Matthews, 30, was taken with the No. 6 overall pick by the Falcons back in 2014. He was entering the final year of his four-year, $16.5 million rookie contract and set to make a base salary of $690,000 for the 2017 season when the Falcons picked up his fifth-year option.
Matthews signed a five-year, $75 million extension with the Falcons in 2018 before signing a three-year contract extension worth $52.5 million in March of 2022.
In 2022, Matthews appeared in and started 17 games for the Falcons at left tackle.
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