The Pittsburgh Steelers had a sizable adjustment to their 2024 salary cap last week, and after some deep research, I have finally tracked down the reason for it.
Last week, the Steelers lost $1.23 million in 2024 salary cap space. That charge is related to former Steelers S Keanu Neal, who filed for an injury protection benefit from the team after being released with a failed physical designation before the 2024 season.
The Steelers released Neal in early March after he failed a physical with the team. At the time, Neal was under contract with the Steelers for the 2024 season.