When it comes to the salary cap and needing to create space there is always one big way to do that.
Restructure one of the current higher paid players on the roster.
From Field Yates:
The Cardinals converted $6,507,222 of DT Jordan Phillips' salary into a signing bonus (while adding two voidable years), creating $5,205,778 in salary cap space.— Field Yates (@FieldYates) October 21, 2021
This move coincided with the trade for Zach Ertz, as Arizona gets relief to use to operate the rest of the season.
It was Jordan Phillips this time on the receiving end of the restructure and like always the Cardinals will worry about today’s salary cap constraints tomorrow as the Cardinals tacked on two voidable years at the end of Phillips contract.
That means the Cardinals will have Phillips on the books after his contract with the team is up, barring any type of extension.
It was needed though, as Jess Root reported:
He is due $5.67 million for the rest of the season from the Cardinals, but as of a few days ago, they had less than $3 million in space under the salary cap.
So, the Cardinals now have Ertz and a little bit of cap room to head into the end of the 2021 NFL season.