Meriweather latest Redskin to take pay cut

Meriweather latest Redskin to take pay cut
March 13, 2013, 1:30 pm
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Redskins safety Brandon Meriweather has agreed to a pay cut, according to a person familiar with the move. 

Meriweather had been set to earn 2.45 million next season but has agreed to play for $1.2 million. His cap hit, according to the source, will decrease from $2.9 million to $1.65 million, providing the cap-strapped Redskins with $1.25 million in relief.

Meriweather’s arrangement does not appear to include any incentives that would allow him to earn back the money he forfeited, the source said.

The 29-year-old’s salary reduction is the latest move by a Redskins’ front office that is desperately trying to create space under a cap ceiling that’s $18 million lower due to an NFL-imposed penalty.

In recent days, wide receiver Santana Moss and defensive end Adam Carriker also agreed to pay cuts. But with the Redskins still only $600,000 under the cap as of Wednesday morning, according to Mike Jones of The Washington Post, the team likely is not done asking players to take less money in 2013.