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Cards Get Some Cap Relief; Fitzgerald Agrees To Restructured Deal
As NFL.com suggested, the Cardinals might have Super Bowl week's radio row to thank for increased salary cap space in 2014. ... This after Larry Fitzgerald told FOXSports Radio 910 last week that he would "absolutely" be willing to restructure his contract, which was projected to count more than $18 million against the cap.

The Cardinals announced Tuesday that the sides officially restructured, providing more financial flexibility for the offseason.

Worth noting, Arizona Republic beat man Kent Somers reported the first week of January that a restructured deal was possible, but that negotiations would "be interesting because Fitzgerald isn’t going to take a pay cut."

Fitzgerald’s salary was due to increase from $5 million in 2013 to $12.75 million in 2014. The salary cap for each team is expected to increase only 2-3 percent, to around $126 million. Based on his previous deal, Fitzgerald would have accounted for about 14.3 percent of that figure.

Details of the new agreement are not yet available.

But Somers' report indicated that Fitz would be open to a restructuring that might include converting salary into a bonus that can be prorated over the next few years. Indeed, NFL.com's Chris Wesseling pointed out today that history suggests a portion of the above-mentioned $12.75 base salary will be converted to a signing bonus which will be pro-rated over the life of the contract.

That could free up $7-8 million for an organization that was projected to have just over $2 million available in cap space.

Pointing to his "great relationship" with general manager Steve Keim, Fitzgerald said last week that any money freed up by his restructuring should go toward new contracts for Patrick Peterson, Karlos Dansby and Frostee Rucker.

Whatever the case, Fitzgerald is now guaranteed to remain in Arizona through a 2014 season in which the Cardinals hope to jump from playoff contender to Super Bowl contender.