More Sports:

March 15, 2018

Report: Eagles restructure Zach Ertz's contract, free up a big chunk of cap space

For the second year in a row, the Philadelphia Eagles restructured Zach Ertz's contract to free up salary cap space. According to Field Yates of ESPN, the move will create about $5.4 million under the cap.

That move will give the Eagles an immediate savings, but will spread the cap hit into future years. From Ertz's perspective, the short explanation is that he simply gets a lump-sum cash advance on his pay. 

This move signals that the Eagles are not done spending in free agency just yet. Last year, the same day that Ertz restructured his deal, the Eagles signed Nick Foles. Stay tuned.

MORE ON THE EAGLES: Grading the Eagles' moves after the first official day of free agency | Philadelphia Eagles 2018 draft picks | Philadelphia Eagles updated 2018 depth chart | Report: CB Patrick Robinson to sign with Saints

Follow Jimmy on Twitter: @JimmyKempski.

Like Jimmy on Facebook.

Like the new PhillyVoice Sports page on Facebook.