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Falcons restructured Chris Lindstrom, AJ Terrell deals for cap relief

March 26, 2025 by The Falcoholic

Carolina Panthers v Atlanta Falcons
Photo by Perry Knotts/Getty Images

Seeking more cap space, the Falcons make a couple of relatively easy moves.

The Atlanta Falcons need to do more shopping. You know and I know that the defense is several moves shy of being good enough to lift this team in 2025, and they have only one legitimate option for starting center at the moment, and he isn’t even technically under contract if another team wants to offer something crazy.

That’s why it’s no great surprise to see the team freeing up more cap space. Per Spotrac, the Falcons have used simple restructures on both Chris Lindstrom and AJ Terrell’s contracts to free up about $10 million in each case, and Spotrac has them at about $12 million in cap space when the Top 51 rule is factored in.

The #Falcons processed 3 significant transactions to create cap space in recent weeks:

Extend T Jake Matthews, freeing $8.5M
Salary convert S AJ Terrell, freeing $10M
Salary-convert G Chris Lindstrom, freeing $10M

Atlanta now heads toward April with around $12M of Top 51 space.…

— Spotrac (@spotrac) March 26, 2025

Both of these moves give the Falcons cap relief right now when they need by converting salary to bonus, but it will also mean more dead money down the line. The Falcons are counting on being in a much better position against the cap a year from now with Kirk Cousins heading to greener (or more Brown, ha ha!) pastures at some point, so they’re banking on not feeling that pinch all that badly. For the moment, they now have the space to add more players, which is a must with holes everywhere on the defense and the team still lacking another compelling option at center.

We’ll see where this money goes, but it’s good to know the Falcons are also not just biding their time until the draft.

Filed Under: Falcons

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