At first blush, I'm not a fan of this decision. Part of the beauty of J.J. Watt's contract, aside from the fact that it's already a bargain, was that it was structured for the Texans to take their largest dose of cap medicine in 2015. By restructuring Watt's contract, the Texans have forfeited that benefit. , this conversion operates to limit the Texans in 2016 and beyond.
March 24, 2015 isn't an important deadline on the NFL calendar, but today was a deadline of import for the Houston Texans. As Joel Corry noted back in early February, today was the last day the Texans could lower J.J. Watt's. Such a move would serve to create cap room for the Texans in 2015, but at the expense of cap flexibility in the years after that. As Brett said in his FanShot, guess what the Texans did?
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