Late last week, the Cleveland Browns traded veteran cornerback Jamar Taylor to the Arizona Cardinals in exchange for a 6th round pick in 2020. We had heard rumblings since just before the draft that the team was thinking of moving on from Taylor, and now we may know one of the hurdles that prevented the team from dealing him sooner: his contract.
According to Field Yates of ESPN, prior to the trade going through, Taylor agreed to restructure his contract in 2018:
Source: the in the reworked contract he agreed to before being traded to the Cardinals, CB Jamar Taylor's agreed to drop his base salary from $4.25M to $975K. His cap number decreased by $2.75M.— Field Yates (@FieldYates) May 21, 2018
His base salary dropping from $4.25 million to $975,000 drop — a decline of $3.275 million. Yates says that his cap number only dropped by $2.75 million, though, which means that in some fashion, Taylor probably had $525,000 of his base salary converted into some form of a roster bonus.
Cleveland should be in line to carry a $1.5 million cap hit this year for Taylor in dead money, due to the two years of $750,000/year he had remaining on his signing bonus.