Cardinals restructure Devon Kennard’s contract to free up cap space
The Arizona Cardinals have been getting close to the salary cap this season, as they have to add players to the roster when others land on injured reserve and they elevate players from the practice squad. To create some extra space, they have restructured linebacker Devon Kennard’s contract, according to ESPN’s Field Yates.
Kennard’s salary for 2021 is $6.25 million. Yates reports the Cardinals converted nearly $2.6 million into a bonus, which spreads out over three contract years — this year, next year and the voiding 2023 season. It saves the Cardinals more than $1.7 million in cap space.
According to the NFLPA website on Tuesday, the Cardinals had just under $1.2 million in cap space remaining. This move gives them some breathing room during the second half of the season. Of course, it comes with a cost, as Kennard’s cap hit in 2022 and 2023 now increase by more than $860,000.
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