The Eagles and tight end Zach Ertz have agreed to a contract restructuring that will create $5.047 million in salary cap space, an NFL source said Thursday.
Of Ertz’s $8 million base salary for 2018, $7.21 million was converted into a fully guaranteed signing bonus. The remaining $790,000 will be his fifth-year league-minimum base salary.
The Eagles negotiated a similar restructure with right tackle Lane Johnson that trimmed about $7.5 million from the cap. They entered the offseason about $10 million over the $177.2 million limit. But the Johnson and Ertz restructures and the release of tight end Brent Celek, which cleared $4 million from the books, got them well under the cap.