TEMPE, Ariz. — It wasn’t a surprise that it happened, but it sure happened fast. Upon returning from the Super Bowl in New Jersey on team president Michael Bidwill’s private plane, Cardinals receiver Larry Fitzgerald announced via Twitter that he restructured his contract Tuesday.
Back in AZ from #SB48 & the 1st order of business this AM was signing a restructured contract to help the @AZCardinals get better for 2014!
Fitzgerald is coming off his second consecutive season with fewer than 1,000 yards, but he did go to the Pro Bowl for an eighth time and his production increased, like many of the offensive players, once the personnel became familiar with Bruce Arian’s offense. He caught a team-best 82 passes for 954 yards and a team-high 10 touchdowns.
The restructuring may finally put to bed the rumors that the Cardinals would look to trade Fitzgerald in the offseason to free up cap space — a move that would be a PR disaster for the franchise, given Fitzgerald’s iconic status in the Valley.
It will be interesting to see what Fitzgerald’s reworked deal looks like because there are challenges inherent in it, like an $8 million roster bonus that would be due in March 2015 and would have brought his cap hit to $21.25 million.