Clearly this is a cap move...............guaranteed base salary can then be converted to signing bonus and prorated over the length of the contract which doesnt expire until 2018.
This is step 1 of about 400 steps that will be taken to get under next year's cap, which we are like $40 million over according to some reports.
I do agree that the optics are not great on doing this now..............getting blown out 2 of the last 4 games and both on national TV and you hand out an extension? I maybe would have waited another week or two just from a PR stance.