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The Jacksonville Jaguars are getting their books so as main as much as the beginning of the brand new league yr. Part of that course of is getting compliant with the NFL wage cap, and the Jags are one of many golf equipment that have to discover a method to get below that threshold. That sport of cap gymnastics has already begun as they’ve created a major quantity of house with a flurry of strikes.
First, the Jaguars restructured the contract of Foye Oluokun, which created $10.336 million in house, in keeping with NFL Media. Specifically, the staff transformed $12.92 million of Oluokun’s wage right into a signing bonus and added three void years to create over $10 million in wage cap house, by way of Spotrac.
Oluokun signed a three-year, $45 million take care of the Jaguars final season and proved to be one of many extra productive linebackers within the league. He led the NFL in tackles for the second consecutive season whereas beginning all 17 video games for Jacksonville. He additionally began each of the staff’s playoff video games this previous season and piled up 27 tackles in these contests.
Next, the Jaguars agreed to extensions with each defensive lineman Roy Robertson-Harris and working again JaMycal Hasty. Robertson-Harris inked a three-year extension value $30 million, per NFL Media. While the 29-year-old will get some long-term safety as he was coming into the ultimate yr of his earlier contract, Jacksonville additionally gave itself the flexibility to push cash into future seasons for extra cap reduction. Robertson-Harris was set to depend simply over $10 million in opposition to the staff’s cap in 2023. He signed a three-year, $23.4 million contract with the Jaguars in 2021, began in each sport for the staff this previous season and recorded a career-high 44 tackles and matched his profession excessive in sacks (three).
As for Hasty, he joined the Jaguars after the staff claimed him off waivers in late August and was set to be a restricted free agent this offseason. He appeared in all 17 video games and the groups two playoff matchups. During the common season, he totaled 320 yards from scrimmage and three touchdowns.
While these strikes have gone a great distance in serving to Jacksonville dig out of this wage cap gap, it’ll nonetheless have to clear roughly $12.5 million to get below it, by way of Spotrac. So, we might see much more strikes by GM Trent Baalke within the coming weeks.
