Rams OT Smith agrees to major pay cut

Posted April 21, 2012 @ 6:41 p.m.
Posted By PFW staff

Rams OT Jason Smith has agreed to restructure his contract to give the team more salary-cap space. 

The No. 2 pick of the 2009 draft, Smith will take a huge pay cut. He was slated to make $10 million in 2012 and $12 million in '13. Instead, he will earn a guaranteed $4 million, along with a $500,000 bonus, this coming season. 

Next year, the Rams will pay him a $750,000 base salary and an $11.25 million roster bonus. That year of the contract is now voidable by the team. 

The 2014 season was originally a voidable year under the original contract, but it has been deleted, causing nearly $3.27 million in option bonus money to be accelerated to the 2012 salary cap.

Smith has suffered serious concussion problems since entering the league. He started 15 games in his rookie year at right tackle after losing the OLT job to then-fellow rookie Rodger Saffold, but he started only five in 2011 after a series of head injuries. The Rams expect him to play right tackle this season. 

As the second overall draft pick in '09, Smith originally had signed a five-year, $54 million contract.