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Report: Detroit Lions restructure Jared Goff’s contract, create $15M in cap space for 2021

As many expected, the Detroit Lions have reportedly restructured the contract of quarterback Jared Goff, according to ESPN’s Field Yates. Per Yates, the Lions have converted $20 million of Goff’s $25.325 million base salary for the 2021 season into a signing bonus. This gives Goff that $20 million in pocked immediately, while spreading that $20 million of cap hit across the next four seasons.

So instead of a $25.235 million cap hit, Goff’s will only have a base salary of $5.65 million with only $5 million of that signing bonus counting against the cap.