According to reports, the Detroit Lions and LB Jamie Collins have agreed to a restructured contract and the details of that contract have emerged.
Chris Burke of The Athletic is reporting that Collins’ base salary for 2021 has been reduced from $8.8 million to $3.8 million, with three voidable years added to the back end of the contract (2023-25). As Burke notes, this lowers Collins’ cap hit in 2021 by $4 million, down to $7.33 million.
In 2020 Collins had 101 tackles, one interception, and one sack in 14 starts with the Lions.
Jamie Collins restructure details: Base salary reduced from $8.8 million to $3.8 million, with three voidable years tacked on the end of the contract (2023-25). Lowers his cap hit by $4M this year, down to $7.33M.
— Chris Burke (@ChrisBurkeNFL) March 10, 2021