Connor Barwin has restructured his contract. The Eagles linebacker broke the news on Twitter on Wednesday afternoon when he sent out the following tweet:
Several reporters have since confirmed the news. The team has not officially commented.
Barwin was scheduled to carry a $7 million cap hit this season. His 2015 base salary was originally worth $5.5 million before he hit a contract escalator worth $900K. There are three years remaining on Barwin's contract after 2015. The now-28 linebacker originally signed with Philadelphia in the 2013 offseason.
According to Geoff Mosher, this restructure DOESN'T lower Barwin's 2015 cap hit. Instead it rewards Barwin over the course of his deal. Barwin's restructure comes one day after the Eagles reworked the contract of linebacker/special teams contributor Bryan Braman.
Barwin's 2014 performance was excellent. He finished the season with 14.5 sacks which helped him earn Pro Bowl and second-team AP All-Pro honors.
Source says Barwin's extension doesn't lower his cap number in 2015, rewards Connor over the remainder of his contract.— Geoff Mosher (@GeoffMosherCSN) March 18, 2015
Barwin slated to make 6.4M in '15 pre-restruc. Brandon Graham just re-signed for $6.5 per year. Team needed to reward Barwin for 14.5 sacks.— Geoff Mosher (@GeoffMosherCSN) March 18, 2015
#Eagles needed to make sure Barwin was still the highest-paid OLB on the team because he made Pro Bowl, had breakout season. Makes sense.— Geoff Mosher (@GeoffMosherCSN) March 18, 2015