The Pittsburgh Steelers had busy day on Wednesday as the team made multiple roster moves to meet the leagues salary cap. In the process, they trimmed over $10 million from their 2014 Cap.Troy Polamalu. In both cases, the veterans received three-year contacts that will reduce their 2014 salaries. According to reports on ESPN, the Polamalu extension was worth $20 million over the three years and will reduce his 2014 cap hit from $8.25 million to $3.75 mllion, saving the team $4.5 million.
While this deal ensures he will finish his career with the Steelers, it is also a risk. At this point, it would be hard to imagine Polamalu playing out the entire three seasons at a high level.
News of the potential deal with Miller broke early in the week, but the details were not released until today. According to Tom Pelissero of USA Today, Miller will be reducing his salary cap number from $9.5 million to $6.1 million, opening up roughly $3.4 million in cap space. Even with those, the Steelers still have a lot of work to do after watching Jason Worilds sign his tender and re-signing safety Will Allen to an undisclosed contract.
After announcing the signings, the Steelers also cleared some space by releasing three players; offensive tackle Levi Brown, linebacker Larry Foote and cornerback Curtis Brown. Of those three, Foote comes as somewhat of a surprise because of depth issues. The 33-year old linebacker was scheduled to make $1.5 million in 2014.
The biggest clearing came from the release of Brown, which will save the team more than $6.25 million this season. For Brown, he departs the Steelers after never playing a down after injury his triceps in warm-ups during Week Six.
Like the previous two, cornerback Curtis Brown spent part of 2013 on injured reserve after tearing his ACL. The special teams stand-out was due to make $645.000 in 2014 and could return when his knee is healthy.
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