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Salary Cap Ramifications Of Steelers Trading QB Kenny Pickett

The Pittsburgh Steelers had surprising news on Friday as the team traded away QB Kenny Pickett, their former first round selection of the 2022 NFL Draft, to the Philadelphia Eagles. On the heels of that trade, let’s quickly look at the salary cap ramifications.

Pickett was set to count $3,836,701 against the Steelers in 2024 ahead of him being traded away on Friday. $985,000 of that was his base salary. Pickett still had two years of rookie contract signing bonus proration on the books ahead of the trade and that amount totals out at $3,705,602. That will now be the total amount of dead money the Steelers will have on the books for Pickett in 2024 as the full amount escalates forward with this deal happening before June 1.