Buccaneers restructure star offensive player’s contract, create $19 million in cap space

The Tampa Bay Buccaneers are clearing up some room after their free agency signings.

Detailed view of the Tampa Bay Buccaneers helmet against the New Orleans Saints. / Stephen Lew-Imagn Images

The Tampa Bay Buccaneers made two big moves in free agency, bringing back wide receiver Chris Godwin and bringing in edge rusher Haasan Reddick from the New York Jets. The former was a three-year deal worth $66 million and the latter a one-year deal worth $12 million, so the Bucs could use to open up the cap a little to make room for them.

They did just that on Friday. Per FOX Sports' Greg Auman, the Buccaneers opened up $19.96 million in cap space by restructuring Tristan Wirfs' contract, which will allow them to comfortably cover their recent free agency signings.

Per Auman, Wirfs' $26 million base salary is mostly being converted to bonus over five more years, which makes his 2025 base salary just $1.17 million. Wirfs will still get that money, of course, but it will now come from his bonus over his next few years in the NFL.

Bucs have restructured the contract of tackle Tristan Wirfs to create cap space -- $26 million base salary converted to $1.17 million and bonus (pro-rated over five years) so that creates $19.86 million in new cap space, more than covering the team's initial wave of signings.

— Greg Auman (@gregauman) March 14, 2025

Buccaneers assistant general manager Mike Greenberg has always been quite cap savvy, and this is another example. There are a few other contracts the team can restructure or extend this offseason to clear up more room, and with more potential free agent signings and a draft class on the way, expect the Bucs to do just that as the offseason continues on.

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