The Pittsburgh Steelers came to terms on a cap-saving move with about four days to go before the legal tampering period of NFL free agency begins on March 10.
NFL Network insider Tom Pelissero relayed the news on X, stating: “The Steelers and LB Cole Holcomb agreed to a revised contract, clearing $4 million in cap space. Holcomb hasn’t played since suffering a dislocated knee on Nov. 2, 2023. But he’s fully healthy now, Pittsburgh values his leadership and the plan is for him to play in 2025.”
There you have it, a relatively obvious cut candidate stays put in Pittsburgh as the Steelers manage to strike a deal with the veteran linebacker. As a reminder, the front office could have saved $6 million by releasing Holcomb, so they’ll sacrifice $2 million worth of cap space in order to retain him in this compromise.
The agreement stabilizes the Steelers’ depth at the position behind Patrick Queen, while also saving some money in the process.
Holcomb will join second-year draft pick Payton Wilson, 2022 draft pick Mark Robinson and Devin Harper, along with a chance that veterans Elandon Roberts and/or Tyler Matakevich still re-sign this spring.
THIS IS A DEVELOPING STORY. MORE TO COME.
