Joe Mixon and the Bengals are in the process of finalizing a contract restructure that will keep the veteran running back in Cincinnati for the 2023 season on a more team-friendly deal, according to ESPN’s Adam Schefter.
Mixon, who was set to earn $10.1 million and carry a salary cap hit of $12.791 this upcoming season, will agree to take a pay cut to remain with the 2023 AFC runners-up. Initial reports did not indicate the new terms of the 26-year-old’s deal, but made clear that the restructure will set the ballcarrier up to return as the Bengals’ top running back.
“Joe’s goal is to win a Super Bowl and play his career in Cincinnati and this is the best way to accomplish these goals,” Peter Schaffer, Mixon’s agent, said in a statement, per Schefter.