The Tampa Bay Buccaneers are making significant moves to free up salary cap space through contract restructures. Having already adjusted the deals of safety Antoine Winfield Jr. and tackle Tristan Wirfs, they are now creating additional cap room by modifying their star quarterback’s contract.
Baker Mayfield, who signed a three-year extension worth up to $110 million in 2024, is the latest player to have his contract restructured. According to NFL reporter Aaron Wilson, the team has converted $30 million of his base salary into a roster bonus, reducing his base salary to $2 million. Additionally, the Buccaneers added an extra void year in 2029, bringing Mayfield’s cap hit down to $23.875 million and freeing up approximately $14 million in cap space.
Same compensation for 2025 for Baker Mayfield, lower salary-cap figure as #Buccaneers restructured deal, per records: new cap figure $23.875M with conversion of $30M base salary to roster bonus, down to $2M base salary, cap was previously $38.275M. Money treated as option after…
— Aaron Wilson (@AaronWilson_NFL) April 3, 2025
This move follows similar restructures earlier in the week. Winfield Jr.’s contract adjustment saved the team $15.86 million, while Wirfs’ restructure opened up $19.86 million. By spreading these cap adjustments over multiple years, the team is easing financial pressure rather than targeting a specific signing. As of now, Over the Cap reports the Buccaneers have $16.54 million in available cap space.
Mayfield, meanwhile, does not lose any money in this process. His base salary was simply converted into a roster bonus, meaning he will receive the money sooner rather than later. As he prepares for his second season under his current contract and third overall with Tampa Bay, the Buccaneers continue working to maintain a competitive roster while managing their financial flexibility.
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