Brodrick Bunkley’s restructured deal saw him take a significant cut in his base salary.
The New Orleans Saints defensive tackle lowered his base salary by more than $3 million dollars, dropping it from $4.4 million to $1.25, via a league source.
The deal also contains a $250,000 roster bonus due on the third day of the league year and $1.1 million in “not likely to be earned” incentives tied to playing time and making the Pro Bowl in 2015. He will also receive a $50,000 workout bonus and can earn salary escalators up to $450,000.
The move drops Bunkley’s cap number from $6,112,500 to $3,162,500, saving $2.95 million.
In 2016, Bunkley has a $4.4 million base salary, a $100,000 workout bonus, and salary escalators up to $800,000. His cap number remains at $6,112,500.
The move was made last week as the Saints made a series of moves to get under the salary cap of $148.3 million by Tuesday afternoon, the start of the league year.
The team also restructured the deal of wide receiver Marques Colston, though it is not known how much he reduced his $9.7 million cap figure.