Jaguars Restructure Linebacker's Contract; Free Up $11 Million In Cap Space

A notable move.

The Jacksonville Jaguars have restructured linebacker Foye Oluokun's contract to create close to $11 million in cap space for the team.

Jaguars LB Foye Oluokun had his contract restructured in order to clear $10.336 million in cap space, per @RapSheet https://t.co/PfoUqFtWWP pic.twitter.com/dsHdSlTkL9

— Around The NFL (@AroundTheNFL) February 26, 2023

The Jaguars, who have the league's fourth-lowest cap space, can use the money saved from Oluokun's restructure towards re-signing tight end Evan Engram.

Oluokun, the NFL's reigning leading tackler, added additional void years onto the three-year, $45 million contract he signed last offseason.

In 17 games this past season in his Jags debut, the twenty-seven-year-old recorded 184 total tackles, two sacks, two forced fumbles, two fumble recoveries and five passes defended.

He's entering his sixth NFL season after being drafted in the sixth round of the 2018 NFL Draft by the Atlanta Falcons.
Photo Credit: Corey Perrine/Florida Times-Unio / USA TODAY NETWORK