Eagles restructure Darius Slay’s contract to free up more salary cap room

NFL: SEP 27 Bengals at Eagles
PHILADELPHIA, PA – SEPTEMBER 27: Philadelphia Eagles Cornerback Darius Slay (24) interacts with the Bengals bench after a play in the second half during the game between the Cincinnati Bengals and Philadelphia Eagles on September 27, 2020 at Lincoln Financial Field in Philadelphia, PA. (Photo by Kyle Ross/Icon Sportswire)

According to NFL Network’s Ian Rapoport, the Eagles are once again attacking their salary cap debt. After a report earlier this week from Derrick Gunn cited that the Eagles would be planning on an extension with Brandon Graham, it appears Darius Slay is the next target.

Rapoport notes that the Eagles have been able to save close to $9M in cap space (nearly 25% of that they owe) by restructuring the contract of CB Darius Slay. He initially carried a cap-hit of $15.75M.

Slay was clearly worth the money in 2020 after leaving Detroit with Super Bowl aspirations, and he didn’t have to re-work his deal. In doing so, it means the Eagles might need to be so cut-throat with some of their upcoming roster decisions.

Slay’s first season in midnight green was an impressive one. He helped hold Terry McLaurin to just 28 yards, Jarvis Landry to 13, Michael Thomas to 33, and Juju Smith-Schuster to 11. Slay only gave up 50+ yards to a receiver twice last season and both came in those wildfire defeats. He also only allowed three touchdowns this year, with Davante Adams doing the damage on two.

The Eagles will have roughly $29M remaining on their bill to pay off after saving $2M yesterday by refusing to tender punter Cameron Johnston.

Photo by Kyle Ross/Icon Sportswire