CINCINNATI — The Cincinnati Bengals have reportedly restructured quarterback Joe Burrow’s record five-year, $275 million contract.
[DOWNLOAD: Free WHIO-TV News app for alerts as news breaks]
ESPN’s Adam Schefter and NFL Network’s Ian Rapoport have reported that with the restructuring, the Bengals will free up $10 million in salary cap room.
TRENDING STORIES:
- Longtime Browns offensive lineman Joel Bitonio announces retirement
- Man learns punishment for crash that killed local 18-year-old
- Meta selects Ohio city as host of workforce academy
“This is due in part to the cash needed for the Dexter Lawrence trade,” both NFL insiders said on social media.
As our news partners WCPO reported, Lawrence signed a contract extension after being traded to Cincinnati from the New York Giants, keeping him with the team through the 2028 season. As part of the deal, the three-time Pro Bowler is getting $28 million.
Details of Burrow’s new restructured contract have not been revealed at this time.
Insiders added that it allows the organization to operate without putting itself in a tough spot in terms of cap space.
[SIGN UP: WHIO-TV Daily Headlines Newsletter]
