Carolina Panthers linebacker Jon Beason accepted a $4.25 million salary slash when he redid his contract at the start of camp.
His base salary dropped from $5.25 million to just $1 million, a guaranteed sum, I would sure hope so. There were no other adjustments made to Beason’s deal. The Carolina Panthers may have threatened to cut Beason had he not accepted the large salary slash.
Coming off of microfractuce surgery on his right knee, Beason is expected to miss most or perhaps all of training camp. The rest of Beason’s contract runs through 2016 and he could have to restructure again next season.
His cap figure for 2014 happens to be around $10.75, which if his deal this year was cut from $5 to $1 million, could end up getting cut from $10 million to $4-$5 million. Unless the Panthers deal Beason this season, or release him next season. Beason’s best bet is to be released by the Panthers so he can get some of that money back with another team.
But we will see how this plays out for the Panthers and Beason.