Eagles restructure Darius Slay’s contract, creating cap space

Posted on March 20, 2022

General manager Howie Roseman is at it again. NFL Insider Field Yates reported that Roseman and the Eagles restructured the contract for cornerback Darius Slay. The new contract converted $14.88 million of his original $16 million base salary, creating $11.9 million in cap space.

Slay’s base salary for 2022 is now $1.12 million, the minimum for players with seven or more years in the league.

His cap hit is now $10.131 million, down from $22.035 million. It consists of his base salary, $3.25 million of his signing bonus pro-rated over four years, a $500,000 work bonus, and a $5.261 million restructure bonus.

Slay, who was the Eagles’ highest-paid player, now falls to No. 4 after the restructure.

The Eagles acquired Slay in a trade from the Detroit Lions in 2020 in exchange for a third and fifth-round selection in the NFL Draft. This past season, he was one of Philadelphia’s top players. In Week 10, he recovered a fumble for an 82-yard touchdown. The following week, he had an interception returned for a touchdown. His 116 fumble return yards was the sixth-most in a single season in NFL history. His three total defensive touchdowns were also the second-most in franchise history.

At the conclusion of the season, Slay was selected to his fourth-career Pro Bowl; his first as a Philadelphia Eagle.

The 31-year-old is signed through 2023. If the Eagles release him after the 2022 season, they will take on $21.265 million in dead money. Hopefully, Slay continues to be on the upswing.

After Slay’s restructure, the Eagles now have approximately $27.1 million available in cap space.

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Alicia Andaloro

Alicia was born and raised in Philadelphia, becoming an avid Eagles fan as a child. She graduated from Penn State University and now works in the medical field. In her spare time, she enjoys traveling and baking.

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