As the NFL offseason kicks into high gear, the Pittsburgh Steelers find themselves facing a significant financial challenge, with estimates suggesting they are over the 2024 salary cap by around $15.6 million.
The team’s front office now enters a crucial phase of decision-making to align with the cap restrictions and position the Steelers for success in the upcoming season.
Mitchell Trubkisy: A Complicated Situation
Mitchell Trubisky’s return to the Steelers last season added complexity to their financial situation. Despite a potential $10 million cap savings if released, Trubisky inked a multi-year extension with GM Omar Khan, reducing his 2023 number by about half.
However, this maneuver created extra dead money, making Trubisky’s cap charges extend through 2025. After inconsistent performances and Mason Rudolph’s emergence, parting ways with Trubisky appears inevitable. The move could yield approximately $9 million in cap savings over the next two seasons, albeit with some dead money implications.
Allen Robinson: Pay Cut or Departure?
Wide receiver Allen Robinson, acquired from the Rams, struggled to make a significant impact in 2023, posting modest numbers. With a reported near $12 million cap charge for 2024, the Steelers may consider retaining Robinson only if he accepts a pay cut. The offensive focus and cap constraints may lead to Robinson seeking a new home unless he agrees to a reduced salary.
Offensive Line Restructuring:
The Steelers aim to fortify their offensive line to enhance quarterback protection and running game efficiency. Releasing starting center Mason Cole, saving $4.75 million, and reserve guard Nate Herbig, with $4 million in savings, could pave the way for critical player acquisitions.
While not substantial in isolation, these figures contribute to the financial reshaping necessary for future success.
Patrick Peterson’s Uncertain Future:
Cornerback Patrick Peterson, approaching 34, faces potential release, saving the team $6.8 million of his $9.7 million cap hit. As the Steelers strategize on defense, decisions regarding veterans like Peterson will influence cap space and future player acquisitions.
Strategic Moves and Cap Management:
Releasing Trubisky, Okorafor, and Robinson could free up nearly $22 million in cap space for 2024, addressing the immediate financial crunch. However, this leaves the team with approximately $7 million in space, swiftly absorbed by incoming rookies.
The potential move involving Cameron Heyward, 35, could free up $22 million if released outright. Negotiations or a contract extension may soften the impact of losing the defensive stalwart.
While Larry Ogunjobi’s situation appears relatively secure due to significant dead money, other highly paid players might see contract restructurings. Defensive standouts like T.J. Watt and Minkah Fitzpatrick could be candidates, and attention will be on wide receiver Diontae Johnson as his $15.8 million hit enters the final year of his current deal.
Conclusion:
The Steelers face a complex offseason, balancing financial constraints with strategic player moves. Navigating the cap crunch requires astute decisions, especially regarding key players and potential roster reshaping.
Steelers fans eagerly await how their team will tackle this challenging dance of business and football strategy, with the hope that the decisions made now will set the stage for success in the upcoming season.