Source: Eagles S Rodney McLeod’s reworked deal with the Eagles drops his 2019 base salary from $7.5M to $1.5M. Rodney McLeod signed a 2 year, $8.65 million contract with the Eagles.
He’s proven that he’s always able to make it work. $7.8 million is guaranteed including a $3 million signing bonus. Per Over The Cap reworked his deal with the Philadelphia Eagles last week and the final numbers are
A restructure is where there’s no difference in the amount of money the player receives; the only change is when they receive it.Eagles and Rodney McLeod agreed to a restructured contract that pays him $3M base for 2019 with a $1M more if he plays all 16 games, source said. In short, a pay cut is where the player simply receives less money. This comes after two solid seasons in Philadelphia which McLeod played 2,062 snaps, compiling 130 tackles and six interceptions in 30 games, with 13 passes defensed. He finished with 10 tackles and four passes defensed in five targets. — Field Yates (@FieldYates) February 1, 2019 McLeod took a cut of $6 million off his base salary. The last year was cut off & he’s free after 2019.You just never really have to worry about cap space when Howie Roseman is involved. Note that a pay cut and a restructure are not the same thing. McLeod’s 2019 base salary will drop from $7.5MM to $1.5MM under the revised terms, according to Field Yates of ESPN.com (on Twitter).In total, the move creates $7.469MM in new cap room for Philly. The final three years of the contract are void years used for salary cap purposes.
It doesn’t seem likely that McLeod took a huge pay cut. Source: Rodney McLeod ’s reworked deal with the Eagles drops his 2019 base salary from $7.5M to $1.5M.
In total, the move creates $7.469M in cap …
Rodney McLeod contract and salary cap details, full contract breakdowns, salaries, signing bonus, roster bonus, dead money, and valuations. McLeod's base salaries in 2020 and 2021 are also guaranteed.
Everyone keeps using the term: “reworked.”There’s a downside to restructuring contracts. The details are in on Rodney McLeod’s reworked deal with the Eagles. The short-term cap relief is usually made possible by kicking the can down the road and increasing the player’s cap hit in future seasons. But it also seems like his new deal is more than just a simple restructure, especially considering no one has used that exact word to describe his deal. Rodney McLeod reworked his deal with the Philadelphia Eagles last week and the final numbers are in. McLeod, coming off knee surgery, was to make $7.5M this year on a deal through 2020. If you missed the news Thursday night, the Eagles restructured Rodney McLeod’s contract to keep him in Philadelphia in 2019. CBS Sports is a registered trademark of CBS Broadcasting Inc.McLeod played in just three games for the Eagles before going on injured reserve with a torn MCL.
McLeod was one of the best coverage safeties in football in 2016 as opposing quarterbacks had a 55.0 passer rating when targeting him.© 2005-2020 CBS INTERACTIVE ALL RIGHTS RESERVED.
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