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Vikings convert Kirk Cousins’ contract to create 16m in cap space: What it means and why

The Minnesota Vikings have converted Kirk Cousins contract to create 16 million dollars in cap space. I want to be clear, this is not an extension. Kirk had void years in 2024 and 2025, now there’s 2 additional void years in 2026 and 2027. His last real year under contract is 2023. This conversion shifts some of his 2023 cap hit into dead cap spread across the void years. Prior to the conversion, his cap hit was $36.25 million this year, that drops to $20.25 million after the conversion. The Vikings converted his 20m roster bonus into a signing bonus then distributing that into the void years.