PFT reported earlier, the Cardinals have gained nearly $13 million in cap space thanks to a new deal with wide receiver Larry Fitzgerald, guaranteeing that future Hall of Famer retires with the organization.
That word was accurate. PFT has learned, via a league source, that the deal is now done.
Full details of the agreement are still to come, but we know that there are major cap implications for the team in 2015. They’ll get back nearly $13 million in cap space that was originally earmarked for the veteran wideout, who stood to make $16 million in salary and count $23.6 million against the cap under his old deal.
Fitzgerald will be 34 when those guarantees are finished.
