The Cleveland Browns restructured Deshaun Watson's contract, converting $44.7 million of his salary into bonus money to free up $36 million in cap space ahead of next week's free agency period.
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According to Cleveland.com, with Watson originally having a cap hit of over $80 million, the Browns are converting up to $44.745 million of his $46 million base salary into a restructure bonus.
The move will free up $36 million in cap space as the official league year begins next week. The move makes Watson's base salary the veteran minimum of $1.255 million.
The Browns are also expected to make a similar move with cornerback Denzel Ward, whose base salary is just shy of $17 million.