As we promised you when we broke the news of Beason's restructured contract, we will now provide you with the details regarding Jon Beason's new deal.
And, according to Pat Yasinskas, Beason basically just took one for the team:
It’s pretty simple. Beason took a significant pay cut and didn’t recoup any of it with up front money.
Under the new deal, Beason’s base salary for this year dropped from $5.25 million to $1 million, which is fully guaranteed. That drops Beason’s cap figure for this year from $9.5 million to $5.25 million.
Since we now know the details of the re-worked deal, we can applaud Beason for helping the team out with the salary cap by reducing his cap figure and getting nothing in return. Adding those few extra millions in cap space could allow Panthers GM Dave Gettleman the flexibility he needs to acquire another player to fill a need without sacrificing the rollover cap space he's saved up for next offseason.
Now if we can just get him back to 100% health, everything will be just peachy.