Accouting work: The Colts converted Peyton Manning's $10 million roster bonus into signing bonus and lowered his 2007 salary cap number from $16.53 million to $8.2 million. The Colts also did the same with the $3.9 million roster bonus of defensive end Robert Mathis. That lowered his cap number from $7.11 million to $3.99 million. The dual savings of those deals now gives the Colts $14.8 million of cap room. Before making those moves they were right at the cap.
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Great news, Clayton called this awhile back, good to see they finally restructured his contract which you knew would be done sooner or later.