Bucs free up cap space by restructuring left guard Ali Marpet’s deal

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Even as they explore the possibility of signing five-time All-Pro cornerback Richard Sherman, the Bucs have restructured left guard Ali Marpet’s deal to create salary-cap space.

The restructure, first reported by ESPN’s Field Yates, converts $5 million of Marpet’s contract into a guaranteed roster bonus that adds two void years to the deal and creates $4 million in cap space for 2021. As a result, Marpet’s cap charge increases by $1 million for each of the next four years.

Marpet, a second-round pick from Division III Hobart College in 2015, signed a five-year extension (worth nearly $11 million a season) in the fall of 2018.

The Bucs have depth issues at corner with starter Sean Murphy-Bunting sidelined indefinitely with a dislocated elbow. Coach Bruce Arians confirmed earlier this week that general manager Jason Licht has reached out to Sherman, who is still dealing with a July arrest but has attracted interest from a handful of teams.

“We’ve got to see,” Arians said. “He’s got other things going on, too. Just a matter of I coach the ones we got and let (Licht) handle the rest of that. We’ll kick the tires on some other guys, too.

“... If it’s the right fit, it’s the right fit and we’ll move on it.”

Contact Joey Knight at jknight@tampabay.com. Follow @TBTimes_Bulls.

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