Steelers wide receiver Hines Ward wants to finish his career in Pittsburgh, offering to restructure his contract to do it. Ward posted on his Facebook page Saturday that he has already told the Steelers he's willing to work with them on altering his deal so he can remain with the team. Ward's comments came after NFL.com reported the team was planning to cut the franchise's all-time leading receiver. The 35-year-old Ward is scheduled to make $4 million in 2012. He's coming off a season in which he finished with 46 receptions for 381 yards and two touchdowns, the lowest totals in each category since he was a rookie in 1998. Source: CBS Sports
If Ward took the veteran minimum, he'd only cost the team $300K more than outright releasing him. but there would be dead money on the books for 2013. If Ward takes the pay cut that he say he would, that would save the team $2M in cap space.