DJ and Sherman take a pay cut

[Mr. Laz]

Originally Posted by JASONSAUTO

looks like he lost over 4 million to me, but i might be missing something

Yea, we don't really know what happened yet. Sounds like to me he will get that 4 million back if he is healthy enough to make the team but still just guessing.


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Report: Derrick Johnson, Anthony Sherman take a pay cut
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By: Wesley Roesch | 8 hours ago
Wondering how the Kasnas City Chiefs were able to afford signing defensive lineman Bennie Logan to a one-year, $8 million deal?

Well, here’s your answer.

Per Field Yates of ESPN, Chiefs linebacker Derrick Johnson took a pay cut for 2017, creating $4.25 million in cap room.

Source: Chiefs LB Derrick Johnson has taken a pay cut for 2017. He got a $1M signing bonus & $1M base salary, creating ~$4.25M in cap space.

— Field Yates (@FieldYates) March 17, 2017

Also, fullback Anthony Sherman dropped his 2017 base salary from $1.55 million to $1.1 million and also dropped his roster bonuses, creating $550,000 in cap room.

Over the Cap has the Chiefs’ cap space listed at about $427,000 right now, and that’s not including Johnson and Sherman’s restructure. Adding those in, and the Chiefs should have a little over $5 million in cap space for 2017. That’s enough for the team to possibly sign another free agent (like Gerald Hodges?) and sign the new draft picks in April.

The fact that Johnson and Sherman were willing to cut their contracts shows how big of team guys these two are. There aren’t many players that are willing to just get rid of money like that. Much respect to those two.

Following this news, I’m curious to see if the Chiefs make any more moves to create cap room. Could they restructure any more contracts? Tamba Hali’s? Will they cut anyone? It’s possible if they want to sign more free agents.