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Steelers Salary Cap Update after New Donte Jackson Contract



Pittsburgh Steelers CB Donte Jackson
Carolina Panthers cornerback Donte Jackson (26) warms up before an NFL football game against the , Sunday, Dec. 3, 2023, in Tampa, Fla. (AP Photo/Peter Joneleit)

The Pittsburgh Steelers got new cornerback Donte Jackson to take a $4.5 million pay cut for the 2024 season, according to a report by Over the Cap on Monday morning.

The Steelers and Jackson had a Saturday deadline to re-work his deal, which was originally set to pay hm $10.5 million this season and $4 million of that on Saturday. The Steelers apparently got under that deadline, even though the news didn’t come out until Monday morning.

Jackson agreed to take a pay cut of $4.5 million, from $10.5 million down to $6 million total for the season. They did so with only giving him another $750,000 in guaranteed money on top of the $4 million he had already been expected to get over the weekend. The Steelers could have cut Jackson without penalty if they released him before paying him the bonus.

With Jackson agreeing to a significant pay cut, the Steelers have about $14.8 million in 2024 offseason salary cap space, according to Steelers Now‘s estimate. That’s up from $10.3 million in our last update on Sunday.

That comes with the caveat that we still haven’t seen the contract details for the contract of safety DeShon Elliott, so his salary is estimated in this update. There is only so much wiggle room in a contract like his two-year, $6 million deal. His 2024 salary cap hit has to be somewhere between $1.125 million and $4.875 million, and both of those extremes are very unlikely. We’ll estimate his 2024 cap hit at $2.625 million until we get a better figure.

No details have been released regarding the new contract of wide receiver Van Jefferson. He is not included at all.

That total number can still be misleading. Before the start of the 2024 regular season, they will need to pay workout bonuses, sign their rookie class, account for the 52nd and 53rd players on the roster, sign a practice squad, account for players on the injured reserve and leave space for in-season acquisitions.

The Steelers once again will have some work to do to get salary cap complaint before the start of the season after this weekend’s moves. They are functionally $4.9 million over the salary cap.

The Steelers also have several avenues of achieving further savings, as the team can cut, restructure, or extend the contract of several veteran players, including Cam Heyward, Larry Ogunjobi, Minkah Fitzpatrick and Alex Highsmith.


Functional cap space (est.) -$4,901,530 T.J. Watt $30,418,694
Cam Heyward $22,406,250
Estimated 2024 NFL salary cap $255,400,000 Minkah Fitzpatrick $21,355,000
Steelers 2023 salary cap rollover $2,340,191 Alex Highsmith $13,933,000
Steelers 2024 salary cap (est.) $257,740,191 Larry Ogunjobi $13,283,333
James Daniels $11,166,668
Top 51 salaries $218,509,516 Isaac Seumalo $10,191,666
Dead cap hits $24,381,069 Cole Holcomb $7,640,000
Patrick Queen $6,113,333
Offseason cap space (est.) $14,849,606 Donte Jackson $6,000,000
Nate Herbig $5,460,000
Draft pool $3,013,936 Chris Boswell $4,720,000
End of rule of 51 $1,830,000 Elandon Roberts $4,667,500
Practice squad (est.) $4,000,000 Najee Harris $4,151,460
In-season buffer/inj. reserve (est.) $10,000,00 Damontae Kazee $3,875,000
Workout bonuses (placeholder) $907,200 Broderick Jones $3,778,719
Dan Moore Jr. $3,235,000
Justin Fields $3,233,448
DeShon Elliott (est.) $2,625,000
Miles Killebrew $2,255,000
Joey Porter Jr. $2,185,988
Montravius Adams $2,125,000
Cameron Johnston $2,083,333
Pat Freiermuth $1,918,057
George Pickens $1,841,506
Keeanu Benton $1,666,619
DeMarvin Leal $1,414,608
Darnell Washington $1,216,798
Russell Wilson $1,210,000
Christian Kuntz $1,163,333
Isaiahh Loudermilk $1,135,072
Calvin Austin III $1,111,084
Nick Herbig $1,083,231
Breiden Fehoko $1,055,000
Denzel Mims $1,055,000
Connor Heyward $1,023,806
Mark Robinson $1,013,089
Jaylen Warren $989,000
Luq Barcoo $985,000
Marquez Callaway $985,000
Dez Fitzpatrick $985,000
Thomas Graham Jr. $985,000
Kyron Johnson $985,000
Jonathan Marshall $985,000
Josiah Scott $985,000
Spencer Anderson $934,446
Kalon Barnes $915,000
Dylan Cook $915,000
Jalen Elliott $915,000
Devery Hamilton $915,000
Ryan McCollum $915,000

Salary figures from Steelers Now sources, the NFLPA, and