Pittsburgh Steelers general manager Kevin Colbert has been pretty busy on Wednesday, inking safety Will Allen to a new contract earlier in the day and restructuring the deals of a pair of cogs to the team.
That not only keeps both Polamalu and Miller in a Steelers’ uniform, but it also helps the Steelers’ salary cap situation in a big way.
Miller came to terms on a two-year extension through the 2016 season that will reduce his 2014 cap hit by more than $3 million. He was entering the final year of his contract that called for him to earn $6 million in salary this year. According to Spotrac.com, his salary was reduced to $1.02 million in 2014 and his salary cap from $9.5 million to $6,133,166.
Earlier today I looked at the fact that the Steelers said they would not release Polamalu and they got a deal done with the Pro Bowl safety rather quickly.
Polamalu’s new deal is reportedly for $20 million over three years which will save the Steelers $4.5 million against the cap this season.
Polamalu was set to count $10,887,500 against their cap this year, which had been his final under contract.
Either way it looks like two of the Steelers’ most popular players will finish their careers in black and gold.