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“Huge Ben” takes a small pay lower.
On Thursday, the Steelers introduced that they’ve signed quarterback Ben Roethlisberger to a brand new contract for the 2021, successfully restructuring the remaining cash on Roethlisberger’s contract and ending a months-long odyssey of the 2 events dancing round each other in contract discussions.
We have now signed QB Ben Roethlisberger to a brand new contract for 2021.
— Pittsburgh Steelers (@steelers) March 4, 2021
“It’s my biggest honor to be a Pittsburgh Steeler and provides my all for this group,” Roethlisberger mentioned in a press release. “I’m grateful to be at this stage of my profession and very happy to regulate my contract in a means that finest helps the crew to deal with different gamers who’re so important to our success. I really like this recreation and like to compete, and I consider on this crew and my means to ship when referred to as upon. All of it begins with nice preparation and I’m able to go.”
Earlier within the offseason, Steelers brass indicated they’d have appreciated to maintain Roethlisberger round, simply at a less expensive quantity than his $40 million cap hit he was scheduled to take into the 2021 season.
With Pittsburgh up towards the cap and a number of other key free brokers — together with vast receiver JuJu Smith-Schuster and linebacker Bud Dupree — the crew wanted some wiggle room, which the restructured quarterback contract has given them.
“We all know that Ben can nonetheless play at a excessive degree and do particular issues for this crew,” Steelers GM Kevin Colbert mentioned. “Our objective stays the identical — to place collectively a roster that may compete for one more championship. We’re pleased that Ben might be considered one of our leaders to assist us accomplish that objective.”
This is how Roethlisberger’s new deal shakes out:
MORE: Steelers best options to replace Roethlisberger in the future
Ben Roethlisberger contract particulars
ESPN’s Adam Schefter reported that Roethlisberger agreed to take a $5 million pay lower within the ultimate 12 months of his contract (2021), spreading his money pay out into the 2022 season.
The transfer lowered Roethlisber’s 2021 cap hit by $15 million, down from the $41.2 million hit he was scheduled to account for in 2021. Roethlisberger was initially set to turn out to be a free agent following the 2021 season. Roethlisberger’s unique cap quantity was the best of any participant within the league coming into 2021.
Ben Roethlisberger willingly lowered his pay to $14M from $19M on this ultimate 12 months of his contract and unfold the money fee by means of 2022, per supply. It lowered the cap hit by over $15M, all so the crew could make the precise strikes to be as aggressive as attainable this season.
— Adam Schefter (@AdamSchefter) March 4, 2021
NFL Community’s Tom Pelissero reported that a few of Roethlisberger’s cash was transformed right into a signing bonus, with an out after the primary season.
#Steelers QB Ben Roethlisberger’s new contract for 2021 makes use of a signing bonus, minimal base wage and voidable years to unlock about $15 million of cap area, per supply. Huge Ben takes a $5M paycut, from $19M to $14M, giving the crew much-needed respiration room.
— Tom Pelissero (@TomPelissero) March 4, 2021
Per Spotrac, the cap hit the Steelers are anticipated to face continues to be over $22 million, however the Steelers nonetheless make out nicely in opening up cap area.
The 2021 cap hit on Ben Roethlisberger’s new contract begins at $22.25M. That is the (rigid) lifeless cap that should rollover from the earlier deal.
— Spotrac (@spotrac) March 4, 2021
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