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USA Today Sports Media Group
USA Today Sports Media Group
Sport
Adam Stites

Jaguars restructure Foye Oluokun’s deal to free up $10.3 million

The Jacksonville Jaguars made a significant step toward digging themselves out of a big salary cap hole. According to Ian Rapoport of NFL Network, the contract of linebacker Foye Oluokun was restructured to clear $10.336 million in cap space for the team.

Oluokun, 27, joined the Jaguars during the 2022 offseason on a three-year, $45 million deal. Per Spotrac, the Jaguars converted $12.92 million of Oluokun’s salary into a signing bonus and spread out of his salary over three voidable years that were added to the contract.

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