Jonathan Goodwin’s restructured deal frees up $1.85 million in cap space

5/26/13 in NFL   |   IvanRogers   |   1352 respect

The San Francisco 49erws restructured Jonathan Goodwin’s contract this week, after the center agreed to take a pay-cut in base salary for the 2013 season.
As part of the restructured deal, Jonathan Goodwin’s base salary has been reduced from $3.7 million to $2.7 million for next season. In exchange for lowering his salary by a difference of $1.2 million, the San Francisco 49ers turned $1 million of Jonathan Goodwin’s deal into guaranteed money.
Jonathan Goodwin also agreed to give up $665,000 in what was being considered “likely to be earned” incentives, which were although not granted at this point but still counted against the 2013 salary cap.
As a result, Jonathan Goodwin’s cap hit of $5.016 million in the final year of his contract dropped to $3.166 million, thus creating $1.85 million in cap room.
The move, offers an insight into a couple of issues this offseason. Firstly, the Baltimore Ravens have three draft picks that remain unsigned, but not enough cap space to get the deals done. Before restructuring Jonathan Goodwin’s contract as well as announcing the signings of draft picks Tank Carradine and Vance McDonalds to rookie deals, the San Francisco 49ers reportedly had just $1,303,262 in cap space. The amount couldn’t possibly be considered enough to wrap up the rookie signings.
Next up, the issue of Jonathan Goodwin’s roster spot. The San Francisco 49ers had third-year pro Daniel Kilgore working with the first-team during OTA practices while Jonathan Goodwin trained back home. Last year’s fourth-round pick Joe Looney has also gotten a look at center over the past year. So, the San Francisco 49ers apparently have been considering their future at the position, though not much can be read into the situation at this point. But after Jonathan Goodwin took a pay cut, his roster spot becomes slightly more secure if the 34-year-old is able to prove himself in training camp this year.
The 12-year veteran Jonathan Goodwin is in the last season of a three-year deal, with a $2 million signing bonus and $4 million guaranteed money, that he signed for with the San Francisco 49ers in May 2011.
Notify me by email about comments that follow mine. Preview