It’s a done deal. The Pittsburgh Steelers and quarterback Ben Roethlisberger have agreed on a new contract for the 2021 season:
We have signed QB Ben Roethlisberger to a new contract for 2021.
— Pittsburgh Steelers (@steelers) March 4, 2021
With the deal, Roethlisberger is taking a $5M pay cut, and the team is using future voidable years until 2022 and a signing bonus this year to spread out and clear money for this season. This effectively saves Pittsburgh over $15M in cap space for 2021, per NFL Insider Adam Schefter:
Ben Roethlisberger willingly reduced his pay to $14M from $19M in this final year of his contract and spread the cash payment through 2022, per source. It lowered the cap hit by over $15M, all so the team can make the right moves to be as competitive as possible this season.
— Adam Schefter (@AdamSchefter) March 4, 2021
Most have suspected this move was coming, and it is exciting to see it get done and see Pittsburgh is still all in on their QB and the upcoming season. If the cap projection stands, the team is now officially under the cap. They will likely continue to clear space ahead of Free Agency, and look to build a contender for the 2021 season.