The Pittsburgh Steelers cleared $6.56 million of salary cap space by renegotiating the contract of outside linebacker LaMarr Woodley, a league source confirmed on Tuesday. Franchised by the Steelers prior to last year's lockout, Woodley signed a five-year extension worth $52.5 million on August. Woodley received a $13 million signing bonus, $4 million option bonus and a $1.1 million base salary which resulted in a 2011 cap number of $7.7 million. In 2012, Woodley was due a $3.4 million base salary and had a $5.5 million roster bonus due on the 5th day of the 2012 league year for a cap number of $11.5 million. Source: Mac's Football Blog
And to think, we drafted Kolb ahead of this stud. Imaginr where we'd be if we'd made the right choice. But all in all a good move by the Steelers.
