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Seahawks restructure DK Metcalf’s contract to create cap space

According to a report from Field Yates Tuesday morning, the Seattle Seahawks created cap space with a recent restructure of DK Metcalf’s contract.

Teams creating cap space via restructures to begin the season:

Seahawks via WR DK Metcalf: $9.5M

Vikings via TE T.J. Hockenson: $7M

Falcons via DT David Onyemata: $4.85M

Cowboys via OT Terence Steele: $4.5M— Field Yates (@FieldYates) September 10, 2024

More specifically, Seattle converted $11.875 million of Metcalf’s salary in 2024 into a bonus. When money is paid out to a player via a bonus (signing, workout, etc.