According to NFL Network’s Ian Rapoport, the Indianapolis Colts reportedly restructured veteran wideout T.Y. Hilton’s 1-year, $8M deal to create a little bit of additional team salary cap space:
Currently, OverTheCap lists the Colts as having $1.8M of current cap room, so that figure should slightly increase with Hilton’s latest restructuring—by a reported $2.3M to be exact.
The Colts franchise’s 3rd-time all-time leading receiver made his 2021 debut last weekend against the Houston Texans (Week 6) and put together a solid outing, with a team-high 4 receptions for 80 total receiving yards.