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Steelers restructure Alex Highsmith’s contract, adding significant cap space

Alex Highsmith Pittsburgh Steelers linebacker Alex Highsmith (56) is introduced before an NFL football game against the Cincinnati Bengals in Pittsburgh, Sunday Dec. 3, 2023. (AP Photo/Gene J. Puskar) (Gene J. Puskar/AP)

PITTSBURGH — This article originally appeared on SteelersNOW.com.

The Pittsburgh Steelers have restructured the contract of outside linebacker Alex Highsmith, saving the team over $7 million in 2024 salary cap space, according to a report by Ian Rapoport of NFL Network.

The Steelers will save $7.206 million against their 2024 salary cap obligations with a full restructure of Highsmith’s contract. The savings will be spread out over the remaining three years of his deal.

Highsmith had been set to count for $13.9 million against the Steelers’ cap this season, $16.2 in 2025, $17.7 in 2026 and $18.7 in 2027. Now, he will count for $6.7 million this season, $18.6 million in 2025, $20.1 million in 2026 and $21.1 million in 2027.

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