Josh Wilson (No. 26) took a $2 million pay cut (USA Today Sports Images)
Washington Redskins cornerback Josh Wilson has taken a $2 million pay cut, a source with knowledge of the situation has confirmed to "Shutdown Corner".
Zac Boyer of the Free Lance-Star originally reported Wilson's pay cut.
Wilson was originally scheduled to earn $4 million in cash compensation in 2013, the final season in a three-year, $13.5 million contract that signed just after the lifting of the 2011 lockout. Wilson's $4 million compensation was comprised of $3.9 million in non-guaranteed base salary and a $100,000 workout bonus.
Under the terms of the restructured contract, Wilson's base salary was reduced to a non-guaranteed sum of $2 million and his $100,000 workout bonus has been eliminated. Wilson can earn $500,000 in "not likely to be earned" incentives tied to his playing-time as well as team and individual performance.
The pay cut saves $2 million in much-needed cap space for the Redskins, who had less than $30,000 in available cap space earlier this week.
Wilson has started 32 games during his two seasons with the Redskins, totaling 136 tackles, one sack and four interceptions with 28 passes defensed. According to official playing-time documents, Wilson played 92.01 percent of the team's defensive snaps in 2011 and had a 95.72 percent playing-time percentage in 2012. Wilson added five tackles and a sack (pictured above) in the Redskins' 24-14 loss to the Seattle Seahawks, Wilson's original team, in the wild-card round of the 2012 NFL playoffs.
During his six-year career with the Seahawks (2007-09), Baltimore Ravens (2010) and Redskins, Wilson has started 65 of 86 games and has 306 tackles, three sacks and 13 interceptions, four of which he's returned for touchdowns. Wilson has scored two other touchdowns, one on an 89-yard kick return for a touchdown as a rookie and another on a fumble recovery during the 2012 season.
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