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Julius Peppers restructures contract, $2 million in cap space created

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Chicago Bears Pro Bowl defensive end Julius Peppers has restructured his contract again. Yay for Pep!

USA TODAY Sports

One thing's for sure, Julius Peppers is a team player.

<blockquote class="twitter-tweet"><p>Bears DE Julius Peppers tweaked his contract (again). $12.9M base lowered to $9.9M, $3M converted to signing bonus. Created $2M in cap space</p>&mdash; Brian McIntyre (@brian_mcintyre) <a href="https://twitter.com/brian_mcintyre/statuses/375312800374988800">September 4, 2013</a></blockquote>

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This is the second time in the last couple of years that Peppers re-did his contract to benefit the Bears. This restructure will help for the 2013 season, but the next two years his deal actually grows.

From Over The Cap, Peppers' 2014 cap hit will now be $18,183,333, and his 2015 cap hit climbs to $20,683,335. Those are two really big numbers, I think he's a prime candidate to be released after this season.

What do you all think about this latest development?

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