Wednesday, March 27, 2013
Details of Jordan Gross contract restructure
By Pat Yasinskas
The Carolina Panthers have restructured the contract of left tackle Jordan Gross and given the veteran left tackle a what is officially a three-year contract extension. But the contract is scheduled to automatically void on the fifth day of the league year in 2014.
According to numbers obtained by ESPN.com, Gross’ contract, which had been set to expire after the 2014 season, now runs through 2017, but only for salary-cap purposes. Gross was given a $4.5 million signing bonus to make up for a cut from $8.7 million to $1 million in base salary this year.
The restructuring drops Gross’ salary-cap figure for this year from $11.7 million to $4.9 million.
Gross always has been known as a team player. This deal only enhances that reputation as Gross is helping the Panthers get out of cap trouble now and in the future.