The Pittsburgh Steelers have made a strategic financial move ahead of NFL free agency by restructuring linebacker Cole Holcomb’s contract, saving $4 million in cap space. Holcomb, who suffered a dislocated knee in November 2023 and missed the remainder of the season, is now fully healthy and expected to play in 2025. The revised deal allows the Steelers to retain Holcomb’s leadership and experience while creating flexibility for other roster moves.
Originally, the Steelers could have saved $6 million by releasing Holcomb, but the new agreement strikes a balance, sacrificing $2 million in cap space to keep him. This decision bolsters the team’s linebacker depth behind Patrick Queen, alongside younger players like Payton Wilson, Mark Robinson, and Devin Harper. The move also leaves the door open for veterans Elandon Roberts and Tyler Matakevich to potentially re-sign.
The restructuring of Holcomb’s contract may actually improve the chances of re-signing Roberts, as it aligns with the team’s financial strategy. However, the Steelers could also choose to allocate the saved funds elsewhere, focusing on other areas of need. The decision reflects Pittsburgh’s commitment to maintaining a strong defensive core while managing their salary cap effectively.
