Andrew Wylie of the Commanders has restructured his contract ahead of the final year of his deal. The change included the addition of guaranteed money and opportunities for earning incentives. Contract restructures are typically beneficial for players as they convert parts of their salaries to signing bonuses, allowing for immediate cash flow. This restructured deal exemplifies standard practices in the NFL for salary cap management. In contrast, renegotiation involves pay cuts, placing different contexts on player agreements within the league.
Restructuring is generally a 'push button' adjustment in which a portion of a player's salary is converted to signing bonus, benefiting both player and team.
In renegotiation, a player agrees to a pay cut, a different scenario than restructuring, which benefits the player by providing immediate cash.
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