Eagles Create Cap Space by Reworking Lane Johnson’s Deal
PHILADELPHIA (973espn.com) - With the new league year set to begin Wednesday, the Eagles made a significant move toward getting their financial house in order by reworking Lane Johnson's contract.
According to ESPN's Field Yates, Philadelphia gained $7.5 million in space with some creative accounting and lowered Johnson's cap charge in 2018 from $12.48M to just $4.98M.
For his flexibility, Johnson, perhaps the best right tackle in football, got a signing bonus of $4.193M, a number that can be spread out over the remaining years of his contract.
Johnson's base salary takes a massive drop from $10.52M in 2018 to just $790,000 but he we be receiving the same stipend, it's essentially just fully guaranteed now.
Johnson had his best season as a professional in the Eagles' run to their first Super Bowl title, being named an All-Pro for the first time in his career.
-John McMullen covers the Eagles and the NFL for 973espn.com. You can reach him at jmcmullen44@gmail.com or on Twitter @JFMcMullen