While new starting quarterback Carson Wentz was set to receive a $10 million roster bonus on Friday, it turns out he tweaked that amount to help the Indianapolis Colts cash flow and current salary cap situation:
Colts’ QB Carson Wentz receives a $10 million roster bonus from Indianapolis today.— Adam Schefter (@AdamSchefter) March 19, 2021
The #Colts tweaked QB Carson Wentz’s contract, sources say. He was due a $10 million roster bonus today but they broke that up — $5 million payable in July and the other half early next year. Wentz helping his new team with cash flow.— Mike Garafolo (@MikeGarafolo) March 19, 2021
It’s been speculated that this maneuver should free up $5M of current Colts salary cap space for 2021—pushing the other $5M owed to the 2022 league year:
This would create an additional $5M in cap space for 2021, I believe. https://t.co/jBN4dGtjZF— Stephen Holder (@HolderStephen) March 19, 2021
Whatever the case, it appears that Wentz was flexible and willing to accommodate his new team to help their current cash flow and salary cap situation, while hopefully improving the supporting cast surrounding him in 2021—or at the very least, better locking up some core players for Indianapolis long-term.