Fletcher Cox Restructures Deal
The Eagles have a game on Thursday night, but in Philadelphia the roster building never stops.
ESPN's Field Yates reported Wednesday afternoon that the Eagles had restructured Fletcher Cox's deal in order to create some cap space.
As Yates reports, the move will take $7.165 million to signing bonus that will be spread out over the remaining four years on his deal.
It does create $5.7 million in space in 2020, but will ultimately create around $3.5 million is space for the 2021 season.
The move was likely complete with 2021 in mind as the team was not short on cap space for this season as they look to carry over for their cap-restricted season in 2021, when they project to be, by some estimates, $60 million over the cap due to their kick-the-can method finally coming to a head coinciding with a pandemic that will likely lower the cap for the first time in decades.
The move likely helps keep Cox with the Eagles as cutting him post June 1 in 2021 was the Eagles biggest method of cap savings ($16 million), but this deal would lower those saving by about $4 million.
Other top cost savings for the Eagles would include the trade/release of Derek Barnett ($10 million), post June 1st cuts or trades of Brandon Graham and Alshon Jeffery ($13 million each) and a post June 1 release or trade of Malik Jackson ($10 million). Note that each team can only designate two players as post June 1 cuts ahead of that deadline.
Cox has been a mainstay on the Eagles defensive line since he was drafted with the 12th overall pick in 2012.
This season, Cox has registered 1.5 sacks, 12 tackles and a pass deflection in addition to his numerous pressures (14% pass-rush win rate). He will be looking to build on those numbers Thursday night against the Giants.
Paul Bowman is an Eagles contributor for 97.3 ESPN and Eagles editor for SportsTalkPhilly.com. Follow him on Twitter @PhillyBallPaul.